HANZA AB |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 62.25 SEK | +2.72% |
|
-0.32% | -26.96% |
| May. 14 | Hanza AB Approves Election of Taina Horgan as Board Member | CI |
| May. 14 | Hanza AB Approves Dividend for the Year 2023 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 531.8 | 474 | 2,304 | 2,007 | 3,684 | 2,646 | - | - |
| Enterprise Value (EV) 1 | 966.2 | 814.1 | 2,907 | 2,007 | 4,047 | 3,319 | 3,382 | 3,017 |
| P/E ratio | 21.4 x | -349 x | 28.5 x | 15.5 x | 16.1 x | 14.1 x | 9.33 x | 7.97 x |
| Yield | - | 1.79% | 0.78% | - | 1.41% | 2.04% | 2.97% | 3.87% |
| Capitalization / Revenue | 0.26 x | 0.22 x | 0.92 x | 0.57 x | 0.89 x | 0.51 x | 0.46 x | 0.43 x |
| EV / Revenue | 0.47 x | 0.38 x | 1.16 x | 0.57 x | 0.98 x | 0.64 x | 0.59 x | 0.49 x |
| EV / EBITDA | 6.48 x | 5.87 x | 12.5 x | 6.36 x | 8.72 x | 6.55 x | 5.31 x | 4.28 x |
| EV / FCF | 13.5 x | 6.49 x | -48.8 x | - | - | 302 x | 13.8 x | 9.13 x |
| FCF Yield | 7.4% | 15.4% | -2.05% | - | - | 0.33% | 7.24% | 11% |
| Price to Book | 0.94 x | 1 x | 3.89 x | - | 2.56 x | 1.7 x | 1.47 x | 1.24 x |
| Nbr of stocks (in thousands) | 33,980 | 33,980 | 35,780 | 39,280 | 43,189 | 43,659 | - | - |
| Reference price 2 | 15.65 | 13.95 | 64.40 | 51.10 | 85.30 | 60.60 | 60.60 | 60.60 |
| Announcement Date | 2/18/20 | 2/16/21 | 2/15/22 | 2/14/23 | 2/13/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,068 | 2,155 | 2,515 | 3,549 | 4,143 | 5,187 | 5,720 | 6,180 |
| EBITDA 1 | 149 | 138.6 | 232.1 | 315.7 | 464 | 507.1 | 636.7 | 705.1 |
| EBIT 1 | 56.8 | 31.3 | 127.5 | 193.3 | 327 | 333.8 | 446 | 511.6 |
| Operating Margin | 2.75% | 1.45% | 5.07% | 5.45% | 7.89% | 6.44% | 7.8% | 8.28% |
| Earnings before Tax (EBT) 1 | 32.3 | 8.9 | 99.7 | 143 | 247 | 224.5 | 349 | 415.1 |
| Net income 1 | 23.6 | -1.4 | 80.1 | 121.3 | 214 | 193.5 | 284.4 | 333.9 |
| Net margin | 1.14% | -0.06% | 3.18% | 3.42% | 5.17% | 3.73% | 4.97% | 5.4% |
| EPS 2 | 0.7300 | -0.0400 | 2.260 | 3.300 | 5.310 | 4.292 | 6.497 | 7.606 |
| Free Cash Flow 1 | 71.5 | 125.4 | -59.6 | - | - | 11 | 245 | 330.5 |
| FCF margin | 3.46% | 5.82% | -2.37% | - | - | 0.21% | 4.28% | 5.35% |
| FCF Conversion (EBITDA) | 47.99% | 90.48% | - | - | - | 2.17% | 38.48% | 46.87% |
| FCF Conversion (Net income) | 302.97% | - | - | - | - | 5.68% | 86.15% | 98.99% |
| Dividend per Share 2 | - | 0.2500 | 0.5000 | - | 1.200 | 1.233 | 1.800 | 2.345 |
| Announcement Date | 2/18/20 | 2/16/21 | 2/15/22 | 2/14/23 | 2/13/24 | - | - | - |
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 | 717 | 824 | 885.8 | 838.4 | 1,001 | 1,065 | 1,068 | 955 | 1,056 | 1,253 | 1,292 | 1,247 | 1,391 | - | - |
| EBITDA 1 | 67.4 | 66.4 | 82.3 | - | - | 117 | 121 | 119 | 108 | 104 | 118.2 | 131.4 | 153.6 | - | - |
| EBIT 1 | 38.9 | 36.9 | 53.1 | 45.9 | 57.4 | 84 | 88 | 85 | 71 | 61 | 77.33 | 90.18 | 105.6 | - | - |
| Operating Margin | 5.43% | 4.48% | 5.99% | 5.47% | 5.73% | 7.89% | 8.24% | 8.9% | 6.72% | 4.87% | 5.98% | 7.23% | 7.59% | - | - |
| Earnings before Tax (EBT) 1 | 31.6 | 25.3 | 40.2 | - | - | 70 | 72 | 58 | 48 | 35 | 53.61 | 68.99 | 87.72 | 97.85 | 100.8 |
| Net income 1 | 25.1 | 19.2 | 36.2 | - | - | 59 | 60 | 49 | 47 | 34 | 43.63 | 56.54 | 69.8 | 81.22 | 83.7 |
| Net margin | 3.5% | 2.33% | 4.09% | - | - | 5.54% | 5.62% | 5.13% | 4.45% | 2.71% | 3.38% | 4.54% | 5.02% | - | - |
| EPS 2 | 0.7000 | 0.5400 | 1.010 | 0.7200 | 1.040 | 1.470 | 1.490 | 1.210 | 1.150 | 0.7700 | 0.9010 | 1.158 | 1.458 | 1.826 | 1.881 |
| Dividend per Share | - | - | - | - | - | - | - | - | 1.200 | - | - | - | - | - | - |
| Announcement Date | 2/15/22 | 5/3/22 | 7/26/22 | 11/8/22 | 2/14/23 | 5/3/23 | 7/25/23 | 11/7/23 | 2/13/24 | 5/7/24 | - | - | - | - | - |
1SEK in Million2SEK
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 434 | 340 | 603 | - | 363 | 673 | 737 | 372 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.915 x | 2.454 x | 2.597 x | - | 0.7823 x | 1.328 x | 1.157 x | 0.5271 x |
| Free Cash Flow 1 | 71.5 | 125 | -59.6 | - | - | 11 | 245 | 331 |
| ROE (net income / shareholders' equity) | 8.13% | 4.28% | 15.1% | - | 19.1% | 14.5% | 18% | 18.7% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 16.60 | 14.00 | 16.50 | - | 33.30 | 35.60 | 41.30 | 48.80 |
| Cash Flow per Share | - | 5.350 | - | - | - | - | - | - |
| Capex 1 | 50.5 | 56.4 | 141 | - | 246 | 183 | 256 | 275 |
| Capex / Sales | 2.44% | 2.62% | 5.61% | - | 5.94% | 3.53% | 4.47% | 4.45% |
| Announcement Date | 2/18/20 | 2/16/21 | 2/15/22 | 2/14/23 | 2/13/24 | - | - | - |
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
1
Last Close Price
60.6
SEK
Average target price
80
SEK
Spread / Average Target
+32.01%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -28.96% | 250M | |
| +13.80% | 108B | |
| -4.96% | 29.57B | |
| +5.38% | 20.93B | |
| -11.78% | 18.67B | |
| +15.85% | 16.28B | |
| -13.22% | 16.03B | |
| +10.90% | 13.57B | |
| -1.88% | 10.8B | |
| +2.22% | 8.44B |
- Stock Market
- Equities
- HANZA Stock
- Financials Hanza AB
