PROBI AB |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 209 SEK | +1.95% |
|
+0.97% | +2.96% |
| Apr. 23 | Transcript : Probi AB, Q1 2024 Earnings Call, Apr 23, 2024 | |
| Apr. 23 | Probi AB Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,529 | 4,808 | 4,529 | 2,324 | 2,313 | 2,381 | - | - |
| Enterprise Value (EV) 1 | 2,337 | 4,637 | 4,293 | 2,001 | 1,983 | 2,026 | 1,984 | 1,938 |
| P/E ratio | 29.4 x | 51.8 x | 54.5 x | 57.1 x | 137 x | 156 x | 74.9 x | 53.3 x |
| Yield | 0.45% | 0.26% | 0.33% | 0.64% | 0.64% | 0.72% | 0.93% | 1.21% |
| Capitalization / Revenue | 4.04 x | 6.7 x | 6.88 x | 3.76 x | 3.68 x | 3.64 x | 3.41 x | 3.21 x |
| EV / Revenue | 3.73 x | 6.47 x | 6.52 x | 3.24 x | 3.16 x | 3.1 x | 2.84 x | 2.62 x |
| EV / EBITDA | 12.7 x | 23.6 x | 23.5 x | 13.5 x | 18.4 x | 18.1 x | 14.5 x | 12.6 x |
| EV / FCF | 16.9 x | 46.4 x | 77 x | 21.9 x | 37.9 x | 38.2 x | 27.6 x | 23.6 x |
| FCF Yield | 5.92% | 2.16% | 1.3% | 4.57% | 2.64% | 2.62% | 3.63% | 4.23% |
| Price to Book | 2.2 x | 4.31 x | 3.58 x | 1.65 x | 1.69 x | 1.67 x | 1.65 x | 1.63 x |
| Nbr of stocks (in thousands) | 11,394 | 11,394 | 11,394 | 11,394 | 11,394 | 11,394 | - | - |
| Reference price 2 | 222.0 | 422.0 | 397.5 | 204.0 | 203.0 | 209.0 | 209.0 | 209.0 |
| Announcement Date | 2/11/20 | 2/9/21 | 2/2/22 | 1/27/23 | 1/26/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 626 | 717.2 | 658.2 | 618.3 | 627.7 | 654 | 699 | 741 |
| EBITDA 1 | 183.4 | 196.5 | 182.5 | 148.3 | 107.5 | 112.2 | 137 | 154 |
| EBIT 1 | 111.5 | 123.7 | 109.2 | 62.57 | 11.32 | 16 | 41 | 57 |
| Operating Margin | 17.82% | 17.25% | 16.6% | 10.12% | 1.8% | 2.45% | 5.87% | 7.69% |
| Earnings before Tax (EBT) 1 | 109.5 | 120.1 | 107.4 | 51.97 | 17.38 | 19.7 | 41 | 58 |
| Net income 1 | 85.89 | 92.69 | 83.14 | 40.62 | 16.82 | 15.2 | 32 | 45 |
| Net margin | 13.72% | 12.92% | 12.63% | 6.57% | 2.68% | 2.32% | 4.58% | 6.07% |
| EPS 2 | 7.540 | 8.140 | 7.300 | 3.570 | 1.480 | 1.340 | 2.790 | 3.920 |
| Free Cash Flow 1 | 138.5 | 99.99 | 55.74 | 91.5 | 52.39 | 53 | 72 | 82 |
| FCF margin | 22.12% | 13.94% | 8.47% | 14.8% | 8.35% | 8.1% | 10.3% | 11.07% |
| FCF Conversion (EBITDA) | 75.5% | 50.89% | 30.54% | 61.72% | 48.73% | 47.24% | 52.55% | 53.25% |
| FCF Conversion (Net income) | 161.21% | 107.88% | 67.04% | 225.26% | 311.48% | 348.68% | 225% | 182.22% |
| Dividend per Share 2 | 1.000 | 1.100 | 1.300 | 1.300 | 1.300 | 1.500 | 1.940 | 2.530 |
| Announcement Date | 2/11/20 | 2/9/21 | 2/2/22 | 1/27/23 | 1/26/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 170 | 154.7 | 174.5 | 145.1 | 144 | - | 156 | 156.1 | 151.7 | 173 | 162.2 | 167.2 |
| EBITDA 1 | 54.07 | 38.28 | 45.89 | 36.32 | 27.76 | - | 28.17 | 19.1 | 22.01 | 27.6 | 33.8 | 28.8 |
| EBIT 1 | 34.09 | 18.49 | 25.24 | 14.46 | 4.383 | - | 3.989 | -5.287 | -2.043 | 3.5 | 9.8 | 4.7 |
| Operating Margin | 20.05% | 11.95% | 14.46% | 9.97% | 3.04% | - | 2.56% | -3.39% | -1.35% | 2.02% | 6.04% | 2.81% |
| Earnings before Tax (EBT) 1 | 33.41 | 17.63 | 25.61 | 15.35 | -6.612 | - | 6.096 | -4.17 | 1.828 | 3.5 | 9.7 | 4.6 |
| Net income 1 | 26.27 | 14.02 | 19.97 | 12.36 | -5.733 | -6.26 | 6.395 | -2.59 | 1.853 | 2.6 | 7.3 | 3.5 |
| Net margin | 15.45% | 9.06% | 11.44% | 8.52% | -3.98% | - | 4.1% | -1.66% | 1.22% | 1.5% | 4.5% | 2.09% |
| EPS | 2.310 | 1.230 | 1.750 | 1.090 | -0.5000 | -0.5500 | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/2/22 | 4/26/22 | 7/15/22 | 10/21/22 | 1/27/23 | 7/18/23 | 10/24/23 | 1/26/24 | 4/23/24 | - | - | - |
1SEK in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 192 | 171 | 236 | 324 | 330 | 355 | 397 | 443 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 138 | 100 | 55.7 | 91.5 | 52.4 | 53 | 72 | 82 |
| ROE (net income / shareholders' equity) | 7.88% | 8.18% | 6.98% | 3.04% | 1.21% | 1.1% | 2.2% | 3.1% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 101.0 | 97.90 | 111.0 | 124.0 | 120.0 | 125.0 | 126.0 | 128.0 |
| Cash Flow per Share | 15.20 | - | - | - | - | - | - | - |
| Capex 1 | 35.1 | 43.4 | - | 52.4 | 33.2 | 25 | 27 | 30 |
| Capex / Sales | 5.61% | 6.05% | - | 8.48% | 5.28% | 3.82% | 3.86% | 4.05% |
| Announcement Date | 2/11/20 | 2/9/21 | 2/2/22 | 1/27/23 | 1/26/24 | - | - | - |
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. | |
|---|---|---|
| +2.96% | 217M | |
| +25.83% | 661B | |
| +27.00% | 566B | |
| -6.76% | 352B | |
| +20.34% | 332B | |
| +3.00% | 283B | |
| +13.09% | 231B | |
| +5.46% | 200B | |
| -9.61% | 195B | |
| -6.26% | 145B |
- Stock Market
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- PROB Stock
- Financials Probi AB
