Financials Svenska Cellulosa Aktiebolaget SCA

Equities

SCA B

SE0000112724

Paper Products

Market Closed - Nasdaq Stockholm 11:29:39 2024-04-26 am EDT 5-day change 1st Jan Change
158.7 SEK -0.13% Intraday chart for Svenska Cellulosa Aktiebolaget SCA +3.76% +5.03%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 67,039 100,923 112,944 92,768 106,040 111,597 - -
Enterprise Value (EV) 1 75,636 108,594 120,696 102,757 116,805 124,489 122,437 122,414
P/E ratio 4.3 x 131 x 18.5 x 13.6 x 28.9 x 26.8 x 21.6 x 19.6 x
Yield - 1.4% 1.4% 1.89% 1.82% 1.84% 2.01% 2.13%
Capitalization / Revenue 3.42 x 5.48 x 6 x 4.46 x 5.86 x 5.5 x 5.1 x 4.81 x
EV / Revenue 3.86 x 5.9 x 6.41 x 4.94 x 6.46 x 6.14 x 5.6 x 5.28 x
EV / EBITDA 14.2 x 24.5 x 13.3 x 10.1 x 17.2 x 16.4 x 13.8 x 12.7 x
EV / FCF 75 x 94.7 x 114 x 165 x 122 x 81.9 x 38.9 x 30.2 x
FCF Yield 1.33% 1.06% 0.87% 0.61% 0.82% 1.22% 2.57% 3.31%
Price to Book 0.97 x 1.39 x 1.36 x 0.96 x 1.02 x 1.05 x 1.03 x 1 x
Nbr of stocks (in thousands) 702,342 702,342 702,342 702,342 702,342 702,342 - -
Reference price 2 95.00 143.3 160.8 132.0 151.1 158.7 158.7 158.7
Announcement Date 1/30/20 1/29/21 1/28/22 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 19,591 18,410 18,822 20,794 18,081 20,283 21,864 23,183
EBITDA 1 5,319 4,440 9,109 10,194 6,807 7,613 8,874 9,642
EBIT 1 3,703 2,839 7,634 8,642 4,857 5,610 6,774 7,484
Operating Margin 18.9% 15.42% 40.56% 41.56% 26.86% 27.66% 30.98% 32.28%
Earnings before Tax (EBT) 1 19,539 1,028 7,527 8,603 4,443 4,724 6,555 7,256
Net income 1 15,522 767 6,101 6,821 3,625 3,987 5,138 5,643
Net margin 79.23% 4.17% 32.41% 32.8% 20.05% 19.66% 23.5% 24.34%
EPS 2 22.10 1.090 8.690 9.712 5.230 5.926 7.360 8.096
Free Cash Flow 1 1,008 1,147 1,056 623 959 1,520 3,151 4,054
FCF margin 5.15% 6.23% 5.61% 3% 5.3% 7.49% 14.41% 17.49%
FCF Conversion (EBITDA) 18.95% 25.83% 11.59% 6.11% 14.09% 19.96% 35.5% 42.04%
FCF Conversion (Net income) 6.49% 149.54% 17.31% 9.13% 26.46% 38.11% 61.32% 71.84%
Dividend per Share 2 - 2.000 2.250 2.500 2.750 2.928 3.195 3.381
Announcement Date 1/30/20 1/29/21 1/28/22 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 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 4,763 5,015 5,899 5,007 4,873 4,813 4,582 4,302 4,384 4,558 5,124 5,209 5,322 5,844 -
EBITDA 1 2,806 2,608 3,121 2,484 1,981 2,055 1,700 1,417 1,635 1,596 1,888 1,957 2,232 2,619 -
EBIT 1 2,408 2,223 2,735 2,094 1,590 1,596 1,229 913 1,119 1,077 1,375 1,444 1,717 2,099 -
Operating Margin 50.56% 44.33% 46.36% 41.82% 32.63% 33.16% 26.82% 21.22% 25.52% 23.63% 26.85% 27.73% 32.26% 35.92% -
Earnings before Tax (EBT) 1 2,380 2,208 2,730 2,097 1,568 1,537 1,126 802 978 954 1,256 1,323 1,603 2,009 -
Net income 1 1,995 1,760 2,180 1,649 1,215 1,213 916 663 833 789 881 1,008 - 1,587 -
Net margin 41.89% 35.09% 36.96% 32.93% 24.93% 25.2% 19.99% 15.41% 19% 17.31% 17.19% 19.35% - 27.16% -
EPS 2 2.840 2.510 3.104 2.350 1.730 1.727 1.320 0.9600 1.220 1.120 1.438 1.427 1.660 - -
Dividend per Share 2 2.250 - - - 2.500 - - - - - 1.917 - - - 3.250
Announcement Date 1/28/22 4/29/22 7/22/22 10/28/22 1/27/23 4/28/23 7/21/23 10/27/23 1/26/24 4/26/24 - - - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 8,597 7,671 7,752 9,989 10,765 12,892 10,840 10,817
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.616 x 1.728 x 0.851 x 0.9799 x 1.581 x 1.694 x 1.222 x 1.122 x
Free Cash Flow 1 1,008 1,147 1,056 623 959 1,520 3,151 4,054
ROE (net income / shareholders' equity) 5.29% 1.09% 10.3% 7.6% 3.61% 3.96% 4.74% 5.09%
ROA (Net income/ Total Assets) 3.57% 0.75% 5.47% 5.34% 2.54% 2.83% 3.45% 4.02%
Assets 1 435,107 101,859 111,454 127,794 142,654 140,916 148,969 140,230
Book Value Per Share 2 97.60 103.0 118.0 137.0 148.0 151.0 155.0 159.0
Cash Flow per Share 2 4.690 5.270 8.510 9.010 5.540 7.900 9.300 11.00
Capex 1 2,289 2,557 4,918 5,702 2,935 2,407 2,254 2,380
Capex / Sales 11.68% 13.89% 26.13% 27.42% 16.23% 11.87% 10.31% 10.27%
Announcement Date 1/30/20 1/29/21 1/28/22 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
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
158.7 SEK
Average target price
156.2 SEK
Spread / Average Target
-1.60%
Consensus
  1. Stock Market
  2. Equities
  3. SCA B Stock
  4. Financials Svenska Cellulosa Aktiebolaget SCA