| Income Statement Evolution | |
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| Annual Income Statement Data |
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Actuals in M SEK |
Estimates in M SEK |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Sales | 11 571 | 12 856 | 12 991 | 13 089 | 13 785 | 14 542 | | Operating income (EBITDA) | 4 306 | 4 683 | 3 935 | 3 918 | 4 429 | 4 939 | | Operating profit (EBIT) | 2 529 | 2 644 | 1 791 | 1 722 | 2 209 | 2 757 | | Pre-Tax Profit (EBT) | 1 977 | 2 040 | 1 243 | 1 208 | 1 798 | 2 546 | | Net income | 1 444 | 1 616 | 1 209 | 974 | 1 436 | 2 028 | | EPS ( SEK) | 4,72 | 5,32 | 4,00 | 3,28 | 4,66 | 6,24 | | Dividend per Share ( SEK) | 2,00 | 2,25 | 2,25 | 2,23 | 2,64 | 3,14 | | Yield | 2,44% | 2,75% | 2,75% | 2,73% | 3,23% | 3,83% | | Announcement Date | 02/14/2011 07:00am | 02/17/2012 07:00am | 02/19/2013 07:00am | - | - | - |
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Actuals in M SEK |
Estimates in M SEK |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | 13 524 | 17 361 | 15 449 | 13 735 | 11 682 | 9 311 | | Finance | - | - | - | - | - | - | | Operating income (EBITDA) | 4 306 | 4 683 | 3 935 | 3 918 | 4 429 | 4 939 | Leverage (Debt/EBITDA) | 3,14x | 3,71x | 3,93x | 3,51x | 2,64x | 1,89x | | Capital Expenditure | - | 4 115 | 126 | 227 | 239 | 223 | | Book Value Per Share (BVPS) | 46,1 SEK | 49,5 SEK | 50,0 SEK | 50,9 SEK | 53,5 SEK | 57,5 SEK | | Cash Flow per Share | 8,39 SEK | 9,07 SEK | 9,31 SEK | 10,2 SEK | 11,7 SEK | 13,3 SEK | | Announcement Date | 02/14/2011 07:00am | 02/17/2012 07:00am | 02/19/2013 07:00am | - | - | - |
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Assessed data source : © 2013 Thomson Reuters |
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Valuation |
2013e |
2014e |
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PER (Price / EPS)
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25,0x |
17,6x |
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Capitalization / Revenue
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1,90x |
1,80x |
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EV / Revenue
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2,95x |
2,65x |
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EV / EBITDA
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9,85x |
8,25x |
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Yield (DPS / Price)
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2,73% |
3,23% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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13,2% |
16,0% |
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operating laverage (Delta EBIT / Delta Sales)
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- |
5,31x |
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Net Margin (Net Profit / Revenue)
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7,44% |
10,4% |
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ROA (Net Profit / Asset)
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4,70% |
5,80% |
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ROE (Net Profit / Equities)
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8,26% |
8,79% |
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Rate of Dividend
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68,0% |
56,7% |
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