Financials Netcompany Group A/S

Equities

NETC

DK0060952919

IT Services & Consulting

Market Closed - Nasdaq Copenhagen 10:59:47 2024-04-26 am EDT 5-day change 1st Jan Change
253.2 DKK -0.31% Intraday chart for Netcompany Group A/S -0.31% +12.23%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 15,565 30,565 34,640 14,458 11,182 12,429 - -
Enterprise Value (EV) 1 16,495 31,024 36,778 16,307 12,468 14,128 13,921 13,915
P/E ratio 40.2 x 95.3 x 60.7 x 24.2 x 37 x 23.6 x 17.5 x 15.1 x
Yield - 0.16% 0.14% - - - - -
Capitalization / Revenue 6.34 x 10.8 x 9.56 x 2.61 x 1.84 x 1.87 x 1.69 x 1.54 x
EV / Revenue 6.72 x 10.9 x 10.2 x 2.94 x 2.05 x 2.12 x 1.89 x 1.72 x
EV / EBITDA 24.5 x 38.3 x 41.7 x 14.7 x 13.8 x 12.5 x 10.3 x 9.07 x
EV / FCF 37.9 x 55.7 x 90.1 x 27.1 x 22.4 x 21.4 x 16.2 x 13.8 x
FCF Yield 2.64% 1.8% 1.11% 3.7% 4.47% 4.67% 6.16% 7.26%
Price to Book 7.51 x 12.6 x 11.4 x 4.17 x 2.95 x 3.1 x 2.85 x 2.5 x
Nbr of stocks (in thousands) 49,100 49,100 49,170 49,143 49,567 49,087 - -
Reference price 2 317.0 622.5 704.5 294.2 225.6 253.2 253.2 253.2
Announcement Date 2/6/20 1/28/21 1/25/22 1/25/23 1/25/24 - - -
1DKK in Million2DKK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,454 2,839 3,623 5,545 6,078 6,649 7,372 8,086
EBITDA 1 673.6 809.4 881.1 1,106 901.2 1,128 1,347 1,534
EBIT 1 515.7 644.9 703.8 839.4 578.5 775 1,008 1,204
Operating Margin 21.02% 22.72% 19.43% 15.14% 9.52% 11.66% 13.67% 14.89%
Earnings before Tax (EBT) 1 497.3 451.7 727.6 756.5 432.3 668.6 906.3 1,058
Net income 1 388.5 321.9 574.3 603.4 303.5 544.6 727.3 866
Net margin 15.83% 11.34% 15.85% 10.88% 4.99% 8.19% 9.86% 10.71%
EPS 2 7.890 6.530 11.60 12.15 6.090 10.71 14.44 16.78
Free Cash Flow 1 435.8 557 408 602.7 556.7 660 857.5 1,010
FCF margin 17.76% 19.62% 11.26% 10.87% 9.16% 9.93% 11.63% 12.49%
FCF Conversion (EBITDA) 64.69% 68.82% 46.31% 54.48% 61.77% 58.52% 63.65% 65.84%
FCF Conversion (Net income) 112.16% 173.03% 71.04% 99.89% 183.43% 121.19% 117.91% 116.63%
Dividend per Share 2 - 1.018 1.000 - - - - -
Announcement Date 2/6/20 1/28/21 1/25/22 1/25/23 1/25/24 - - -
1DKK in Million2DKK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 1,371 798 1,152 1,372 1,306 1,348 1,519 1,540 1,494 - 1,462 1,583 1,597 1,636 1,642 1,800
EBITDA 1 - 221.1 238.4 259.4 188.7 308.9 348.9 242.1 195.1 - 219.9 244.1 232 257.4 274.5 339.6
EBIT 1 274.8 160.9 178.1 194.6 123.2 240.1 281.6 163.3 110.3 - 138.5 166.4 148 150 200 279
Operating Margin 20.04% 20.16% 15.46% 14.19% 9.43% 17.81% 18.53% 10.6% 7.38% - 9.48% 10.51% 9.27% 9.17% 12.18% 15.5%
Earnings before Tax (EBT) - 149.2 188.7 178.2 - 221.4 256.4 131 73.8 - 100.6 126.9 - - - -
Net income 1 - 108.6 153.8 133.4 84.65 169.7 215.6 103.3 55.2 158 80 65.2 95 95 135 178
Net margin - 13.6% 13.35% 9.73% 6.48% 12.59% 14.19% 6.71% 3.7% - 5.47% 4.12% 5.95% 5.81% 8.22% 9.89%
EPS 2 - 2.190 3.130 2.680 1.700 3.420 4.340 2.090 1.100 3.180 1.600 1.310 1.900 1.900 2.700 3.640
Dividend per Share - - - - - - - - - - - - - - - -
Announcement Date 8/20/20 11/4/21 1/25/22 5/5/22 8/11/22 11/3/22 1/25/23 5/4/23 8/16/23 8/16/23 11/2/23 1/25/24 - - - -
1DKK in Million2DKK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 930 459 2,138 1,850 1,286 1,700 1,493 1,487
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.381 x 0.567 x 2.427 x 1.672 x 1.427 x 1.507 x 1.108 x 0.9691 x
Free Cash Flow 1 436 557 408 603 557 660 858 1,010
ROE (net income / shareholders' equity) 20% 14.3% 21% 18.4% 8.3% 13.9% 17.5% 19.3%
ROA (Net income/ Total Assets) 10.8% 8.29% 10.3% 8.49% 3.95% 5.62% 6.63% 6.95%
Assets 1 3,607 3,883 5,580 7,107 7,677 9,698 10,969 12,456
Book Value Per Share 2 42.20 49.50 61.90 70.50 76.60 81.70 88.80 101.0
Cash Flow per Share 2 9.350 11.80 9.370 15.60 15.20 20.30 20.80 23.30
Capex 1 24.6 23.9 57.6 52.2 98.5 133 149 177
Capex / Sales 1% 0.84% 1.59% 0.94% 1.62% 1.99% 2.01% 2.19%
Announcement Date 2/6/20 1/28/21 1/25/22 1/25/23 1/25/24 - - -
1DKK in Million2DKK
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
253.2 DKK
Average target price
281.6 DKK
Spread / Average Target
+11.20%
Consensus
  1. Stock Market
  2. Equities
  3. NETC Stock
  4. Financials Netcompany Group A/S