Financials Studsvik AB London S.E.

Equities

0GO6

SE0000653230

Environmental Services & Equipment

Market Closed - London S.E. 09:34:36 22/12/2022 pm IST 5-day change 1st Jan Change
102 SEK -3.77% Intraday chart for Studsvik AB -22.36% -19.42%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 261.4 718.3 856.4 907.3 1,063 1,131 - -
Enterprise Value (EV) 1 344.3 743.1 811.5 888.4 1,094 1,091 1,058 1,037
P/E ratio -9.33 x 20.4 x 13.6 x 19 x 21.9 x 16.4 x 14.3 x 13.5 x
Yield - 1.14% 1.92% - 1.55% 2.18% 3.63% 3.63%
Capitalization / Revenue 0.4 x 1 x 1.07 x 1.11 x 1.29 x 1.27 x 1.24 x 1.2 x
EV / Revenue 0.53 x 1.03 x 1.02 x 1.09 x 1.33 x 1.23 x 1.16 x 1.1 x
EV / EBITDA 10.3 x 9.95 x 8.17 x 8.84 x 10.7 x 10.7 x 8.67 x 8.16 x
EV / FCF -8.87 x 12.3 x 13.3 x -36.4 x 21.3 x 21 x 18.6 x 16.7 x
FCF Yield -11.3% 8.15% 7.52% -2.75% 4.7% 4.77% 5.39% 5.98%
Price to Book 0.86 x 2.29 x 2.21 x 2.08 x 2.73 x 2.1 x 1.91 x 1.78 x
Nbr of stocks (in thousands) 8,219 8,219 8,219 8,219 8,219 8,219 - -
Reference price 2 31.80 87.40 104.2 110.4 129.4 137.6 137.6 137.6
Announcement Date 13/02/20 12/02/21 10/02/22 10/02/23 08/02/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 654 721.9 798.3 814.8 826 889 912 941
EBITDA 1 33.4 74.7 99.36 100.4 102.4 102 122 127
EBIT 1 -10.4 46 75.3 74.9 73.4 80 93 98
Operating Margin -1.59% 6.37% 9.43% 9.19% 8.89% 9% 10.2% 10.41%
Earnings before Tax (EBT) 1 -22.8 41.3 77.6 64.1 58.4 77 88 93
Net income 1 -28 35.2 63.2 47.9 48.6 69 79 84
Net margin -4.28% 4.88% 7.92% 5.88% 5.88% 7.76% 8.66% 8.93%
EPS 2 -3.410 4.280 7.690 5.820 5.910 8.410 9.620 10.22
Free Cash Flow 1 -38.8 60.6 61 -24.4 51.4 52 57 62
FCF margin -5.93% 8.39% 7.64% -2.99% 6.22% 5.85% 6.25% 6.59%
FCF Conversion (EBITDA) - 81.12% 61.39% - 50.17% 50.98% 46.72% 48.82%
FCF Conversion (Net income) - 172.16% 96.52% - 105.76% 75.36% 72.15% 73.81%
Dividend per Share 2 - 1.000 2.000 - 2.000 3.000 5.000 5.000
Announcement Date 13/02/20 12/02/21 10/02/22 10/02/23 08/02/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q3
Net sales 1 252.5 187.8 203.1 195.3 228.6 195.2
EBITDA 43 11.74 13.04 30.94 44.72 -
EBIT 38.5 7 8.2 26.1 33.5 -
Operating Margin 15.25% 3.73% 4.04% 13.36% 14.65% -
Earnings before Tax (EBT) 34.2 3.2 6.2 28.1 26.5 -
Net income 1 33 0.2 3.1 22.6 21.9 15.9
Net margin 13.07% 0.11% 1.53% 11.57% 9.58% 8.15%
EPS 2 4.010 0.0200 0.3800 2.750 2.670 1.930
Dividend per Share - - - - - -
Announcement Date 10/02/22 26/04/22 21/07/22 20/10/22 10/02/23 20/10/23
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 82.9 24.8 - - 31 - - -
Net Cash position 1 - - 44.9 18.9 - 40 73 94
Leverage (Debt/EBITDA) 2.482 x 0.332 x - - 0.3026 x - - -
Free Cash Flow 1 -38.8 60.6 61 -24.4 51.4 52 57 62
ROE (net income / shareholders' equity) -4.27% 11.4% 18.1% 11.6% 11.2% 13.7% 14% 13.7%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 36.80 38.10 47.10 53.10 47.40 65.40 72.00 77.30
Cash Flow per Share - - - - - - - -
Capex 1 32.7 23 58.4 24.7 41.7 45 50 50
Capex / Sales 5% 3.19% 7.32% 3.03% 5.05% 5.06% 5.48% 5.31%
Announcement Date 13/02/20 12/02/21 10/02/22 10/02/23 08/02/24 - - -
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

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