MOMENTUM GROUP AB |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 169.6 SEK | -1.40% |
|
-1.62% | +30.57% |
| 14/05 | Momentum Group AB (OM:MMGR B) signed an agreement to acquire 70% stake in WH-Service AB. | CI |
| 07/05 | Momentum Group AB Approves Dividend for 2023, Payable on 15 May 2024 | CI |
Valuation
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 2,866 | 6,444 | 8,496 | - | - |
| Enterprise Value (EV) 1 | 3,047 | 6,958 | 8,859 | 8,659 | 8,414 |
| P/E ratio | 21.7 x | 37.8 x | 42.8 x | 37.9 x | 35.3 x |
| Yield | 1.71% | 0.84% | 0.74% | 0.84% | 0.93% |
| Capitalization / Revenue | 1.65 x | 2.8 x | 3.02 x | 2.84 x | 2.74 x |
| EV / Revenue | 1.75 x | 3.03 x | 3.14 x | 2.9 x | 2.71 x |
| EV / EBITDA | 12 x | 20.6 x | 21.6 x | 19.8 x | 18.4 x |
| EV / FCF | 23.4 x | 28.1 x | 53.2 x | 33.1 x | 27.2 x |
| FCF Yield | 4.27% | 3.56% | 1.88% | 3.02% | 3.68% |
| Price to Book | 5.72 x | 10.4 x | 10.4 x | 8.67 x | 7.39 x |
| Nbr of stocks (in thousands) | 48,981 | 49,376 | 49,398 | - | - |
| Reference price 2 | 58.51 | 130.5 | 172.0 | 172.0 | 172.0 |
| Announcement Date | 15/02/23 | 15/02/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 1,739 | 2,298 | 2,817 | 2,989 | 3,103 |
| EBITDA 1 | - | 253 | 337 | 409.9 | 438 | 457.4 |
| EBIT 1 | - | 185 | 237 | 279.4 | 306 | 320.4 |
| Operating Margin | - | 10.64% | 10.31% | 9.92% | 10.23% | 10.33% |
| Earnings before Tax (EBT) 1 | - | 177 | 222 | 255.2 | 287.3 | 309.2 |
| Net income 1 | 116 | 137 | 170 | 197.4 | 222.5 | 238.9 |
| Net margin | - | 7.88% | 7.4% | 7.01% | 7.44% | 7.7% |
| EPS 2 | 2.300 | 2.700 | 3.450 | 4.023 | 4.537 | 4.873 |
| Free Cash Flow 1 | - | 130 | 248 | 166.5 | 261.5 | 309.5 |
| FCF margin | - | 7.48% | 10.79% | 5.91% | 8.75% | 9.97% |
| FCF Conversion (EBITDA) | - | 51.38% | 73.59% | 40.62% | 59.71% | 67.67% |
| FCF Conversion (Net income) | - | 94.89% | 145.88% | 84.33% | 117.55% | 129.56% |
| Dividend per Share 2 | - | 1.000 | 1.100 | 1.274 | 1.448 | 1.601 |
| Announcement Date | 15/03/22 | 15/02/23 | 15/02/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 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 | 399 | 446 | 400 | 494 | 502 | 549 | 580 | 667 | 661 | 714.3 | 677.3 | 763.9 | 756 | 766 |
| EBITDA 1 | 52 | 65 | 65 | 71 | 74 | 82 | 90 | 91 | 97 | 103.9 | 103 | 104.9 | 108 | 110 |
| EBIT 1 | 37 | 49 | 47 | 52 | 55 | 59 | 62 | 61 | 65 | 71.89 | 70 | 71.89 | 75 | 77 |
| Operating Margin | 9.27% | 10.99% | 11.75% | 10.53% | 10.96% | 10.75% | 10.69% | 9.15% | 9.83% | 10.06% | 10.34% | 9.41% | 9.92% | 10.05% |
| Earnings before Tax (EBT) 1 | 36 | 46 | 46 | 49 | 53 | 55 | 56 | 58 | 55 | 64.67 | 62.17 | 64.59 | 68 | 71 |
| Net income 1 | 28 | 36 | 35 | 38 | 41 | 44 | 42 | 43 | 41 | 52.55 | 50.45 | 52.43 | 51 | 56 |
| Net margin | 7.02% | 8.07% | 8.75% | 7.69% | 8.17% | 8.01% | 7.24% | 6.45% | 6.2% | 7.36% | 7.45% | 6.86% | 6.75% | 7.31% |
| EPS 2 | 0.5500 | 0.7000 | 0.7000 | 0.7500 | 0.8500 | 0.9000 | 0.8500 | 0.8500 | 0.8500 | 1.069 | 1.016 | 1.046 | 1.030 | 1.130 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 27/04/22 | 14/07/22 | 27/10/22 | 15/02/23 | 27/04/23 | 14/07/23 | 27/10/23 | 15/02/24 | 26/04/24 | - | - | - | - | - |
1SEK in Million2SEK
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | 181 | 514 | 362 | 162 | - |
| Net Cash position 1 | - | - | - | - | - | 82.4 |
| Leverage (Debt/EBITDA) | - | 0.7154 x | 1.525 x | 0.8837 x | 0.3703 x | - |
| Free Cash Flow 1 | - | 130 | 248 | 167 | 262 | 310 |
| ROE (net income / shareholders' equity) | - | 28.7% | 31% | 26.5% | 23.7% | 21.5% |
| ROA (Net income/ Total Assets) | - | - | 11.2% | - | - | - |
| Assets 1 | - | - | 1,518 | - | - | - |
| Book Value Per Share 2 | - | 10.20 | 12.50 | 16.60 | 19.80 | 23.30 |
| Cash Flow per Share 2 | - | 2.710 | 5.270 | 5.400 | 6.800 | 8.200 |
| Capex 1 | - | 5 | 12 | 19.8 | 24.3 | 26.2 |
| Capex / Sales | - | 0.29% | 0.52% | 0.7% | 0.81% | 0.84% |
| Announcement Date | 15/03/22 | 15/02/23 | 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
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
172
SEK
Average target price
140
SEK
Spread / Average Target
-18.60%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +30.57% | 81Cr | |
| +16.22% | 8.72TCr | |
| +9.68% | 6.5TCr | |
| +16.25% | 3.63TCr | |
| +19.74% | 3.32TCr | |
| -0.91% | 2.57TCr | |
| -2.02% | 2.53TCr | |
| +17.07% | 2.47TCr | |
| +5.33% | 2.56TCr | |
| -1.88% | 2.19TCr |
- Stock Market
- Equities
- MMGR B Stock
- Financials Momentum Group AB
