VOLATI AB |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 99 SEK | -0.10% |
|
-13.01% | -10.81% |
| Apr. 24 | Transcript : Volati AB, Q1 2024 Earnings Call, Apr 24, 2024 | |
| Apr. 24 | Volati AB Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,248 | 8,227 | 17,986 | 6,924 | 8,814 | 7,861 | - | - |
| Enterprise Value (EV) 1 | 4,893 | 8,440 | 19,519 | 9,077 | 11,044 | 7,861 | 10,481 | 7,861 |
| P/E ratio | 315 x | 9.11 x | 41.8 x | 19.6 x | 30.2 x | 30 x | 18.5 x | 16 x |
| Yield | 2.69% | 1.16% | 0.75% | 2.06% | 1.71% | 0.67% | 1.68% | 1.25% |
| Capitalization / Revenue | 0.48 x | 1.23 x | 2.85 x | 0.89 x | 1.13 x | 0.96 x | 0.9 x | 0.84 x |
| EV / Revenue | 0.48 x | 1.23 x | 2.85 x | 0.89 x | 1.13 x | 0.96 x | 0.9 x | 0.84 x |
| EV / EBITDA | 3,572,861 x | 10,093,891 x | 20,696,881 x | 7,242,945 x | 8,822,955 x | - | 7,051,400 x | - |
| EV / FCF | 4.9 x | 9.17 x | 46.6 x | 17.1 x | - | 18.3 x | 12.9 x | 10.7 x |
| FCF Yield | 20.4% | 10.9% | 2.15% | 5.83% | - | 5.46% | 7.73% | 9.39% |
| Price to Book | 2.12 x | 2.56 x | 9.61 x | 3.27 x | 4.01 x | 3.49 x | 3.58 x | 2.71 x |
| Nbr of stocks (in thousands) | 79,407 | 79,407 | 79,407 | 79,407 | 79,407 | 79,407 | - | - |
| Reference price 2 | 40.90 | 103.6 | 226.5 | 87.20 | 111.0 | 99.00 | 99.00 | 99.00 |
| Announcement Date | 2/20/20 | 2/19/21 | 2/11/22 | 2/10/23 | 2/9/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 6,833 | 6,696 | 6,309 | 7,751 | 7,796 | 8,171 | 8,753 | 9,356 |
| EBITDA | 909 | 815 | 869 | 956 | 999 | - | 1,115 | - |
| EBIT 1 | 130 | 437 | 620 | 624 | 636 | 588.3 | 770.5 | 864.6 |
| Operating Margin | 1.9% | 6.53% | 9.83% | 8.05% | 8.16% | 7.2% | 8.8% | 9.24% |
| Earnings before Tax (EBT) 1 | 34 | 340 | 566 | 553 | 483 | 426.6 | 645.5 | 735.8 |
| Net income 1 | 10 | 903 | 496 | 417 | 356 | 261.7 | 424.1 | 491.8 |
| Net margin | 0.15% | 13.49% | 7.86% | 5.38% | 4.57% | 3.2% | 4.85% | 5.26% |
| EPS 2 | 0.1300 | 11.37 | 5.420 | 4.440 | 3.680 | 3.295 | 5.341 | 6.193 |
| Free Cash Flow 1 | 663 | 897 | 386 | 404 | - | 429 | 608 | 738 |
| FCF margin | 9.7% | 13.4% | 6.12% | 5.21% | - | 5.25% | 6.95% | 7.89% |
| FCF Conversion (EBITDA) | 72.94% | 110.06% | 44.42% | 42.26% | - | - | 54.54% | - |
| FCF Conversion (Net income) | 6,630% | 99.34% | 77.82% | 96.88% | - | 163.94% | 143.37% | 150.06% |
| Dividend per Share 2 | 1.100 | 1.200 | 1.700 | 1.800 | 1.900 | 0.6591 | 1.662 | 1.239 |
| Announcement Date | 2/20/20 | 2/19/21 | 2/11/22 | 2/10/23 | 2/9/24 | - | - | - |
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 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 1,722 | 1,665 | 2,180 | 1,977 | 1,930 | 1,890 | 2,251 | 1,847 | - | - | - | - |
| EBITDA | 215 | 161 | 290 | 266 | 239 | 223 | 315 | 258 | 162 | - | - | - |
| EBIT 1 | 143 | 86 | 204 | 180 | - | 135 | 224 | 167 | 62 | 182 | 178 | 166 |
| Operating Margin | 8.3% | 5.17% | 9.36% | 9.1% | - | 7.14% | 9.95% | 9.04% | - | - | - | - |
| Earnings before Tax (EBT) 1 | 132 | 76 | 192 | 160 | - | 94 | - | 128 | 24 | 142 | 136 | 124 |
| Net income | 99 | - | - | - | - | - | - | - | - | - | - | - |
| Net margin | 5.75% | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | 0.4200 | - | 1.300 | 1.080 | 0.6900 | 1.670 | - | 0.0200 | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/11/22 | 4/26/22 | 7/18/22 | 10/25/22 | 2/10/23 | 4/25/23 | 7/17/23 | 10/25/23 | 4/24/24 | - | - | - |
1SEK in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | 1,645 | 213 | 1,533 | 2,153 | 2,230 | - | 2,620 | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.81 x | 0.2613 x | 1.764 x | 2.252 x | 2.232 x | - | 2.35 x | - |
| Free Cash Flow 1 | 663 | 897 | 386 | 404 | - | 429 | 608 | 738 |
| ROE (net income / shareholders' equity) | 0.41% | 33.3% | 17.7% | 20.9% | 17% | 11.8% | 21.2% | 18% |
| ROA (Net income/ Total Assets) | 0.17% | 14.7% | 7.44% | 6.78% | 5.38% | 3.96% | 6.19% | 6.7% |
| Assets 1 | 5,865 | 6,160 | 6,668 | 6,155 | 6,619 | 6,606 | 6,851 | 7,342 |
| Book Value Per Share 2 | 19.30 | 40.50 | 23.60 | 26.70 | 27.70 | 28.40 | 27.70 | 36.60 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 98 | 59 | 74 | 79 | 96 | 88.2 | 95.6 | 88.2 |
| Capex / Sales | 1.43% | 0.88% | 1.17% | 1.02% | 1.23% | 1.08% | 1.09% | 0.94% |
| Announcement Date | 2/20/20 | 2/19/21 | 2/11/22 | 2/10/23 | 2/9/24 | - | - | - |
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
C+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
99
SEK
Average target price
133.5
SEK
Spread / Average Target
+34.85%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -10.81% | 717M | |
| +11.85% | 869B | |
| 0.00% | 239B | |
| +27.20% | 178B | |
| -7.75% | 126B | |
| +32.50% | 79.32B | |
| -5.21% | 74.17B | |
| -16.00% | 50.82B | |
| -24.57% | 38.6B | |
| +19.71% | 31.74B |
- Stock Market
- Equities
- VOLO Stock
- Financials Volati AB
