BHG GROUP AB |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 19.51 SEK | +5.40% |
|
+20.23% | +38.62% |
| Apr. 25 | Transcript : BHG Group AB, Q1 2024 Earnings Call, Apr 25, 2024 | |
| Apr. 25 | BHG Group AB Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 6,270 | 19,197 | 11,818 | 3,328 | 2,520 | 3,318 | - | - |
| Enterprise Value (EV) 1 | 6,818 | 21,662 | 14,070 | 4,872 | 4,707 | 5,594 | 5,332 | 5,264 |
| P/E ratio | 35.6 x | 47.1 x | 24 x | 74.3 x | -1.61 x | -74 x | 28.9 x | 52.9 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 1.01 x | 2.14 x | 0.93 x | 0.25 x | 0.21 x | 0.33 x | 0.29 x | 0.28 x |
| EV / Revenue | 1.1 x | 2.42 x | 1.11 x | 0.36 x | 0.4 x | 0.55 x | 0.46 x | 0.45 x |
| EV / EBITDA | 14.6 x | 24 x | 12.7 x | 5.99 x | 8.13 x | 9.08 x | 8.09 x | 7.52 x |
| EV / FCF | 23.3 x | 24.1 x | -64.9 x | -16 x | 3.45 x | 66.4 x | 13.8 x | 12.8 x |
| FCF Yield | 4.3% | 4.16% | -1.54% | -6.24% | 29% | 1.51% | 7.24% | 7.81% |
| Price to Book | 2.17 x | 6.89 x | 2.22 x | 0.44 x | 0.4 x | 0.53 x | 0.51 x | 0.52 x |
| Nbr of stocks (in thousands) | 107,368 | 107,368 | 123,816 | 179,234 | 179,234 | 179,234 | - | - |
| Reference price 2 | 58.40 | 178.8 | 95.45 | 18.57 | 14.06 | 18.51 | 18.51 | 18.51 |
| Announcement Date | 1/31/20 | 1/29/21 | 1/28/22 | 1/27/23 | 1/26/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 6,212 | 8,968 | 12,666 | 13,434 | 11,790 | 10,094 | 11,488 | 11,664 |
| EBITDA 1 | 467 | 902.7 | 1,105 | 813.8 | 578.9 | 616 | 659 | 700 |
| EBIT 1 | 282 | 657.8 | 710.6 | -183.9 | -1,374 | 163 | 211 | 252 |
| Operating Margin | 4.54% | 7.33% | 5.61% | -1.37% | -11.66% | 1.61% | 1.84% | 2.16% |
| Earnings before Tax (EBT) 1 | 233.1 | 550.3 | 630.9 | -18.3 | -1,593 | -42.93 | 182.7 | 132 |
| Net income 1 | 176.2 | 415.1 | 485.3 | 34.1 | -1,565 | -44.92 | 114.8 | 62.2 |
| Net margin | 2.84% | 4.63% | 3.83% | 0.25% | -13.27% | -0.45% | 1% | 0.53% |
| EPS 2 | 1.640 | 3.800 | 3.970 | 0.2500 | -8.730 | -0.2500 | 0.6400 | 0.3500 |
| Free Cash Flow 1 | 293.1 | 900.7 | -216.9 | -304.2 | 1,366 | 84.3 | 386 | 411 |
| FCF margin | 4.72% | 10.04% | -1.71% | -2.26% | 11.58% | 0.84% | 3.36% | 3.52% |
| FCF Conversion (EBITDA) | 62.76% | 99.78% | - | - | 235.91% | 13.69% | 58.57% | 58.71% |
| FCF Conversion (Net income) | 166.35% | 216.98% | - | - | - | - | 336.24% | 660.77% |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 1/31/20 | 1/29/21 | 1/28/22 | 1/27/23 | 1/26/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,487 | 3,111 | 3,908 | 3,107 | 3,308 | 2,618 | 3,482 | 2,862 | 2,829 | 2,009 | 2,681 | 2,490 | 2,914 |
| EBITDA 1 | 275.7 | 232.4 | 269.2 | 162.9 | 149.4 | 60 | 225.7 | 139.1 | 154.1 | 93.3 | 188 | 142 | 193 |
| EBIT 1 | 157.4 | 97.9 | 123.4 | -361.5 | -43.7 | -100.1 | 68.8 | -1,299 | -43.6 | -23.7 | 76 | 30 | 81 |
| Operating Margin | 4.51% | 3.15% | 3.16% | -11.64% | -1.32% | -3.82% | 1.98% | -45.4% | -1.54% | -1.18% | 2.83% | 1.2% | 2.78% |
| Earnings before Tax (EBT) 1 | 149 | 128.4 | 209.3 | -175.8 | -180.3 | -146.5 | 29.7 | -1,367 | -109.1 | -79.9 | 26 | -20 | 31 |
| Net income 1 | 114.9 | 109.8 | 191 | -87.1 | -179.6 | -117.9 | 21.8 | -1,309 | -159.7 | -67.6 | 18 | -17 | 22 |
| Net margin | 3.29% | 3.53% | 4.89% | -2.8% | -5.43% | -4.5% | 0.63% | -45.73% | -5.65% | -3.37% | 0.67% | -0.68% | 0.75% |
| EPS | 0.9200 | 0.8900 | - | -0.6200 | - | -0.6600 | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 1/28/22 | 4/27/22 | 7/20/22 | 10/27/22 | 1/27/23 | 4/27/23 | 7/20/23 | 10/26/23 | 1/26/24 | 4/25/24 | - | - | - |
1SEK in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 548 | 2,465 | 2,251 | 1,543 | 2,187 | 2,276 | 2,014 | 1,946 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.173 x | 2.731 x | 2.038 x | 1.897 x | 3.777 x | 3.695 x | 3.057 x | 2.78 x |
| Free Cash Flow 1 | 293 | 901 | -217 | -304 | 1,366 | 84.3 | 386 | 411 |
| ROE (net income / shareholders' equity) | 6.21% | 14.6% | 12.1% | 9.25% | -2.03% | 0.4% | 2.33% | 2% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 26.90 | 26.00 | 43.10 | 42.50 | 35.40 | 35.10 | 36.00 | 35.60 |
| Cash Flow per Share 2 | - | - | -0.1900 | -0.7700 | 8.650 | 1.300 | 3.100 | 3.500 |
| Capex 1 | 98 | 93.6 | 194 | 199 | 185 | 141 | 172 | 210 |
| Capex / Sales | 1.58% | 1.04% | 1.53% | 1.48% | 1.56% | 1.4% | 1.5% | 1.8% |
| Announcement Date | 1/31/20 | 1/29/21 | 1/28/22 | 1/27/23 | 1/26/24 | - | - | - |
1SEK in Million2SEK
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
18.51
SEK
Average target price
17
SEK
Spread / Average Target
-8.16%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +39.40% | 307M | |
| +2.58% | 193B | |
| -5.21% | 193B | |
| +48.84% | 96.69B | |
| +7.15% | 85.37B | |
| -25.51% | 74.78B | |
| +11.02% | 52.3B | |
| +19.44% | 26.39B | |
| +26.13% | 11.21B | |
| -7.66% | 8.89B |
- Stock Market
- Equities
- BHG Stock
- Financials BHG Group AB
