Financials Sectra AB

Equities

SECT B

SE0020539310

Advanced Medical Equipment & Technology

Market Closed - Nasdaq Stockholm 11:29:38 2024-04-26 am EDT 5-day change 1st Jan Change
221.6 SEK +2.12% Intraday chart for Sectra AB +6.64% +22.93%

Valuation

Fiscal Period: Abril 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 12,350 16,173 23,308 24,169 31,157 42,695 - -
Enterprise Value (EV) 1 12,024 15,889 22,903 23,385 30,332 41,804 41,736 41,469
P/E ratio 62.3 x 68.2 x 84.6 x 76.6 x 82.9 x 105 x 86.9 x 73.9 x
Yield 1.4% 1.07% 0.74% 0.8% 0.68% 0.56% 0.65% 0.68%
Capitalization / Revenue 8.74 x 9.74 x 14.3 x 12.4 x 13.3 x 15.2 x 13.2 x 11 x
EV / Revenue 8.51 x 9.57 x 14 x 12 x 12.9 x 14.9 x 12.9 x 10.7 x
EV / EBITDA 42.6 x 42.5 x 52.9 x 50.3 x 55.4 x 68.7 x 56.9 x 48.6 x
EV / FCF 55,240,990 x 72,707,365 x 75,205,981 x 43,101,566 x 94,470,733 x - - -
FCF Yield 0% 0% 0% 0% 0% - - -
Price to Book 17 x 19.8 x 26 x 22.2 x 24 x 28.6 x 24.4 x 20.5 x
Nbr of stocks (in thousands) 191,764 192,530 192,627 193,662 192,685 192,667 - -
Reference price 2 64.40 84.00 121.0 124.8 161.7 221.6 221.6 221.6
Announcement Date 5/28/19 6/3/20 6/2/21 6/3/22 6/2/23 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: April 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,414 1,661 1,632 1,949 2,351 2,810 3,242 3,871
EBITDA 1 282.4 373.6 433.2 464.6 547.6 608.3 733.5 852.8
EBIT 1 235.5 295.3 350.1 383.4 455.7 504.9 619.2 735.5
Operating Margin 16.66% 17.78% 21.45% 19.67% 19.38% 17.97% 19.1% 19%
Earnings before Tax (EBT) 1 248.8 303 348.2 394.5 479.4 521.4 630.8 743.8
Net income 1 199 237.4 275.5 314.8 375 405.1 490.2 577.9
Net margin 14.08% 14.29% 16.88% 16.15% 15.95% 14.42% 15.12% 14.93%
EPS 2 1.034 1.232 1.430 1.630 1.950 2.115 2.550 3.000
Free Cash Flow 217.7 218.5 304.5 542.5 321.1 - - -
FCF margin 15.4% 13.16% 18.66% 27.84% 13.66% - - -
FCF Conversion (EBITDA) 77.09% 58.49% 70.3% 116.78% 58.63% - - -
FCF Conversion (Net income) 109.39% 92.07% 110.53% 172.35% 85.63% - - -
Dividend per Share 2 0.9000 0.9000 0.9000 1.000 1.100 1.250 1.435 1.500
Announcement Date 5/28/19 6/3/20 6/2/21 6/3/22 6/2/23 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: April 2022 Q2 2022 Q3 2022 Q4
Net sales 1 418.2 476.2 649
EBITDA 1 102.7 89.74 162.9
EBIT 1 83.71 68.44 141.1
Operating Margin 20.02% 14.37% 21.75%
Earnings before Tax (EBT) 1 83.95 77.04 141.4
Net income 1 66.34 62.88 112.5
Net margin 15.86% 13.21% 17.33%
EPS 0.3400 0.3300 -
Dividend per Share - - -
Announcement Date 12/10/21 3/9/22 6/3/22
1SEK in Million
Estimates

Balance Sheet Analysis

Fiscal Period: April 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 325 284 405 784 825 891 960 1,226
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 218 219 305 543 321 - - -
ROE (net income / shareholders' equity) 29.8% 30.7% 32.2% 31.9% 31.5% 29.1% 30.3% 30.2%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 3.800 4.240 4.650 5.610 6.730 7.740 9.090 10.80
Cash Flow per Share - - - - - - - -
Capex 1 33 33 67.7 74.4 92.8 200 45 49.5
Capex / Sales 2.34% 1.98% 4.14% 3.82% 3.95% 7.12% 1.39% 1.28%
Announcement Date 5/28/19 6/3/20 6/2/21 6/3/22 6/2/23 - - -
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
UNDERPERFORM
Number of Analysts
2
Last Close Price
221.6 SEK
Average target price
150 SEK
Spread / Average Target
-32.31%
Consensus

Annual profits - Rate of surprise