CTT SYSTEMS AB |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 336 SEK | -3.72% |
|
+5.64% | +47.16% |
| 26/04 | Transcript : CTT Systems AB, Q1 2024 Earnings Call, Apr 26, 2024 | |
| 26/04 | CTT Systems AB Provides Sales Guidance for the Second Quarter of 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,215 | 1,907 | 2,713 | 2,675 | 2,869 | 4,373 | - | - |
| Enterprise Value (EV) 1 | 2,138 | 1,907 | 2,736 | 2,660 | 2,793 | 4,302 | 4,296 | 4,281 |
| P/E ratio | 23.9 x | 61.4 x | 192 x | 40.4 x | 30.1 x | 37.6 x | 28.5 x | 24.2 x |
| Yield | 3.05% | 1.14% | 0.36% | 1.9% | 2.34% | 2.26% | 2.98% | 3.51% |
| Capitalization / Revenue | 6.24 x | 9.5 x | 17.9 x | 11.1 x | 9.29 x | 11.1 x | 7.94 x | 6.56 x |
| EV / Revenue | 6.02 x | 9.5 x | 18.1 x | 11.1 x | 9.04 x | 10.9 x | 7.8 x | 6.42 x |
| EV / EBITDA | 16.9 x | 42.2 x | 71.8 x | 26.7 x | 21.9 x | 27.9 x | 21.2 x | 17.9 x |
| EV / FCF | 24.9 x | -42.9 x | 126 x | 49.5 x | 25.6 x | 41.4 x | 41.3 x | 29.3 x |
| FCF Yield | 4.02% | -2.33% | 0.79% | 2.02% | 3.91% | 2.42% | 2.42% | 3.41% |
| Price to Book | 9.22 x | - | 12.7 x | 9.93 x | 9.14 x | 13.6 x | 11.6 x | 10.3 x |
| Nbr of stocks (in thousands) | 12,529 | 12,529 | 12,529 | 12,529 | 12,529 | 12,529 | - | - |
| Reference price 2 | 176.8 | 152.2 | 216.5 | 213.5 | 229.0 | 349.0 | 349.0 | 349.0 |
| Announcement Date | 07/02/20 | 09/02/21 | 08/02/22 | 07/02/23 | 06/02/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 354.9 | 200.8 | 151.2 | 240.6 | 308.9 | 395 | 551 | 667 |
| EBITDA 1 | 126.3 | 45.2 | 38.1 | 99.7 | 127.7 | 154 | 203 | 239 |
| EBIT 1 | 119.6 | 38.4 | 26.8 | 91.8 | 118.4 | 145 | 190 | 223 |
| Operating Margin | 33.7% | 19.12% | 17.72% | 38.15% | 38.33% | 36.71% | 34.48% | 33.43% |
| Earnings before Tax (EBT) 1 | 118 | 39.6 | 17.9 | 83.8 | 120.4 | 146 | 193 | 227 |
| Net income 1 | 92.6 | - | 14.2 | 66.3 | 95.5 | 116 | 153 | 181 |
| Net margin | 26.09% | - | 9.39% | 27.56% | 30.92% | 29.37% | 27.77% | 27.14% |
| EPS 2 | 7.390 | 2.480 | 1.130 | 5.290 | 7.620 | 9.270 | 12.23 | 14.41 |
| Free Cash Flow 1 | 85.9 | -44.5 | 21.7 | 53.8 | 109.1 | 104 | 104 | 146 |
| FCF margin | 24.2% | -22.16% | 14.35% | 22.36% | 35.32% | 26.33% | 18.87% | 21.89% |
| FCF Conversion (EBITDA) | 68.01% | - | 56.96% | 53.96% | 85.43% | 67.53% | 51.23% | 61.09% |
| FCF Conversion (Net income) | 92.76% | - | 152.82% | 81.15% | 114.24% | 89.66% | 67.97% | 80.66% |
| Dividend per Share 2 | 5.400 | 1.740 | 0.7900 | 4.050 | 5.350 | 7.880 | 10.39 | 12.25 |
| Announcement Date | 07/02/20 | 09/02/21 | 08/02/22 | 07/02/23 | 06/02/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 42.1 | 49.2 | 58.4 | 65.3 | 67.8 | 75 | 79 | 73.7 | 81.2 | 86 | 108 | 123 |
| EBITDA 1 | 9.7 | 16 | 25.5 | 35.5 | 22.7 | 25.6 | 35.9 | 32.5 | 33.6 | 34 | 43 | 42 |
| EBIT 1 | - | 14 | 23.5 | 33.5 | 20.8 | 22.6 | 33.7 | 30.5 | 31.6 | 32 | 41 | 39 |
| Operating Margin | - | 28.46% | 40.24% | 51.3% | 30.68% | 30.13% | 42.66% | 41.38% | 38.92% | 37.21% | 37.96% | 31.71% |
| Earnings before Tax (EBT) 1 | 5.4 | 12 | 19.1 | 30.1 | 22.7 | 22.7 | 31.2 | 31.9 | 34.7 | 33 | 42 | 40 |
| Net income 1 | 4.3 | 9.6 | 15.1 | 23.9 | 17.8 | 18 | 24.8 | 25.3 | 27.4 | 26 | 33 | 32 |
| Net margin | 10.21% | 19.51% | 25.86% | 36.6% | 26.25% | 24% | 31.39% | 34.33% | 33.74% | 30.23% | 30.56% | 26.02% |
| EPS | 0.3400 | 0.7600 | 1.210 | 1.900 | 1.420 | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 08/02/22 | 29/04/22 | 22/07/22 | 28/10/22 | 07/02/23 | 28/04/23 | 21/07/23 | 27/10/23 | 06/02/24 | - | - | - |
1SEK in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 22.9 | - | - | - | - | - |
| Net Cash position 1 | 77.5 | - | - | 14.6 | 76.1 | 71 | 77 | 92 |
| Leverage (Debt/EBITDA) | - | - | 0.601 x | - | - | - | - | - |
| Free Cash Flow 1 | 85.9 | -44.5 | 21.7 | 53.8 | 109 | 104 | 104 | 146 |
| ROE (net income / shareholders' equity) | 42% | - | 6.55% | 27.5% | 32.7% | 36.6% | 44% | 45% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 19.20 | - | 17.00 | 21.50 | 25.10 | 25.60 | 30.00 | 34.00 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 8.9 | 13.2 | 0.2 | 0.9 | 3.5 | 5 | 7 | 8 |
| Capex / Sales | 2.51% | 6.57% | 0.13% | 0.37% | 1.13% | 1.27% | 1.27% | 1.2% |
| Announcement Date | 07/02/20 | 09/02/21 | 08/02/22 | 07/02/23 | 06/02/24 | - | - | - |
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
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +47.16% | 399M | |
| +26.80% | 90.19B | |
| +23.50% | 69.47B | |
| +23.39% | 27.27B | |
| +16.32% | 25.28B | |
| -5.40% | 13.02B | |
| +15.35% | 9.84B | |
| -7.81% | 8.12B | |
| -.--% | 7.35B | |
| +0.91% | 3.73B |
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- Financials CTT Systems AB
