Market Closed -
London S.E.
11:25:00 2024-07-05 am EDT
|
5-day change
|
1st Jan Change
|
133.5
SEK
|
-0.93%
|
|
-1.98%
|
+14.70%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
7,472
|
10,652
|
11,279
|
9,068
|
12,332
|
14,128
|
-
|
-
|
Enterprise Value (EV)
1 |
10,937
|
13,944
|
14,922
|
13,445
|
15,565
|
16,866
|
16,023
|
15,583
|
P/E ratio
|
12.4
x
|
23.8
x
|
19
x
|
13
x
|
12.2
x
|
14
x
|
10.5
x
|
9
x
|
Yield
|
-
|
1.1%
|
2.12%
|
2.93%
|
2.59%
|
2.4%
|
3.05%
|
3.68%
|
Capitalization / Revenue
|
0.62
x
|
0.97
x
|
0.62
x
|
0.37
x
|
0.55
x
|
0.62
x
|
0.54
x
|
0.48
x
|
EV / Revenue
|
0.91
x
|
1.27
x
|
0.82
x
|
0.55
x
|
0.69
x
|
0.73
x
|
0.62
x
|
0.53
x
|
EV / EBITDA
|
8.24
x
|
11.6
x
|
8.85
x
|
6.51
x
|
6.52
x
|
6.98
x
|
5.61
x
|
4.97
x
|
EV / FCF
|
-73.4
x
|
16.3
x
|
98.2
x
|
123
x
|
7.54
x
|
17.4
x
|
13.2
x
|
9.98
x
|
FCF Yield
|
-1.36%
|
6.15%
|
1.02%
|
0.81%
|
13.3%
|
5.76%
|
7.55%
|
10%
|
Price to Book
|
1.73
x
|
1.51
x
|
1.63
x
|
1.11
x
|
1.4
x
|
1.48
x
|
1.34
x
|
1.21
x
|
Nbr of stocks (in thousands)
|
75,517
|
106,309
|
106,309
|
106,309
|
106,309
|
106,309
|
-
|
-
|
Reference price
2 |
98.95
|
100.2
|
106.1
|
85.30
|
116.0
|
132.9
|
132.9
|
132.9
|
Announcement Date
|
1/30/20
|
1/28/21
|
1/27/22
|
1/26/23
|
1/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
11,978
|
11,008
|
18,130
|
24,492
|
22,518
|
22,947
|
25,925
|
29,458
|
EBITDA
1 |
1,327
|
1,201
|
1,686
|
2,064
|
2,389
|
2,417
|
2,854
|
3,136
|
EBIT
1 |
866
|
648
|
1,008
|
1,150
|
1,536
|
1,525
|
1,898
|
2,177
|
Operating Margin
|
7.23%
|
5.89%
|
5.56%
|
4.7%
|
6.82%
|
6.65%
|
7.32%
|
7.39%
|
Earnings before Tax (EBT)
1 |
686
|
454
|
743
|
884
|
1,261
|
1,277
|
1,720
|
2,050
|
Net income
1 |
600
|
363
|
595
|
700
|
1,010
|
1,012
|
1,344
|
1,570
|
Net margin
|
5.01%
|
3.3%
|
3.28%
|
2.86%
|
4.49%
|
4.41%
|
5.18%
|
5.33%
|
EPS
2 |
7.950
|
4.210
|
5.580
|
6.580
|
9.480
|
9.521
|
12.66
|
14.76
|
Free Cash Flow
1 |
-149
|
857
|
152
|
109
|
2,064
|
971
|
1,210
|
1,562
|
FCF margin
|
-1.24%
|
7.79%
|
0.84%
|
0.45%
|
9.17%
|
4.23%
|
4.67%
|
5.3%
|
FCF Conversion (EBITDA)
|
-
|
71.36%
|
9.02%
|
5.28%
|
86.4%
|
40.18%
|
42.41%
|
49.81%
|
FCF Conversion (Net income)
|
-
|
236.09%
|
25.55%
|
15.57%
|
204.36%
|
95.94%
|
90.06%
|
99.46%
|
Dividend per Share
2 |
-
|
1.100
|
2.250
|
2.500
|
3.000
|
3.183
|
4.050
|
4.890
|
Announcement Date
|
1/30/20
|
1/28/21
|
1/27/22
|
1/26/23
