Financials Sweco AB Nasdaq Stockholm

Equities

SWEC A

SE0014960365

Construction & Engineering

Delayed Nasdaq Stockholm 17:00:00 20/06/2024 BST 5-day change 1st Jan Change
148.5 SEK +1.02% Intraday chart for Sweco AB -1.00% +9.19%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 42,536 53,666 60,838 35,813 48,548 53,857 - -
Enterprise Value (EV) 1 44,650 54,609 61,751 36,888 54,085 57,946 56,622 54,768
P/E ratio 31.4 x 41.5 x 40.7 x 21.7 x 29.1 x 25.7 x 22 x 20.3 x
Yield 1.72% 1.46% 1.44% 2.7% 2.18% 2.17% 2.43% 2.7%
Capitalization / Revenue 2.06 x 2.57 x 2.79 x 1.47 x 1.7 x 1.75 x 1.65 x 1.56 x
EV / Revenue 2.16 x 2.62 x 2.83 x 1.52 x 1.9 x 1.88 x 1.73 x 1.59 x
EV / EBITDA 20.7 x 26.7 x 26.9 x 14.9 x 19.2 x 17 x 15.1 x 13.7 x
EV / FCF 21.5 x 18 x 31.4 x 16.7 x 25.2 x 23.4 x 20 x 17 x
FCF Yield 4.64% 5.56% 3.19% 6% 3.97% 4.27% 5% 5.89%
Price to Book 5.95 x 7.11 x 7.08 x 3.6 x 4.6 x 4.66 x 4.21 x 3.85 x
Nbr of stocks (in thousands) 353,395 355,197 357,485 358,619 359,141 359,141 - -
Reference price 2 120.4 151.0 170.2 99.85 135.1 150.1 150.1 150.1
Announcement Date 12/02/20 11/02/21 11/02/22 09/02/23 09/02/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 20,629 20,858 21,792 24,296 28,523 30,838 32,650 34,434
EBITDA 1 2,160 2,044 2,294 2,481 2,811 3,400 3,742 4,009
EBIT 1 1,892 1,706 1,974 2,245 2,416 2,955 3,361 3,635
Operating Margin 9.17% 8.18% 9.06% 9.24% 8.47% 9.58% 10.29% 10.56%
Earnings before Tax (EBT) 1 1,777 1,608 1,897 2,156 2,179 2,705 3,158 3,444
Net income 1 1,393 1,293 1,492 1,652 1,667 2,101 2,450 2,672
Net margin 6.75% 6.2% 6.85% 6.8% 5.84% 6.81% 7.5% 7.76%
EPS 2 3.840 3.640 4.180 4.610 4.650 5.847 6.814 7.393
Free Cash Flow 1 2,073 3,038 1,968 2,213 2,146 2,472 2,832 3,227
FCF margin 10.05% 14.57% 9.03% 9.11% 7.52% 8.02% 8.67% 9.37%
FCF Conversion (EBITDA) 95.97% 148.63% 85.79% 89.2% 76.34% 72.71% 75.68% 80.48%
FCF Conversion (Net income) 148.82% 234.96% 131.9% 133.96% 128.73% 117.66% 115.59% 120.74%
Dividend per Share 2 2.067 2.200 2.450 2.700 2.950 3.254 3.643 4.058
Announcement Date 12/02/20 11/02/21 11/02/22 09/02/23 09/02/24 - - -
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 2025 Q1 2025 Q2
Net sales 1 5,920 6,077 6,116 5,372 6,732 7,140 7,249 6,417 7,717 7,720 7,930 6,931 8,290 8,305 8,252
EBITDA 1 661 713 547 443 777 913 634 536 728 868 899.4 640.9 981.7 - -
EBIT 1 582 629 535 387 693 839 532 428 618 778 787 535.2 854.2 1,093 845
Operating Margin 9.83% 10.35% 8.75% 7.2% 10.29% 11.75% 7.34% 6.67% 8.01% 10.08% 9.92% 7.72% 10.3% 13.16% 10.24%
Earnings before Tax (EBT) 1 564 608 515 366 666 800 474 359 546 714 722.8 474.5 797.2 1,041 792
Net income 1 454 463 409 278 502 625 357 268 417 558 567.6 366.5 629 806 614
Net margin 7.67% 7.62% 6.69% 5.17% 7.46% 8.75% 4.92% 4.18% 5.4% 7.23% 7.16% 5.29% 7.59% 9.7% 7.44%
EPS 2 1.270 1.290 1.140 0.7800 1.400 1.750 0.9900 0.7500 1.160 1.550 1.583 1.037 1.746 2.250 1.710
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 11/02/22 12/05/22 15/07/22 27/10/22 09/02/23 12/05/23 18/07/23 27/10/23 09/02/24 16/05/24 - - - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,114 943 913 1,075 5,537 4,088 2,765 910
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.9787 x 0.4614 x 0.398 x 0.4333 x 1.97 x 1.203 x 0.7388 x 0.227 x
Free Cash Flow 1 2,073 3,038 1,968 2,213 2,146 2,472 2,832 3,227
ROE (net income / shareholders' equity) 20.9% 17.6% 18.5% 17.8% 16.2% 19.3% 20.4% 20.2%
ROA (Net income/ Total Assets) 10.4% 6.59% 7.53% 7.95% 7.03% 9% 10% 10.6%
Assets 1 13,394 19,625 19,803 20,786 23,714 23,345 24,501 25,212
Book Value Per Share 2 20.20 21.30 24.00 27.70 29.40 32.20 35.60 39.00
Cash Flow per Share 2 6.340 9.160 6.150 7.000 6.980 5.800 6.400 7.700
Capex 1 226 211 231 302 358 378 404 425
Capex / Sales 1.1% 1.01% 1.06% 1.24% 1.26% 1.23% 1.24% 1.24%
Announcement Date 12/02/20 11/02/21 11/02/22 09/02/23 09/02/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
150.1 SEK
Average target price
164.2 SEK
Spread / Average Target
+9.39%
Consensus