Financials Byggmax Group AB

Equities

Market Closed - Nasdaq Stockholm Other stock markets 12:00:00 2024-06-10 pm EDT			5-day change	1st Jan Change
38.42 ^SEK	-2.68%		+0.16%	+1.27%

May. 29	Transcript : Byggmax Group AB - Special Call
May. 06	Byggmax Group AB Approves Dividend for the Financial Year 2023, Payable on May 14, 2024	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	1,613	3,126	5,250	2,916	2,224	2,252	-
Enterprise Value (EV) ¹	4,198	4,803	7,395	5,767	4,955	4,858	4,684
P/E ratio	11.4 x	6.45 x	8.8 x	9.35 x	86.2 x	22.5 x	12.3 x
Yield	-	5.37%	4.47%	-	1.32%	1.95%	2.6%
Capitalization / Revenue	0.31 x	0.46 x	0.69 x	0.4 x	0.36 x	0.36 x	0.33 x
EV / Revenue	0.8 x	0.71 x	0.97 x	0.79 x	0.81 x	0.78 x	0.69 x
EV / EBITDA	6.05 x	4.23 x	5.4 x	5.44 x	6.34 x	5.43 x	4.69 x
EV / FCF	27,048,420 x	4,570,125 x	12,182,657 x	-	-	-	-
FCF Yield	0%	0%	0%	-	-	-	-
Price to Book	1.07 x	1.59 x	2.38 x	1.24 x	0.94 x	0.92 x	0.87 x
Nbr of stocks (in thousands)	60,999	60,999	58,625	58,625	58,625	58,625	-
Reference price ²	26.44	51.25	89.55	49.74	37.94	38.42	38.42
Announcement Date	1/28/20	1/26/21	1/26/22	1/31/23	1/31/24	-	-

¹SEK in Million²SEK

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	5,277	6,800	7,645	7,260	6,113	6,237	6,786
EBITDA ¹	694.4	1,135	1,369	1,061	781	894	998.8
EBIT ¹	230	666	850	452	123	225	318.6
Operating Margin	4.36%	9.79%	11.12%	6.23%	2.01%	3.61%	4.69%
Earnings before Tax (EBT) ¹	174.9	623	799	402	14	126.9	231.7
Net income ¹	141.8	485	621	313	26	100.3	183.1
Net margin	2.69%	7.13%	8.12%	4.31%	0.43%	1.61%	2.7%
EPS ²	2.320	7.940	10.18	5.320	0.4400	1.710	3.120
Free Cash Flow	155.2	1,051	607	-	-	-	-
FCF margin	2.94%	15.46%	7.94%	-	-	-	-
FCF Conversion (EBITDA)	22.35%	92.6%	44.34%	-	-	-	-
FCF Conversion (Net income)	109.45%	216.7%	97.75%	-	-	-	-
Dividend per Share ²	-	2.750	4.000	-	0.5000	0.7500	1.000
Announcement Date	1/28/20	1/26/21	1/26/22	1/31/23	1/31/24	-	-

¹SEK in Million²SEK

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net Debt ¹	2,585	1,677	2,145	2,851	2,731	2,605	2,432
Net Cash position ¹	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	3.723 x	1.478 x	1.567 x	2.687 x	3.497 x	2.914 x	2.434 x
Free Cash Flow	155	1,051	607	-	-	-	-
ROE (net income / shareholders' equity)	10%	28%	29.4%	13.6%	1.1%	4.17%	7.28%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-
Book Value Per Share ²	24.60	32.30	37.60	40.30	40.30	41.70	44.10
Cash Flow per Share	-	-	-	-	-	-	-
Capex ¹	121	146	207	213	111	110	136
Capex / Sales	2.29%	2.15%	2.71%	2.93%	1.82%	1.77%	2%
Announcement Date	1/28/20	1/26/21	1/26/22	1/31/23	1/31/24	-	-

¹SEK in Million²SEK

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

B-

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

39.48 SEK

Average target price

40 SEK

Spread / Average Target

+1.32%

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