FORMPIPE SOFTWARE AB |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 27.4 SEK | +2.62% |
|
-4.53% | +1.11% |
| Apr. 29 | Formpipe Software AB (OM:FPIP) completed the acquisition of Dictymatec SARL from Laurent Valatx. | CI |
| Apr. 25 | Formpipe Software AB Approves Dividend for the Financial Year 2023 | CI |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,042 | 1,172 | 1,599 | 2,418 | 1,193 | 1,486 | 1,486 | - |
| Enterprise Value (EV) 1 | 995.2 | 1,172 | 1,604 | 2,422 | 1,232 | 1,471 | 1,429 | 1,383 |
| P/E ratio | 25.9 x | 33.4 x | 38.8 x | 47.9 x | 138 x | 39.9 x | 32.8 x | 19.7 x |
| Yield | 3.05% | 2.72% | 2.21% | 1.56% | - | 1.85% | 2.55% | 3.65% |
| Capitalization / Revenue | 2.56 x | 2.98 x | 3.97 x | 5.11 x | 2.46 x | 2.8 x | 2.75 x | 2.48 x |
| EV / Revenue | 2.45 x | 2.98 x | 3.98 x | 5.12 x | 2.54 x | 2.8 x | 2.65 x | 2.31 x |
| EV / EBITDA | 9.98 x | 11.6 x | 15.4 x | 17.9 x | 17 x | 12.8 x | 11.5 x | 8.41 x |
| EV / FCF | 12.3 x | 54.6 x | 69.9 x | 60.1 x | -111 x | 32.7 x | 24.2 x | 15 x |
| FCF Yield | 8.16% | 1.83% | 1.43% | 1.66% | -0.9% | 3.05% | 4.13% | 6.65% |
| Price to Book | 2.67 x | 2.93 x | 4.01 x | 5.65 x | 2.7 x | 3.07 x | 2.98 x | 2.77 x |
| Nbr of stocks (in thousands) | 52,887 | 53,174 | 53,464 | 53,726 | 54,218 | 54,218 | 54,218 | - |
| Reference price 2 | 19.70 | 22.05 | 29.90 | 45.00 | 22.00 | 27.40 | 27.40 | 27.40 |
| Announcement Date | 2/12/19 | 2/14/20 | 2/16/21 | 2/16/22 | 1/25/23 | 2/16/24 | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 406.4 | 393.8 | 403.1 | 473 | 485.1 | 525.2 | 539.7 | 599.1 |
| EBITDA 1 | 99.7 | 100.7 | 104.3 | 135 | 72.4 | 114.6 | 123.8 | 164.5 |
| EBIT 1 | 53.2 | 47.5 | 53.25 | 69 | 15.7 | 50.31 | 54.7 | 93.05 |
| Operating Margin | 13.09% | 12.06% | 13.21% | 14.59% | 3.24% | 9.58% | 10.14% | 15.53% |
| Earnings before Tax (EBT) 1 | 50.91 | 44.28 | 52.46 | 66.45 | 11.29 | 45.66 | 55.9 | 95.3 |
| Net income 1 | 39.9 | 35 | 41.39 | 50 | 8.76 | 36.91 | 45.3 | 75.15 |
| Net margin | 9.82% | 8.89% | 10.27% | 10.57% | 1.81% | 7.03% | 8.39% | 12.54% |
| EPS 2 | 0.7600 | 0.6600 | 0.7700 | 0.9400 | 0.1600 | 0.6800 | 0.8350 | 1.390 |
| Free Cash Flow 1 | 81.23 | 21.46 | 22.95 | 40.28 | -11.14 | 44.93 | 59 | 92 |
| FCF margin | 19.99% | 5.45% | 5.69% | 8.52% | -2.3% | 8.55% | 10.93% | 15.36% |
| FCF Conversion (EBITDA) | 81.47% | 21.31% | 21.99% | 29.84% | - | 39.2% | 47.68% | 55.93% |
| FCF Conversion (Net income) | 203.58% | 61.31% | 55.45% | 80.56% | - | 121.71% | 130.24% | 122.42% |
