Financials Absolent Air Care Group AB

Equities

ABSO

SE0006256558

Environmental Services & Equipment

Delayed Nasdaq Stockholm 12:34:08 15/05/2024 pm IST 5-day change 1st Jan Change
336 SEK -1.18% Intraday chart for Absolent Air Care Group AB -2.58% -15.00%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 5,174 4,619 4,528 3,849 - -
Enterprise Value (EV) 1 5,174 4,912 4,825 3,997 3,849 3,684
P/E ratio 1,235 x 30.4 x 32.3 x 24.8 x 19.6 x 17.5 x
Yield - 0.67% 0.75% 0.81% 1.02% 1.14%
Capitalization / Revenue - 3.45 x 3.22 x 2.76 x 2.52 x 2.34 x
EV / Revenue - 3.67 x 3.43 x 2.86 x 2.52 x 2.24 x
EV / EBITDA - 18.9 x 18.5 x 14.4 x 12 x 10.4 x
EV / FCF - 29.1 x 42.2 x 20.1 x 19.1 x 16.3 x
FCF Yield - 3.44% 2.37% 4.98% 5.22% 6.13%
Price to Book - 6.65 x 5.62 x 4.12 x 3.5 x 3.01 x
Nbr of stocks (in thousands) 11,321 11,321 11,321 11,321 - -
Reference price 2 457.0 408.0 400.0 340.0 340.0 340.0
Announcement Date 24/02/22 22/02/23 20/02/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 - 1,339 1,408 1,395 1,526 1,645
EBITDA 1 - 260.6 261.3 278 321.9 352.6
EBIT 1 - 220 214.6 223.2 263.3 291.1
Operating Margin - 16.43% 15.24% 15.99% 17.25% 17.69%
Earnings before Tax (EBT) 1 - 196.9 180.2 203 255 286
Net income 1 4.145 151.8 140.2 155.4 196.6 220.3
Net margin - 11.33% 9.96% 11.14% 12.88% 13.39%
EPS 2 0.3700 13.40 12.39 13.73 17.37 19.46
Free Cash Flow 1 - 169 114.2 199 201 226
FCF margin - 12.62% 8.11% 14.26% 13.17% 13.74%
FCF Conversion (EBITDA) - 64.84% 43.71% 71.58% 62.43% 64.1%
FCF Conversion (Net income) - 111.34% 81.46% 128.06% 102.24% 102.6%
Dividend per Share 2 - 2.750 3.000 2.745 3.473 3.891
Announcement Date 24/02/22 22/02/23 20/02/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 350.7 326.4 340.1 358.8 353 354.7 341.9 357.6 344 344 350
EBITDA 1 73.37 67.25 57.8 68.17 71.34 73.75 48.07 75.6 67 69 66
EBIT 1 63.38 57.33 47.35 57.83 60.72 61.59 34.5 62.1 53 56 52
Operating Margin 18.07% 17.56% 13.92% 16.12% 17.2% 17.37% 10.09% 17.37% 15.41% 16.28% 14.86%
Earnings before Tax (EBT) 1 56.01 52.5 39.9 50.68 59.42 51.88 18.24 64.13 44 49 46
Net income 1 42.49 43.15 27.48 38.8 - - 16.36 49.7 34 37 35
Net margin 12.12% 13.22% 8.08% 10.81% - - 4.78% 13.9% 9.88% 10.76% 10%
EPS 3.750 - 2.430 3.430 4.030 3.480 1.440 - - - -
Dividend per Share - - - - - - - - - - -
Announcement Date 17/08/22 11/11/22 22/02/23 16/05/23 17/08/23 30/10/23 20/02/24 03/05/24 - - -
1SEK in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt 1 - 293 297 148 - -
Net Cash position 1 - - - - - 165
Leverage (Debt/EBITDA) - 1.125 x 1.136 x 0.5324 x - -
Free Cash Flow 1 - 169 114 199 201 226
ROE (net income / shareholders' equity) - 24.8% 18.7% 17.9% 19.3% 18.5%
ROA (Net income/ Total Assets) - 9.72% 8.4% 8.93% 10.4% 10.5%
Assets 1 - 1,562 1,669 1,741 1,897 2,092
Book Value Per Share 2 - 61.30 71.20 82.40 97.10 113.0
Cash Flow per Share - - - - - -
Capex 1 - 27.2 21.6 22.1 36.5 39.9
Capex / Sales - 2.03% 1.53% 1.58% 2.39% 2.43%
Announcement Date 24/02/22 22/02/23 20/02/24 - - -
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
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
340
Average target price
-
Consensus
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