MENTICE AB |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 31.7 SEK | -13.39% |
|
-12.19% | -33.54% |
| 03/05 | Transcript : Mentice AB, Q1 2024 Earnings Call, May 03, 2024 | |
| 03/05 | Mentice AB Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,775 | 2,065 | 2,442 | 966.5 | 1,220 | 810.5 | - | - |
| Enterprise Value (EV) 1 | 1,742 | 2,028 | 2,444 | 935.9 | 1,170 | 726.2 | 704.1 | 647.4 |
| P/E ratio | -70 x | -155 x | -83.6 x | -31 x | -434 x | 40.6 x | 19.7 x | 12.7 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 11.9 x | 15 x | 13.2 x | 4.43 x | 4.46 x | 2.42 x | 1.97 x | 1.64 x |
| EV / Revenue | 11.7 x | 14.7 x | 13.2 x | 4.29 x | 4.28 x | 2.17 x | 1.71 x | 1.31 x |
| EV / EBITDA | -135 x | -495 x | 978 x | -240 x | 48.4 x | 14 x | 8.98 x | 6.02 x |
| EV / FCF | - | 390 x | -78.8 x | 505 x | 39.6 x | 24.6 x | 21.6 x | 11.6 x |
| FCF Yield | - | 0.26% | -1.27% | 0.2% | 2.52% | 4.06% | 4.64% | 8.62% |
| Price to Book | 14.1 x | 12.6 x | 17.8 x | 5.94 x | 7.67 x | 4.47 x | 3.65 x | 2.87 x |
| Nbr of stocks (in thousands) | 24,147 | 24,728 | 24,769 | 25,569 | 25,569 | 25,569 | - | - |
| Reference price 2 | 73.50 | 83.50 | 98.60 | 37.80 | 47.70 | 31.70 | 31.70 | 31.70 |
| Announcement Date | 27/02/20 | 04/02/21 | 03/02/22 | 03/02/23 | 15/02/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 149.4 | 137.5 | 185.1 | 218 | 273.6 | 335.4 | 412.1 | 494.7 |
| EBITDA 1 | -12.9 | -4.1 | 2.5 | -3.9 | 24.2 | 51.75 | 78.38 | 107.5 |
| EBIT 1 | -24.48 | -18.21 | -19.72 | -23.95 | -0.679 | 24.85 | 50.25 | 77.93 |
| Operating Margin | -16.38% | -13.25% | -10.65% | -10.99% | -0.25% | 7.41% | 12.2% | 15.75% |
| Earnings before Tax (EBT) 1 | -26.24 | -18.59 | -21.27 | -24.04 | -0.013 | 24.96 | 50.4 | 78.46 |
| Net income 1 | -20.6 | -13.1 | -29.2 | -30.66 | -2.817 | 20.25 | 40.94 | 63.45 |
| Net margin | -13.79% | -9.53% | -15.78% | -14.07% | -1.03% | 6.04% | 9.93% | 12.82% |
| EPS 2 | -1.050 | -0.5400 | -1.180 | -1.220 | -0.1100 | 0.7803 | 1.607 | 2.492 |
| Free Cash Flow 1 | - | 5.196 | -31.03 | 1.854 | 29.53 | 29.5 | 32.67 | 55.8 |
| FCF margin | - | 3.78% | -16.76% | 0.85% | 10.79% | 8.79% | 7.93% | 11.28% |
| FCF Conversion (EBITDA) | - | - | - | - | 122.02% | 57% | 41.68% | 51.89% |
| FCF Conversion (Net income) | - | - | - | - | - | 145.67% | 79.8% | 87.95% |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 27/02/20 | 04/02/21 | 03/02/22 | 03/02/23 | 15/02/24 | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 67.7 | 53.08 | 45.11 | 51.1 | 68.66 | 64.96 | 74.31 | 63.9 | 70.43 | 45.34 | 82.75 | 81.25 | 91.65 |
| EBITDA 1 | 12 | -1.3 | -12.2 | -1.9 | 11.5 | 7.3 | 10.7 | 4 | 2.3 | -18.4 | 10.9 | 10.96 | 20.49 |
| EBIT 1 | 4.019 | -6.082 | -17.22 | -7.255 | 6.602 | 0.103 | 4.822 | -2.043 | -3.561 | -24.2 | 4.148 | 4.213 | 13.24 |
| Operating Margin | 5.94% | -11.46% | -38.17% | -14.2% | 9.62% | 0.16% | 6.49% | -3.2% | -5.06% | -53.36% | 5.01% | 5.19% | 14.45% |
| Earnings before Tax (EBT) 1 | 3.075 | -6.935 | -16.75 | -7.37 | 7.018 | -0.632 | 4.771 | -1.696 | -2.455 | -23.99 | 6.474 | 6.624 | 12.69 |
| Net income 1 | -4.2 | -7.425 | -17.64 | -7.746 | 2.143 | -1.483 | 1.473 | 0.016 | -2.823 | -24.64 | 3.525 | 3.583 | 10.45 |
| Net margin | -6.2% | -13.99% | -39.1% | -15.16% | 3.12% | -2.28% | 1.98% | 0.03% | -4.01% | -54.34% | 4.26% | 4.41% | 11.4% |
| EPS 2 | -0.1700 | -0.3000 | -0.7100 | -0.3000 | 0.0800 | -0.0600 | 0.0600 | - | -0.1100 | -0.9600 | 0.1975 | 0.2021 | 0.3871 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 03/02/22 | 27/04/22 | 21/07/22 | 26/10/22 | 03/02/23 | 27/04/23 | 20/07/23 | 26/10/23 | 15/02/24 | 03/05/24 | - | - | - |
1SEK in Million2SEK
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 2.01 | - | - | - | - | - |
| Net Cash position 1 | 32.6 | 37.2 | - | 30.6 | 49.6 | 84.3 | 106 | 163 |
| Leverage (Debt/EBITDA) | - | - | 0.8028 x | - | - | - | - | - |
| Free Cash Flow 1 | - | 5.2 | -31 | 1.85 | 29.5 | 29.5 | 32.7 | 55.8 |
| ROE (net income / shareholders' equity) | - | -9.09% | -19.5% | -20.5% | -1.75% | 12% | 20.6% | 25.1% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 5.200 | 6.600 | 5.530 | 6.360 | 6.220 | 7.080 | 8.690 | 11.00 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | - | 25.3 | 25.9 | 13.1 | 6.99 | 14.9 | 17.3 | 19.3 |
| Capex / Sales | - | 18.43% | 13.99% | 5.99% | 2.55% | 4.44% | 4.2% | 3.89% |
| Announcement Date | 27/02/20 | 04/02/21 | 03/02/22 | 03/02/23 | 15/02/24 | - | - | - |
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-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
31.7
SEK
Average target price
55.33
SEK
Spread / Average Target
+74.55%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -33.54% | 75.04M | |
| +73.37% | 12.39B | |
| -17.09% | 8.08B | |
| +16.88% | 7.25B | |
| +3.57% | 5.86B | |
| +11.77% | 5.35B | |
| +29.65% | 4.63B | |
| -17.74% | 4.19B | |
| -35.26% | 2.44B | |
| +3.09% | 2.07B |
- Stock Market
- Equities
- MNTC Stock
- Financials Mentice AB
