Financials Kungsleden AB

Equities

KLED

SE0000549412

Real Estate Development & Operations

Delayed Nasdaq Stockholm 11:29:54 2021-12-03 am EST 5-day change 1st Jan Change
121.1 SEK +0.08% Intraday chart for Kungsleden AB -.--% -.--%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 12,995 13,738 21,491 19,678 26,042 26,042
Enterprise Value (EV) 1 28,006 30,183 39,945 39,108 45,887 45,674
P/E ratio 6.59 x 6.68 x 9.57 x 12 x 4.64 x -182 x
Yield 3.7% 3.82% 2.64% 3.11% - -
Capitalization / Revenue 5.59 x 5.76 x 8.87 x 7.78 x 10 x 9.39 x
EV / Revenue 12.1 x 12.7 x 16.5 x 15.5 x 17.7 x 16.5 x
EV / EBITDA 19.7 x 20.2 x 26.5 x 23.8 x 27 x 24.7 x
EV / FCF 42.2 x 35.6 x 50 x 54.1 x 59.8 x 64.7 x
FCF Yield 2.37% 2.81% 2% 1.85% 1.67% 1.54%
Price to Book 0.92 x 0.87 x 1.23 x 1.06 x 1.12 x 1.11 x
Nbr of stocks (in thousands) 218,403 218,403 218,403 218,403 215,042 215,042
Reference price 2 59.50 62.90 98.40 90.10 121.1 121.1
Announcement Date 3/27/18 3/19/19 3/19/20 3/25/21 6/1/22 6/1/23
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 2,323 2,385 2,423 2,530 2,593 2,773
EBITDA 1 1,421 1,492 1,508 1,643 1,697 1,847
EBIT 1 1,418 1,490 1,506 1,641 1,695 1,846
Operating Margin 61.04% 62.47% 62.15% 64.86% 65.37% 66.57%
Earnings before Tax (EBT) 1 2,481 2,653 2,867 2,060 7,019 -175
Net income 1 1,906 2,055 2,245 1,636 5,630 -143
Net margin 82.05% 86.16% 92.65% 64.66% 217.12% -5.16%
EPS 2 9.026 9.409 10.28 7.496 26.11 -0.6650
Free Cash Flow 1 663.6 847.1 798.6 722.8 767 705.5
FCF margin 28.57% 35.52% 32.96% 28.57% 29.58% 25.44%
FCF Conversion (EBITDA) 46.7% 56.78% 52.96% 43.99% 45.2% 38.2%
FCF Conversion (Net income) 34.82% 41.22% 35.57% 44.18% 13.62% -
Dividend per Share 2 2.200 2.400 2.600 2.800 - -
Announcement Date 3/27/18 3/19/19 3/19/20 3/25/21 6/1/22 6/1/23
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 15,011 16,445 18,454 19,430 19,845 19,632
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 10.56 x 11.02 x 12.24 x 11.83 x 11.69 x 10.63 x
Free Cash Flow 1 664 847 799 723 767 706
ROE (net income / shareholders' equity) 15.1% 13.7% 13.5% 9.09% 26.9% -0.61%
ROA (Net income/ Total Assets) 2.89% 2.78% 2.51% 2.49% 2.32% 2.37%
Assets 1 66,025 73,860 89,592 65,616 242,850 -6,023
Book Value Per Share 2 65.00 72.20 80.10 85.00 108.0 109.0
Cash Flow per Share 2 1.430 2.160 1.620 3.150 2.200 0.6600
Capex 1 4 - 1 2 - -
Capex / Sales 0.17% - 0.04% 0.08% - -
Announcement Date 3/27/18 3/19/19 3/19/20 3/25/21 6/1/22 6/1/23
1SEK in Million2SEK
Estimates
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