Financials Nobia AB London S.E.

Equities

0GW0

SE0000949331

Construction Supplies & Fixtures

Market Closed - London S.E. 08:55:00 17/07/2024 pm IST 5-day change 1st Jan Change
5.152 SEK +12.40% Intraday chart for Nobia AB +19.00% -53.22%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 11,774 11,119 9,170 3,584 1,851 3,057 - -
Enterprise Value (EV) 1 15,126 12,952 11,184 7,564 7,234 7,395 7,257 6,015
P/E ratio 14.6 x 43.9 x 13 x -2,130 x -5.31 x -3.64 x 4.88 x 14.1 x
Yield - 3.04% 4.59% - - 1.83% 7.34% 1.76%
Capitalization / Revenue 0.85 x 0.87 x 0.67 x 0.24 x 0.14 x 0.29 x 0.26 x 0.27 x
EV / Revenue 1.09 x 1.02 x 0.82 x 0.51 x 0.54 x 0.7 x 0.61 x 0.52 x
EV / EBITDA 7.69 x 9.08 x 6.18 x 6.94 x 9.38 x 8.5 x 5.47 x 4.26 x
EV / FCF 13 x 7.36 x 16.6 x -9.44 x -9.19 x 6.33 x 9.52 x 6.77 x
FCF Yield 7.72% 13.6% 6.01% -10.6% -10.9% 15.8% 10.5% 14.8%
Price to Book 2.75 x 2.76 x 1.87 x 0.76 x 0.43 x 0.6 x 0.59 x 0.57 x
Nbr of stocks (in thousands) 1,68,687 1,68,853 1,68,253 1,68,253 1,68,253 6,73,011 - -
Reference price 2 69.80 65.85 54.50 21.30 11.00 4.542 4.542 4.542
Announcement Date 04/02/20 04/02/21 01/02/22 09/02/23 20/02/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 13,930 12,741 13,719 14,929 13,373 10,585 11,950 11,519
EBITDA 1 1,967 1,426 1,809 1,090 771 870 1,326 1,410
EBIT 1 1,132 581 1,009 497 -99 35 427.9 527.5
Operating Margin 8.13% 4.56% 7.35% 3.33% -0.74% 0.33% 3.58% 4.58%
Earnings before Tax (EBT) 1 1,039 353 907 30 -373 -478 224 277.8
Net income 1 810 253 706 -2 -347 -525.9 174.7 218.1
Net margin 5.81% 1.99% 5.15% -0.01% -2.59% -4.97% 1.46% 1.89%
EPS 2 4.790 1.500 4.180 -0.0100 -2.070 -1.247 0.9300 0.3230
Free Cash Flow 1 1,168 1,760 672 -801 -787 1,168 762 888.5
FCF margin 8.38% 13.81% 4.9% -5.37% -5.88% 11.03% 6.38% 7.71%
FCF Conversion (EBITDA) 59.38% 123.42% 37.15% - - 134.25% 57.46% 62.99%
FCF Conversion (Net income) 144.2% 695.65% 95.18% - - - 436.16% 407.46%
Dividend per Share 2 - 2.000 2.500 - - 0.0833 0.3333 0.0800
Announcement Date 04/02/20 04/02/21 01/02/22 09/02/23 20/02/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 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
Net sales 1 3,215 3,509 3,779 3,890 3,480 3,780 3,660 3,562 3,101 3,050 2,615 2,773 2,455 2,595 2,711
EBITDA 1 429 431 386 303 272 129 -18 254 336 162 143 212.5 189 236 276
EBIT 1 228 238 182 212 78 25 81 83 132 -75 -27 25.5 31 68 82
Operating Margin 7.09% 6.78% 4.82% 5.45% 2.24% 0.66% 2.21% 2.33% 4.26% -2.46% -1.03% 0.92% 1.26% 2.62% 3.02%
Earnings before Tax (EBT) 1 213 203 161 22 31 -184 -270 2 50 -155 -167 -130.2 -89.85 -52.7 -5
Net income 1 170 146 128 17 19 -166 -214 1 40 -174 -246 -111.5 -70.09 -41.1 -4
Net margin 5.29% 4.16% 3.39% 0.44% 0.55% -4.39% -5.85% 0.03% 1.29% -5.7% -9.41% -4.02% -2.85% -1.58% -0.15%
EPS 2 1.010 0.8700 0.7600 0.1000 0.1100 -0.9800 -1.280 0.0100 0.2400 -1.040 -1.460 -0.1660 -0.1038 -0.0609 -0.0100
Dividend per Share 2 - - - 2.500 - - - - - - - - - - -
Announcement Date 26/10/21 01/02/22 05/05/22 19/07/22 02/11/22 09/02/23 27/04/23 20/07/23 02/11/23 20/02/24 14/05/24 - - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 3,352 1,833 2,014 3,980 5,383 4,338 4,201 2,959
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.704 x 1.285 x 1.113 x 3.651 x 6.982 x 4.986 x 3.167 x 2.097 x
Free Cash Flow 1 1,168 1,760 672 -801 -787 1,168 762 889
ROE (net income / shareholders' equity) 19.8% 6.09% 15.9% - -2.1% -11.1% 3.68% 4.1%
ROA (Net income/ Total Assets) 8.7% 2.42% 6.82% -0.01% -0.72% -3% 0.3% 1.4%
Assets 1 9,306 10,455 10,356 23,529 48,188 17,530 58,236 15,576
Book Value Per Share 2 25.30 23.80 29.10 28.00 25.70 7.600 7.700 8.020
Cash Flow per Share - - - - - - - -
Capex 1 465 308 892 1,684 1,717 1,306 328 385
Capex / Sales 3.34% 2.42% 6.5% 11.28% 12.84% 12.33% 2.74% 3.34%
Announcement Date 04/02/20 04/02/21 01/02/22 09/02/23 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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
4.542 SEK
Average target price
7.367 SEK
Spread / Average Target
+62.19%
Consensus