Financials Embla Medical hf.

Equities

EMBLA

IS0000000040

Medical Equipment, Supplies & Distribution

Market Closed - Nasdaq Copenhagen 10:54:34 2024-04-26 am EDT 5-day change 1st Jan Change
29.2 DKK 0.00% Intraday chart for Embla Medical hf. -5.19% +6.38%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,310 3,380 2,720 2,029 1,708 1,785 - -
Enterprise Value (EV) 2 3,611 3,761 3,083 2,433 2,103 2,197 2,168 2,138
P/E ratio 47.8 x 414 x 41.1 x 47.6 x 28.4 x 23.7 x 19.9 x 16.5 x
Yield 0.29% 0.31% - - - - - -
Capitalization / Revenue 4.82 x 5.37 x 3.79 x 2.82 x 2.17 x 2.05 x 1.89 x 1.75 x
EV / Revenue 5.26 x 5.97 x 4.29 x 3.39 x 2.68 x 2.53 x 2.29 x 2.1 x
EV / EBITDA 24.1 x 40.4 x 20.7 x 19 x 15.1 x 13.3 x 11.6 x 11.6 x
EV / FCF 56.9 x 55.1 x 41.8 x 69.5 x 40.4 x 34.9 x 22 x 19.3 x
FCF Yield 1.76% 1.81% 2.39% 1.44% 2.47% 2.87% 4.54% 5.17%
Price to Book 5.82 x 5.79 x 4.33 x 3.26 x 2.38 x 2.2 x 2.04 x 1.83 x
Nbr of stocks (in thousands) 422,070 421,973 422,208 420,145 420,298 426,934 - -
Reference price 3 52.30 48.45 42.30 33.55 27.45 29.20 29.20 29.20
Announcement Date 2/4/20 2/2/21 2/1/22 1/31/23 1/30/24 - - -
1DKK in Million2USD in Million3DKK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 686.3 629.5 718.7 718.6 785.7 869.1 945 1,018
EBITDA 1 149.6 92.99 149 128.2 139.3 165.4 187.1 184.8
EBIT 1 106.1 28.29 97.31 78.84 89.39 112.3 130.1 149.6
Operating Margin 15.46% 4.49% 13.54% 10.97% 11.38% 12.92% 13.77% 14.69%
Earnings before Tax (EBT) 1 90.27 12.72 86.64 56.17 76.01 94.94 114.2 136
Net income 1 66.04 6.214 63.99 42.51 58.39 72.17 86.78 103.4
Net margin 9.62% 0.99% 8.9% 5.92% 7.43% 8.3% 9.18% 10.15%
EPS 2 1.095 0.1170 1.030 0.7053 0.9656 1.230 1.464 1.770
Free Cash Flow 1 63.43 68.22 73.84 35 52 62.95 98.38 110.5
FCF margin 9.24% 10.84% 10.27% 4.87% 6.62% 7.24% 10.41% 10.85%
FCF Conversion (EBITDA) 42.39% 73.36% 49.56% 27.31% 37.33% 38.07% 52.59% 59.8%
FCF Conversion (Net income) 96.05% 1,097.83% 115.39% 82.33% 89.06% 87.22% 113.36% 106.86%
Dividend per Share 2 0.1500 0.1500 - - - - - -
Announcement Date 2/4/20 2/2/21 2/1/22 1/31/23 1/30/24 - - -
1USD in Million2DKK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 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 - 187.5 170 180.9 176.7 190.9 181.2 201.4 192.9 210.2 199.9 222.6 211.8 232.2
EBITDA 1 - 41 27 32.88 35 33.61 28.18 37.37 36 37 33 44.85 40.25 50.3
EBIT 1 - 25.94 14 20.52 23.02 21.23 15.74 25.02 23.99 24.63 15.42 31.05 26.6 38.3
Operating Margin - 13.83% 8.24% 11.34% 13.03% 11.12% 8.69% 12.43% 12.44% 11.72% 7.72% 13.95% 12.56% 16.49%
Earnings before Tax (EBT) 1 - 23.5 12.31 19.08 8.612 16.17 13.26 20.58 18 24.17 10.98 26.8 21.9 34.3
Net income 1 -11 17.56 9 14.09 6.76 12.9 9.719 15.78 13.89 18.99 8 20.4 17 24.8
Net margin - 9.37% 5.29% 7.79% 3.83% 6.76% 5.36% 7.84% 7.2% 9.04% 4% 9.17% 8.02% 10.68%
EPS 2 - 0.2790 0.1535 0.2483 0.1193 0.2054 0.1629 0.2557 0.2327 0.3104 0.1325 0.3311 0.2789 0.4078
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 7/23/20 2/1/22 4/26/22 7/21/22 10/25/22 1/31/23 4/25/23 7/25/23 10/24/23 1/30/24 4/23/24 - - -
1USD in Million2DKK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 302 381 363 404 395 412 383 353
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.016 x 4.098 x 2.436 x 3.152 x 2.835 x 2.489 x 2.047 x 1.91 x
Free Cash Flow 1 63.4 68.2 73.8 35 52 63 98.4 111
ROE (net income / shareholders' equity) 12% 1% 11% 7% 8.91% 9.64% 10.4% 11.4%
ROA (Net income/ Total Assets) 6.59% 0.54% 5.2% 3.31% 4.38% 5.13% 5.7% 6.09%
Assets 1 1,002 1,152 1,231 1,286 1,332 1,408 1,522 1,698
Book Value Per Share 2 8.990 8.370 9.760 10.30 11.50 13.30 14.30 16.00
Cash Flow per Share 2 1.520 1.350 1.580 0.9900 1.540 2.090 2.090 2.790
Capex 1 31.9 24 26.7 25.9 42.3 37.4 37.9 43.4
Capex / Sales 4.64% 3.82% 3.71% 3.61% 5.38% 4.3% 4.01% 4.26%
Announcement Date 2/4/20 2/2/21 2/1/22 1/31/23 1/30/24 - - -
1USD in Million2DKK
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+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
29.2 DKK
Average target price
34.52 DKK
Spread / Average Target
+18.22%
Consensus
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  2. Equities
  3. EMBLA Stock
  4. Financials Embla Medical hf.