Market Closed -
Nasdaq Stockholm
11:29:37 2024-05-31 am EDT
|
5-day change
|
1st Jan Change
|
218.7
SEK
|
+0.88%
|
|
-2.58%
|
+8.16%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
136,225
|
176,260
|
261,850
|
220,336
|
233,963
|
255,399
|
-
|
-
|
Enterprise Value (EV)
1 |
136,708
|
172,123
|
260,546
|
224,027
|
241,787
|
266,351
|
261,006
|
255,073
|
P/E ratio
|
23.4
x
|
33.4
x
|
39.2
x
|
27.3
x
|
25.9
x
|
27.9
x
|
24.7
x
|
22.4
x
|
Yield
|
2.1%
|
1.67%
|
1.31%
|
1.79%
|
1.88%
|
1.79%
|
1.98%
|
2.16%
|
Capitalization / Revenue
|
3.33
x
|
4.88
x
|
6.6
x
|
4.43
x
|
3.88
x
|
3.96
x
|
3.71
x
|
3.49
x
|
EV / Revenue
|
3.35
x
|
4.77
x
|
6.57
x
|
4.51
x
|
4.01
x
|
4.13
x
|
3.79
x
|
3.49
x
|
EV / EBITDA
|
12.9
x
|
18.3
x
|
24
x
|
16.1
x
|
15.3
x
|
16.6
x
|
14.8
x
|
13.4
x
|
EV / FCF
|
22
x
|
23.5
x
|
39
x
|
49.3
x
|
44.3
x
|
27.7
x
|
24.3
x
|
21.9
x
|
FCF Yield
|
4.54%
|
4.26%
|
2.56%
|
2.03%
|
2.26%
|
3.61%
|
4.12%
|
4.56%
|
Price to Book
|
6.02
x
|
7.59
x
|
10.7
x
|
6.83
x
|
6.56
x
|
6.36
x
|
5.55
x
|
4.81
x
|
Nbr of stocks (in thousands)
|
1,202,552
|
1,205,567
|
1,206,255
|
1,206,183
|
1,206,846
|
1,207,570
|
-
|
-
|
Reference price
2 |
114.4
|
149.6
|
229.2
|
189.8
|
202.2
|
218.7
|
218.7
|
218.7
|
Announcement Date
|
1/31/20
|
1/26/21
|
1/26/22
|
1/31/23
|
1/24/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
40,849
|
36,122
|
39,645
|
49,694
|
60,343
|
64,457
|
68,861
|
73,076
|
EBITDA
1 |
10,560
|
9,415
|
10,844
|
13,885
|
15,780
|
16,086
|
17,651
|
18,975
|
EBIT
1 |
8,560
|
7,669
|
9,098
|
11,755
|
13,117
|
13,333
|
14,726
|
15,956
|
Operating Margin
|
20.96%
|
21.23%
|
22.95%
|
23.65%
|
21.74%
|
20.69%
|
21.38%
|
21.83%
|
Earnings before Tax (EBT)
1 |
7,843
|
7,087
|
8,964
|
10,778
|
12,235
|
12,494
|
14,100
|
15,430
|
Net income
1 |
5,874
|
5,399
|
7,058
|
8,397
|
9,431
|
9,519
|
10,764
|
11,828
|
Net margin
|
14.38%
|
14.95%
|
17.8%
|
16.9%
|
15.63%
|
14.77%
|
15.63%
|
16.19%
|
EPS
2 |
4.890
|
4.480
|
5.840
|
6.950
|
7.810
|
7.832
|
8.872
|
9.755
|
Free Cash Flow
1 |
6,205
|
7,329
|
6,681
|
4,544
|
5,456
|
9,614
|
10,752
|
11,624
|
FCF margin
|
15.19%
|
20.29%
|
16.85%
|
9.14%
|
9.04%
|
14.91%
|
15.61%
|
15.91%
|
FCF Conversion (EBITDA)
|
58.76%
|
77.84%
|
61.61%
|
32.73%
|
34.58%
|
59.76%
|
60.92%
|
61.26%
|
FCF Conversion (Net income)
|
105.64%
|
135.75%
|
94.66%
|
54.11%
|
57.85%
|
100.99%
|
99.89%
|
98.28%
|
Dividend per Share
2 |
2.400
|
2.500
|
3.000
|
3.400
|
3.800
|
3.904
|
4.331
|
4.734
|
Announcement Date
|
1/31/20
|
1/26/21
|
1/26/22
|
1/31/23
|
1/24/24
|
-
|
-
|
-
|
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 |
11,173
|
11,088
|
11,868
|
12,802
|
13,936
|
13,868
|
15,910
|
14,997
|
