Financials Electrolux AB London S.E.

Equities

ELXB

SE0016589188

Appliances, Tools & Housewares

Market Closed - London S.E. 11:12:52 2024-03-01 am EST 5-day change 1st Jan Change
89.6 SEK +1.89% Intraday chart for Electrolux AB +1.28% -17.11%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 66,106 54,999 62,444 38,229 29,296 25,945 - -
Enterprise Value (EV) 1 73,789 56,555 71,035 62,077 55,522 51,444 49,525 45,806
P/E ratio 26.5 x 8.36 x 13.5 x -29.3 x -5.58 x 95.5 x 8.27 x 7.16 x
Yield - 4.18% 4.19% - - 0.41% 5.89% 7.39%
Capitalization / Revenue 0.56 x 0.47 x 0.5 x 0.28 x 0.22 x 0.2 x 0.19 x 0.18 x
EV / Revenue 0.62 x 0.49 x 0.57 x 0.46 x 0.41 x 0.39 x 0.36 x 0.32 x
EV / EBITDA 7.66 x 5.46 x 5.91 x 9.98 x 8.3 x 6.24 x 4.16 x 3.55 x
EV / FCF 60.5 x 8.3 x 56.9 x -7 x -156 x -68 x 15.5 x 10.6 x
FCF Yield 1.65% 12.1% 1.76% -14.3% -0.64% -1.47% 6.45% 9.4%
Price to Book 2.93 x 2.94 x 3.34 x 2.31 x 2.59 x 2.27 x 1.77 x 1.5 x
Nbr of stocks (in thousands) 287,397 287,397 283,420 270,028 270,028 270,028 - -
Reference price 2 229.9 191.4 219.5 140.8 108.1 95.46 95.46 95.46
Announcement Date 1/31/20 2/2/21 1/28/22 2/2/23 2/2/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 118,981 115,960 125,631 134,880 134,451 131,933 137,539 143,203
EBITDA 1 9,637 10,365 12,017 6,221 6,691 8,239 11,911 12,891
EBIT 1 4,533 5,778 7,528 831 414 1,883 5,810 6,157
Operating Margin 3.81% 4.98% 5.99% 0.62% 0.31% 1.43% 4.22% 4.3%
Earnings before Tax (EBT) 1 2,456 5,096 6,255 -1,672 -5,111 415.3 3,977 3,990
Net income 1 2,509 6,584 4,677 -1,320 -5,227 540.9 2,993 3,796
Net margin 2.11% 5.68% 3.72% -0.98% -3.89% 0.41% 2.18% 2.65%
EPS 2 8.690 22.88 16.21 -4.810 -19.36 0.9999 11.55 13.33
Free Cash Flow 1 1,219 6,816 1,249 -8,869 -355 -756 3,195 4,305
FCF margin 1.02% 5.88% 0.99% -6.58% -0.26% -0.57% 2.32% 3.01%
FCF Conversion (EBITDA) 12.65% 65.76% 10.39% - - - 26.82% 33.39%
FCF Conversion (Net income) 48.59% 103.52% 26.71% - - - 106.74% 113.4%
Dividend per Share 2 - 8.000 9.200 - - 0.3936 5.621 7.053
Announcement Date 1/31/20 2/2/21 1/28/22 2/2/23 2/2/24 - - -
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
Net sales 1 35,372 30,118 33,749 35,244 35,769 32,734 32,653 33,427 35,636 31,077 32,664 35,283 37,571 30,620
EBITDA 1 2,726 2,151 1,888 1,374 809 1,806 2,099 1,937 876 865 1,540 2,426 3,003 1,844
EBIT 1 1,609 919 560 -35 -612 305 519 341 -724 -720 384 1,001 1,485 650
Operating Margin 4.55% 3.05% 1.66% -0.1% -1.71% 0.93% 1.59% 1.02% -2.03% -2.32% 1.18% 2.84% 3.95% 2.12%
Earnings before Tax (EBT) 1 700 1,323 265 -786 -2,474 -770 -630 75 -3,785 -1,279 -44.25 756.2 887.2 226
Net income 1 596 950 257 -605 -1,922 -588 -648 123 -4,113 -1,230 -34.25 577.8 679 174
Net margin 1.68% 3.15% 0.76% -1.72% -5.37% -1.8% -1.98% 0.37% -11.54% -3.96% -0.1% 1.64% 1.81% 0.57%
EPS 2 2.070 3.370 0.9200 -2.230 -7.120 -2.180 -2.400 0.4500 -15.23 -4.550 -0.3088 1.886 2.683 -
Dividend per Share 2 9.200 - - - - - - - - - - - 0.7000 1.000
Announcement Date 1/28/22 4/29/22 7/21/22 10/28/22 2/2/23 4/28/23 7/20/23 10/27/23 2/2/24 4/26/24 - - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 7,683 1,556 8,591 23,848 26,226 25,499 23,580 19,861
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.7972 x 0.1501 x 0.7149 x 3.833 x 3.92 x 3.095 x 1.98 x 1.541 x
Free Cash Flow 1 1,219 6,816 1,249 -8,869 -355 -756 3,195 4,305
ROE (net income / shareholders' equity) 11.4% 34.1% 25.1% -7% -33.7% 4.7% 21.3% 22%
ROA (Net income/ Total Assets) 2.46% 3.86% 4.51% -0.6% -4.2% 0.13% 2.1% 2.82%
Assets 1 102,058 170,388 103,703 220,000 124,452 409,763 142,216 134,826
Book Value Per Share 2 78.60 65.10 65.70 60.90 41.80 42.10 54.00 63.60
Cash Flow per Share 2 29.20 41.50 24.50 -8.180 14.70 18.00 32.30 41.00
Capex 1 7,215 5,108 5,810 6,595 4,069 5,403 5,580 5,670
Capex / Sales 6.06% 4.4% 4.62% 4.89% 3.03% 4.1% 4.06% 3.96%
Announcement Date 1/31/20 2/2/21 1/28/22 2/2/23 2/2/24 - - -
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
HOLD
Number of Analysts
11
Last Close Price
95.46 SEK
Average target price
110.9 SEK
Spread / Average Target
+16.16%
Consensus