MILDEF GROUP AB |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 67 SEK | +5.51% |
|
+8.94% | +2.13% |
| Apr. 26 | Transcript : MilDef Group AB, Q1 2024 Earnings Call, Apr 26, 2024 | |
| Apr. 26 | MilDef Group AB Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,903 | 3,221 | 2,615 | 2,531 | - | - |
| Enterprise Value (EV) 1 | 1,903 | 3,475 | 2,615 | 2,735 | 2,683 | 2,594 |
| P/E ratio | -1,743 x | 218 x | 38.4 x | 46.3 x | 24.1 x | 17 x |
| Yield | - | - | 0.76% | 0.67% | 0.87% | 1.19% |
| Capitalization / Revenue | - | 4.36 x | 2.27 x | 2.04 x | 1.74 x | 1.5 x |
| EV / Revenue | - | 4.7 x | 2.27 x | 2.2 x | 1.84 x | 1.53 x |
| EV / EBITDA | - | 57.9 x | 15.6 x | 16.3 x | 11.2 x | 8.51 x |
| EV / FCF | - | -36.6 x | - | 119 x | 28.4 x | 16.4 x |
| FCF Yield | - | -2.73% | - | 0.84% | 3.52% | 6.11% |
| Price to Book | - | 3.88 x | - | 2.87 x | 2.62 x | 2.33 x |
| Nbr of stocks (in thousands) | 36,389 | 39,860 | 39,860 | 39,860 | - | - |
| Reference price 2 | 52.30 | 80.80 | 65.60 | 63.50 | 63.50 | 63.50 |
| Announcement Date | 2/10/22 | 2/9/23 | 2/8/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 738.8 | 1,151 | 1,242 | 1,459 | 1,692 |
| EBITDA 1 | - | 60 | 168 | 167.6 | 238.7 | 304.9 |
| EBIT 1 | - | 29.2 | 108.1 | 102 | 161.7 | 218.1 |
| Operating Margin | - | 3.95% | 9.39% | 8.21% | 11.08% | 12.89% |
| Earnings before Tax (EBT) 1 | - | 19.2 | 88.6 | 80.2 | 134.3 | 192.2 |
| Net income 1 | -0.7 | 14.2 | 69 | 61.53 | 105.3 | 151 |
| Net margin | - | 1.92% | 5.99% | 4.95% | 7.22% | 8.92% |
| EPS 2 | -0.0300 | 0.3700 | 1.710 | 1.372 | 2.637 | 3.744 |
| Free Cash Flow 1 | - | -95 | - | 23 | 94.5 | 158.5 |
| FCF margin | - | -12.86% | - | 1.85% | 6.48% | 9.37% |
| FCF Conversion (EBITDA) | - | - | - | 13.72% | 39.59% | 51.99% |
| FCF Conversion (Net income) | - | - | - | 37.38% | 89.73% | 104.96% |
| Dividend per Share 2 | - | - | 0.5000 | 0.4234 | 0.5544 | 0.7575 |
| Announcement Date | 2/10/22 | 2/9/23 | 2/8/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 226.5 | 352.8 | 231.9 | 273.4 | 270.6 | 465.9 | - | - |
| EBITDA 1 | - | 26.6 | 59.8 | 8.7 | 37.47 | 36.73 | 84.58 | - | - |
| EBIT 1 | - | 11.4 | 41.4 | -6.8 | 22.35 | 21.09 | 65.49 | - | - |
| Operating Margin | - | 5.03% | 11.73% | -2.93% | 8.17% | 7.79% | 14.06% | - | - |
| Earnings before Tax (EBT) 1 | - | - | - | -13.3 | 11.24 | 18.73 | 63.53 | 0.9308 | 20.72 |
| Net income 1 | 21.3 | 5.8 | 25.7 | -11.4 | 8.768 | 14.61 | 49.55 | 0.726 | 16.16 |
| Net margin | - | 2.56% | 7.28% | -4.92% | 3.21% | 5.4% | 10.64% | - | - |
| EPS 2 | 0.5300 | 0.1400 | 0.6400 | -0.2900 | 0.2200 | 0.3666 | 1.243 | 0.0182 | 0.4054 |
| Dividend per Share | - | - | - | - | - | - | - | - | - |
| Announcement Date | 7/27/23 | 10/26/23 | 2/8/24 | 4/26/24 | - | - | - | - | - |
1SEK in Million2SEK
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | 255 | - | 204 | 152 | 63.1 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 4.247 x | - | 1.217 x | 0.635 x | 0.2071 x |
| Free Cash Flow 1 | - | -95 | - | 23 | 94.5 | 159 |
| ROE (net income / shareholders' equity) | - | 2.1% | 8.5% | 6.44% | 11.4% | 14.6% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - |
| Book Value Per Share 2 | - | 20.80 | - | 22.10 | 24.20 | 27.20 |
| Cash Flow per Share | - | - | - | - | - | - |
| Capex 1 | - | 18 | - | 13 | 32.5 | 36 |
| Capex / Sales | - | 2.44% | - | 1.05% | 2.23% | 2.13% |
| Announcement Date | 2/10/22 | 2/9/23 | 2/8/24 | - | - | - |
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
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
63.5
SEK
Average target price
88
SEK
Spread / Average Target
+38.58%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +2.13% | 234M | |
| +33.61% | 8.6B | |
| +22.52% | 8.16B | |
| +59.01% | 1.98B | |
| +1.20% | 771M | |
| -16.79% | 622M | |
| -12.22% | 617M | |
| -24.25% | 597M | |
| +155.41% | 460M | |
| -30.80% | 350M |
- Stock Market
- Equities
- MILDEF Stock
- Financials MilDef Group AB