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

Introduce me >

Social media

facebook   Follow us on Twitter

Nolato

SEKm 2018 2019e 2020e
Sales 8102 7904 9173
Sales growth (%) 20,6 -2,4 16,1
EBITDA 1189 1241 1394
EBITDA margin (%) 14,7 15,7 15,2
EBIT adj 938 902 1058
EBIT adj margin (%) 11,6 11,4 11,5
Pretax profit 921 870 1023
EPS rep 27,32 25,9 30,12
EPS growth (%) 25,7 -5,2 16,3
EPS adj 27,51 26,17 30,49
DPS 14 14 14,2
EV/EBITDA (x) 8 11,6 10,1
EV/EBIT adj (x) 10,2 16 13,3
P/E (x) 13,4 21 18,1
P/E adj (x) 13,3 20,8 17,8
EV/sales (x) 1,2 1,8 1,5
FCF yield (%) 6,7 3,6 5
Dividend yield (%) 3,8 2,6 2,6
Net IB debt/EBITDA -0,1 0 -0,2
SEKm 2018 2019e 2020e
Sales 8102 7904 9173
COGS -6845 -6656 -7705
Gross profit 1257 1248 1468
Other operating items -68 -7 -74
EBITDA 1189 1241 1394
Depreciation on tangibles -240 -332 -326
Depreciation on intangibles 0 0 0
EBITA 949 909 1067
Goodwill impairment charges 0 0 0
Other impairment and amortisation -8 -7 -10
EBIT 941 902 1058
Other financial items 0 0 0
Net financial items -20 -32 -35
Associated income 0 0 0
Other EO items 0 0 0
Pretax profit 921 870 1023
Tax -199 -184 -225
Net profit 722 686 798
Minority interest 0 0 0
Net profit discontinued 0 0 0
Net profit to shareholders 722 686 798
EPS 27,32 25,9 30,12
EPS Adj 27,51 26,17 30,49
Total extraordinary items after tax 3 0 0
Tax rate (%) -21,6 -21,1 -22
Gross margin (%) 15,5 15,8 16
EBITDA margin (%) 14,7 15,7 15,2
EBITA margin (%) 11,7 11,5 11,6
EBIT margin (%) 11,6 11,4 11,5
Pretax margin (%) 11,4 11 11,1
Net margin (%) 8,9 8,7 8,7
Growth rates Y/Y 2018 2019 2020
Sales growth (%) 20,6 -2,4 16,1
EBITDA growth (%) 21,3 4,4 12,3
EBIT growth (%) 25,6 -4,1 17,2
Net profit growth (%) 26,2 -5 16,3
EPS growth (%) 25,7 -5,2 16,3
Profitability 2018 2019 2020
ROE (%) 30,4 24,6 25
ROE Adj (%) 30,6 24,9 25,3
ROCE (%) 29,6 24 24,3
ROCE Adj(%) 29,7 24,1 24,5
ROIC (%) 28,3 23,6 24,4
ROIC Adj (%) 28,2 23,6 24,4
Adj earnings numbers 2018 2019 2020
EBITDA Adj 1186 1241 1394
EBITDA Adj margin (%) 14,6 15,7 15,2
EBITA Adj 946 909 1067
EBITA Adj margin (%) 11,7 11,5 11,6
EBIT Adj 938 902 1058
EBIT Adj margin (%) 11,6 11,4 11,5
Pretax profit Adj 926 877 1032
Net profit Adj 727 693 807
Net profit to shareholders Adj 727 693 807
Net Adj margin (%) 9 8,8 8,8
SEKm 2018 2019e 2020e
EBITDA 1189 1241 1394
Net financial items -20 -32 -35
Paid tax -199 -184 -225
Non-cash items 0 0 0
Cash flow before change in WC 970 1025 1134
Change in WC 85 -132 -38
Operating cash flow 1045 983 1133
CAPEX tangible fixed assets -398 -467 -413
CAPEX intangible fixed assets 0 0 0
Acquisitions and disposals 0 0 0
Free cash flow 647 516 720
Dividend paid 329 370 371
Share issues and buybacks 0 0 0
Other non cash items -759 -1099 -778
Decrease in net IB debt 312 -183 349
Balance Sheet (SEKm) 2018 2019 2020
Goodwill 780 782 748
Indefinite intangible assets 0 0 0
Definite intangible assets 0 0 0
