JETPAK TOP HOLDING AB |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 95 SEK | +3.26% |
|
+2.15% | +1.06% |
| Feb. 28 | Transcript : Jetpak Top Holding AB, Q4 2023 Earnings Call, Feb 28, 2024 | |
| Feb. 28 | Jetpak Top Holding AB Reports Earnings Results for the Fourth Quarter Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 534 | 774 | 866.4 | 1,224 | 1,341 | 1,158 | 1,158 | - |
| Enterprise Value (EV) 1 | 655.8 | 905.8 | 1,031 | 1,347 | 1,374 | 1,122 | 1,046 | 960.7 |
| P/E ratio | 39.4 x | 11.5 x | 19.6 x | 17.6 x | 15.4 x | 29.1 x | 11.8 x | 10.2 x |
| Yield | - | - | - | - | - | 3.89% | 4.24% | 4.9% |
| Capitalization / Revenue | 0.65 x | 0.9 x | 0.95 x | 1.19 x | 1.07 x | 0.97 x | 0.87 x | 0.83 x |
| EV / Revenue | 0.79 x | 1.05 x | 1.13 x | 1.3 x | 1.1 x | 0.95 x | 0.79 x | 0.69 x |
| EV / EBITDA | 8.57 x | 7.4 x | 9.8 x | 9.77 x | 8.64 x | 7.11 x | 6.09 x | 5.03 x |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 1 x | 1.26 x | 1.41 x | 1.71 x | 1.59 x | 1.33 x | 1.21 x | 1.13 x |
| Nbr of stocks (in thousands) | 12,000 | 12,000 | 12,000 | 12,000 | 12,188 | 12,188 | 12,188 | - |
| Reference price 2 | 44.50 | 64.50 | 72.20 | 102.0 | 110.0 | 95.00 | 95.00 | 95.00 |
| Announcement Date | 2/14/19 | 2/14/20 | 2/25/21 | 2/24/22 | 2/28/23 | 2/28/24 | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 826.7 | 864.5 | 912.4 | 1,033 | 1,253 | 1,184 | 1,330 | 1,397 |
| EBITDA 1 | 76.52 | 122.4 | 105.2 | 137.9 | 158.9 | 157.8 | 171.8 | 190.8 |
| EBIT 1 | 67.22 | 91.63 | 73.82 | 102.8 | 122.2 | 64.19 | 127.2 | 145.5 |
| Operating Margin | 8.13% | 10.6% | 8.09% | 9.95% | 9.75% | 5.42% | 9.56% | 10.42% |
| Earnings before Tax (EBT) 1 | 16.22 | 81.77 | 59.15 | 89.82 | 108 | 59.43 | 125.9 | 145.4 |
| Net income 1 | 13.61 | 67.2 | 44.3 | 70.21 | 86.92 | 39.38 | 98.2 | 113.4 |
| Net margin | 1.65% | 7.77% | 4.86% | 6.8% | 6.94% | 3.33% | 7.38% | 8.12% |
| EPS 2 | 1.130 | 5.600 | 3.690 | 5.800 | 7.130 | 3.230 | 8.057 | 9.308 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | 3.694 | 4.029 | 4.654 |
| Announcement Date | 2/14/19 | 2/14/20 | 2/25/21 | 2/24/22 | 2/28/23 | 2/28/24 | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q2 | 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 | 256.4 | 250.4 | 275.3 | 299.1 | 324.9 | 308.4 | 320.8 | 313.1 | 293.6 | 279.9 | 297.1 | 325.7 | 334.1 | 329.7 | 340.6 |
| EBITDA 1 | 33.97 | 32.48 | 40.82 | 39.74 | 41.82 | 39.32 | 38.04 | 40.61 | 42.87 | 31.96 | 42.37 | 40.99 | 43.75 | 42.51 | 44.52 |
| EBIT 1 | 24.79 | 24.41 | 31.7 | 30.23 | 32.14 | 30.72 | 29.13 | 30.68 | -18.79 | 20.88 | 31.43 | 29.89 | 32.31 | 31.77 | 33.22 |
| Operating Margin | 9.67% | 9.75% | 11.51% | 10.11% | 9.89% | 9.96% | 9.08% | 9.8% | -6.4% | 7.46% | 10.58% | 9.18% | 9.67% | 9.63% | 9.75% |
| Earnings before Tax (EBT) 1 | 21.53 | 21.27 | 28.28 | 27.51 | 28.74 | 27.01 | 24.76 | 30.88 | -18.92 | 19.25 | 28.21 | 29.29 | 31.27 | 31.95 | 33.39 |
| Net income 1 | 16.59 | 16.38 | 22.83 | 21.58 | 22.57 | 21.2 | 21.57 | 24.71 | -25.48 | 15.26 | 24.88 | 22.84 | 24.39 | 24.92 | 26.05 |
| Net margin | 6.47% | 6.54% | 8.29% | 7.22% | 6.95% | 6.87% | 6.72% | 7.89% | -8.68% | 5.45% | 8.37% | 7.01% | 7.3% | 7.56% | 7.65% |
| EPS 2 | 1.350 | 1.360 | 1.890 | 1.800 | 1.870 | 1.740 | 1.770 | 2.030 | -2.090 | 1.250 | 2.040 | 1.874 | 2.001 | 2.045 | 2.137 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/26/21 | 11/25/21 | 2/24/22 | 5/24/22 | 8/25/22 | 11/24/22 | 2/28/23 | 5/25/23 | 8/29/23 | 11/28/23 | 2/28/24 | - | - | - | - |
1SEK in Million2SEK
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 122 | 132 | 164 | 123 | 33 | - | - | - |
| Net Cash position 1 | - | - | - | - | - | 23.5 | 112 | 197 |
| Leverage (Debt/EBITDA) | 1.592 x | 1.078 x | 1.561 x | 0.8949 x | 0.2078 x | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | - | 11.7% | 7.21% | 10.6% | 11.1% | 4.62% | 10.8% | 11.5% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 44.70 | 51.20 | 51.20 | 59.60 | 69.20 | 70.60 | 78.60 | 83.90 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex | - | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - | - |
| Announcement Date | 2/14/19 | 2/14/20 | 2/25/21 | 2/24/22 | 2/28/23 | 2/28/24 | - | - |
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-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
95
SEK
Average target price
120
SEK
Spread / Average Target
+26.32%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +1.06% | 106M | |
| -10.05% | 24.29B | |
| +1.55% | 17.39B | |
| +14.84% | 16.32B | |
| +28.97% | 7.53B | |
| +14.93% | 2.34B | |
| -7.49% | 2.18B | |
| +18.49% | 1.92B | |
| -4.14% | 1.17B | |
| +27.94% | 665M |
- Stock Market
- Equities
- JETPAK Stock
- Financials Jetpak Top Holding AB
