Press the button and be introduced to a new random company!

Introduce me >

UPCOMING EVENTS

We arrange several open investor events with our covered companies each year. Please subscribe to get information about our upcoming Introduce events. 

Sign up >

Social media

facebook   Meet us at Facebook

facebook   Follow us on Twitter

   Follow us on LinkedIn

Empir Group

SEKm 2018 2019e 2020e
Sales 264 291 305
Sales growth (%) 20,7 10,2 4,9
EBITDA 4 27 32
EBITDA margin (%) 1,4 9,4 10,4
EBIT adj 6 10 13
EBIT adj margin (%) 2,3 3,5 4,4
Pretax profit -1 9 13
EPS rep -0,44 1,55 2,09
EPS growth (%) -132 450,2 34,4
EPS adj 1,55 1,64 2,09
DPS 0,45 0,48 0,63
EV/EBITDA (x) 18,1 3,3 2,7
EV/EBIT adj (x) 10,9 8,9 6,5
P/E (x) -38,5 9,5 7,1
P/E adj (x) 11 9 7,1
EV/sales (x) 0,3 0,3 0,3
FCF yield (%) -3 5,3 9,5
Dividend yield (%) 2,6 3,2 4,2
Net IB debt/EBITDA -4,4 0 -0,1
SEKm 2018 2019e 2020e
Sales 264 291 305
COGS 0 0 0
Gross profit 264 291 305
Other operating items -260 -264 -273
EBITDA 4 27 32
Depreciation on tangibles -5 -18 -18
Depreciation on intangibles 0 0 0
EBITA -1 10 13
Goodwill impairment charges 0 0 0
Other impairment and amortisation 0 0 0
EBIT -1 10 13
Other financial items 0 0 0
Net financial items 0 -1 -1
Associated income 0 0 0
Other EO items 0 0 0
Pretax profit -1 9 13
Tax -1 0 -1
Net profit -2 9 12
Minority interest 0 -1 0
Net profit discontinued 0 0 0
Net profit to shareholders -2 8 11
EPS -0,44 1,55 2,09
EPS Adj 1,55 1,64 2,09
Total extraordinary items after tax -7,5 -0,5 0
Tax rate (%) 44 -1,4 -10
Gross margin (%) 100 100 100
EBITDA margin (%) 1,4 9,4 10,4
EBITA margin (%) -0,5 3,3 4,4
EBIT margin (%) -0,5 3,3 4,4
Pretax margin (%) -0,5 3,1 4,2
Net margin (%) -0,7 3,1 3,8
Growth rates Y/Y 2018 2019 2020
Sales growth (%) 20,7 10,2 4,9
EBITDA growth (%) -49,4 636,2 16,8
EBIT growth (%) -126,8 820,1 38,3
Net profit growth (%) -142 563,2 28,4
EPS growth (%) -132 450,2 34,4
Profitability 2018 2019 2020
ROE (%) -1,4 5,9 7,2
ROE Adj (%) 4,8 6,3 7,2
ROCE (%) -0,9 5 6,3
ROCE Adj(%) 4,1 5,3 6,3
ROIC (%) -1,7 6,3 7,1
ROIC Adj (%) 7,7 6,7 7,1
Adj earnings numbers 2018 2019 2020
EBITDA Adj 11 28 32
EBITDA Adj margin (%) 4,2 9,6 10,4
EBITA Adj 6 10 13
EBITA Adj margin (%) 2,3 3,5 4,4
EBIT Adj 6 10 13
EBIT Adj margin (%) 2,3 3,5 4,4
Pretax profit Adj 6 10 13
Net profit Adj 6 10 12
Net profit to shareholders Adj 6 9 11
Net Adj margin (%) 2,1 3,3 3,8
SEKm 2018 2019e 2020e
EBITDA 4 27 32
Net financial items 0 -1 -1
Paid tax 1 0 -1
Non-cash items -5 0 0
Cash flow before change in WC -1 27 30
Change in WC 12 -7 -5
Operating cash flow 11 14 14
CAPEX tangible fixed assets -5 -6 -6
CAPEX intangible fixed assets -1 -4 0
Acquisitions and disposals -7 0 0
Free cash flow -2 4 8
Dividend paid 0 -2 -3
Share issues and buybacks 11 15 0
Other non cash items -6 -34 -1
Decrease in net IB debt 3 -16 4
Balance Sheet (SEKm) 2018 2019 2020
Goodwill 111 111 111
Indefinite intangible assets 0 0 0
Definite intangible assets 13 17 17
Tangible fixed assets 3 2 3
Other fixed assets 9 32 32
Fixed assets 136 162 162
Inventories 0 0 0
Receivables 54 64 76
Other current assets 20 0 0
Cash and liquid assets 41 45 49
Total assets 251 271 287
Shareholders equity 132 154 163
Minority 19 10 11
Total equity 151 165 174
Long-term debt 21 32 32
Pension debt 0 0 0
Convertible debt 0 0 0
Deferred tax 1 1 1
Other long-term liabilities 0 0 0
Short-term debt 4 14 14
Accounts payable 28 47 53
Other current liabilities 47 14 15
Total liabilities and equity 110 189 251
Net IB debt -16 0 -4
Net IB debt excl. pension debt -16 0 -4
Capital invested 135 168 173
Working capital -1 6 11
EV breakdown 2018 2019 2020
Market cap. diluted (m) 64 80 80
Net IB debt Adj -16 0 -4
Market value of minority 19 10 11
Reversal of shares and participations 0 0 0
Reversal of conv. debt assumed equity 0 0 0
EV 67 91 87
Capital efficiency (%) 2018 2019 2020
Total assets turnover (%) 120 111,5 109,3
Capital invested turnover (%) 229,4 192,2 179,2
Capital employed turnover (%) 175,7 150,8 142,4
Inventories / sales (%) 0 0 0
Customer advances / sales (%) 5,1 6,7 3,9
Payables / sales (%) 17,4 12,7 16,3
Working capital / sales (%) 1,8 0,8 2,8
Financial risk and debt service 2018 2019 2020
Net debt / equity (%) -10,7 0 -2,1
Net debt / market cap (%) -16,3 -0,1 -4,6
Equity ratio (%) 60,3 60,7 60,4
Net IB debt adj. / equity (%) -10,7 0 -2,1
Current ratio (%) 146,6 147,5 154,1
EBITDA / net interest (%) 0 4638,3 5416
Net IB debt / EBITDA (%) -437,4 -0,3 -11,6
Interest cover (%) N/A 1651,7 2283,9
SEKm 2018 2019e 2020e
Shares outstanding adj. 4 5 5
Fully diluted shares Adj 4 5 5
EPS -0,44 1,55 2,09
Dividend per share Adj 0,5 0,5 0,6
EPS Adj 1,55 1,64 2,09
BVPS 35,08 28,26 29,86
BVPS Adj 2,2 4,85 6,46
Net IB debt / share -4,3 0 -0,7
Share price 26,41 14,75 14,75
Market cap. (m) 100 80 80
Valuation 2018 2019 2020
P/E -38,5 9,5 7,1
EV/sales 0,25 0,31 0,29
EV/EBITDA 18,1 3,3 2,7
EV/EBITA -49,6 9,3 6,5
EV/EBIT -49,6 9,3 6,5
Dividend yield (%) 2,6 3,2 4,2
FCF yield (%) -3 5,3 9,5
P/BVPS 0,49 0,52 0,49
P/BVPS Adj 7,74 3,04 2,28
P/E Adj 11 9 7,1
EV/EBITDA Adj 6 3,3 2,7
EV/EBITA Adj 10,9 8,9 6,5
EV/EBIT Adj 10,9 8,9 6,5
EV/cap. employed 0,4 0,4 0,4
Investment ratios 2018 2019 2020
Capex / sales 2,2 3,2 2
Capex / depreciation 113,3 53,6 33,1
Capex tangibles / tangible fixed assets 161,6 233,1 229,9
Capex intangibles / definite intangibles 4,7 21,6 0
Depreciation on intangibles / definite intangibles 0 0 0
Depreciation on tangibles / tangibles 159,9 704,3 694,5

