Financials Investor AB

Equities

INVE A

SE0015811955

Investment Holding Companies

Market Closed - Nasdaq Stockholm 11:29:49 2024-04-19 am EDT 5-day change 1st Jan Change
260.4 SEK -0.19% Intraday chart for Investor AB +0.42% +12.48%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 389,734 458,189 711,166 584,130 712,637 798,877 - -
Enterprise Value (EV) 1 441,416 478,001 725,657 594,393 726,575 806,577 806,577 806,577
P/E ratio 3.83 x 8.67 x 3.21 x - - - - -
Yield 2.76% 2.34% 1.68% 2.27% 2.07% 1.97% 2.13% 2.28%
Capitalization / Revenue 9.23 x 11.7 x 17.5 x 11.3 x 9.92 x 10.4 x 10.7 x 10.9 x
EV / Revenue 10.5 x 12.2 x 17.8 x 11.5 x 10.1 x 10.5 x 10.8 x 11 x
EV / EBITDA 52.8 x 53.8 x 80.7 x 55 x 41.3 x 42.2 x 39.5 x -
EV / FCF 35,455,091 x 58,406,772 x 69,394,389 x - - - - -
FCF Yield 0% 0% 0% - - - - -
Price to Book - - 1.07 x 0.98 x - - - -
Nbr of stocks (in thousands) 3,061,024 3,062,209 3,063,178 3,062,872 3,062,660 3,063,350 - -
Reference price 2 126.6 149.4 238.6 193.8 231.5 260.4 260.4 260.4
Announcement Date 1/22/20 1/21/21 1/21/22 1/20/23 1/19/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 42,239 39,323 40,737 51,812 71,862 76,740 75,011 73,065
EBITDA 1 8,358 8,879 8,997 10,802 17,577 19,109 20,401 -
EBIT 1 3,409 4,469 3,972 5,110 132,744 56,096 54,148 51,895
Operating Margin 8.07% 11.36% 9.75% 9.86% 184.72% 73.1% 72.19% 71.03%
Earnings before Tax (EBT) 102,650 - - - - - - -
Net income 1 101,226 52,790 228,065 -74,681 127,045 50,064 48,145 45,926
Net margin 239.65% 134.25% 559.85% -144.14% 176.79% 65.24% 64.18% 62.86%
EPS 33.05 17.23 74.41 - - - - -
Free Cash Flow 12,450 8,184 10,457 - - - - -
FCF margin 29.48% 20.81% 25.67% - - - - -
FCF Conversion (EBITDA) 148.96% 92.17% 116.23% - - - - -
FCF Conversion (Net income) 12.3% 15.5% 4.59% - - - - -
Dividend per Share 2 3.500 3.500 4.000 4.400 4.800 5.140 5.550 5.940
Announcement Date 1/22/20 1/21/21 1/21/22 1/20/23 1/19/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2
Net sales 1 14,168 16,998 17,789 - 19,022 18,001 18,947
EBITDA 1 2,872 4,012 4,407 - 4,483 4,486 4,734
EBIT - - - - - - -
Operating Margin - - - - - - -
Earnings before Tax (EBT) - - - - - - -
Net income - - - -11,090 - - -
Net margin - - - - - - -
EPS - - - -3.620 - - -
Dividend per Share - - - - - - -
Announcement Date 1/20/23 4/21/23 7/17/23 10/19/23 1/19/24 4/18/24 -
1SEK in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 51,682 19,812 14,491 10,263 13,938 7,700 7,700 7,700
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 6.184 x 2.231 x 1.611 x 0.9501 x 0.793 x 0.403 x 0.3774 x -
Free Cash Flow 12,450 8,184 10,457 - - - - -
ROE (net income / shareholders' equity) 27.1% 12% 39.9% 1.26% 19.2% 6.98% 6.72% 6.41%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share - - 223.0 197.0 - - - -
Cash Flow per Share - - - - - - - -
Capex 2,090 2,786 3,799 - - - - -
Capex / Sales 4.95% 7.08% 9.33% - - - - -
Announcement Date 1/22/20 1/21/21 1/21/22 1/20/23 1/19/24 - - -
1SEK in Million
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
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
260.4 SEK
Average target price
267.6 SEK
Spread / Average Target
+2.76%
Consensus

Quarterly revenue - Rate of surprise