Market Closed -
Nasdaq Stockholm
11:29:44 2024-05-03 am EDT
|
5-day change
|
1st Jan Change
|
504
SEK
|
-3.26%
|
|
-2.80%
|
-13.92%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
6,026
|
11,176
|
19,521
|
15,611
|
21,977
|
18,920
|
-
|
-
|
Enterprise Value (EV)
1 |
6,480
|
11,599
|
20,158
|
16,527
|
23,976
|
21,404
|
21,600
|
21,827
|
P/E ratio
|
58.5
x
|
69.2
x
|
90.7
x
|
60.6
x
|
64.2
x
|
46.4
x
|
38.9
x
|
32.2
x
|
Yield
|
0.73%
|
0.48%
|
0.29%
|
0.48%
|
0.39%
|
0.71%
|
0.85%
|
1.05%
|
Capitalization / Revenue
|
5.21
x
|
8.51
x
|
12.4
x
|
7.89
x
|
7.91
x
|
6.14
x
|
5.48
x
|
4.83
x
|
EV / Revenue
|
5.61
x
|
8.84
x
|
12.8
x
|
8.35
x
|
8.63
x
|
6.95
x
|
6.26
x
|
5.57
x
|
EV / EBITDA
|
17.7
x
|
25.4
x
|
35.5
x
|
23.2
x
|
22.5
x
|
17.5
x
|
15.6
x
|
13.5
x
|
EV / FCF
|
-70.2
x
|
121
x
|
-20.2
x
|
-18.9
x
|
-33.6
x
|
-1,338
x
|
135
x
|
135
x
|
FCF Yield
|
-1.42%
|
0.83%
|
-4.96%
|
-5.3%
|
-2.97%
|
-0.07%
|
0.74%
|
0.74%
|
Price to Book
|
7.93
x
|
13.3
x
|
9.81
x
|
4.86
x
|
6.45
x
|
5.2
x
|
4.75
x
|
4.28
x
|
Nbr of stocks (in thousands)
|
32,573
|
32,773
|
35,046
|
37,329
|
37,535
|
37,541
|
-
|
-
|
Reference price
2 |
185.0
|
341.0
|
557.0
|
418.2
|
585.5
|
504.0
|
504.0
|
504.0
|
Announcement Date
|
2/13/20
|
2/11/21
|
2/11/22
|
2/1/23
|
2/1/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,156
|
1,313
|
1,571
|
1,978
|
2,778
|
3,081
|
3,453
|
3,917
|
EBITDA
1 |
365.7
|
457
|
567.6
|
711.3
|
1,064
|
1,222
|
1,385
|
1,612
|
EBIT
1 |
144
|
222.4
|
283
|
355.8
|
590.1
|
680.1
|
767.3
|
909.3
|
Operating Margin
|
12.46%
|
16.94%
|
18.01%
|
17.99%
|
21.25%
|
22.07%
|
22.22%
|
23.22%
|
Earnings before Tax (EBT)
1 |
130
|
207.6
|
262.1
|
312.2
|
467.8
|
546.4
|
647.2
|
780.6
|
Net income
1 |
102.2
|
160.7
|
206.9
|
244.9
|
339.2
|
411.1
|
491.9
|
593.4
|
Net margin
|
8.84%
|
12.24%
|
13.17%
|
12.38%
|
12.21%
|
13.34%
|
14.25%
|
15.15%
|
EPS
2 |
3.160
|
4.930
|
6.140
|
6.900
|
9.120
|
10.86
|
12.96
|
15.68
|
Free Cash Flow
1 |
-92.27
|
96.21
|
-1,000
|
-875.8
|
-713.1
|
-16
|
160
|
162
|
FCF margin
|
-7.98%
|
7.33%
|
-63.66%
|
-44.27%
|
-25.67%
|
-0.52%
|
4.63%
|
4.14%
|
FCF Conversion (EBITDA)
|
-
|
21.05%
|
-
|
-
|
-
|
-
|
11.55%
|
10.05%
|
FCF Conversion (Net income)
|
-
|
59.86%
|
-
|
-
|
-
|
-
|
32.53%
|
27.3%
|
Dividend per Share
2 |
1.350
|
1.640
|
1.640
|
2.000
|
2.280
|
3.600
|
4.300
|
5.300
|
Announcement Date
|
2/13/20
|
2/11/21
|
2/11/22
|
2/1/23
|
2/1/24
|
-
|
