SWEDISH LOGISTIC PROPERTY AB Financials Swedish Logistic Property AB
Equities
SLP B
SE0017565476
Real Estate Development & Operations
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 33 SEK | +1.85% |
|
-0.90% | +1.38% |
| May. 08 | Agartha to Sell Entire Swedish Logistic Property Stake | MT |
| May. 06 | SLP Reaches 70% Sustainable Financing Target Ahead of FY25 Schedule | MT |
Valuation
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 4,430 | 7,377 | 7,343 | - | - |
| Enterprise Value (EV) 1 | 8,548 | 11,597 | 12,147 | 12,458 | 13,079 |
| P/E ratio | 10.2 x | 21 x | 14.4 x | 16.7 x | 12.7 x |
| Yield | - | - | - | - | - |
| Capitalization / Revenue | 10.8 x | 12.6 x | 10.6 x | 9.1 x | 8.2 x |
| EV / Revenue | 20.8 x | 19.8 x | 17.5 x | 15.4 x | 14.6 x |
| EV / EBITDA | 28.5 x | 22.7 x | 20.8 x | 19.6 x | 18 x |
| EV / FCF | - | -141 x | -20.3 x | -27.3 x | -29.8 x |
| FCF Yield | - | -0.71% | -4.93% | -3.66% | -3.35% |
| Price to Book | 1.2 x | 1.43 x | 1.22 x | 1.08 x | 0.96 x |
| Nbr of stocks (in thousands) | 181,541 | 226,641 | 226,641 | - | - |
| Reference price 2 | 24.40 | 32.55 | 32.40 | 32.40 | 32.40 |
| Announcement Date | 2/16/23 | 2/15/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 411 | 585 | 695.6 | 806.7 | 895.6 |
| EBITDA 1 | - | 300 | 512 | 582.9 | 634.1 | 727.6 |
| EBIT 1 | - | 277 | 511 | 634.4 | 653.1 | 727.6 |
| Operating Margin | - | 67.4% | 87.35% | 91.2% | 80.97% | 81.24% |
| Earnings before Tax (EBT) 1 | - | 530 | 420 | 658.5 | 565.8 | 745 |
| Net income 1 | 752 | 419 | 308 | 510.5 | 441 | 580 |
| Net margin | - | 101.95% | 52.65% | 73.4% | 54.67% | 64.77% |
| EPS 2 | 1.060 | 2.400 | 1.550 | 2.255 | 1.944 | 2.560 |
| Free Cash Flow 1 | - | - | -82 | -598.5 | -456 | -438.7 |
| FCF margin | - | - | -14.02% | -86.04% | -56.53% | -48.99% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - |
| Announcement Date | 2/7/22 | 2/16/23 | 2/15/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 97 | 104 | 101 | 110 | 134 | 146 | 150 | 155 | 166 | 172.5 | 174.5 | 182.5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 68 | 78 | 78 | 79 | 103 | 118 | 125 | 132 | 132 | 139.6 | 147.8 | 140.8 |
| Operating Margin | 70.1% | 75% | 77.23% | 71.82% | 76.87% | 80.82% | 83.33% | 85.16% | 79.52% | 80.93% | 84.67% | 77.12% |
| Earnings before Tax (EBT) 1 | - | 176 | - | 71 | 60 | 109 | 198 | 54 | 207 | 147.1 | 155.2 | 148.8 |
| Net income 1 | 158 | 150 | 62 | 49 | 41 | 82 | 158 | 27 | 159 | 114.4 | 120.6 | 116 |
| Net margin | 162.89% | 144.23% | 61.39% | 44.55% | 30.6% | 56.16% | 105.33% | 17.42% | 95.78% | 66.29% | 69.08% | 63.59% |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 5/4/22 | 7/14/22 | 10/24/22 | 2/16/23 | 4/26/23 | 7/13/23 | 10/26/23 | 2/15/24 | 4/24/24 | - | - | - |
1SEK in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | 4,118 | 4,220 | 4,803 | 5,115 | 5,736 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 13.73 x | 8.242 x | 8.241 x | 8.067 x | 7.884 x |
| Free Cash Flow 1 | - | - | -82 | -599 | -456 | -439 |
| ROE (net income / shareholders' equity) | - | 13.5% | 6.9% | 9.16% | 7.21% | 8.19% |
| ROA (Net income/ Total Assets) | - | 5.52% | 3.17% | 5.32% | 5.27% | 5.22% |
| Assets 1 | - | 7,584 | 9,718 | 9,602 | 8,369 | 11,114 |
| Book Value Per Share 2 | - | 20.40 | 22.80 | 26.60 | 30.00 | 33.70 |
| Cash Flow per Share | - | - | - | - | - | - |
| Capex 1 | - | 346 | 465 | 774 | 303 | 288 |
| Capex / Sales | - | 84.18% | 79.49% | 111.33% | 37.56% | 32.1% |
| Announcement Date | 2/7/22 | 2/16/23 | 2/15/24 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
32.4
SEK
Average target price
37
SEK
Spread / Average Target
+14.20%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +1.38% | 676M | |
| +2.55% | 9.28B | |
| +8.38% | 7.93B | |
| -8.30% | 3.08B | |
| -9.38% | 2.36B | |
| -4.72% | 2.03B | |
| -15.51% | 700M | |
| -2.22% | 677M | |
| 0.00% | 594M | |
| +18.03% | 514M |
- Stock Market
- Equities
- SLP B Stock
- Financials Swedish Logistic Property AB