Leading dealerships of construction equipment with strong aftermarket offerings

FERRONORDIC

Ferronordic is an authorized dealer of construction equipment under a number of brands throughout Russia. These brands include Volvo CE, Terex Trucks, Dressta, Mecalac and Rottne. In addition, Ferronordic is an authorized aftermarket dealer for Volvo Trucks and Renault Trucks. The company’s goal is to become the leading service and sales company in the CIS markets.

Key Figures

FERRONORDIC

SEKm 2017 2018 2019
Sales 2567 3023 3615
Sales growth (%) 54.8 17.8 19.6
EBITDA 214 287 340
EBITDA margin (%) 8.3 9.5 9.4
EBIT adj 187 251 304
EBIT adj margin (%) 7.3 8.3 8.4
Pretax profit 193 248 303
EPS rep 8.07 12.14 16.28
EPS growth (%) 165 50.3 34.2
EPS adj 9.37 13.1 16.28
DPS 1.73 4 5.5
EV/EBITDA (x) 6.1 5.5 4.3
EV/EBIT adj (x) 7 6.3 4.8
P/E (x) 18.6 10.9 8.1
P/E adj (x) 16.1 10.1 8.1
EV/sales (x) 0.5 0.5 0.4
FCF yield (%) 8.9 7 9.6
Dividend yield (%) 1.1 3 4.2
Net IB debt/EBITDA -1.5 -1.2 -1.4

No valution for the company

There is no interview for the company