|
1/25/24
|
-
|
-
|
-
|
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
|
---|
Net sales
1 |
4,857
|
6,080
|
6,875
|
6,172
|
5,366
|
5,968
|
6,008
|
5,575
|
4,967
|
5,428
|
6,094
|
5,900
|
5,410
|
EBITDA
1 |
299
|
528
|
663
|
610
|
344
|
-
|
655
|
690
|
-
|
560
|
668
|
643
|
545
|
EBIT
1 |
139
|
357
|
374
|
345
|
153
|
401
|
450
|
439
|
245
|
356
|
453.5
|
428.5
|
290
|
Operating Margin
|
2.86%
|
5.87%
|
5.44%
|
5.59%
|
2.85%
|
6.72%
|
7.49%
|
7.87%
|
4.93%
|
6.56%
|
7.44%
|
7.26%
|
5.36%
|
Earnings before Tax (EBT)
1 |
-46
|
331
|
380
|
192
|
60
|
315
|
366
|
403
|
177
|
293
|
376
|
353
|
256
|
Net income
1 |
-23
|
261
|
295
|
156
|
51
|
254
|
316
|
332
|
108
|
237
|
305
|
289
|
174
|
Net margin
|
-0.47%
|
4.29%
|
4.29%
|
2.53%
|
0.95%
|
4.26%
|
5.26%
|
5.96%
|
2.17%
|
4.37%
|
5.01%
|
4.9%
|
3.22%
|
EPS
2 |
-0.2100
|
2.450
|
2.780
|
1.470
|
0.4800
|
2.380
|
2.970
|
3.120
|
-
|
2.230
|
2.790
|
2.620
|
1.900
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
1/27/22
|
4/21/22
|
7/15/22
|
10/20/22
|
1/26/23
|
4/27/23
|
7/14/23
|
10/26/23
|
1/25/24
|
4/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
3,465
|
3,292
|
3,643
|
4,377
|
3,233
|
2,737
|
1,895
|
1,455
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.611
x
|
2.741
x
|
2.161
x
|
2.121
x
|
1.353
x
|
1.133
x
|
0.6637
x
|
0.464
x
|
Free Cash Flow
1 |
-149
|
857
|
152
|
109
|
2,064
|
971
|
1,211
|
1,562
|
ROE (net income / shareholders' equity)
|
14.4%
|
7.6%
|
9.22%
|
9.25%
|
11.5%
|
11.1%
|
13.4%
|
14.1%
|
ROA (Net income/ Total Assets)
|
-
|
-
|
4.05%
|
-
|
5.9%
|
-
|
-
|
-
|
Assets
1 |
-
|
-
|
14,710
|
-
|
17,109
|
-
|
-
|
-
|
Book Value Per Share
2 |
57.10
|
66.50
|
65.20
|
77.10
|
82.70
|
89.70
|
99.20
|
110.0
|
Cash Flow per Share
2 |
19.10
|
16.40
|
7.840
|
10.40
|
30.90
|
21.70
|
18.10
|
20.60
|
Capex
1 |
1,590
|
557
|
836
|
993
|
1,227
|
1,139
|
817
|
725
|
Capex / Sales
|
13.27%
|
5.06%
|
4.61%
|
4.05%
|
5.45%
|
4.96%
|
3.15%
|
2.46%
|
Announcement Date
|
1/30/20
|
1/28/21
|
1/27/22
|
1/26/23
|
1/25/24
|
-
|
-
|
-
|
Last Close Price
132.9
SEK Average target price
151.7
SEK Spread / Average Target +14.12% Consensus |
1st Jan change
|
Capi.
|
---|
| +84.04% | 14.26B | | +23.91% | 10.43B | | +11.70% | 6.51B | | +35.71% | 6.43B | | -7.41% | 4.87B | | -4.43% | 2.05B | | +66.06% | 1.87B | | +22.99% | 1.39B | | +13.04% | 1.07B |
Primary Aluminum Production
|