Financials Sagax Nasdaq Stockholm

Stocks

SAGA B

SE0005127818

Real Estate Development & Operations

Market Closed - Nasdaq Stockholm Other stock markets 09:30:00 06/07/2026 pm IST			5-day change	1st Jan Change
167.00 ^SEK	+1.40%		+11.63%	-15.49%

03/07	Upbeat finish to the trading week in Stockholm, OMXS30 index rose 1.1 percent	FW
03/07	Still-smiling faces on the Stockholm stock market, OMXS30 up 0.7 percent	FW

Projected Income Statement: Sagax

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	3,123	3,727	4,318	5,063	5,402	5,510	5,770	5,973
Change	-	19.34%	15.86%	17.25%	6.7%	2%	4.71%	3.53%
EBITDA ¹	2,426	2,858	3,369	4,004	4,254	4,693	4,959	5,179
Change	-	17.81%	17.88%	18.85%	6.24%	10.31%	5.67%	4.44%
EBIT ¹	5,144	3,624	4,306	5,112	5,362	5,559	5,817	6,063
Change	-	-29.55%	18.82%	18.72%	4.89%	3.67%	4.64%	4.23%
Interest Paid ¹	-334	-285	-426	-786	-1,002	-1,103	-1,227	-1,320
Earnings before Tax (EBT) ¹	10,543	3,305	159	5,732	4,485	5,543	5,571	5,725
Change	-	-68.65%	-95.19%	3,505.03%	-21.76%	23.59%	0.5%	2.78%
Net income ¹	9,807	2,718	-13	5,255	4,048	4,194	4,134	4,266
Change	-	-72.29%	-100.48%	40,523.08%	-22.97%	3.6%	-1.43%	3.2%
Announcement Date	11/02/22	17/02/23	22/02/24	21/02/25	09/02/26	-	-	-

¹SEK in Million

Estimates

Fiscal Period: December	2021 Q2	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	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4
Net sales ¹	776	793	810	891	908	954	974	1,011	1,045	1,117	1,146	1,193	1,213	1,339	1,317	1,311	1,321	1,374	1,397	1,353	1,381	1,390	1,398	1,411	1,415	-	-
Change	-	2.19%	2.14%	10%	1.91%	5.07%	2.1%	3.8%	3.36%	6.89%	2.6%	4.1%	1.68%	10.39%	-1.64%	-0.46%	0.76%	4.01%	1.67%	-3.15%	2.1%	0.64%	0.53%	0.95%	0.28%	-	-
EBITDA ¹	616	637	602	-	-	770	703	767	832	903	866	917	968	1,082	1,036	1,017	1,058	1,105	1,074	1,017	1,107	1,134	1,093	-	-	-	-
Change	-	3.41%	-5.49%	-	-	-	-8.7%	9.1%	8.47%	8.53%	-4.1%	5.89%	5.56%	11.78%	-4.25%	-1.83%	4.03%	4.44%	-2.81%	-5.31%	8.81%	2.49%	-3.68%	-	-	-	-
EBIT ¹	1,324	1,230	1,546	-	-	984	863	952	1,269	-	1,105	1,155	1,261	1,384	1,311	1,298	1,363	1,438	1,379	1,317	1,431	1,441	1,378	1,398	1,490	-	-
Change	-	-7.1%	25.69%	-	-	-	-12.3%	10.31%	33.3%	-	-	4.52%	9.18%	9.75%	-5.27%	-0.99%	5.01%	5.5%	-4.1%	-4.5%	8.63%	0.72%	-4.4%	1.48%	6.58%	-	-
Charge d'intérêts ¹	-72	-89	-77	-71	-80	-74	-53	-	-71	-149	-196	-162	-360	-207	-219	-231	-240	-261	-271	-286	-255.7	-245.3	-314	-292	-293	-	-
Earnings before Tax (EBT) ¹	2,147	1,794	4,090	1,780	396	888	241	-232	119	674	-402	1,187	1,060	2,352	1,133	1,004	556	1,017	1,908	1,602	1,324	1,318	1,214	1,122	1,207	1,260	1,195
Change	-	-16.44%	127.98%	-56.48%	-77.75%	124.24%	-72.86%	-196.27%	151.29%	466.39%	-159.64%	395.27%	-10.7%	121.89%	-51.83%	-11.39%	-44.62%	82.91%	87.61%	-16.04%	-17.33%	-0.52%	-7.86%	-7.58%	7.56%	4.43%	-5.18%
Net income ¹	2,146	1,610	3,893	1,581	161	702	274	-267	53	634	-433	1,080	978	2,198	999	878	476	895	1,799	1,376	1,045	1,039	957.7	882.7	950	1,001	948.8
Change	-	-24.98%	141.8%	-59.39%	-89.82%	336.02%	-60.97%	-197.45%	119.85%	1,096.23%	-168.3%	349.42%	-9.44%	124.74%	-54.55%	-12.11%	-45.79%	88.03%	101.01%	-23.51%	-24.07%	-0.57%	-7.81%	-7.83%	7.62%	5.34%	-5.18%
Announcement Date	15/07/21	28/10/21	11/02/22	11/05/22	14/07/22	27/10/22	17/02/23	09/05/23	17/07/23	27/10/23	22/02/24	08/05/24	15/07/24	25/10/24	21/02/25	08/05/25	14/07/25	24/10/25	09/02/26	08/05/26	-	-	-	-	-	-	-

