Financials Husqvarna AB

Equities

HUSQ B

SE0001662230

Appliances, Tools & Housewares

Market Closed - Nasdaq Stockholm 08:59:48 26/04/2024 pm IST 5-day change 1st Jan Change
87.8 SEK +4.77% Intraday chart for Husqvarna AB +8.29% +5.81%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 42,880 61,035 82,916 41,753 47,275 50,071 - -
Enterprise Value (EV) 1 54,195 67,528 92,539 59,462 62,915 62,332 61,076 59,226
P/E ratio 17 x 24.5 x 18.7 x 21.6 x 21.8 x 16.9 x 14 x 12.4 x
Yield - 2.25% 2.07% 4.1% 3.62% 3.65% 3.91% 4.33%
Capitalization / Revenue 1.01 x 1.46 x 1.76 x 0.77 x 0.89 x 0.99 x 0.94 x 0.9 x
EV / Revenue 1.28 x 1.61 x 1.97 x 1.1 x 1.18 x 1.23 x 1.15 x 1.07 x
EV / EBITDA 9.38 x 10.9 x 11.6 x 9.31 x 7.95 x 8.2 x 7.25 x 6.6 x
EV / FCF 20.3 x 11.1 x 29.5 x -14.7 x 14.2 x 13.3 x 18.2 x 14.7 x
FCF Yield 4.94% 9.01% 3.39% -6.81% 7.06% 7.52% 5.49% 6.78%
Price to Book 2.48 x 3.57 x 3.84 x 1.75 x 1.99 x 2 x 1.87 x 1.73 x
Nbr of stocks (in thousands) 5,72,203 5,72,578 5,72,922 5,70,453 5,70,618 5,71,519 - -
Reference price 2 75.02 106.5 144.8 73.12 82.98 87.80 87.80 87.80
Announcement Date 04/02/20 03/02/21 03/02/22 01/02/23 02/02/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 42,277 41,943 47,059 54,037 53,261 50,583 53,331 55,499
EBITDA 1 5,779 6,206 7,987 6,385 7,911 7,599 8,422 8,980
EBIT 1 3,915 4,484 5,684 4,853 4,970 4,746 5,485 6,070
Operating Margin 9.26% 10.69% 12.08% 8.98% 9.33% 9.38% 10.28% 10.94%
Earnings before Tax (EBT) 1 3,122 3,330 5,494 2,581 2,878 3,857 4,728 5,334
Net income 1 2,527 2,494 4,437 1,932 2,177 2,974 3,582 4,062
Net margin 5.98% 5.95% 9.43% 3.58% 4.09% 5.88% 6.72% 7.32%
EPS 2 4.420 4.350 7.730 3.380 3.810 5.191 6.288 7.068
Free Cash Flow 1 2,676 6,087 3,140 -4,052 4,440 4,688 3,353 4,018
FCF margin 6.33% 14.51% 6.67% -7.5% 8.34% 9.27% 6.29% 7.24%
FCF Conversion (EBITDA) 46.31% 98.08% 39.31% - 56.12% 61.7% 39.81% 44.75%
FCF Conversion (Net income) 105.9% 244.07% 70.77% - 203.95% 157.64% 93.61% 98.91%
Dividend per Share 2 - 2.400 3.000 3.000 3.000 3.208 3.434 3.805
Announcement Date 04/02/20 03/02/21 03/02/22 01/02/23 02/02/24 - - -
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 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 8,234 15,685 15,792 12,206 10,353 17,167 16,976 10,512 8,605 14,719 16,078 10,700 9,029 15,010 14,611
EBITDA 1 480 2,788 2,695 1,260 -287 3,105 3,031 1,112 631 2,667 3,116 1,263 505.5 - -
EBIT 1 -180 2,190 2,075 555 -13 2,410 2,313 398 -168 1,930 2,359 540.7 -7 - -
Operating Margin -2.19% 13.96% 13.14% 4.55% -0.13% 14.04% 13.63% 3.79% -1.95% 13.11% 14.67% 5.05% -0.08% - -
Earnings before Tax (EBT) 1 -163 2,098 1,978 468 -1,963 2,119 1,854 178 -1,272 1,702 2,147 317.9 -277 - -
Net income 1 148 1,638 1,417 269 -1,392 1,653 1,411 125 -1,011 1,322 1,658 - - - -
Net margin 1.8% 10.44% 8.97% 2.2% -13.45% 9.63% 8.31% 1.19% -11.75% 8.98% 10.31% - - - -
EPS 2 0.2600 2.860 2.470 0.4700 -2.430 2.880 2.460 0.2200 -1.770 2.310 2.543 0.7600 -0.1300 2.370 2.100
Dividend per Share 2 - - - - - - - - - - 1.167 - 2.333 - -
Announcement Date 03/02/22 21/04/22 15/07/22 21/10/22 01/02/23 20/04/23 18/07/23 20/10/23 02/02/24 24/04/24 - - - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 11,315 6,493 9,623 17,709 15,640 12,260 11,005 9,154
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.958 x 1.046 x 1.205 x 2.774 x 1.977 x 1.613 x 1.307 x 1.019 x
Free Cash Flow 1 2,676 6,087 3,140 -4,052 4,440 4,689 3,353 4,018
ROE (net income / shareholders' equity) 15.2% 13.5% 22.2% 13.7% 12.6% 12.2% 13.6% 14.5%
ROA (Net income/ Total Assets) 6.27% 5.83% 9.4% 3.43% 3.65% 5.21% 6.33% 7.09%
Assets 1 40,294 42,749 47,217 56,277 59,623 57,085 56,620 57,313
Book Value Per Share 2 30.20 29.80 37.70 41.90 41.60 43.80 46.80 50.60
Cash Flow per Share 2 8.580 14.10 9.870 -2.980 12.40 12.20 9.800 10.60
Capex 1 2,232 1,994 2,524 2,344 2,627 2,393 2,679 2,599
Capex / Sales 5.28% 4.75% 5.36% 4.34% 4.93% 4.73% 5.02% 4.68%
Announcement Date 04/02/20 03/02/21 03/02/22 01/02/23 02/02/24 - - -
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
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
7
Last Close Price
87.8 SEK
Average target price
85.5 SEK
Spread / Average Target
-2.62%
Consensus
  1. Stock Market
  2. Equities
  3. HUSQ B Stock
  4. Financials Husqvarna AB