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

Introduce me >

Social media

facebook   Follow us on Twitter

Coverage

Concordia Maritime

Concordia Maritime

SEKm 2021 2022e 2023e
Lease adj. FCF yield (%) -12,6 45,2 64
Lease adj. ND/EBITDA 52,7 8,1 7,4
Sales 915 1065 1065
Sales growth (%) -10,8 16,4 0
EBITDA 43 269 269
EBITDA margin (%) 4,7 25,3 25,3
EBIT adj -182 44 44
EBIT adj margin (%) -19,9 4,1 4,1
Pretax profit -244 -24 -22
EPS rep -5,14 -0,49 -0,46
EPS growth (%) -270,8 90,4 6,3
EPS adj -5,14 -0,49 -0,46
DPS 0 0 0
EV/EBITDA (x) 59,3 9,1 8,4
EV/EBIT adj (x) -14,2 55,7 51,6
P/E (x) -1,2 -12,2 -13
P/E adj (x) -1,2 -12,2 -13
EV/sales (x) 2,8 2,3 2,1
FCF yield (%) -12,6 45,2 64
Dividend yield (%) 0 0 0
Net IB debt/EBITDA 52,7 8,1 7,4
SEKm 2021 2022e 2023e
Depreciation and amortisation -225 -225 -225
Of which leasing depreciation 0 0 0
EO items 0 0 0
Impairment and PPA amortisation 0 0 0
EBITDA lease Adj 43 269 269
EBITDA lease Adj margin (%) 4,7 25,3 25,3
Sales 915 1065 1065
COGS -872 -795 -795
Gross profit 43 269 269
Other operating items 0 0 0
EBITDA 43 269 269
Depreciation on tangibles -221 -221 -221
Depreciation on intangibles 0 0 0
EBITA -182 44 44
Goodwill impairment charges 0 0 0
Other impairment and amortisation 0 0 0
EBIT -182 44 44
Other financial items 0 0 0
Net financial items -62 -68 -66
Associated income 0 0 0
Other EO items 0 0 0
Pretax profit -244 -24 -22
Tax -1 0 0
Net profit -245 -24 -22
Minority interest 0 0 0
Net profit discontinued 0 0 0
Net profit to shareholders -245 -24 -22
EPS -5,14 -0,49 -0,46
EPS Adj -5,14 -0,49 -0,46
Total extraordinary items after tax 0 0 0
Tax rate (%) 0,5 0 0
Gross margin (%) 4,7 25,3 25,3
EBITDA margin (%) 4,7 25,3 25,3
EBITA margin (%) -19,9 4,1 4,1
EBIT margin (%) -19,9 4,1 4,1
Pretax margin (%) -26,6 -2,2 -2,1
Net margin (%) -26,8 -2,2 -2,1
Growth rates Y/Y 2021 2022 2023
Sales growth (%) -10,8 16,4 0
EBITDA growth (%) -84,4 520,3 0
EBIT growth (%) -660,8 124,3 0
Net profit growth (%) -270,8 90,4 6,3
EPS growth (%) -270,8 90,4 6,3
Profitability 2021 2022 2023
ROE (%) -34,3 -3,8 -3,7
ROE Adj (%) -34,3 -3,8 -3,7
ROCE (%) -5,7 1,9 2
ROCE Adj(%) -5,7 1,9 2
ROIC (%) -6,4 1,5 1,6
ROIC Adj (%) -6,4 1,5 1,6
Adj earnings numbers 2021 2022 2023
EBITDA Adj 43 269 269
EBITDA Adj margin (%) 4,7 25,3 25,3
EBITA Adj -182 44 44
EBITA Adj margin (%) -19,9 4,1 4,1
EBIT Adj -182 44 44
EBIT Adj margin (%) -19,9 4,1 4,1
Pretax profit Adj -244 -24 -22
Net profit Adj -245 -24 -22
Net profit to shareholders Adj -245 -24 -22
Net Adj margin (%) -26,8 -2,2 -2,1
Leasing payments 0 0 0
SEKm 2021 2022e 2023e
Lease liability amortisation 0 0 0
Other intangible assets 0 0 0
Right-of-use asset 0 0 0
Total other fixed assets 0 0 0
Leasing liability 0 0 0
Total other long-term liabilities 0 0 0
Net IB debt excl. leasing 2290 2169 1986
Net IB debt / EBITDA lease Adj (%) 5274,8 805,4 737,4
EBITDA 43 269 269
Net financial items -62 -68 -66
Paid tax -1 0 0
Non-cash items 236 8 0
Cash flow before change in WC 216 210 203
Change in WC -122 -27 0
Operating cash flow 94 182 203
