BHG GROUP AB |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 14 SEK | -4.83% |
|
-20.95% | -0.43% |
| 04-25 | Transcript : BHG Group AB, Q1 2024 Earnings Call, Apr 25, 2024 | |
| 04-25 | BHG Group AB Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 6,270 | 19,197 | 11,818 | 3,328 | 2,520 | 2,509 | - | - |
| Enterprise Value (EV) 1 | 6,818 | 21,662 | 14,070 | 4,872 | 4,707 | 4,636 | 4,524 | 4,455 |
| P/E ratio | 35.6 x | 47.1 x | 24 x | 74.3 x | -1.61 x | 66.7 x | 11.9 x | - |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 1.01 x | 2.14 x | 0.93 x | 0.25 x | 0.21 x | 0.23 x | 0.22 x | 0.22 x |
| EV / Revenue | 1.1 x | 2.42 x | 1.11 x | 0.36 x | 0.4 x | 0.43 x | 0.39 x | 0.38 x |
| EV / EBITDA | 14.6 x | 24 x | 12.7 x | 5.99 x | 8.13 x | 7.53 x | 6.86 x | 6.36 x |
| EV / FCF | 23.3 x | 24.1 x | -64.9 x | -16 x | 3.45 x | 55 x | 11.7 x | 10.8 x |
| FCF Yield | 4.3% | 4.16% | -1.54% | -6.24% | 29% | 1.82% | 8.53% | 9.23% |
| Price to Book | 2.17 x | 6.89 x | 2.22 x | 0.44 x | 0.4 x | 0.4 x | 0.39 x | 0.39 x |
| Nbr of stocks (in thousands) | 107,368 | 107,368 | 123,816 | 179,234 | 179,234 | 179,234 | - | - |
| Reference price 2 | 58.40 | 178.8 | 95.45 | 18.57 | 14.06 | 14.00 | 14.00 | 14.00 |
| Announcement Date | 31/01/20 | 29/01/21 | 28/01/22 | 27/01/23 | 26/01/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 6,212 | 8,968 | 12,666 | 13,434 | 11,790 | 10,710 | 11,488 | 11,664 |
| EBITDA 1 | 467 | 902.7 | 1,105 | 813.8 | 578.9 | 616 | 659 | 700 |
| EBIT 1 | 282 | 657.8 | 710.6 | -183.9 | -1,374 | 163 | 211 | 252 |
| Operating Margin | 4.54% | 7.33% | 5.61% | -1.37% | -11.66% | 1.52% | 1.84% | 2.16% |
| Earnings before Tax (EBT) 1 | 233.1 | 550.3 | 630.9 | -18.3 | -1,593 | 60.66 | 289.6 | - |
| Net income 1 | 176.2 | 415.1 | 485.3 | 34.1 | -1,565 | 38.22 | 210.9 | - |
| Net margin | 2.84% | 4.63% | 3.83% | 0.25% | -13.27% | 0.36% | 1.84% | - |
| EPS 2 | 1.640 | 3.800 | 3.970 | 0.2500 | -8.730 | 0.2100 | 1.180 | - |
| Free Cash Flow 1 | 293.1 | 900.7 | -216.9 | -304.2 | 1,366 | 84.3 | 386 | 411 |
| FCF margin | 4.72% | 10.04% | -1.71% | -2.26% | 11.58% | 0.79% | 3.36% | 3.52% |
| FCF Conversion (EBITDA) | 62.76% | 99.78% | - | - | 235.91% | 13.69% | 58.57% | 58.71% |
| FCF Conversion (Net income) | 166.35% | 216.98% | - | - | - | 220.57% | 183.03% | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 31/01/20 | 29/01/21 | 28/01/22 | 27/01/23 | 26/01/24 | - | - | - |
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 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,487 | 3,111 | 3,908 | 3,107 | 3,308 | 2,618 | 3,482 | 2,862 | 2,829 | 2,681 | 2,490 | 2,914 |
| EBITDA 1 | 275.7 | 232.4 | 269.2 | 162.9 | 149.4 | 60 | 225.7 | 139.1 | 154.1 | 188 | 142 | 193 |
| EBIT 1 | 157.4 | 97.9 | 123.4 | -361.5 | -43.7 | -100.1 | 68.8 | -1,299 | -43.6 | 76 | 30 | 81 |
| Operating Margin | 4.51% | 3.15% | 3.16% | -11.64% | -1.32% | -3.82% | 1.98% | -45.4% | -1.54% | 2.83% | 1.2% | 2.78% |
| Earnings before Tax (EBT) | 149 | 128.4 | 209.3 | -175.8 | -180.3 | -146.5 | 29.7 | -1,367 | -109.1 | - | - | - |
| Net income | 114.9 | 109.8 | 191 | -87.1 | -179.6 | -117.9 | 21.8 | -1,309 | -159.7 | - | - | - |
| Net margin | 3.29% | 3.53% | 4.89% | -2.8% | -5.43% | -4.5% | 0.63% | -45.73% | -5.65% | - | - | - |
| EPS | 0.9200 | 0.8900 | - | -0.6200 | - | -0.6600 | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 28/01/22 | 27/04/22 | 20/07/22 | 27/10/22 | 27/01/23 | 27/04/23 | 20/07/23 | 26/10/23 | 26/01/24 | - | - | - |
1SEK in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 548 | 2,465 | 2,251 | 1,543 | 2,187 | 2,127 | 2,014 | 1,946 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.173 x | 2.731 x | 2.038 x | 1.897 x | 3.777 x | 3.453 x | 3.057 x | 2.78 x |
| Free Cash Flow 1 | 293 | 901 | -217 | -304 | 1,366 | 84.3 | 386 | 411 |
| ROE (net income / shareholders' equity) | 6.21% | 14.6% | 12.1% | 9.25% | -2.03% | 0.5% | 2.33% | 2% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 26.90 | 26.00 | 43.10 | 42.50 | 35.40 | 35.40 | 36.00 | 35.60 |
| Cash Flow per Share 2 | - | - | -0.1900 | -0.7700 | 8.650 | 1.300 | 3.100 | 3.500 |
| Capex 1 | 98 | 93.6 | 194 | 199 | 185 | 159 | 172 | 210 |
| Capex / Sales | 1.58% | 1.04% | 1.53% | 1.48% | 1.56% | 1.49% | 1.5% | 1.8% |
| Announcement Date | 31/01/20 | 29/01/21 | 28/01/22 | 27/01/23 | 26/01/24 | - | - | - |
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
B-
Sell
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
14
SEK
Average target price
17
SEK
Spread / Average Target
+21.43%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -0.43% | 229M | |
| -2.53% | 184B | |
| -8.43% | 91.88B | |
| +41.15% | 91.6B | |
| -10.53% | 71.28B | |
| +13.73% | 53.58B | |
| +19.26% | 26.35B | |
| +17.48% | 10.05B | |
| -11.43% | 8.53B | |
| -15.19% | 5.59B |
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- BHG Stock
- Financials BHG Group AB