-
|
-
|
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
|
---|
Net sales
1 |
421.4
|
446.6
|
448.6
|
504.8
|
578.1
|
612.6
|
723.7
|
701
|
740.3
|
716
|
780
|
774
|
811.5
|
EBITDA
1 |
149.5
|
163
|
155.1
|
183.2
|
206.5
|
222.5
|
275.7
|
292.9
|
288.1
|
279.6
|
309
|
315.5
|
318
|
EBIT
1 |
70.39
|
83.36
|
74.29
|
92.2
|
106
|
122.6
|
163.9
|
157.6
|
146
|
153
|
174
|
180
|
177.5
|
Operating Margin
|
16.7%
|
18.66%
|
16.56%
|
18.26%
|
18.33%
|
20.01%
|
22.65%
|
22.48%
|
19.73%
|
21.37%
|
22.31%
|
23.26%
|
21.87%
|
Earnings before Tax (EBT)
1 |
65.78
|
78.45
|
69.46
|
75.06
|
89.19
|
101.3
|
128.7
|
118.8
|
119
|
-
|
139
|
152
|
141
|
Net income
1 |
55.68
|
61.82
|
53.3
|
61.91
|
67.84
|
77.14
|
96.87
|
85.2
|
79.97
|
85.55
|
105.5
|
111
|
109
|
Net margin
|
13.21%
|
13.84%
|
11.88%
|
12.26%
|
11.73%
|
12.59%
|
13.39%
|
12.15%
|
10.8%
|
11.95%
|
13.53%
|
14.34%
|
13.43%
|
EPS
2 |
1.590
|
1.730
|
1.500
|
1.760
|
1.920
|
2.170
|
2.430
|
2.260
|
2.230
|
2.300
|
2.760
|
3.020
|
2.800
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/11/22
|
4/22/22
|
7/15/22
|
10/20/22
|
2/1/23
|
4/21/23
|
7/14/23
|
10/19/23
|
2/1/24
|
4/18/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
454
|
423
|
638
|
916
|
1,999
|
2,484
|
2,680
|
2,907
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.241
x
|
0.9264
x
|
1.123
x
|
1.287
x
|
1.879
x
|
2.031
x
|
1.935
x
|
1.804
x
|
Free Cash Flow
1 |
-92.3
|
96.2
|
-1,000
|
-876
|
-713
|
-16
|
160
|
162
|
ROE (net income / shareholders' equity)
|
14%
|
20%
|
15%
|
9%
|
10%
|
11.3%
|
11.8%
|
12.6%
|
ROA (Net income/ Total Assets)
|
5.73%
|
7.85%
|
6.95%
|
4.86%
|
4.79%
|
5.19%
|
5.86%
|
6.85%
|
Assets
1 |
1,783
|
2,049
|
2,979
|
5,036
|
7,075
|
7,915
|
8,391
|
8,665
|
Book Value Per Share
2 |
23.30
|
25.70
|
56.80
|
86.00
|
90.80
|
96.90
|
106.0
|
118.0
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
1 |
157
|
173
|
228
|
285
|
377
|
413
|
434
|
469
|
Capex / Sales
|
13.55%
|
13.17%
|
14.52%
|
14.42%
|
13.57%
|
13.39%
|
12.57%
|
11.97%
|
Announcement Date
|
2/13/20
|
2/11/21
|
2/11/22
|
2/1/23
|
2/1/24
|
-
|
-
|
-
|
Average target price
576
SEK Spread / Average Target +14.29% Consensus |
1st Jan change
|
Capi.
|
---|
| -13.92% | 1.75B | | +9.84% | 318B | | +22.40% | 213B | | +10.74% | 56.34B | | +3.40% | 30.56B | | +2.49% | 29.48B | | +93.63% | 21.69B | | +22.42% | 20.19B | | +5.13% | 13.66B | | +0.90% | 14.83B |
Enterprise Software
|