Financials International Petroleum Corporation Nasdaq Stockholm

Equities

IPCO

CA46016U1084

Oil & Gas Exploration and Production

Market Closed - Nasdaq Stockholm 16:29:33 10/05/2024 BST 5-day change 1st Jan Change
144.3 SEK +2.34% Intraday chart for International Petroleum Corporation +7.69% +18.86%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 703.2 342.7 861.3 1,554 1,511 1,682 - -
Enterprise Value (EV) 1 934.7 663.9 955.6 1,379 1,453 1,883 1,892 1,765
P/E ratio 7.1 x -4.41 x 6.08 x 5.05 x 9.29 x 10.6 x 12.8 x 13.7 x
Yield - - - - - - - -
Capitalization / Revenue 1.27 x 1.06 x 1.29 x 1.37 x 1.77 x 1.85 x 1.97 x 2.37 x
EV / Revenue 1.69 x 2.05 x 1.43 x 1.21 x 1.7 x 2.07 x 2.21 x 2.49 x
EV / EBITDA 3.09 x 6.12 x 2.89 x 2.16 x 4.2 x 5.31 x 5.81 x 7.2 x
EV / FCF 10.4 x -708 x 3.64 x 3.21 x 540 x -16.1 x 81.6 x 29.9 x
FCF Yield 9.63% -0.14% 27.5% 31.2% 0.19% -6.19% 1.23% 3.34%
Price to Book 0.89 x 0.48 x 1.02 x 1.77 x 1.4 x 1.38 x 1.2 x 1.11 x
Nbr of stocks (in thousands) 159,799 155,343 154,037 136,828 126,992 125,152 - -
Reference price 2 4.400 2.206 5.592 11.36 11.90 13.44 13.44 13.44
Announcement Date 11/02/20 09/02/21 08/02/22 07/02/23 06/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 553.7 324.2 666.4 1,136 853.9 910.1 855.4 709.1
EBITDA 1 302.5 108.5 330.8 639.5 345.7 354.6 325.4 245
EBIT 1 140.9 -23.63 198 502.3 251.1 226.2 252.9 178.2
Operating Margin 25.44% -7.29% 29.71% 44.22% 29.4% 24.85% 29.57% 25.14%
Earnings before Tax (EBT) 1 122.8 -111.8 167.7 465.1 228.3 205.9 161.3 51.86
Net income 1 103.6 -77.85 146 337.7 173 160.2 160.8 113.4
Net margin 18.7% -24.02% 21.91% 29.73% 20.25% 17.6% 18.8% 16%
EPS 2 0.6200 -0.5000 0.9200 2.250 1.280 1.266 1.049 0.9834
Free Cash Flow 1 90.05 -0.938 262.9 430.2 2.689 -116.6 23.18 59
FCF margin 16.26% -0.29% 39.45% 37.87% 0.31% -12.81% 2.71% 8.32%
FCF Conversion (EBITDA) 29.77% - 79.48% 67.28% 0.78% - 7.12% 24.08%
FCF Conversion (Net income) 86.95% - 180.02% 127.41% 1.55% - 14.41% 52.01%
Dividend per Share 2 - - - - - - - -
Announcement Date 11/02/20 09/02/21 08/02/22 07/02/23 06/02/24 - - -
1USD in Million2USD
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 1 215.3 261.3 317.4 300.8 256.5 192.5 205.6 257.4 198.5 206.4 225.2 218.1 224
EBITDA 1 110.1 145.5 194 174.3 125.7 76.08 85.2 123.1 66.28 87.02 91.83 88.27 91.07
EBIT 1 76.4 114.9 158 137.7 91.67 60.19 48.59 101.4 40.91 - 60.74 57.9 59.58
Operating Margin 35.49% 43.98% 49.77% 45.78% 35.74% 31.26% 23.64% 39.39% 20.61% - 26.97% 26.55% 26.59%
Earnings before Tax (EBT) 1 72.33 108.3 142.7 128.5 85.67 55.17 41.63 97.13 34.4 41.46 55.92 52.73 55.76
Net income 1 66.91 80.81 105.2 90.49 61.19 39.56 32.02 71.67 29.7 33.71 43.34 40.95 43.39
Net margin 31.08% 30.92% 33.14% 30.09% 23.86% 20.55% 15.58% 27.85% 14.97% 16.33% 19.24% 18.78% 19.37%
EPS 2 0.4200 0.5100 0.6800 0.6200 0.4400 0.2800 0.2400 0.5400 0.2300 0.2600 0.3253 0.3078 0.3364
Dividend per Share 2 - - - - - - - - - - - - -
Announcement Date 08/02/22 03/05/22 02/08/22 01/11/22 07/02/23 02/05/23 01/08/23 31/10/23 06/02/24 07/05/24 - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 232 321 94.3 - - 201 210 82.8
Net Cash position 1 - - - 175 58 - - -
Leverage (Debt/EBITDA) 0.7653 x 2.962 x 0.2851 x - - 0.5661 x 0.6444 x 0.3378 x
Free Cash Flow 1 90.1 -0.94 263 430 2.69 -117 23.2 59
ROE (net income / shareholders' equity) 13.9% -3.58% 18.8% 37.3% 16.9% 15.8% 12.6% 7.7%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 4.950 4.560 5.500 6.430 8.510 9.700 11.20 12.10
Cash Flow per Share 2 1.630 0.4900 1.770 4.010 2.560 2.480 2.150 1.620
Capex 1 181 82 44.2 164 313 441 271 147
Capex / Sales 32.69% 25.3% 6.64% 14.39% 36.62% 48.46% 31.63% 20.66%
Announcement Date 11/02/20 09/02/21 08/02/22 07/02/23 06/02/24 - - -
1USD in Million2USD
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
13.44 USD
Average target price
14.66 USD
Spread / Average Target
+9.07%
Consensus
  1. Stock Market
  2. Equities
  3. IPCO Stock
  4. IPCO Stock
  5. Financials International Petroleum Corporation