Financials Peab AB

Equities

PEAB B

SE0000106205

Construction & Engineering

Real-time Estimate Cboe Europe 11:25:00 2024-06-10 am EDT 5-day change 1st Jan Change
67.28 SEK -0.04% Intraday chart for Peab AB -0.81% +17.60%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 27,653 26,447 33,689 16,988 16,416 19,346 - -
Enterprise Value (EV) 1 35,160 36,129 44,204 33,669 30,953 30,692 31,057 31,495
P/E ratio 13.2 x 8.31 x 14.2 x 9.43 x 8.25 x 13.5 x 12.4 x 10.4 x
Yield 4.48% 5.02% 4.38% 6.77% - 3.25% 4.05% 4.66%
Capitalization / Revenue 0.51 x 0.44 x 0.57 x 0.27 x 0.28 x 0.34 x 0.33 x 0.31 x
EV / Revenue 0.65 x 0.6 x 0.75 x 0.53 x 0.53 x 0.53 x 0.52 x 0.5 x
EV / EBITDA 9.18 x 6.77 x 9.96 x 8.23 x 9.14 x 8.54 x 8.16 x 7.44 x
EV / FCF -18.8 x 5.65 x 35.3 x -10.7 x 11.7 x 7.94 x -174 x -195 x
FCF Yield -5.33% 17.7% 2.84% -9.38% 8.58% 12.6% -0.58% -0.51%
Price to Book 2.25 x 2.13 x 2.46 x 1.23 x 1.14 x 1.25 x 1.18 x 1.1 x
Nbr of stocks (in thousands) 294,963 295,000 295,000 287,452 287,500 287,452 - -
Reference price 2 93.75 89.65 114.2 59.10 57.10 67.30 67.30 67.30
Announcement Date 2/5/20 2/4/21 2/4/22 2/3/23 2/2/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 54,008 59,852 58,923 63,135 58,821 57,565 59,498 63,304
EBITDA 1 3,828 5,334 4,439 4,090 3,385 3,592 3,805 4,236
EBIT 1 2,568 3,922 3,098 2,741 1,853 2,143 2,269 2,656
Operating Margin 4.75% 6.55% 5.26% 4.34% 3.15% 3.72% 3.81% 4.2%
Earnings before Tax (EBT) 1 2,510 3,745 2,902 2,440 2,586 1,773 1,949 2,329
Net income 1 2,092 3,182 2,377 1,832 1,988 1,430 1,514 1,854
Net margin 3.87% 5.32% 4.03% 2.9% 3.38% 2.48% 2.54% 2.93%
EPS 2 7.090 10.79 8.060 6.270 6.920 4.974 5.427 6.442
Free Cash Flow 1 -1,873 6,394 1,254 -3,159 2,655 3,864 -179 -161.5
FCF margin -3.47% 10.68% 2.13% -5% 4.51% 6.71% -0.3% -0.26%
FCF Conversion (EBITDA) - 119.87% 28.25% - 78.43% 107.56% - -
FCF Conversion (Net income) - 200.94% 52.76% - 133.55% 270.13% - -
Dividend per Share 2 4.200 4.500 5.000 4.000 - 2.188 2.725 3.133
Announcement Date 2/5/20 2/4/21 2/4/22 2/3/23 2/2/24 - - -
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 - 12,137 16,458 16,197 17,048 12,690 16,098 15,159 15,639 11,141 15,323 14,772 16,046 11,098 14,842
EBITDA 1 - 300 1,213 1,329 1,218 187 - 1,144 615 - 880 1,066 1,031 65 931
EBIT 1 - 10 885 916 853 -156 1,090 786 133 -106 600.4 785.9 792.2 -252 620
Operating Margin - 0.08% 5.38% 5.66% 5% -1.23% 6.77% 5.19% 0.85% -0.95% 3.92% 5.32% 4.94% -2.27% 4.18%
Earnings before Tax (EBT) 1 1,291 -35 761 874 840 -45 1,503 769 359 -99 513.9 698.9 706.2 -372 501
Net income 1 - -28 590 711 559 -35 1,189 623 211 -57 411.9 557.4 563.4 -295 398
Net margin - -0.23% 3.58% 4.39% 3.28% -0.28% 7.39% 4.11% 1.35% -0.51% 2.69% 3.77% 3.51% -2.66% 2.68%
EPS 2 3.800 -0.1000 2.010 2.430 1.930 -0.1200 4.130 2.170 0.7400 -0.2000 1.283 1.700 1.509 -1.020 1.390
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 2/4/22 5/5/22 7/15/22 10/28/22 2/3/23 5/4/23 7/14/23 10/27/23 2/2/24 5/6/24 - - - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 7,507 9,682 10,515 16,681 14,537 11,347 11,711 12,149
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.961 x 1.815 x 2.369 x 4.078 x 4.295 x 3.159 x 3.078 x 2.868 x
Free Cash Flow 1 -1,873 6,394 1,254 -3,159 2,655 3,864 -179 -162
ROE (net income / shareholders' equity) 17.9% 23.1% 18.5% 14% 9.5% 9.55% 9.72% 10.8%
ROA (Net income/ Total Assets) 5.5% 7.41% 5.32% 3.73% 3.97% 2.5% 2.81% 3.2%
Assets 1 38,023 42,926 44,667 49,118 50,093 57,209 53,818 57,994
Book Value Per Share 2 41.60 42.20 46.40 47.90 50.30 53.90 57.10 61.50
Cash Flow per Share 2 - - - - 13.60 12.60 10.90 13.40
Capex 1 1,925 1,299 1,564 1,603 1,261 1,502 1,390 1,466
Capex / Sales 3.56% 2.17% 2.65% 2.54% 2.14% 2.61% 2.34% 2.32%
Announcement Date 2/5/20 2/4/21 2/4/22 2/3/23 2/2/24 - - -
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+
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
3
Last Close Price
67.3 SEK
Average target price
55 SEK
Spread / Average Target
-18.28%
Consensus