TROAX GROUP AB |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 220 SEK | +3.53% |
|
-4.56% | -11.15% |
| Apr. 22 | Troax Group AB Elects Marie Landfors as Board Member | CI |
| Apr. 22 | Troax Group AB Approves Dividend, Payable on May 2, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 692.4 | 1,141 | 2,712 | 981.2 | 1,333 | 1,125 | - | - |
| Enterprise Value (EV) 1 | 741.5 | 1,194 | 2,764 | 1,019 | 1,386 | 1,163 | 1,145 | 1,106 |
| P/E ratio | 28.1 x | 48.9 x | 68.6 x | 26.9 x | 37.1 x | 29.8 x | 24.2 x | 19.8 x |
| Yield | 1.65% | 1.05% | 0.66% | 1.95% | 1.53% | 1.81% | 2.06% | 2.38% |
| Capitalization / Revenue | 4.12 x | 6.98 x | 10.7 x | 3.45 x | 5.04 x | 3.88 x | 3.54 x | 3.18 x |
| EV / Revenue | 4.41 x | 7.3 x | 11 x | 3.59 x | 5.25 x | 4.01 x | 3.6 x | 3.13 x |
| EV / EBITDA | 19.1 x | 31 x | 44.4 x | 16.7 x | 22.3 x | 17.8 x | 15.3 x | 13.2 x |
| EV / FCF | 37.3 x | 104 x | 157 x | 28.7 x | 151 x | 32.5 x | 28.1 x | 23.9 x |
| FCF Yield | 2.68% | 0.96% | 0.64% | 3.48% | 0.66% | 3.08% | 3.56% | 4.18% |
| Price to Book | 7.23 x | 10 x | 19 x | 6.35 x | 7.74 x | 5.94 x | 5.24 x | 4.52 x |
| Nbr of stocks (in thousands) | 60,000 | 59,867 | 59,867 | 59,867 | 59,945 | 59,845 | - | - |
| Reference price 2 | 11.54 | 19.07 | 45.30 | 16.39 | 22.24 | 18.80 | 18.80 | 18.80 |
| Announcement Date | 2/10/20 | 2/11/21 | 2/4/22 | 2/10/23 | 2/9/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 168 | 163.6 | 252.3 | 284.1 | 264.3 | 290.2 | 317.8 | 353.3 |
| EBITDA 1 | 38.9 | 38.5 | 62.3 | 61.2 | 62.2 | 65.2 | 74.79 | 84.07 |
| EBIT 1 | 32.9 | 30.8 | 52.4 | 49.6 | 50 | 52.19 | 61.49 | 71.17 |
| Operating Margin | 19.58% | 18.83% | 20.77% | 17.46% | 18.92% | 17.99% | 19.35% | 20.14% |
| Earnings before Tax (EBT) 1 | 32 | 30.1 | 51.4 | 48.2 | 47.4 | 49.87 | 61.15 | 74 |
| Net income 1 | 24.3 | 23.2 | 39.7 | 36.8 | 35.8 | 37.81 | 46.58 | 57 |
| Net margin | 14.46% | 14.18% | 15.74% | 12.95% | 13.55% | 13.03% | 14.66% | 16.13% |
| EPS 2 | 0.4100 | 0.3900 | 0.6600 | 0.6100 | 0.6000 | 0.6300 | 0.7767 | 0.9500 |
| Free Cash Flow 1 | 19.9 | 11.5 | 17.6 | 35.5 | 9.2 | 35.83 | 40.73 | 46.23 |
| FCF margin | 11.85% | 7.03% | 6.98% | 12.5% | 3.48% | 12.35% | 12.82% | 13.08% |
| FCF Conversion (EBITDA) | 51.16% | 29.87% | 28.25% | 58.01% | 14.79% | 54.96% | 54.46% | 55% |
| FCF Conversion (Net income) | 81.89% | 49.57% | 44.33% | 96.47% | 25.7% | 94.77% | 87.45% | 81.11% |
| Dividend per Share 2 | 0.1900 | 0.2000 | 0.3000 | 0.3200 | 0.3400 | 0.3400 | 0.3875 | 0.4467 |
