Financials Peab AB

Equities

PEAB B

SE0000106205

Construction & Engineering

Market Closed - Nasdaq Stockholm 11:29:46 2024-04-26 am EDT 5-day change 1st Jan Change
63.7 SEK +2.66% Intraday chart for Peab AB +3.16% +11.56%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 27,653 26,447 33,689 16,988 16,416 18,311 - -
Enterprise Value (EV) 1 35,160 36,129 44,204 33,669 16,416 26,812 30,083 30,205
P/E ratio 13.2 x 8.31 x 14.2 x 9.43 x 8.25 x 13.8 x 12.2 x 10.6 x
Yield 4.48% 5.02% 4.38% 6.77% - 3.43% 4.28% 4.92%
Capitalization / Revenue 0.51 x 0.44 x 0.57 x 0.27 x 0.28 x 0.33 x 0.32 x 0.3 x
EV / Revenue 0.65 x 0.6 x 0.75 x 0.53 x 0.28 x 0.48 x 0.52 x 0.5 x
EV / EBITDA 9.18 x 6.77 x 9.96 x 8.23 x 4.85 x 7.61 x 8.06 x 7.41 x
EV / FCF -18.8 x 5.65 x 35.3 x -10.7 x - 6.69 x -307 x 95.9 x
FCF Yield -5.33% 17.7% 2.84% -9.38% - 14.9% -0.33% 1.04%
Price to Book 2.25 x 2.13 x 2.46 x 1.23 x - 1.2 x 1.13 x 1.05 x
Nbr of stocks (in thousands) 294,963 295,000 295,000 287,452 287,500 287,452 - -
Reference price 2 93.75 89.65 114.2 59.10 57.10 63.70 63.70 63.70
Announcement Date 2/5/20 2/4/21 2/4/22 2/3/23 2/2/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 54,008 59,852 58,923 63,135 58,821 55,733 57,572 61,008
EBITDA 1 3,828 5,334 4,439 4,090 3,385 3,523 3,732 4,079
EBIT 1 2,568 3,922 3,098 2,741 1,853 2,004 2,204 2,514
Operating Margin 4.75% 6.55% 5.26% 4.34% 3.15% 3.6% 3.83% 4.12%
Earnings before Tax (EBT) 1 2,510 3,745 2,902 2,440 2,586 1,647 1,878 2,180
Net income 1 2,092 3,182 2,377 1,832 1,988 1,331 1,503 1,734
Net margin 3.87% 5.32% 4.03% 2.9% 3.38% 2.39% 2.61% 2.84%
EPS 2 7.090 10.79 8.060 6.270 6.920 4.631 5.227 6.032
Free Cash Flow 1 -1,873 6,394 1,254 -3,159 - 4,006 -98 315
FCF margin -3.47% 10.68% 2.13% -5% - 7.19% -0.17% 0.52%
FCF Conversion (EBITDA) - 119.87% 28.25% - - 113.7% - 7.72%
FCF Conversion (Net income) - 200.94% 52.76% - - 300.91% - 18.17%
Dividend per Share 2 4.200 4.500 5.000 4.000 - 2.188 2.725 3.133
Announcement Date 2/5/20 2/4/21 2/4/22 2/3/23 2/2/24 - - -
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 15,488 - 12,137 16,458 16,197 17,048 12,690 16,098 15,159 15,639 11,392 15,074 14,833 14,628 11,006
EBITDA 1 1,385 - 300 1,213 1,329 1,218 187 - 1,144 615 20 947 1,069 1,014 40
EBIT 1 1,025 - 10 885 916 853 -156 1,090 786 133 -178 654.5 787.5 757.5 -251
Operating Margin 6.62% - 0.08% 5.38% 5.66% 5% -1.23% 6.77% 5.19% 0.85% -1.56% 4.34% 5.31% 5.18% -2.28%
Earnings before Tax (EBT) 1 1,006 1,291 -35 761 874 840 -45 1,503 769 359 -289 554.5 697.5 667.5 -371
Net income 1 780 - -28 590 711 559 -35 1,189 623 211 -206 443.5 552 528.5 -294
Net margin 5.04% - -0.23% 3.58% 4.39% 3.28% -0.28% 7.39% 4.11% 1.35% -1.81% 2.94% 3.72% 3.61% -2.67%
EPS 2 2.650 3.800 -0.1000 2.010 2.430 1.930 -0.1200 4.130 2.170 0.7400 -0.7050 1.530 1.905 1.840 -1.020
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 10/27/21 2/4/22 5/5/22 7/15/22 10/28/22 2/3/23 5/4/23 7/14/23 10/27/23 2/2/24 - - - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 7,507 9,682 10,515 16,681 - 8,501 11,772 11,894
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.961 x 1.815 x 2.369 x 4.078 x - 2.413 x 3.154 x 2.916 x
Free Cash Flow 1 -1,873 6,394 1,254 -3,159 - 4,006 -98 315
ROE (net income / shareholders' equity) 17.9% 23.1% 18.5% 14% - 8.98% 9.56% 10.4%
ROA (Net income/ Total Assets) 5.5% 7.41% 5.32% 3.73% - 2.69% 2.78% 3.08%
Assets 1 38,023 42,926 44,667 49,118 - 49,536 54,069 56,217
Book Value Per Share 2 41.60 42.20 46.40 47.90 - 53.10 56.10 60.90
Cash Flow per Share 2 - - - - - 12.10 10.50 12.80
Capex 1 1,925 1,299 1,564 1,603 - 1,362 1,353 1,430
Capex / Sales 3.56% 2.17% 2.65% 2.54% - 2.44% 2.35% 2.34%
Announcement Date 2/5/20 2/4/21 2/4/22 2/3/23 2/2/24 - - -
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
HOLD
Number of Analysts
4
Last Close Price
63.7 SEK
Average target price
57.67 SEK
Spread / Average Target
-9.47%
Consensus