Financials OEM International AB (publ) Nasdaq Stockholm

Equities

OEM B

SE0015810577

Diversified Industrial Goods Wholesale

Market Closed - Nasdaq Stockholm 11:29:32 2024-04-26 am EDT 5-day change 1st Jan Change
104 SEK +4.73% Intraday chart for OEM International AB (publ) +6.56% -1.33%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,402 5,777 7,140 12,852 10,024 14,613
Enterprise Value (EV) 1 4,514 5,909 6,868 12,798 10,292 14,528
P/E ratio 17.7 x 20 x 22.5 x 28.1 x 17.4 x 24.1 x
Yield 3.54% - 2.43% 1.48% 2.07% 1.66%
Capitalization / Revenue 1.41 x 1.75 x 2.18 x 3.41 x 2.12 x 2.84 x
EV / Revenue 1.45 x 1.79 x 2.09 x 3.39 x 2.18 x 2.82 x
EV / EBITDA 12.4 x 14.7 x 16.1 x 21.1 x 13.1 x 17.4 x
EV / FCF 36.8 x 38 x 17.9 x 86.6 x 139 x 25.8 x
FCF Yield 2.72% 2.63% 5.6% 1.15% 0.72% 3.87%
Price to Book 4.75 x 5.42 x 5.23 x 9.35 x 6.31 x 7.34 x
Nbr of stocks (in thousands) 138,645 138,645 138,645 138,645 138,645 138,645
Reference price 2 31.75 41.67 51.50 92.70 72.30 105.4
Announcement Date 3/19/19 3/17/20 3/19/21 3/23/22 3/17/23 3/22/24
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,112 3,299 3,283 3,774 4,731 5,145
EBITDA 1 365.1 403.3 427.8 606.9 784.1 833.4
EBIT 1 317.9 370.9 393.5 574.3 734.2 781.1
Operating Margin 10.22% 11.24% 11.99% 15.22% 15.52% 15.18%
Earnings before Tax (EBT) 1 317.5 367.2 400.9 575.9 724.1 769.9
Net income 1 248.3 289 317.3 457 575.7 607.2
Net margin 7.98% 8.76% 9.67% 12.11% 12.17% 11.8%
EPS 2 1.791 2.084 2.289 3.296 4.152 4.380
Free Cash Flow 1 122.7 155.5 384.5 147.8 73.86 562.9
FCF margin 3.94% 4.71% 11.71% 3.92% 1.56% 10.94%
FCF Conversion (EBITDA) 33.61% 38.56% 89.87% 24.35% 9.42% 67.54%
FCF Conversion (Net income) 49.42% 53.81% 121.17% 32.33% 12.83% 92.7%
Dividend per Share 2 1.125 - 1.250 1.375 1.500 1.750
Announcement Date 3/19/19 3/17/20 3/19/21 3/23/22 3/17/23 3/22/24
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 112 132 - - 268 -
Net Cash position 1 - - 273 54.1 - 85.1
Leverage (Debt/EBITDA) 0.3073 x 0.3273 x - - 0.3422 x -
Free Cash Flow 1 123 156 384 148 73.9 563
ROE (net income / shareholders' equity) 28.7% 29% 26.1% 33.4% 38.9% 33.9%
ROA (Net income/ Total Assets) 13% 14.1% 13.2% 17.7% 18.9% 17%
Assets 1 1,903 2,050 2,397 2,575 3,047 3,567
Book Value Per Share 2 6.680 7.690 9.850 9.910 11.50 14.40
Cash Flow per Share 2 0.2800 0.3000 2.710 1.040 0.7900 1.680
Capex 1 38.4 66.8 8.8 50.9 18.6 45.8
Capex / Sales 1.23% 2.03% 0.27% 1.35% 0.39% 0.89%
Announcement Date 3/19/19 3/17/20 3/19/21 3/23/22 3/17/23 3/22/24
1SEK in Million2SEK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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