Financials OX2 AB

Equities

OX2

SE0016075337

Renewable Energy Equipment & Services

Market Closed - Nasdaq Stockholm 12:00:00 2024-07-12 pm EDT 5-day change 1st Jan Change
59.5 SEK 0.00% Intraday chart for OX2 AB +0.08% +8.48%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 16,133 23,968 14,948 16,215 - -
Enterprise Value (EV) 1 13,787 20,650 12,148 13,037 11,732 9,738
P/E ratio 46.3 x 22.1 x 14.5 x 14.6 x 9.88 x 7.31 x
Yield - - - - - -
Capitalization / Revenue 3.24 x 3.14 x 1.91 x 1.45 x 0.96 x 0.72 x
EV / Revenue 2.77 x 2.7 x 1.55 x 1.16 x 0.69 x 0.43 x
EV / EBITDA 29.2 x 18.2 x 11.4 x 10.1 x 6 x 3.73 x
EV / FCF -104 x 17.3 x 53.5 x 103 x 9.88 x 6.98 x
FCF Yield -0.96% 5.78% 1.87% 0.97% 10.1% 14.3%
Price to Book 6.58 x 7.01 x 3.29 x 2.84 x 2.22 x 1.66 x
Nbr of stocks (in thousands) 272,518 272,518 272,518 272,518 - -
Reference price 2 59.20 87.95 54.85 59.50 59.50 59.50
Announcement Date 2/23/22 2/22/23 2/21/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,201 4,983 7,644 7,824 11,208 16,966 22,491
EBITDA 1 - 472 1,136 1,062 1,289 1,954 2,609
EBIT 1 - 455 1,122 1,028 1,246 1,890 2,515
Operating Margin - 9.13% 14.68% 13.14% 11.12% 11.14% 11.18%
Earnings before Tax (EBT) 1 - 407 1,184 1,126 1,319 1,956 2,629
Net income 1 298.1 334 1,092 1,033 1,112 1,641 2,217
Net margin 5.73% 6.7% 14.29% 13.2% 9.92% 9.67% 9.86%
EPS 2 - 1.280 3.980 3.790 4.082 6.021 8.135
Free Cash Flow 1 - -132 1,193 227 127 1,188 1,396
FCF margin - -2.65% 15.61% 2.9% 1.13% 7% 6.21%
FCF Conversion (EBITDA) - - 105.02% 21.37% 9.85% 60.77% 53.5%
FCF Conversion (Net income) - - 109.25% 21.97% 11.42% 72.37% 62.97%
Dividend per Share 2 - - - - - - -
Announcement Date 6/14/21 2/23/22 2/22/23 2/21/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 2025 Q2
Net sales 1 2,430 1,621 1,469 2,311 2,244 1,463 2,204 2,329 1,829 944 2,906 3,019 4,897 5,368 4,513
EBITDA 1 326 110 365 33 629 109 220 394 339 -103 328 375.4 750.2 592 451
EBIT 1 320 105 362 30 624 102 207 386 332 -110 312.6 359.7 721.9 552 417
Operating Margin 13.17% 6.48% 24.64% 1.3% 27.81% 6.97% 9.39% 16.57% 18.15% -11.65% 10.76% 11.92% 14.74% 10.28% 9.24%
Earnings before Tax (EBT) 1 306 - - 53 - 108 262 367 388 -76 387 381.4 550.9 574 435
Net income 1 236 111 - 44 633 99 251 356 324 -53 281.7 318.7 614 514 389
Net margin 9.71% 6.85% - 1.9% 28.21% 6.77% 11.39% 15.29% 17.71% -5.61% 9.69% 10.56% 12.54% 9.58% 8.62%
EPS 2 0.8700 - - 0.1600 2.300 0.3200 0.9000 1.320 1.190 -0.1900 1.035 1.171 2.255 1.880 1.430
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 2/23/22 4/27/22 7/29/22 10/27/22 2/22/23 4/28/23 7/21/23 10/25/23 2/21/24 4/25/24 - - - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - -
Net Cash position 1 - 2,346 3,318 2,800 3,178 4,482 6,476
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - -132 1,193 227 127 1,188 1,396
ROE (net income / shareholders' equity) - 23.6% 37.8% 25.9% 22.2% 26% 26.7%
ROA (Net income/ Total Assets) - - - 14.7% 14.1% 17.7% 16.6%
Assets 1 - - - 7,047 7,909 9,256 13,338
Book Value Per Share 2 - 9.000 12.60 16.70 20.90 26.80 35.90
Cash Flow per Share 2 - -0.5000 4.500 0.8400 3.660 5.990 7.330
Capex 1 - 424 33 2 931 1,075 1,200
Capex / Sales - 8.51% 0.43% 0.03% 8.3% 6.34% 5.34%
Announcement Date 6/14/21 2/23/22 2/22/23 2/21/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
59.5 SEK
Average target price
66.5 SEK
Spread / Average Target
+11.76%
Consensus