Tangible fixed assets 1518 2019 2130
Other fixed assets 114 79 79
Fixed assets 2412 2880 2957
Inventories 566 632 711
Receivables 1225 1748 1890
Other current assets 0 0 0
Cash and liquid assets 953 1141 1490
Total assets 5156 6401 7048
Shareholders equity 2592 2979 3406
Minority 0 0 0
Total equity 2592 2979 3406
Long-term debt 794 1165 1165
Pension debt 0 0 0
Convertible debt 0 0 0
Deferred tax 0 0 0
Other long-term liabilities 0 0 0
Short-term debt 0 0 0
Accounts payable 1486 1942 2126
Other current liabilities 284 314 351
Total liabilities and equity 3924 4752 5156
Net IB debt -159 24 -325
Net IB debt excl. pension debt -159 24 -325
Capital invested 2717 3317 3432
Working capital 305 437 475
EV breakdown 2018 2019 2020
Market cap. diluted (m) 9686 14408 14408
Net IB debt Adj -159 24 -325
Market value of minority 0 0 0
Reversal of shares and participations 0 0 0
Reversal of conv. debt assumed equity 0 0 0
EV 9527 14432 14083
Capital efficiency (%) 2018 2019 2020
Total assets turnover (%) 163,5 136,8 136,4
Capital invested turnover (%) 310,5 262 271,8
Capital employed turnover (%) 254,5 209,9 210,5
Inventories / sales (%) 6,8 7,6 7,3
Customer advances / sales (%) 0 0 0
Payables / sales (%) 18,9 21,7 22,2
Working capital / sales (%) 4,3 4,7 5
Financial risk and debt service 2018 2019 2020
Net debt / equity (%) -6,1 0,8 -9,5
Net debt / market cap (%) -1 0,2 -2,3
Equity ratio (%) 50,3 46,5 48,3
Net IB debt adj. / equity (%) -6,1 0,8 -9,5
Current ratio (%) 155 156 165,2
EBITDA / net interest (%) 5945 3836,2 3987,6
Net IB debt / EBITDA (%) -13,4 1,9 -23,3
Interest cover (%) 4745 2810,1 3054
SEKm 2018 2019e 2020e
Shares outstanding adj. 26 26 26
Fully diluted shares Adj 26 26 26
EPS 27,32 25,9 30,12
Dividend per share Adj 14 14 14,2
EPS Adj 27,51 26,17 30,49
BVPS 98,08 112,48 128,6
BVPS Adj 68,57 82,97 100,36
Net IB debt / share -6 0,9 -12,3
Share price 589,92 544 544
Market cap. (m) 15590 14408 14408
Valuation 2018 2019 2020
P/E 13,4 21 18,1
EV/sales 1,18 1,83 1,54
EV/EBITDA 8 11,6 10,1
EV/EBITA 10 15,9 13,2
EV/EBIT 10,1 16 13,3
Dividend yield (%) 3,8 2,6 2,6
FCF yield (%) 6,7 3,6 5
P/BVPS 3,74 4,84 4,23
P/BVPS Adj 5,35 6,56 5,42
P/E Adj 13,3 20,8 17,8
EV/EBITDA Adj 8 11,6 10,1
EV/EBITA Adj 10,1 15,9 13,2
EV/EBIT Adj 10,2 16 13,3
EV/cap. employed 2,8 3,5 3,1
Investment ratios 2018 2019 2020
Capex / sales 4,9 5,9 4,5
Capex / depreciation 165,8 140,7 126,5
Capex tangibles / tangible fixed assets 26,2 23,1 19,4
Capex intangibles / definite intangibles N/A N/A N/A
Depreciation on intangibles / definite intangibles N/A N/A N/A
Depreciation on tangibles / tangibles 15,8 16,4 15,3

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.

18,1

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.

(
)
13,1

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.

(
)
1,5

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. 

 

(
)
4,2