Key Figure Counter

It is not always easy to generate comparative valuations. Therefore, in order to make it easier for you as an investor, we have created this key figure calculator. Enter share price in the field below and then select the year in which you want to retrieve the financial data.

Update

P/E

Learn more

A common valuation multiple, the share price is divided by earnings per share.

P/E ratio stands for Price and Earnings. By dividing a company's market cap to its earnings, investors get a key ratio which they are able to compare between different companies. The ratio can either be calculated on historical or forward-looking numbers. 

It is important to notice that earnings are calculated after taxes, which mean that they can vary between companies due to different accounting standards.

7,1

EV/EBIT

Learn more

EV stands for Enterprise Value and is calculated as a company's markets cap in addition to its net debt. The net debt itself is computed through the company's interest-bearing debt minus total cash and cash equivalents. 

EBIT is the Earnings Before Interest and Taxes which is the operating income. This result, in comparison to the P/E ratio, is not affected by any financial items.

(
)
5,4

EV/Sales

Learn more

EV stands for Enterprise Value and is calculated as a company's market cap adjusted for its net debt. The net debt itself is computed through the company's interest-bearing debt minus total cash and cash equivalents. S is the company's total sales.

(
)
0,2

P/BVPS

Learn more

P/B stands for Price to Book, which is used to compare a share's market cap to its book value. A P/B ratio that is below one is considered to be valued below its assets.

Companies with high return on equity are usually associated with high P/B ratios, and vice versa. 

 

(
)
0,5