| Dividend per Share 2 | 0.6000 | 0.6000 | 0.6600 | 0.7000 | - | 0.5000 | 0.7000 | 1.000 |
| Announcement Date | 2/12/19 | 2/14/20 | 2/16/21 | 2/16/22 | 1/25/23 | 2/16/24 | - | - |
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 | 122 | 120.3 | 120 | 117.4 | 127.8 | 127.6 | 137.5 | 123.8 | 136.2 | 125.3 | 133.3 | 135.3 | 145.9 |
| EBITDA 1 | 28 | 17.04 | 15 | 20.62 | 20.1 | 23.35 | 29.08 | 29.21 | 32.97 | 21.32 | 28 | 35 | 39 |
| EBIT 1 | 16 | 3.531 | - | 6.187 | 5.7 | 7.065 | 12.94 | 11.59 | 17.25 | 4.454 | 11.3 | 18.9 | 19.85 |
| Operating Margin | 13.11% | 2.93% | - | 5.27% | 4.46% | 5.54% | 9.41% | 9.36% | 12.66% | 3.55% | 8.48% | 13.97% | 13.61% |
| Earnings before Tax (EBT) 1 | 15.16 | 3.818 | -0.955 | 3.439 | 5.078 | 5.023 | 7.899 | 13.76 | 18.97 | 1.526 | 11 | 18 | 23 |
| Net income 1 | 11 | 1.126 | -1 | 3.403 | 5.11 | 4.855 | 4.617 | 8.804 | 18.64 | 1.769 | 9 | 15 | 18 |
| Net margin | 9.02% | 0.94% | -0.83% | 2.9% | 4% | 3.8% | 3.36% | 7.11% | 13.68% | 1.41% | 6.75% | 11.09% | 12.34% |
| EPS 2 | 0.2100 | 0.0200 | -0.0200 | 0.0600 | 0.0900 | 0.0900 | 0.0900 | 0.1600 | 0.3400 | 0.0300 | 0.1900 | 0.3000 | 0.2800 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/16/22 | 4/27/22 | 7/15/22 | 10/27/22 | 1/25/23 | 4/26/23 | 7/14/23 | 10/25/23 | 2/16/24 | 4/25/24 | - | - | - |
1SEK in Million2SEK
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 5.59 | 4.35 | 39.4 | 1.91 | - | - |
| Net Cash position 1 | 46.7 | 0.69 | - | - | - | - | 56.9 | 103 |
| Leverage (Debt/EBITDA) | - | - | 0.0536 x | 0.0322 x | 0.5446 x | 0.0166 x | - | - |
| Free Cash Flow 1 | 81.2 | 21.5 | 22.9 | 40.3 | -11.1 | 44.9 | 59 | 92 |
| ROE (net income / shareholders' equity) | 10.6% | 8.9% | 10.4% | 12.2% | 2% | 8% | 9.4% | 14.8% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 7.390 | 7.520 | 7.460 | 7.960 | 8.150 | 8.840 | 9.190 | 9.900 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 40.1 | 42.2 | 2.63 | 57.1 | 56.3 | 57.6 | 60 | 63 |
| Capex / Sales | 9.88% | 10.73% | 0.65% | 12.07% | 11.6% | 10.97% | 11.12% | 10.52% |
| Announcement Date | 2/12/19 | 2/14/20 | 2/16/21 | 2/16/22 | 1/25/23 | 2/16/24 | - | - |
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
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +1.11% | 138M | |
| +9.84% | 318B | |
| +22.40% | 213B | |
| +1.44% | 147B | |
| +10.74% | 56.34B | |
| +3.40% | 30.56B | |
| +2.49% | 29.48B | |
| +93.63% | 21.69B | |
| +22.42% | 20.19B | |
| +0.90% | 14.83B |
- Stock Market
- Equities
- FPIP Stock
- Financials Formpipe Software AB
