Environmental and safety control of vehicles

Opus Group

Headquartered in Gothenburg, Sweden, Opus Group offers vehicle inspection programs for safety testing and emission controls, equipment sales and servicing, and support of advanced vehicles globally. Opus operates in both centralised and decentralised vehicle inspection programs, with the decentralised programs concentrated to the US. Opus also offers Equipment-as-a-Service contracts to decentralised workshops in parts of the US. While Sweden is an important division for Opus, the company is the market leader in the US and is present in Latin America, Pakistan, Spain, the UK and Australia.

Financials

OPUS GROUP

SEKm 2017 2018 2019
Sales 1858 2490 2758
Sales growth (%) 9,4 34 10,8
EBITDA 281 510 597
EBITDA margin (%) 15,1 20,5 21,6
EBIT adj 107 239 316
EBIT adj margin (%) 5,8 9,6 11,5
Pretax profit -25 63 212
EPS rep 0,18 0,18 0,6
EPS growth (%) -27,5 0,6 229,2
EPS adj 0,27 0,18 0,6
DPS 0,05 0,12 0,15
EV/EBITDA (x) 10,3 7 5,8
EV/EBIT adj (x) 27,1 15 11
P/E (x) 35,8 36,4 11,1
P/E adj (x) 23,7 36,4 11,1
EV/sales (x) 1,6 1,4 1,3
FCF yield (%) -11,8 -27,6 5
Dividend yield (%) 0,8 1,8 2,3
Net IB debt/EBITDA 3,4 3,2 2,6