¹SEK in Million

Estimates

Forecast Balance Sheet: Sagax

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	26,269	31,316	30,315	34,847	38,630	39,076	39,635	38,711
Change	-	19.21%	-3.2%	14.95%	10.86%	1.15%	1.43%	-2.33%
Announcement Date	11/02/22	17/02/23	22/02/24	21/02/25	09/02/26	-	-	-

¹SEK in Million

Estimates

Cash Flow Forecast: Sagax

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	658	715	902	1,129	978	1,482	914.7	941.7
Change	-	8.66%	26.15%	25.17%	-13.37%	51.5%	-38.27%	2.95%
Free Cash Flow (FCF) ¹	-2,236	2,512	2,663	2,222	2,639	706	2,666	2,782
Change	-	212.34%	6.01%	-16.56%	18.77%	-73.25%	277.62%	4.35%
Announcement Date	11/02/22	17/02/23	22/02/24	21/02/25	09/02/26	-	-	-

¹SEK in Million

Estimates

Forecast Financial Ratios: Sagax

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	77.68%	76.68%	78.02%	79.08%	78.75%	85.16%	85.94%	86.71%
EBIT Margin (%)	164.71%	97.24%	99.72%	100.97%	99.26%	100.88%	100.81%	101.5%
EBT Margin (%)	337.59%	88.68%	3.68%	113.21%	83.02%	100.59%	96.54%	95.85%
Net margin (%)	314.02%	72.93%	-0.3%	103.79%	74.94%	76.11%	71.64%	71.41%
FCF margin (%)	-71.6%	67.4%	61.67%	43.89%	48.85%	12.81%	46.2%	46.57%
FCF / Net Income (%)	-22.8%	92.42%	-20,484.62%	42.28%	65.19%	16.83%	64.49%	65.22%
Profitability
ROA	17.98%	4.05%	5.14%	6.68%	-	-	-	-
ROE	37%	8.4%	10.68%	13.5%	9.6%	9.35%	8.27%	7.89%
Financial Health
Leverage (Debt/EBITDA)	10.83x	10.96x	9x	8.7x	9.08x	8.33x	7.99x	7.47x
Debt / Free cash flow	-11.75x	12.47x	11.38x	15.68x	14.64x	55.35x	14.87x	13.91x
Capital Intensity
CAPEX / Current Assets (%)	21.07%	19.18%	20.89%	22.3%	18.1%	26.89%	15.85%	15.76%
CAPEX / EBITDA (%)	27.12%	25.02%	26.77%	28.2%	22.99%	31.57%	18.44%	18.18%
CAPEX / FCF (%)	-29.43%	28.46%	33.87%	50.81%	37.06%	209.87%	34.31%	33.85%
Items per share
Cash flow per share ¹	-	-	-	-	10.69	10.72	11.03	-
Change	-	-	-	-	-	0.29%	2.85%	-
Dividend per Share ¹	-	-	-	-	3.7	3.771	3.944	4.062
Change	-	-	-	-	-	1.93%	4.58%	2.99%
Book Value Per Share ¹	-	-	-	-	-	133.2	145.8	158.6
Change	-	-	-	-	-	-	9.47%	8.75%
EPS ¹	-	-	-	-	-	14.35	15.81	16.17
Change	-	-	-	-	-	-	10.17%	2.3%
Nbr of stocks (in thousands)	-	-	-	-	4,64,709	4,64,709	4,64,709	4,64,709
Announcement Date	-	-	-	-	09/02/26	-	-	-