Financials Veteranpoolen AB

Equities

VPAB B

SE0010663161

Employment Services

End-of-day quote NORDIC GROWTH MARKET 06:00:00 2024-05-30 pm EDT 5-day change 1st Jan Change
34.2 SEK -.--% Intraday chart for Veteranpoolen AB -4.47% +13.25%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 339.3 370.3 348.4 894.8 636.6 604.6
Enterprise Value (EV) 1 301.1 332.2 284.8 821 579.6 551.3
P/E ratio 14.2 x 14.2 x 14.9 x 26.7 x 15.3 x 14.5 x
Yield 5.91% - 14.4% 6.71% 6.29% 6.62%
Capitalization / Revenue 1.09 x 1.11 x 1.17 x 2.32 x 1.32 x 1.18 x
EV / Revenue 0.97 x 0.99 x 0.96 x 2.12 x 1.2 x 1.08 x
EV / EBITDA 9.13 x 8.86 x 9.09 x 19.2 x 11 x 10.6 x
EV / FCF 12.4 x 22.2 x 14.1 x 31.9 x 16.8 x 22 x
FCF Yield 8.05% 4.5% 7.11% 3.14% 5.97% 4.56%
Price to Book 11 x 9.45 x 5.48 x 12.1 x 11.5 x 10.3 x
Nbr of stocks (in thousands) 18,241 18,241 18,241 20,018 20,018 20,018
Reference price 2 18.60 20.30 19.10 44.70 31.80 30.20
Announcement Date 5/1/19 5/27/20 5/18/21 5/12/22 5/12/23 4/30/24
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 311.7 334.6 298.2 386.5 481.7 510.9
EBITDA 1 32.99 37.48 31.32 42.71 52.88 52.15
EBIT 1 31.65 36.31 31.11 42.54 52.61 51.73
Operating Margin 10.15% 10.85% 10.43% 11.01% 10.92% 10.12%
Earnings before Tax (EBT) 1 31.69 36.35 31.14 42.56 52.66 52.66
Net income 1 24.61 28.39 24.37 33.51 41.59 41.6
Net margin 7.9% 8.49% 8.17% 8.67% 8.63% 8.14%
EPS 2 1.306 1.427 1.283 1.673 2.078 2.078
Free Cash Flow 1 24.23 14.93 20.26 25.75 34.6 25.11
FCF margin 7.77% 4.46% 6.79% 6.66% 7.18% 4.92%
FCF Conversion (EBITDA) 73.44% 39.85% 64.69% 60.28% 65.43% 48.15%
FCF Conversion (Net income) 98.43% 52.6% 83.13% 76.85% 83.19% 60.36%
Dividend per Share 2 1.100 - 2.750 3.000 2.000 2.000
Announcement Date 5/1/19 5/27/20 5/18/21 5/12/22 5/12/23 4/30/24
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 38.2 38.1 63.6 73.8 57 53.3
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 24.2 14.9 20.3 25.7 34.6 25.1
ROE (net income / shareholders' equity) 105% 81% 47.4% 48.7% 64.2% 72.9%
ROA (Net income/ Total Assets) 28.7% 27.5% 21.7% 23.3% 25.8% 25.8%
Assets 1 85.64 103.4 112.5 144 161.5 161.2
Book Value Per Share 2 1.690 2.150 3.480 3.700 2.770 2.930
Cash Flow per Share 2 2.100 2.090 3.490 3.690 2.850 2.660
Capex 1 0.06 0.53 0.1 0.03 1.36 0.18
Capex / Sales 0.02% 0.16% 0.03% 0.01% 0.28% 0.03%
Announcement Date 5/1/19 5/27/20 5/18/21 5/12/22 5/12/23 4/30/24
1SEK in Million2SEK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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