Financials Saab AB

Equities

SAAB B

SE0021921269

Aerospace & Defense

Market Closed - Nasdaq Stockholm 11:29:36 2024-05-24 am EDT 5-day change 1st Jan Change
250.1 SEK +0.24% Intraday chart for Saab AB +4.30% +64.65%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 41,680 31,651 30,325 54,355 80,855 133,515 - -
Enterprise Value (EV) 1 48,749 35,924 32,450 51,923 78,512 130,235 129,211 125,260
P/E ratio 21.2 x 29.9 x 15.9 x 25 x 24.1 x 31.7 x 25.9 x 20.9 x
Yield - 1.96% 2.13% 1.29% 1.05% 0.91% 1.08% 1.28%
Capitalization / Revenue 1.18 x 0.89 x 0.77 x 1.29 x 1.57 x 2.17 x 1.9 x 1.65 x
EV / Revenue 1.38 x 1.01 x 0.83 x 1.24 x 1.52 x 2.11 x 1.84 x 1.55 x
EV / EBITDA 11.3 x 12.7 x 6.72 x 9.61 x 12 x 15.9 x 13.2 x 10.6 x
EV / FCF -30.3 x 12.3 x 10.2 x 22.2 x 26.9 x 168 x 42.2 x 24.8 x
FCF Yield -3.3% 8.1% 9.84% 4.51% 3.72% 0.6% 2.37% 4.04%
Price to Book 2.03 x 1.48 x 1.32 x 1.85 x 2.53 x 3.77 x 3.4 x 2.99 x
Nbr of stocks (in thousands) 531,297 528,614 526,704 529,386 532,293 533,848 - -
Reference price 2 78.45 59.88 57.58 102.7 151.9 250.1 250.1 250.1
Announcement Date 2/7/20 2/11/21 2/11/22 2/10/23 2/9/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 35,433 35,431 39,154 42,006 51,609 61,600 70,186 81,000
EBITDA 1 4,305 2,833 4,826 5,401 6,558 8,216 9,771 11,856
EBIT 1 2,937 2,738 2,888 3,274 4,272 5,698 6,873 8,527
Operating Margin 8.29% 7.73% 7.38% 7.79% 8.28% 9.25% 9.79% 10.53%
Earnings before Tax (EBT) 1 2,607 1,112 2,577 2,819 4,418 5,633 6,844 8,475
Net income 1 1,983 1,073 1,926 2,195 3,381 4,249 5,200 6,481
Net margin 5.6% 3.03% 4.92% 5.23% 6.55% 6.9% 7.41% 8%
EPS 2 3.702 2.002 3.612 4.102 6.290 7.879 9.639 11.99
Free Cash Flow 1 -1,607 2,909 3,193 2,344 2,924 777 3,064 5,059
FCF margin -4.54% 8.21% 8.15% 5.58% 5.67% 1.26% 4.37% 6.25%
FCF Conversion (EBITDA) - 102.68% 66.16% 43.4% 44.59% 9.46% 31.36% 42.67%
FCF Conversion (Net income) - 271.11% 165.78% 106.79% 86.48% 18.29% 58.93% 78.06%
Dividend per Share 2 - 1.175 1.225 1.325 1.600 2.265 2.693 3.191
Announcement Date 2/7/20 2/11/21 2/11/22 2/10/23 2/9/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 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 16,876 11,943 9,218 10,171 8,751 13,866 11,485 12,475 11,527 16,122 14,185 14,653 13,143 19,425 - -
EBITDA 1 - 1,587 1,148 1,255 1,115 1,883 1,484 1,618 1,424 2,032 1,819 1,944 1,724 2,729 - -
EBIT 1 1,212 1,076 654 738 568 1,314 928 1,065 859 1,420 1,191 1,328 1,109 2,119 - -
Operating Margin 7.18% 9.01% 7.09% 7.26% 6.49% 9.48% 8.08% 8.54% 7.45% 8.81% 8.4% 9.06% 8.44% 10.91% - -
Earnings before Tax (EBT) 1 - 1,001 485 - - 1,349 930 1,012 853 1,623 1,009 1,319 1,126 2,236 1,303 1,528
Net income 1 - 733 354 421 305 1,115 732 774 652 1,223 770 1,010 859.6 1,717 998.5 1,173
Net margin - 6.14% 3.84% 4.14% 3.49% 8.04% 6.37% 6.2% 5.66% 7.59% 5.43% 6.89% 6.54% 8.84% - -
EPS 2 - 1.380 0.6650 0.7875 0.5700 2.080 1.362 1.440 1.210 2.270 1.428 1.907 1.626 3.155 1.851 2.175
Dividend per Share - - - - - - - - - - - - - - - -
Announcement Date 7/17/20 2/11/22 4/22/22 7/21/22 10/28/22 2/10/23 4/26/23 7/20/23 10/26/23 2/9/24 4/26/24 - - - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 7,069 4,273 2,125 - - - - -
Net Cash position 1 - - - 2,432 2,343 3,280 4,305 8,255
Leverage (Debt/EBITDA) 1.642 x 1.508 x 0.4403 x - - - - -
Free Cash Flow 1 -1,607 2,909 3,193 2,344 2,924 777 3,064 5,059
ROE (net income / shareholders' equity) 9.93% 5.1% 9% 8.6% 11.1% 12.3% 13.5% 15.2%
ROA (Net income/ Total Assets) 3.42% 1.78% 3.07% - - 4.3% 4.9% 5.6%
Assets 1 57,993 60,213 62,804 - - 98,809 106,115 115,724
Book Value Per Share 2 38.60 40.60 43.60 55.60 60.10 66.40 73.50 83.70
Cash Flow per Share 2 2.230 10.80 10.70 8.700 12.00 11.20 15.40 20.40
Capex 1 2,801 2,891 2,520 2,310 3,538 3,468 3,840 4,119
Capex / Sales 7.91% 8.16% 6.44% 5.5% 6.86% 5.63% 5.47% 5.09%
Announcement Date 2/7/20 2/11/21 2/11/22 2/10/23 2/9/24 - - -
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
BUY
Number of Analysts
6
Last Close Price
250.1 SEK
Average target price
250.4 SEK
Spread / Average Target
+0.13%
Consensus