CONCENTRIC AB |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 188.8 SEK | +2.05% |
|
-0.63% | +5.12% |
| Apr. 18 | Concentric AB Approves Election of Frida Norrbom Sams and Mark Williamson as Board Members | CI |
| Apr. 18 | Concentric AB Approves Dividend, Payable on April 25, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 6,046 | 6,938 | 10,658 | 7,414 | 6,677 | 7,009 | - | - |
| Enterprise Value (EV) 1 | 5,601 | 6,562 | 10,658 | 8,339 | 7,294 | 7,329 | 6,976 | 6,569 |
| P/E ratio | 19.2 x | 33.8 x | - | 14.8 x | 16.3 x | 17.5 x | 15.1 x | 13.7 x |
| Yield | - | 1.91% | 1.33% | 2.05% | 2.37% | 2.38% | 2.52% | 2.65% |
| Capitalization / Revenue | 3.01 x | 4.62 x | 5.04 x | 1.83 x | 1.59 x | 1.83 x | 1.75 x | 1.67 x |
| EV / Revenue | 2.78 x | 4.37 x | 5.04 x | 2.06 x | 1.73 x | 1.91 x | 1.74 x | 1.57 x |
| EV / EBITDA | 9.81 x | 17.5 x | 19.7 x | 9.74 x | 9.28 x | 9.77 x | 8.44 x | 7.41 x |
| EV / FCF | 15.3 x | 20.1 x | 44.6 x | 17.9 x | 14 x | 14.4 x | 13.4 x | 11.2 x |
| FCF Yield | 6.55% | 4.98% | 2.24% | 5.6% | 7.14% | 6.95% | 7.47% | 8.92% |
| Price to Book | 5.28 x | 6.5 x | - | 3.58 x | 3.08 x | 2.98 x | 2.65 x | 2.35 x |
| Nbr of stocks (in thousands) | 38,027 | 37,870 | 37,930 | 37,980 | 37,179 | 37,122 | - | - |
| Reference price 2 | 159.0 | 183.2 | 281.0 | 195.2 | 179.6 | 188.8 | 188.8 | 188.8 |
| Announcement Date | 2/4/20 | 2/9/21 | 2/16/22 | 2/8/23 | 2/7/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,012 | 1,502 | 2,115 | 4,056 | 4,205 | 3,840 | 4,006 | 4,193 |
| EBITDA 1 | 571 | 376 | 541 | 856 | 786 | 750 | 827 | 887 |
| EBIT 1 | 472 | 291 | 443 | 668 | 617 | 573 | 642 | 694 |
| Operating Margin | 23.46% | 19.37% | 20.95% | 16.47% | 14.67% | 14.92% | 16.03% | 16.55% |
| Earnings before Tax (EBT) 1 | 453 | 256 | - | 634 | 526 | 532 | 610 | 674 |
| Net income 1 | 321 | 205 | - | 501 | 417 | 409 | 470 | 519 |
| Net margin | 15.95% | 13.65% | - | 12.35% | 9.92% | 10.65% | 11.73% | 12.38% |
| EPS 2 | 8.270 | 5.420 | - | 13.20 | 11.00 | 10.80 | 12.50 | 13.80 |
| Free Cash Flow 1 | 367 | 327 | 239 | 467 | 521 | 509 | 521 | 586 |
| FCF margin | 18.24% | 21.77% | 11.3% | 11.51% | 12.39% | 13.26% | 13.01% | 13.98% |
| FCF Conversion (EBITDA) | 64.27% | 86.97% | 44.18% | 54.56% | 66.28% | 67.87% | 63% | 66.07% |
| FCF Conversion (Net income) | 114.33% | 159.51% | - | 93.21% | 124.94% | 124.45% | 110.85% | 112.91% |
| Dividend per Share 2 | - | 3.500 | 3.750 | 4.000 | 4.250 | 4.500 | 4.750 | 5.000 |
| Announcement Date | 2/4/20 | 2/9/21 | 2/16/22 | 2/8/23 | 2/7/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 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 | 515 | - | 934 | 1,021 | 1,068 | 1,033 | 1,127 | 1,098 | 1,035 | 945 | 922 | 990 | 945 | 983 |
| EBITDA 1 | 135 | 162 | 211 | 210 | - | 220 | 229 | 222 | 183 | 152 | 175 | 198 | 189 | 187 |
| EBIT 1 | 114 | 127 | 166 | 164 | 166 | 172 | 181 | 175 | 146 | 115 | 130 | 154 | 145 | 143 |
| Operating Margin | 22.14% | - | 17.77% | 16.06% | 15.54% | 16.65% | 16.06% | 15.94% | 14.11% | 12.17% | 14.1% | 15.56% | 15.34% | 14.55% |
| Earnings before Tax (EBT) 1 | 110 | - | 155 | 153 | 165 | 161 | 159 | 156 | 120 | - | 118 | 144 | 135 | 134 |
| Net income 1 | 91 | - | 130 | 134 | 126 | 111 | 121 | 120 | 89 | - | 91 | 111 | 104 | 103 |
| Net margin | 17.67% | - | 13.92% | 13.12% | 11.8% | 10.75% | 10.74% | 10.93% | 8.6% | - | 9.87% | 11.21% | 11.01% | 10.48% |
| EPS | 2.390 | - | 3.410 | 3.530 | 3.320 | - | 3.180 | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/3/21 | 2/16/22 | 5/4/22 | 7/26/22 | 11/3/22 | 2/8/23 | 5/3/23 | 7/26/23 | 11/8/23 | 2/7/24 | - | - | - | - |
1SEK in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | 925 | 617 | 320 | - | - |
| Net Cash position 1 | 445 | 376 | - | - | - | - | 32.5 | 440 |
| Leverage (Debt/EBITDA) | - | - | - | 1.081 x | 0.785 x | 0.4267 x | - | - |
| Free Cash Flow 1 | 367 | 327 | 239 | 467 | 521 | 509 | 521 | 586 |
| ROE (net income / shareholders' equity) | - | 19.6% | - | 26.6% | 18.9% | 18% | 18.6% | 18.2% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 30.10 | 28.20 | - | 54.50 | 58.30 | 63.30 | 71.30 | 80.40 |
| Cash Flow per Share 2 | 9.940 | 8.900 | 6.840 | 14.00 | 16.40 | 16.20 | 17.10 | 18.60 |
| Capex 1 | 19 | 10 | 21 | 62 | 94 | 106 | 120 | 112 |
| Capex / Sales | 0.94% | 0.67% | 0.99% | 1.53% | 2.24% | 2.76% | 3% | 2.67% |
| Announcement Date | 2/4/20 | 2/9/21 | 2/16/22 | 2/8/23 | 2/7/24 | - | - | - |
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
BUY
Number of Analysts
1
Last Close Price
188.8
SEK
Average target price
183
SEK
Spread / Average Target
-3.07%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +5.12% | 639M | |
| +11.73% | 82.35B | |
| +20.17% | 71.09B | |
| +20.89% | 37.72B | |
| +15.77% | 32.01B | |
| +9.19% | 27.2B | |
| +3.18% | 26.74B | |
| +4.22% | 26B | |
| +16.93% | 25.5B | |
| +17.14% | 24.76B |
- Stock Market
- Equities
- COIC Stock
- Financials Concentric AB
