Financials Hanza AB

Equities

HANZA

SE0005878543

Electronic Equipment & Parts

Market Closed - Nasdaq Stockholm 16:29:37 10/05/2024 BST 5-day change 1st Jan Change
59.2 SEK +1.98% Intraday chart for Hanza AB +4.13% -30.60%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 531.8 474 2,304 2,007 3,684 2,534 - -
Enterprise Value (EV) 1 966.2 814.1 2,907 2,007 4,047 3,067 3,245 2,906
P/E ratio 21.4 x -349 x 28.5 x 15.5 x 16.1 x 12.1 x 8.01 x 6.51 x
Yield - 1.79% 0.78% - 1.41% 2.12% 3.14% 4.04%
Capitalization / Revenue 0.26 x 0.22 x 0.92 x 0.57 x 0.89 x 0.48 x 0.43 x 0.4 x
EV / Revenue 0.47 x 0.38 x 1.16 x 0.57 x 0.98 x 0.59 x 0.56 x 0.46 x
EV / EBITDA 6.48 x 5.87 x 12.5 x 6.36 x 8.72 x 5.87 x 4.94 x 3.99 x
EV / FCF 13.5 x 6.49 x -48.8 x - - 279 x 13.2 x 8.79 x
FCF Yield 7.4% 15.4% -2.05% - - 0.36% 7.55% 11.4%
Price to Book 0.94 x 1 x 3.89 x - - 1.64 x 1.41 x 1.17 x
Nbr of stocks (in thousands) 33,980 33,980 35,780 39,280 43,189 43,659 - -
Reference price 2 15.65 13.95 64.40 51.10 85.30 58.05 58.05 58.05
Announcement Date 18/02/20 16/02/21 15/02/22 14/02/23 13/02/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,068 2,155 2,515 3,549 4,143 5,242 5,846 6,326
EBITDA 1 149 138.6 232.1 315.7 464 522 656.7 727.9
EBIT 1 56.8 31.3 127.5 193.3 327 363.6 463 537.1
Operating Margin 2.75% 1.45% 5.07% 5.45% 7.89% 6.94% 7.92% 8.49%
Earnings before Tax (EBT) 1 32.3 8.9 99.7 143 247 257.5 389.9 471
Net income 1 23.6 -1.4 80.1 121.3 214 212.7 317 390.8
Net margin 1.14% -0.06% 3.18% 3.42% 5.17% 4.06% 5.42% 6.18%
EPS 2 0.7300 -0.0400 2.260 3.300 5.310 4.785 7.250 8.923
Free Cash Flow 1 71.5 125.4 -59.6 - - 11 245 330.5
FCF margin 3.46% 5.82% -2.37% - - 0.21% 4.19% 5.22%
FCF Conversion (EBITDA) 47.99% 90.48% - - - 2.11% 37.31% 45.4%
FCF Conversion (Net income) 302.97% - - - - 5.17% 77.28% 84.57%
Dividend per Share 2 - 0.2500 0.5000 - 1.200 1.233 1.825 2.345
Announcement Date 18/02/20 16/02/21 15/02/22 14/02/23 13/02/24 - - -
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 1 717 824 885.8 838.4 1,001 1,065 1,068 955 1,056 1,253 1,288 1,271 1,436
EBITDA 1 67.4 66.4 82.3 - - 117 121 119 108 104 120 136 155
EBIT 1 38.9 36.9 53.1 45.9 57.4 84 88 85 71 61 78 94 114
Operating Margin 5.43% 4.48% 5.99% 5.47% 5.73% 7.89% 8.24% 8.9% 6.72% 4.87% 6.06% 7.4% 7.94%
Earnings before Tax (EBT) 1 31.6 25.3 40.2 - - 70 72 58 48 35 56 71 92
Net income 1 25.1 19.2 36.2 - - 59 60 49 47 34 47 60 77
Net margin 3.5% 2.33% 4.09% - - 5.54% 5.62% 5.13% 4.45% 2.71% 3.65% 4.72% 5.36%
EPS 2 0.7000 0.5400 1.010 0.7200 1.040 1.470 1.490 1.210 1.150 0.7700 1.050 1.340 1.740
Dividend per Share - - - - - - - - - - - - -
Announcement Date 15/02/22 03/05/22 26/07/22 08/11/22 14/02/23 03/05/23 25/07/23 07/11/23 13/02/24 07/05/24 - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 434 340 603 - 363 532 711 372
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.915 x 2.454 x 2.597 x - 0.7823 x 1.02 x 1.082 x 0.511 x
Free Cash Flow 1 71.5 125 -59.6 - - 11 245 331
ROE (net income / shareholders' equity) 8.13% 4.28% 15.1% - - 14.5% 18% 18.8%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 16.60 14.00 16.50 - - 35.40 41.20 49.80
Cash Flow per Share - 5.350 - - - - - -
Capex 1 50.5 56.4 141 - - 183 256 275
Capex / Sales 2.44% 2.62% 5.61% - - 3.49% 4.38% 4.35%
Announcement Date 18/02/20 16/02/21 15/02/22 14/02/23 13/02/24 - - -
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
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
58.05 SEK
Average target price
84.25 SEK
Spread / Average Target
+45.13%
Consensus