SYNSAM AB |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 51.9 SEK | 0.00% |
|
-3.18% | +13.10% |
| 17/05 | Transcript : Synsam AB, Q1 2024 Earnings Call, May 17, 2024 | |
| 17/05 | Synsam AB Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 11,550 | 5,928 | 6,827 | 7,660 | - | - |
| Enterprise Value (EV) 1 | 13,940 | 8,897 | 9,547 | 10,238 | 9,909 | 9,408 |
| P/E ratio | 128 x | 18 x | 22 x | 16.6 x | 13.9 x | 10.5 x |
| Yield | 2.21% | 4.3% | 3.93% | 3.84% | 4.08% | 4.45% |
| Capitalization / Revenue | 2.47 x | 1.12 x | 1.16 x | 1.17 x | 1.07 x | 1 x |
| EV / Revenue | 2.99 x | 1.69 x | 1.62 x | 1.57 x | 1.39 x | 1.23 x |
| EV / EBITDA | 10.9 x | 7.31 x | 6.63 x | 6.11 x | 5.45 x | 4.7 x |
| EV / FCF | 19.7 x | 28.9 x | 10.6 x | 11.3 x | 8.52 x | 7.42 x |
| FCF Yield | 5.08% | 3.46% | 9.45% | 8.81% | 11.7% | 13.5% |
| Price to Book | 4.66 x | 2.28 x | 2.7 x | 2.85 x | 2.55 x | 2.18 x |
| Nbr of stocks (in thousands) | 1,50,000 | 1,50,000 | 1,49,055 | 1,47,600 | - | - |
| Reference price 2 | 77.00 | 39.52 | 45.80 | 51.90 | 51.90 | 51.90 |
| Announcement Date | 23/02/22 | 22/02/23 | 21/02/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 4,669 | 5,277 | 5,905 | 6,521 | 7,134 | 7,669 |
| EBITDA 1 | - | 1,274 | 1,217 | 1,440 | 1,675 | 1,819 | 2,000 |
| EBIT 1 | - | 718 | 552 | 696 | 906.4 | 969.3 | 1,117 |
| Operating Margin | - | 15.38% | 10.46% | 11.79% | 13.9% | 13.59% | 14.57% |
| Earnings before Tax (EBT) 1 | - | 163 | 415 | 415 | 603.2 | 707.7 | 934.5 |
| Net income 1 | -195.3 | 51 | 328 | 311 | 462.3 | 552.9 | 733 |
| Net margin | - | 1.09% | 6.22% | 5.27% | 7.09% | 7.75% | 9.56% |
| EPS 2 | -5.250 | 0.6000 | 2.190 | 2.080 | 3.126 | 3.734 | 4.950 |
| Free Cash Flow 1 | - | 708 | 308 | 902 | 902.5 | 1,164 | 1,268 |
| FCF margin | - | 15.16% | 5.84% | 15.28% | 13.84% | 16.31% | 16.53% |
| FCF Conversion (EBITDA) | - | 55.57% | 25.31% | 62.64% | 53.87% | 63.95% | 63.4% |
| FCF Conversion (Net income) | - | 1,388.24% | 93.9% | 290.03% | 195.21% | 210.43% | 172.99% |
| Dividend per Share 2 | - | 1.700 | 1.700 | 1.800 | 1.991 | 2.118 | 2.309 |
| Announcement Date | 20/10/21 | 23/02/22 | 22/02/23 | 21/02/24 | - | - | - |
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 | 1,245 | 1,186 | 1,399 | 1,319 | 1,373 | 1,411 | 1,566 | 1,450 | 1,479 | 1,521 | 1,740 | 1,610 | 1,649 |
| EBITDA 1 | 333 | 293 | 347 | 303 | 273 | 318 | 401 | 373 | 348 | 356 | 468.2 | 424 | 422 |
| EBIT 1 | 188 | 142 | 188 | 133 | 90 | 133 | 218 | 184 | 161 | 171 | 277 | 232 | 228 |
| Operating Margin | 15.1% | 11.97% | 13.44% | 10.08% | 6.55% | 9.43% | 13.92% | 12.69% | 10.89% | 11.24% | 15.92% | 14.41% | 13.83% |
| Earnings before Tax (EBT) 1 | 91 | 129 | 129 | 98 | 59 | 45 | 164 | 115 | 92 | 77 | 194 | 157 | 166 |
| Net income 1 | 47 | 99 | 97 | 80 | 51 | 19 | 140 | 90 | 61 | 56 | 146 | 118 | 125 |
| Net margin | 3.78% | 8.35% | 6.93% | 6.07% | 3.71% | 1.35% | 8.94% | 6.21% | 4.12% | 3.68% | 8.39% | 7.33% | 7.58% |
| EPS | - | - | 0.6500 | 0.5300 | 0.3400 | - | 0.9400 | 0.6100 | 0.4100 | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 23/02/22 | 11/05/22 | 24/08/22 | 16/11/22 | 22/02/23 | 16/05/23 | 22/08/23 | 17/11/23 | 21/02/24 | 17/05/24 | - | - | - |
1SEK in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 2,390 | 2,969 | 2,720 | 2,578 | 2,249 | 1,748 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 1.876 x | 2.44 x | 1.889 x | 1.539 x | 1.236 x | 0.8739 x |
| Free Cash Flow 1 | - | 708 | 308 | 902 | 903 | 1,164 | 1,268 |
| ROE (net income / shareholders' equity) | - | 11.3% | 13% | 12.2% | 17.7% | 19.5% | 22.2% |
| ROA (Net income/ Total Assets) | - | 0.69% | 4.2% | 3.87% | 5.96% | 7.09% | 7.52% |
| Assets 1 | - | 7,434 | 7,811 | 8,027 | 7,757 | 7,800 | 9,742 |
| Book Value Per Share 2 | - | 16.50 | 17.30 | 17.00 | 18.20 | 20.40 | 23.80 |
| Cash Flow per Share 2 | - | 11.50 | 4.610 | 7.720 | 7.800 | 10.20 | 10.70 |
| Capex 1 | - | 272 | 382 | 248 | 322 | 317 | 327 |
| Capex / Sales | - | 5.83% | 7.24% | 4.2% | 4.93% | 4.44% | 4.26% |
| Announcement Date | 20/10/21 | 23/02/22 | 22/02/23 | 21/02/24 | - | - | - |
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
BUY
Number of Analysts
4
Last Close Price
51.9
SEK
Average target price
64.5
SEK
Spread / Average Target
+24.28%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +13.10% | 725M | |
| -39.85% | 989M | |
| -14.89% | 581M | |
| -34.90% | 310M | |
| +18.28% | 182M | |
| +37.02% | 196M | |
| -21.60% | 128M | |
| -6.81% | 107M | |
| +0.33% | 92.65M | |
| +13.38% | 78.91M |
- Stock Market
- Equities
- SYNSAM Stock
- Financials Synsam AB
