Financials Hanza AB

Equities

HANZA

SE0005878543

Electronic Equipment & Parts

Market Closed - Nasdaq Stockholm 11:29:43 2024-04-26 am EDT 5-day change 1st Jan Change
57.9 SEK +2.03% Intraday chart for Hanza AB -1.53% -32.12%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 531.8 474 2,304 2,007 3,684 2,528 - -
Enterprise Value (EV) 1 966.2 814.1 2,907 2,007 4,047 3,135 3,241 2,972
P/E ratio 21.4 x -349 x 28.5 x 15.5 x 16.1 x 10.2 x 7.65 x 6.23 x
Yield - 1.79% 0.78% - 1.41% 2.39% 3.26% 4.29%
Capitalization / Revenue 0.26 x 0.22 x 0.92 x 0.57 x 0.89 x 0.47 x 0.43 x 0.39 x
EV / Revenue 0.47 x 0.38 x 1.16 x 0.57 x 0.98 x 0.58 x 0.55 x 0.46 x
EV / EBITDA 6.48 x 5.87 x 12.5 x 6.36 x 8.72 x 5.57 x 4.82 x 3.97 x
EV / FCF 13.5 x 6.49 x -48.8 x - - 27.1 x 13.4 x 10.4 x
FCF Yield 7.4% 15.4% -2.05% - - 3.68% 7.44% 9.57%
Price to Book 0.94 x 1 x 3.89 x - - 1.62 x 1.39 x 1.16 x
Nbr of stocks (in thousands) 33,980 33,980 35,780 39,280 43,189 43,659 - -
Reference price 2 15.65 13.95 64.40 51.10 85.30 57.90 57.90 57.90
Announcement Date 2/18/20 2/16/21 2/15/22 2/14/23 2/13/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,068 2,155 2,515 3,549 4,143 5,383 5,927 6,430
EBITDA 1 149 138.6 232.1 315.7 464 562.5 672.1 748.2
EBIT 1 56.8 31.3 127.5 193.3 327 388.2 478.5 555.8
Operating Margin 2.75% 1.45% 5.07% 5.45% 7.89% 7.21% 8.07% 8.64%
Earnings before Tax (EBT) 1 32.3 8.9 99.7 143 247 303.5 406.7 502
Net income 1 23.6 -1.4 80.1 121.3 214 247.5 330.9 407.1
Net margin 1.14% -0.06% 3.18% 3.42% 5.17% 4.6% 5.58% 6.33%
EPS 2 0.7300 -0.0400 2.260 3.300 5.310 5.665 7.564 9.299
Free Cash Flow 1 71.5 125.4 -59.6 - - 115.5 241 284.5
FCF margin 3.46% 5.82% -2.37% - - 2.15% 4.07% 4.42%
FCF Conversion (EBITDA) 47.99% 90.48% - - - 20.53% 35.86% 38.02%
FCF Conversion (Net income) 302.97% - - - - 46.66% 72.83% 69.88%
Dividend per Share 2 - 0.2500 0.5000 - 1.200 1.382 1.888 2.485
Announcement Date 2/18/20 2/16/21 2/15/22 2/14/23 2/13/24 - - -
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 2025 Q1
Net sales 1 597 717 824 885.8 838.4 1,001 1,065 1,068 955 1,056 1,348 1,355 1,277 1,421 -
EBITDA 1 59.3 67.4 66.4 82.3 - - 117 121 119 108 126.3 142.6 142.8 162.9 -
EBIT 1 33.4 38.9 36.9 53.1 45.9 57.4 84 88 85 71 86.54 98.08 96.5 114.3 -
Operating Margin 5.59% 5.43% 4.48% 5.99% 5.47% 5.73% 7.89% 8.24% 8.9% 6.72% 6.42% 7.24% 7.56% 8.04% -
Earnings before Tax (EBT) 1 25.6 31.6 25.3 40.2 - - 70 72 58 48 62.03 75.25 73.76 92.78 107.2
Net income 1 19.9 25.1 19.2 36.2 - - 59 60 49 47 52.36 62.89 61.91 78.08 88.96
Net margin 3.33% 3.5% 2.33% 4.09% - - 5.54% 5.62% 5.13% 4.45% 3.88% 4.64% 4.85% 5.5% -
EPS 2 0.5500 0.7000 0.5400 1.010 0.7200 1.040 1.470 1.490 1.210 1.150 1.328 1.510 1.478 1.826 2.000
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 11/9/21 2/15/22 5/3/22 7/26/22 11/8/22 2/14/23 5/3/23 7/25/23 11/7/23 2/13/24 - - - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 434 340 603 - 363 607 713 445
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.915 x 2.454 x 2.597 x - 0.7823 x 1.078 x 1.061 x 0.5942 x
Free Cash Flow 1 71.5 125 -59.6 - - 116 241 285
ROE (net income / shareholders' equity) 8.13% 4.28% 15.1% - - 15.9% 18.6% 19.5%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 16.60 14.00 16.50 - - 35.70 41.70 50.10
Cash Flow per Share - 5.350 - - - - - -
Capex 1 50.5 56.4 141 - - 214 507 712
Capex / Sales 2.44% 2.62% 5.61% - - 3.98% 8.55% 11.07%
Announcement Date 2/18/20 2/16/21 2/15/22 2/14/23 2/13/24 - - -
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
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
57.9 SEK
Average target price
90 SEK
Spread / Average Target
+55.44%
Consensus