Useful bacteria

BioGaia

BioGaia develops, markets and sells probiotic products. Probiotics are useful bacteria that have documented positive health effects in the body. The applications for BioGaia products are mainly in gastrointestinal, oral and immune health and the products are available in a variety of different types of bottles. Sales are mainly through distribution partners in pharmacies worldwide. The company has two business areas: Pediatrics and Adult Health.

Financials

BIOGAIA

SEKm 2017 2018 2019
Sales 615 777 914
Sales growth (%) 15 26,4 17,6
EBITDA 240 292 333
EBITDA margin (%) 39,1 37,6 36,4
EBIT adj 234 285 325
EBIT adj margin (%) 38 36,7 35,5
Pretax profit 233 286 325
EPS rep 10,48 12,86 14,62
EPS growth (%) -16,1 22,7 13,7
EPS adj 10,48 12,86 14,62
DPS 9 9 9,5
EV/EBITDA (x) 22,2 26 22,6
EV/EBIT adj (x) 22,8 26,6 23,2
P/E (x) 31,1 35,6 31,3
P/E adj (x) 31,1 35,6 31,3
EV/sales (x) 8,7 9,8 8,2
FCF yield (%) 3,5 2,2 2,8
Dividend yield (%) 2,8 2 2,1
Net IB debt/EBITDA -1,3 -1,1 -1,2