CAPEX tangible fixed assets -130 -53 -20
CAPEX intangible fixed assets 0 0 0
Acquisitions and disposals 0 0 0
Free cash flow -36 129 183
Dividend paid 0 0 0
Share issues and buybacks 0 0 0
Other non cash items -305 -8 0
Decrease in net IB debt -153 116 252
Balance Sheet (SEKm) 2021 2022 2023
Goodwill 0 0 0
Indefinite intangible assets 0 0 0
Definite intangible assets 0 0 0
Tangible fixed assets 2659 2486 2281
Other fixed assets 0 0 0
Fixed assets 2659 2486 2281
Inventories 0 0 0
Receivables 267 295 295
Other current assets 0 0 0
Cash and liquid assets 111 67 76
Total assets 3037 2848 2652
Shareholders equity 635 612 590
Minority 0 0 0
Total equity 635 612 590
Long-term debt 1741 1567 1393
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 660 669 669
Accounts payable 0 0 0
Other current liabilities 0 0 0
Total liabilities and equity 3037 2848 2652
Net IB debt 2290 2169 1986
Net IB debt excl. pension debt 2290 2169 1986
Capital invested 2926 2781 2576
Working capital 267 295 295
EV breakdown 2021 2022 2023
Market cap. diluted (m) 286 286 286
Net IB debt Adj 2290 2169 1986
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 2577 2456 2272
Capital efficiency (%) 2021 2022 2023
Total assets turnover (%) 31 36,2 38,7
Capital invested turnover (%) 26,2 36,7 38,7
Capital employed turnover (%) 25,2 35,7 37,4
Inventories / sales (%) 0 0 0
Customer advances / sales (%) 0 0 0
Payables / sales (%) 0 0 0
Working capital / sales (%) 22,5 26,4 27,7
Financial risk and debt service 2021 2022 2023
Net debt / equity (%) 360,4 354,5 336,7
Net debt / market cap (%) 799,7 757,4 693,5
Equity ratio (%) 20,9 21,5 22,2
Net IB debt adj. / equity (%) 360,4 354,5 336,7
Current ratio (%) 57,3 54 55,4
EBITDA / net interest (%) 69,9 398,3 407,2
Net IB debt / EBITDA (%) 5274,8 805,4 737,4
Interest cover (%) -230 70,4 71,8
SEKm 2021 2022e 2023e
Lease adj. FCF yield (%) -12,6 45,2 64
Shares outstanding adj. 48 48 48
Fully diluted shares Adj 48 48 48
EPS -5,14 -0,49 -0,46
Dividend per share Adj 0 0 0
EPS Adj -5,14 -0,49 -0,46
BVPS 13,31 12,82 12,36
BVPS Adj 13,31 12,82 12,36
Net IB debt / share 48 45,4 41,6
Share price 6 6 6
Market cap. (m) 286 286 286
Valuation 2021 2022 2023
P/E -1,2 -12,2 -13
EV/sales 2,82 2,31 2,13
EV/EBITDA 59,3 9,1 8,4
EV/EBITA -14,2 55,7 51,6
EV/EBIT -14,2 55,7 51,6
Dividend yield (%) 0 0 0
FCF yield (%) -12,6 45,2 64
P/BVPS 0,45 0,47 0,49
P/BVPS Adj 0,45 0,47 0,49
P/E Adj -1,2 -12,2 -13
EV/EBITDA Adj 59,3 9,1 8,4
EV/EBITA Adj -14,2 55,7 51,6
EV/EBIT Adj -14,2 55,7 51,6
EV/cap. employed 0,8 0,9 0,9
Investment ratios 2021 2022 2023
Capex / sales 14,2 5 1,9
Capex / depreciation 57,8 23,6 8,9
Capex tangibles / tangible fixed assets 4,9 2,1 0,9
Capex intangibles / definite intangibles 0 0 0
Depreciation on intangibles / definite intangibles 0 0 0
Depreciation on tangibles / tangibles 8,5 9,1 9,9

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.

- 13,0

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.

(
)
51,7

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.

(
)
2,1

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