15,568
|
14,143
|
17,025
|
16,392
|
17,408
|
17,133
|
18,437
|
EBITDA
1 |
3,045
|
3,054
|
3,288
|
3,590
|
3,953
|
3,822
|
4,073
|
3,973
|
3,912
|
3,560
|
4,122
|
4,131
|
4,299
|
4,645
|
4,645
|
EBIT
1 |
2,554
|
2,588
|
2,801
|
3,064
|
3,302
|
3,187
|
3,429
|
3,272
|
3,229
|
2,887
|
3,483
|
3,391
|
3,560
|
3,768
|
3,768
|
Operating Margin
|
22.86%
|
23.34%
|
23.6%
|
23.93%
|
23.69%
|
22.98%
|
21.55%
|
21.82%
|
20.74%
|
20.41%
|
20.46%
|
20.68%
|
20.45%
|
21.99%
|
20.44%
|
Earnings before Tax (EBT)
1 |
2,567
|
2,564
|
2,292
|
2,876
|
3,046
|
2,964
|
3,428
|
2,929
|
2,914
|
2,644
|
3,194
|
3,157
|
3,409
|
3,336
|
3,554
|
Net income
1 |
2,054
|
1,997
|
1,770
|
2,239
|
2,391
|
2,290
|
2,645
|
2,235
|
2,261
|
2,008
|
2,417
|
2,422
|
2,577
|
2,566
|
2,734
|
Net margin
|
18.38%
|
18.01%
|
14.91%
|
17.49%
|
17.16%
|
16.51%
|
16.62%
|
14.9%
|
14.52%
|
14.2%
|
14.2%
|
14.78%
|
14.8%
|
14.98%
|
14.83%
|
EPS
2 |
1.700
|
1.650
|
1.470
|
1.850
|
1.980
|
1.900
|
2.190
|
1.850
|
1.870
|
1.660
|
2.016
|
2.023
|
2.139
|
2.126
|
2.264
|
Dividend per Share
2 |
3.000
|
-
|
1.500
|
-
|
1.900
|
-
|
-
|
-
|
3.800
|
-
|
0.9500
|
-
|
3.391
|
-
|
0.9300
|
Announcement Date
|
1/26/22
|
4/25/22
|
7/20/22
|
10/26/22
|
1/31/23
|
4/28/23
|
7/18/23
|
10/27/23
|
1/24/24
|
4/23/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
483
|
-
|
-
|
3,691
|
7,824
|
10,952
|
5,607
|
-
|
Net Cash position
1 |
-
|
4,137
|
1,304
|
-
|
-
|
-
|
-
|
326
|
Leverage (Debt/EBITDA)
|
0.0457
x
|
-
|
-
|
0.2658
x
|
0.4958
x
|
0.6809
x
|
0.3177
x
|
-
|
Free Cash Flow
1 |
6,205
|
7,329
|
6,681
|
4,544
|
5,456
|
9,614
|
10,752
|
11,624
|
ROE (net income / shareholders' equity)
|
28.4%
|
22.7%
|
29.5%
|
28.4%
|
26.8%
|
24.3%
|
24.1%
|
22.6%
|
ROA (Net income/ Total Assets)
|
15.2%
|
13.2%
|
15.3%
|
15.2%
|
14.6%
|
13.1%
|
13.5%
|
13.4%
|
Assets
1 |
38,596
|
40,806
|
46,234
|
55,181
|
64,782
|
72,898
|
79,905
|
88,108
|
Book Value Per Share
2 |
19.00
|
19.70
|
21.40
|
27.80
|
30.80
|
34.40
|
39.40
|
45.50
|
Cash Flow per Share
2 |
5.570
|
6.920
|
6.300
|
4.600
|
5.920
|
9.440
|
9.420
|
10.80
|
Capex
1 |
1,023
|
1,005
|
926
|
1,014
|
1,687
|
1,785
|
1,921
|
1,972
|
Capex / Sales
|
2.5%
|
2.78%
|
2.34%
|
2.04%
|
2.8%
|
2.77%
|
2.79%
|
2.7%
|
Announcement Date
|
1/31/20
|
1/26/21
|
1/26/22
|
1/31/23
|
1/24/24
|
-
|
-
|
-
|
Last Close Price
218.7
SEK Average target price
200.4
SEK Spread / Average Target -8.37% Consensus |
1st Jan change
|
Capi.
|
---|
| +8.16% | 24.24B | | +10.14% | 56.35B | | +15.14% | 34.14B | | +28.70% | 29.23B | | +24.65% | 27.67B | | +13.70% | 24.1B | | +4.64% | 16.6B | | -13.30% | 13.28B | | +20.07% | 12.34B | | +22.03% | 10.04B |
Other Heavy Machinery & Vehicles
|