Financials Norva24 Group AB

Equities

NORVA

SE0017084759

Business Support Services

Market Closed - Nasdaq Stockholm 12:00:00 2024-07-12 pm EDT 5-day change 1st Jan Change
29.15 SEK +0.34% Intraday chart for Norva24 Group AB -1.19% +23.00%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 6,106 5,824 4,369 5,410 - -
Enterprise Value (EV) 2 6,869 6,898 5,620 6,993 6,729 6,483
P/E ratio 39.7 x 44.1 x 19.4 x 23.8 x 20 x 17.1 x
Yield - - - - - -
Capitalization / Revenue 3.01 x 2.36 x 1.39 x 1.48 x 1.35 x 1.28 x
EV / Revenue 3.39 x 2.8 x 1.78 x 1.91 x 1.68 x 1.53 x
EV / EBITDA 14.9 x 13.3 x 8.81 x 9.14 x 7.86 x 7.03 x
EV / FCF 106 x 23 x 14 x 45.3 x 16.7 x 14.5 x
FCF Yield 0.95% 4.34% 7.14% 2.21% 6% 6.92%
Price to Book 3.59 x 3.54 x 2.13 x 2.3 x 2.07 x 1.82 x
Nbr of stocks (in thousands) 182,474 182,683 182,541 182,375 - -
Reference price 3 34.18 33.80 23.70 29.15 29.15 29.15
Announcement Date 2/28/22 2/24/23 2/23/24 - - -
1SEK in Million2NOK in Million3SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 2,025 2,466 3,152 3,662 4,015 4,234
EBITDA 1 - 461.8 520 637.6 765 855.8 922.5
EBIT 1 - 229.7 244.3 283.9 387.6 452.4 508.2
Operating Margin - 11.34% 9.9% 9.01% 10.58% 11.27% 12%
Earnings before Tax (EBT) 1 - 80.2 196.3 233.7 303.8 352.4 404.9
Net income 1 112.1 86 139.5 226.6 223 266.3 309.7
Net margin - 4.25% 5.66% 7.19% 6.09% 6.63% 7.31%
EPS 2 27.97 0.8618 0.7667 1.219 1.224 1.459 1.708
Free Cash Flow 1 - 65.1 299.5 401.4 154.5 403.5 448.5
FCF margin - 3.21% 12.14% 12.74% 4.22% 10.05% 10.59%
FCF Conversion (EBITDA) - 14.1% 57.6% 62.95% 20.2% 47.15% 48.62%
FCF Conversion (Net income) - 75.7% 214.7% 177.14% 69.28% 151.52% 144.82%
Dividend per Share 2 - - - - - - -
Announcement Date 11/30/21 2/28/22 2/24/23 2/23/24 - - -
1NOK 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 1 588.9 526.4 608.5 612 719.5 704.6 799.4 792.2 855.7 769.9 927.2 952.2 1,021 924 1,049
EBITDA 1 135.4 99.5 130.6 146.9 137.4 124.6 150.8 195.6 160 131.5 198.6 226.3 206.3 160 232
EBIT 1 74.8 36.3 63.6 77.7 61.1 46 67.8 110.1 60 40.4 101.3 126.8 103.3 64 135
Operating Margin 12.7% 6.9% 10.45% 12.7% 8.49% 6.53% 8.48% 13.9% 7.01% 5.25% 10.92% 13.32% 10.12% 6.93% 12.87%
Earnings before Tax (EBT) 1 27.5 24.7 75.6 69.3 26.7 44.8 77.8 87.8 23.4 37 83.41 106.3 83.14 39 110
Net income 1 50.7 18.2 58.2 49.8 13.3 32.6 56.7 70.4 66.9 21.3 64.04 81.1 63.33 28 85
Net margin 8.61% 3.46% 9.56% 8.14% 1.85% 4.63% 7.09% 8.89% 7.82% 2.77% 6.91% 8.52% 6.2% 3.03% 8.1%
EPS 2 0.3830 0.1037 0.3494 0.2839 0.0706 0.1550 0.3200 0.3811 0.3637 0.1204 0.3830 0.4560 0.3470 0.1510 0.4720
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 2/28/22 5/31/22 8/24/22 11/23/22 2/24/23 5/23/23 8/22/23 11/21/23 2/23/24 5/22/24 - - - - -
1NOK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 764 1,074 1,250 1,583 1,318 1,073
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) - 1.653 x 2.066 x 1.961 x 2.069 x 1.541 x 1.163 x
Free Cash Flow 1 - 65.1 300 401 155 404 449
ROE (net income / shareholders' equity) - 7.45% 8.33% 11.9% 11% 11.4% 11.7%
ROA (Net income/ Total Assets) - 2.98% 4.08% 5.8% 5.3% 5.9% 6.5%
Assets 1 - 2,885 3,416 3,907 4,208 4,514 4,765
Book Value Per Share 2 - 9.510 9.550 11.10 12.60 14.10 16.00
Cash Flow per Share 2 - 5.640 1.900 2.970 3.620 3.820 4.220
Capex 1 - 70.8 43.8 153 144 157 154
Capex / Sales - 3.5% 1.78% 4.84% 3.92% 3.91% 3.64%
Announcement Date 11/30/21 2/28/22 2/24/23 2/23/24 - - -
1NOK 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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
29.15 SEK
Average target price
34.25 SEK
Spread / Average Target
+17.50%
Consensus
  1. Stock Market
  2. Equities
  3. NORVA Stock
  4. Financials Norva24 Group AB