| Announcement Date | 2/10/20 | 2/11/21 | 2/4/22 | 2/10/23 | 2/9/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 71.3 | 65.3 | 67.8 | 68.5 | 61.4 | 66.6 | 76.4 | 74.2 | 80.2 |
| EBITDA 1 | - | - | 13.8 | 15.2 | 15.4 | 15.4 | 16.2 | 17.2 | 17.3 | 19 |
| EBIT 1 | - | - | 10.5 | 12.2 | 12.6 | 12.3 | 12.9 | 13.9 | 14 | 15.7 |
| Operating Margin | - | - | 16.08% | 17.99% | 18.39% | 20.03% | 19.37% | 18.19% | 18.87% | 19.58% |
| Earnings before Tax (EBT) 1 | - | - | 9.8 | 11.6 | 12 | 11.6 | 12.2 | 13.7 | 14 | 15.7 |
| Net income 1 | - | - | 7.1 | 8.9 | 9.1 | 8.9 | 8.9 | 10.7 | 10.9 | 12.2 |
| Net margin | - | - | 10.87% | 13.13% | 13.28% | 14.5% | 13.36% | 14.01% | 14.69% | 15.21% |
| EPS 2 | 0.1400 | - | 0.1200 | 0.1500 | 0.1500 | 0.1500 | 0.1500 | 0.1800 | 0.1800 | 0.2000 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/4/22 | 10/25/22 | 2/10/23 | 4/26/23 | 8/16/23 | 10/24/23 | 2/9/24 | - | - | - |
1EUR in Million2EUR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 49.1 | 52.6 | 52.1 | 38.2 | 53.4 | 38.5 | 20.2 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | 19.2 |
| Leverage (Debt/EBITDA) | 1.262 x | 1.366 x | 0.8363 x | 0.6242 x | 0.8585 x | 0.5901 x | 0.2703 x | - |
| Free Cash Flow 1 | 19.9 | 11.5 | 17.6 | 35.5 | 9.2 | 35.8 | 40.7 | 46.2 |
| ROE (net income / shareholders' equity) | 27.3% | 22.1% | 30.9% | 24.7% | 21.9% | 21.8% | 22.8% | 24.2% |
| ROA (Net income/ Total Assets) | - | - | - | 12.7% | 11.7% | - | - | - |
| Assets 1 | - | - | - | 290.1 | 307.1 | - | - | - |
| Book Value Per Share 2 | 1.600 | 1.900 | 2.380 | 2.580 | 2.870 | 3.160 | 3.590 | 4.160 |
| Cash Flow per Share 2 | - | - | - | 0.8300 | 0.8400 | 0.6900 | 0.8600 | 0.9800 |
| Capex 1 | 9.1 | 14.8 | 14.1 | 14.4 | 12.4 | 11.8 | 14.5 | 15.4 |
| Capex / Sales | 5.42% | 9.05% | 5.59% | 5.07% | 4.67% | 4.06% | 4.56% | 4.37% |
| Announcement Date | 2/10/20 | 2/11/21 | 2/4/22 | 2/10/23 | 2/9/24 | - | - | - |
1EUR in Million2EUR
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
C
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
18.8
EUR
Average target price
22.66
EUR
Spread / Average Target
+20.57%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -11.15% | 1.2B | |
| +11.73% | 82.35B | |
| +20.17% | 71.09B | |
| +20.89% | 37.73B | |
| +15.77% | 32.01B | |
| +9.19% | 27.2B | |
| +3.18% | 26.74B | |
| +4.22% | 26B | |
| +14.02% | 25.5B | |
| +17.14% | 24.76B |
- Stock Market
- Equities
- TROAX Stock
- Financials Troax Group AB
