Financials Nolato AB

Equities

NOLA B

SE0015962477

Specialty Chemicals

Market Closed - Nasdaq Stockholm 11:29:54 2024-04-26 am EDT 5-day change 1st Jan Change
53.9 SEK +1.99% Intraday chart for Nolato AB +0.65% +1.89%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 14,601 22,251 29,066 14,721 14,250 14,519 - -
Enterprise Value (EV) 1 14,458 23,181 29,659 15,916 15,666 15,812 15,639 15,347
P/E ratio 20.7 x 27.5 x 25 x 21.1 x 32.9 x 23.3 x 19.2 x 16.6 x
Yield - 1.92% 1.76% 3.48% 2.84% 3.11% 3.57% 3.91%
Capitalization / Revenue 1.84 x 2.38 x 2.5 x 1.37 x 1.49 x 1.5 x 1.39 x 1.3 x
EV / Revenue 1.83 x 2.48 x 2.55 x 1.48 x 1.64 x 1.63 x 1.5 x 1.38 x
EV / EBITDA 11.4 x 15.9 x 16.4 x 11.3 x 12.5 x 10.9 x 9.71 x 8.69 x
EV / FCF 18.1 x 29.3 x 65.6 x - - 57.8 x 26.4 x 19.6 x
FCF Yield 5.53% 3.41% 1.52% - - 1.73% 3.78% 5.1%
Price to Book 4.91 x 6.03 x 6.1 x 2.73 x 2.76 x 2.69 x 2.55 x 2.44 x
Nbr of stocks (in thousands) 265,480 267,442 269,377 269,377 269,377 269,377 - -
Reference price 2 55.00 83.20 107.9 54.65 52.90 53.90 53.90 53.90
Announcement Date 2/10/20 2/10/21 2/7/22 2/8/23 2/6/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 7,919 9,359 11,610 10,774 9,546 9,708 10,421 11,152
EBITDA 1 1,263 1,456 1,805 1,411 1,253 1,445 1,611 1,766
EBIT 1 887 1,048 1,333 867 657 844.1 1,006 1,155
Operating Margin 11.2% 11.2% 11.48% 8.05% 6.88% 8.69% 9.65% 10.36%
Earnings before Tax (EBT) 1 857 1,014 1,401 875 616 792.1 964.2 1,112
Net income 1 703 806 1,160 697 435 623 755.5 874.3
Net margin 8.88% 8.61% 9.99% 6.47% 4.56% 6.42% 7.25% 7.84%
EPS 2 2.660 3.024 4.320 2.590 1.610 2.311 2.804 3.243
Free Cash Flow 1 800 791 452 - - 273.7 591.3 782
FCF margin 10.1% 8.45% 3.89% - - 2.82% 5.67% 7.01%
FCF Conversion (EBITDA) 63.34% 54.33% 25.04% - - 18.94% 36.7% 44.28%
FCF Conversion (Net income) 113.8% 98.14% 38.97% - - 43.93% 78.27% 89.45%
Dividend per Share 2 - 1.600 1.900 1.900 1.500 1.675 1.925 2.107
Announcement Date 2/10/20 2/10/21 2/7/22 2/8/23 2/6/24 - - -
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 3,033 3,146 2,879 2,905 2,626 2,364 2,476 2,478 2,340 2,252 2,375 2,491 2,480 2,465 2,697
EBITDA 1 450 449 386 386 343 296 326 333 336 318 337.3 369.7 384 386.7 433
EBIT 1 331 326 258 252 205 152 183 186 183 165 189.7 218.7 232 235.3 268
Operating Margin 10.91% 10.36% 8.96% 8.67% 7.81% 6.43% 7.39% 7.51% 7.82% 7.33% 7.98% 8.78% 9.36% 9.55% 9.94%
Earnings before Tax (EBT) 1 322 433 251 241 197 186 173 192 102 149 174 206.5 226 229 259
Net income 1 257 386 201 190 160 146 136 155 69 75 140.5 161.5 174 176.5 201
Net margin 8.47% 12.27% 6.98% 6.54% 6.09% 6.18% 5.49% 6.26% 2.95% 3.33% 5.91% 6.48% 7.02% 7.16% 7.45%
EPS 2 0.9500 1.430 0.7500 0.7100 0.5900 0.5400 0.5000 0.5800 0.2600 0.2800 0.5050 0.6000 0.6350 0.6850 0.7500
Dividend per Share 2 - - - - - - - - - - - 1.500 - - -
Announcement Date 10/28/21 2/7/22 5/3/22 7/20/22 10/27/22 2/8/23 5/3/23 7/20/23 10/26/23 2/6/24 - - - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 930 593 1,195 1,416 1,293 1,120 827
Net Cash position 1 143 - - - - - - -
Leverage (Debt/EBITDA) - 0.6387 x 0.3285 x 0.8469 x 1.13 x 0.8944 x 0.6949 x 0.4685 x
Free Cash Flow 1 800 791 452 - - 274 591 782
ROE (net income / shareholders' equity) 25.5% 25.5% 28% 13.6% 8.1% 11.8% 13.6% 14.7%
ROA (Net income/ Total Assets) 49.8% 10.9% 12.5% 6.95% 5.65% 7.02% 8.32% 9%
Assets 1 1,411 7,409 9,268 10,031 7,705 8,872 9,085 9,714
Book Value Per Share 2 11.20 13.80 17.70 20.00 19.20 20.00 21.10 22.10
Cash Flow per Share - - - - - - - -
Capex 1 453 347 776 - - 703 632 551
Capex / Sales 5.72% 3.71% 6.68% - - 7.24% 6.06% 4.94%
Announcement Date 2/10/20 2/10/21 2/7/22 2/8/23 2/6/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
53.9 SEK
Average target price
54 SEK
Spread / Average Target
+0.19%
Consensus