Electrical products for professionals

Malmbergs Elektriska

Malmbergs strives to be one of the strongest players in the field of electrical equipment. The core of the business is direct imports from manufacturers and efficient distribution without intermediaries. Malmbergs offers a broad assortment within electrical and installation products mainly to B2B. 70%+ of its customers are related to construction or industry and 20%+ within the DIY market. Malmbergs operates through 29 stores in 2017 and is listed on OMX Small Cap.

Financials

MALMBERGS ELEKTRISKA

SEKm 2017 2018 2019
Sales 643 639 649
Sales growth (%) -3,1 -0,6 1,5
EBITDA 61 78 89
EBITDA margin (%) 9,4 12,3 13,7
EBIT adj 57 71 81
EBIT adj margin (%) 8,9 11,2 12,5
Pretax profit 52 72 81
EPS rep 5,05 6,97 7,71
EPS growth (%) -50,3 38,1 10,7
EPS adj 5,48 6,97 7,71
DPS 5 5 5,5
EV/EBITDA (x) 12,3 8,5 7,4
EV/EBIT adj (x) 13 9,4 8
P/E (x) 19,8 12,8 11,6
P/E adj (x) 18,2 12,8 11,6
EV/sales (x) 1,2 1 1
FCF yield (%) 6,5 4,4 7,7
Dividend yield (%) 5 5,6 6,2
Net IB debt/EBITDA -0,9 -0,6 -0,7