BTS GROUP AB |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 330 SEK | -6.78% |
|
+0.61% | +11.49% |
| May. 03 | Transcript : BTS Group AB, Q1 2024 Earnings Call, May 03, 2024 | |
| May. 03 | BTS Group 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 | 4,598 | 4,192 | 7,793 | 5,638 | 5,741 | 6,401 | - | - |
| Enterprise Value (EV) 1 | 4,512 | 4,192 | 7,340 | 5,061 | 5,209 | 5,972 | 5,826 | 5,671 |
| P/E ratio | 30.4 x | 119 x | 36.3 x | 28.4 x | 26.7 x | 26.6 x | 24.1 x | 21.6 x |
| Yield | - | 0.55% | 1.19% | 1.86% | 1.93% | 1.9% | 2.05% | 2.27% |
| Capitalization / Revenue | 2.47 x | 2.86 x | 4.07 x | 2.23 x | 2.14 x | 2.23 x | 2.03 x | 1.86 x |
| EV / Revenue | 2.42 x | 2.86 x | 3.83 x | 2 x | 1.94 x | 2.08 x | 1.85 x | 1.65 x |
| EV / EBITDA | 14.5 x | 27 x | 20.4 x | 12.1 x | 12.3 x | 12.8 x | 11 x | 9.85 x |
| EV / FCF | 22.4 x | 18.2 x | 56.4 x | 28.4 x | - | 24.5 x | 19.7 x | 18.1 x |
| FCF Yield | 4.47% | 5.48% | 1.77% | 3.52% | - | 4.09% | 5.06% | 5.52% |
| Price to Book | 5.45 x | 5.64 x | 7.94 x | 4.64 x | 4.41 x | 4.49 x | 4.08 x | 3.66 x |
| Nbr of stocks (in thousands) | 19,318 | 19,318 | 19,338 | 19,374 | 19,397 | 19,397 | - | - |
| Reference price 2 | 238.0 | 217.0 | 403.0 | 291.0 | 296.0 | 330.0 | 330.0 | 330.0 |
| Announcement Date | 2/18/20 | 2/24/21 | 2/23/22 | 2/24/23 | 2/22/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,865 | 1,464 | 1,917 | 2,530 | 2,683 | 2,865 | 3,146 | 3,434 |
| EBITDA 1 | 311.2 | 155.4 | 359.5 | 419.9 | 421.9 | 467.5 | 531.5 | 575.5 |
| EBIT 1 | 225.7 | 64.61 | 256 | 303.3 | 288 | 326.5 | 393.5 | 437.5 |
| Operating Margin | 12.1% | 4.41% | 13.36% | 11.99% | 10.74% | 11.4% | 12.51% | 12.74% |
| Earnings before Tax (EBT) 1 | 216 | 51.05 | 289.2 | 289.7 | 295.1 | 332.5 | 378 | 423.5 |
| Net income 1 | 151 | - | 214.7 | 198 | 214.8 | 241 | 265 | 296 |
| Net margin | 8.1% | - | 11.2% | 7.83% | 8.01% | 8.41% | 8.42% | 8.62% |
| EPS 2 | 7.840 | 1.820 | 11.11 | 10.24 | 11.08 | 12.42 | 13.68 | 15.28 |
| Free Cash Flow 1 | 201.5 | 229.7 | 130.2 | 178 | - | 244 | 295 | 313 |
| FCF margin | 10.8% | 15.69% | 6.79% | 7.04% | - | 8.52% | 9.38% | 9.11% |
| FCF Conversion (EBITDA) | 64.74% | 147.8% | 36.21% | 42.39% | - | 52.19% | 55.5% | 54.39% |
| FCF Conversion (Net income) | 133.43% | - | 60.62% | 89.9% | - | 101.24% | 111.32% | 105.74% |
| Dividend per Share 2 | - | 1.200 | 4.800 | 5.400 | 5.700 | 6.285 | 6.760 | 7.490 |
| Announcement Date | 2/18/20 | 2/24/21 | 2/23/22 | 2/24/23 | 2/22/24 | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 570.7 | 523.6 | 664 | 617 | 725 | 579 | 703 | 633.4 | 768 | 618.8 | 742 | 679.5 | 824 |
| EBITDA 1 | - | 74.62 | 129.8 | 83.71 | 131.8 | 65.92 | 122.6 | 71.74 | 161.7 | 79.77 | 129 | 88 | 163 |
| EBIT 1 | 90.42 | 45.65 | 100.5 | 66 | 103.1 | 36.39 | 91.77 | 37.62 | 122.3 | 43.18 | 91 | 67.5 | 124.5 |
| Operating Margin | 15.84% | 8.72% | 15.14% | 10.7% | 14.22% | 6.29% | 13.05% | 5.94% | 15.92% | 6.98% | 12.26% | 9.93% | 15.11% |
| Earnings before Tax (EBT) 1 | 85.89 | 42.09 | 97.57 | 49.96 | 100 | 33.06 | 87.8 | 31.43 | 142.8 | 64.34 | 86 | 62.5 | 122.5 |
| Net income 1 | 58.54 | 28.84 | 67.52 | 34 | 68 | 23 | 61 | 21.68 | 109.7 | 53.3 | 60.5 | 44 | 86.5 |
| Net margin | 10.26% | 5.51% | 10.17% | 5.51% | 9.38% | 3.97% | 8.68% | 3.42% | 14.29% | 8.61% | 8.15% | 6.48% | 10.5% |
| EPS 2 | 3.030 | 1.490 | 3.490 | 1.780 | 3.490 | 1.170 | 3.140 | 1.120 | 5.660 | 2.750 | 3.115 | 2.265 | 4.470 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/23/22 | 5/13/22 | 8/18/22 | 11/11/22 | 2/24/23 | 5/12/23 | 8/18/23 | 11/10/23 | 2/22/24 | 5/3/24 | - | - | - |
1SEK in Million2SEK
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 86.1 | - | 453 | 577 | 532 | 429 | 575 | 730 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 201 | 230 | 130 | 178 | - | 244 | 295 | 313 |
| ROE (net income / shareholders' equity) | 19.5% | 4.55% | 25.4% | 18.1% | 17.1% | 16.7% | 17.8% | 17.8% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 43.70 | 38.40 | 50.80 | 62.70 | 67.10 | 73.50 | 81.00 | 90.20 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 16.2 | 12.4 | 12.3 | 21 | - | 52.5 | 52.5 | 52.5 |
| Capex / Sales | 0.87% | 0.85% | 0.64% | 0.83% | - | 1.83% | 1.67% | 1.53% |
| Announcement Date | 2/18/20 | 2/24/21 | 2/23/22 | 2/24/23 | 2/22/24 | - | - | - |
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. | |
|---|---|---|
| +11.49% | 608M | |
| -20.37% | 2.95B | |
| -42.40% | 2B | |
| +30.96% | 1.82B | |
| -24.08% | 1.47B | |
| +26.28% | 851M | |
| -.--% | 813M | |
| +25.55% | 789M | |
| -5.32% | 674M | |
| -17.27% | 668M |
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- Financials BTS Group AB
