Financials Inission AB

Equities

INISS B

SE0016275069

Electronic Equipment & Parts

Market Closed - Nasdaq Stockholm 10:47:42 2024-05-23 am EDT 5-day change 1st Jan Change
53.6 SEK -0.37% Intraday chart for Inission AB +2.29% +8.94%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 543.4 672.3 610.2 637.6 1,089 1,186 - -
Enterprise Value (EV) 1 641.1 671.7 741.6 1,084 1,441 1,636 1,555 1,478
P/E ratio 14.7 x 21.7 x -68.8 x 12.5 x 11 x 11.2 x 10.3 x 9.06 x
Yield 1.8% - 0.89% - 1.42% 2.68% 2.92% 3.31%
Capitalization / Revenue 0.55 x 0.63 x 0.61 x 0.33 x 0.5 x 0.51 x 0.48 x 0.46 x
EV / Revenue 0.65 x 0.63 x 0.74 x 0.56 x 0.66 x 0.7 x 0.63 x 0.57 x
EV / EBITDA 8.39 x 8.91 x 10.8 x 6.38 x 5.92 x 6.49 x 5.58 x 4.82 x
EV / FCF 8.33 x 11.8 x -28.5 x 40.1 x 25.8 x 29.8 x 8.27 x 7.78 x
FCF Yield 12% 8.49% -3.51% 2.5% 3.88% 3.36% 12.1% 12.9%
Price to Book 3.84 x 2.5 x 2.31 x 1.46 x 1.74 x 1.69 x 1.51 x 1.35 x
Nbr of stocks (in thousands) 14,687 18,008 18,106 19,925 22,136 22,136 - -
Reference price 2 37.00 37.33 33.70 32.00 49.20 53.80 53.80 53.80
Announcement Date 2/26/20 2/25/21 2/24/22 3/1/23 2/28/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 980 1,059 1,003 1,921 2,195 2,348 2,477 2,601
EBITDA 1 76.38 75.39 68.82 169.8 243.5 252 279 307
EBIT 1 61.15 50.55 44.2 87.46 159 167 180 199
Operating Margin 6.24% 4.77% 4.41% 4.55% 7.24% 7.11% 7.27% 7.65%
Earnings before Tax (EBT) 1 47.96 38.05 0.25 63.29 115.8 132 146 166
Net income 1 37.24 27.2 -8.901 56.15 95.11 106 116 131
Net margin 3.8% 2.57% -0.89% 2.92% 4.33% 4.51% 4.68% 5.04%
EPS 2 2.517 1.717 -0.4900 2.570 4.460 4.790 5.220 5.940
Free Cash Flow 1 76.93 57.05 -26.01 27.05 55.9 55 188 190
FCF margin 7.85% 5.39% -2.59% 1.41% 2.55% 2.34% 7.59% 7.3%
FCF Conversion (EBITDA) 100.72% 75.67% - 15.93% 22.95% 21.83% 67.38% 61.89%
FCF Conversion (Net income) 206.59% 209.74% - 48.17% 58.77% 51.89% 162.07% 145.04%
Dividend per Share 2 0.6667 - 0.3000 - 0.7000 1.440 1.570 1.780
Announcement Date 2/26/20 2/25/21 2/24/22 3/1/23 2/28/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 287.3 329.3 347.1 589.1 565.1 561.9 514.5 553.6 581.1 597 544 626
EBITDA 1 18.12 27.19 25.07 40.68 64.93 61.78 62.95 53.88 72.19 61 62 57
EBIT 1 11.7 19.7 17.1 26.66 43.97 40.35 44.35 30.33 51.04 40 41 36
Operating Margin 4.07% 5.98% 4.93% 4.53% 7.78% 7.18% 8.62% 5.48% 8.78% 6.7% 7.54% 5.75%
Earnings before Tax (EBT) 1 -14.96 16.18 11.69 - 34.26 31.2 33.16 17.18 45.22 30 31 26
Net income 1 -17.87 11.41 8.526 15.69 29.09 25 27.71 13.32 36.54 24 26 20
Net margin -6.22% 3.46% 2.46% 2.66% 5.15% 4.45% 5.38% 2.41% 6.29% 4.02% 4.78% 3.19%
EPS 2 -0.9900 0.6400 0.4700 1.910 1.430 1.210 1.380 0.6000 1.650 1.080 1.150 0.9000
Dividend per Share - - - - - - - - - - - -
Announcement Date 2/24/22 5/5/22 8/19/22 3/1/23 5/4/23 8/17/23 11/9/23 2/28/24 5/8/24 - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 97.7 - 131 446 352 450 369 292
Net Cash position 1 - 0.61 - - - - - -
Leverage (Debt/EBITDA) 1.279 x - 1.91 x 2.629 x 1.446 x 1.786 x 1.323 x 0.9511 x
Free Cash Flow 1 76.9 57 -26 27 55.9 55 188 190
ROE (net income / shareholders' equity) 29.6% 13.3% -3.34% 16.2% 18.5% 16.2% 15.5% 15.7%
ROA (Net income/ Total Assets) 7.77% 5.44% -1.48% - - - - -
Assets 1 479.2 499.6 601.8 - - - - -
Book Value Per Share 2 9.620 14.90 14.60 21.90 28.30 31.80 35.60 39.90
Cash Flow per Share - - - - - - - -
Capex 1 8.7 25.7 16.6 25.1 45 52 25 26
Capex / Sales 0.89% 2.42% 1.65% 1.31% 2.05% 2.21% 1.01% 1%
Announcement Date 2/26/20 2/25/21 2/24/22 3/1/23 2/28/24 - - -
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
D+
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