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

Introduce me >

Social media

facebook   Follow us on Twitter

Coverage

Eolus Vind

Eolus Vind

SEKm 2021 2022e 2023e
Sales 2614 2976 5358
Sales growth (%) 5,9 13,8 80,1
EBITDA -20 64 533
EBITDA margin (%) -0,8 2,2 9,9
EBIT adj -25 54 518
EBIT adj margin (%) -1 1,8 9,7
Pretax profit -40 50 511
EPS rep -0,75 1,18 16,41
EPS growth (%) -109,4 257 1294,8
EPS adj -0,75 1,18 16,41
DPS 0,25 0,25 0,2
EV/EBITDA (x) -133,4 25,9 2,8
EV/EBIT adj (x) -105,7 30,9 2,9
P/E (x) -165,1 75 5,4
P/E adj (x) -165,1 75 5,4
EV/sales (x) 1 0,6 0,3
FCF yield (%) 4,9 5,7 7,4
Dividend yield (%) 0,2 0,3 0,2
Net IB debt/EBITDA 22,2 -8,2 -1,3
Lease adj. FCF yield (%) 4,9 5,7 7,4
Lease adj. ND/EBITDA 22,2 -8,2 -1,3
SEKm 2021 2022e 2023e
Sales 2614 2976 5358
COGS -2539 -2839 -4754
Gross profit 75 137 604
Other operating items -95 -72 -72
EBITDA -20 64 533
Depreciation on tangibles -8 -4 -4
Depreciation on intangibles 0 0 0
EBITA -25 54 518
Goodwill impairment charges 0 0 0
Other impairment and amortisation 0 0 0
EBIT -25 54 518
Other financial items 0 0 0
Net financial items -15 -4 -7
Associated income 0 0 0
Other EO items 0 0 0
Pretax profit -40 50 511
Tax 16 -21 -102
Net profit -24 29 409
Minority interest 5 0 0
Net profit discontinued 0 0 0
Net profit to shareholders -19 29 409
EPS -0,75 1,18 16,41
EPS Adj -0,75 1,18 16,41
Total extraordinary items after tax 0 0 0
Tax rate (%) -40,3 -41,5 -20
Gross margin (%) 2,9 4,6 11,3
EBITDA margin (%) -0,8 2,2 9,9
EBITA margin (%) -1 1,8 9,7
EBIT margin (%) -1 1,8 9,7
Pretax margin (%) -1,5 1,7 9,5
Net margin (%) -0,9 1 7,6
Growth rates Y/Y 2021 2022 2023
Sales growth (%) 5,9 13,8 80,1
EBITDA growth (%) -106,9 424,8 728
EBIT growth (%) -108,9 316,5 857,2
Net profit growth (%) -111,9 224 1294,8
EPS growth (%) -109,4 257 1294,8
Profitability 2021 2022 2023
ROE (%) -1,8 3 34,7
ROE Adj (%) -1,8 3 34,7
ROCE (%) -1,7 3,7 31,5
ROCE Adj(%) -1,7 3,7 31,5
ROIC (%) -1,9 4 47,6
ROIC Adj (%) -1,9 4 47,6
Adj earnings numbers 2021 2022 2023
EBITDA Adj -20 64 533
EBITDA Adj margin (%) -0,8 2,2 9,9
EBITA Adj -25 54 518
EBITA Adj margin (%) -1 1,8 9,7
EBIT Adj -25 54 518
EBIT Adj margin (%) -1 1,8 9,7
Pretax profit Adj -40 50 511
Net profit Adj -24 29 409
Net profit to shareholders Adj -19 29 409
Net Adj margin (%) -0,9 1 7,6
Depreciation and amortisation -5 -10 -15
Of which leasing depreciation 0 -2 -3
EO items 0 0 0
Impairment and PPA amortisation 0 0 0
EBITDA lease Adj -20 64 533
EBITDA lease Adj margin (%) -0,8 2,2 9,9
Leasing payments 0 0 0
SEKm 2021 2022e 2023e
EBITDA -20 64 533
Net financial items -15 -4 -7
Paid tax 16 -21 -102
Non-cash items 281 0 0
Cash flow before change in WC 263 40 424
Change in WC -108 95 -244
Operating cash flow 154 134 179
CAPEX tangible fixed assets -3 -9 -16
CAPEX intangible fixed assets 0 0 0
Acquisitions and disposals 0 0 0
Free cash flow 151 125 163
Dividend paid -50 -37 -7
Share issues and buybacks 0 0 0
Other non cash items 7 -2 -119
Decrease in net IB debt -496 232 32
Balance Sheet (SEKm) 2021 2022 2023
Goodwill 0 0 0
Indefinite intangible assets 25 25 25
Definite intangible assets 0 0 0
Tangible fixed assets 25 26 30
Other fixed assets 28 28 28
Fixed assets 59 58 59
Inventories 843 714 1072
Receivables 71 89 161
Other current assets 287 327 589
Cash and liquid assets 625 713 869
Total assets 1885 1902 2749
Shareholders equity 984 976 1377
Minority 280 280 280
Total equity 1264 1256 1657
Long-term debt 21 21 21
Pension debt 0 0 0
Convertible debt 0 0 0
Deferred tax 0 0 0
Other long-term liabilities 93 110 110
Short-term debt 165 165 165
Accounts payable 186 208 536
Other current liabilities 166 168 287
Total liabilities and equity 1885 1902 2749
Net IB debt -439 -527 -683
Net IB debt excl. pension debt -439 -527 -683
Capital invested 843 747 992
Working capital 850 755 999
EV breakdown 2021 2022 2023
Market cap. diluted (m) 3081 2196 2196
Net IB debt Adj -439 -527 -683
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 2642 1669 1513
Capital efficiency (%) 2021 2022 2023
Total assets turnover (%) 141,6 157,2 230,4
Capital invested turnover (%) 557,3 588,9 139,7
Capital employed turnover (%) 188,8 312 67,2
Inventories / sales (%) 24,8 10 42,1
Customer advances / sales (%) 6 0 0
Payables / sales (%) 8,1 3,6 16,2
Working capital / sales (%) 30,4 27 16,4
Financial risk and debt service 2021 2022 2023
Net debt / equity (%) -34,8 -42 -41,2
Net debt / market cap (%) -9,4 -24 -31,1
Equity ratio (%) 67,1 66 60,3
Net IB debt adj. / equity (%) -34,8 -42 -41,2
Current ratio (%) 353,9 341,1 272,5
EBITDA / net interest (%) -135,9 1608,6 7610,8
Net IB debt / EBITDA (%) 2217,8 -819,2 -128,2
Interest cover (%) -171,4 1352,3 7396,5
Lease liability amortisation 0 0 0
Other intangible assets 11 9 6
Right-of-use asset 0 0 0
Total other fixed assets 23 23 23
Leasing liability 0 0 0
Total other long-term liabilities 84 84 84
Net IB debt excl. leasing -439 -527 -683
Net IB debt / EBITDA lease Adj (%) 2217,8 -819,2 -128,2
SEKm 2021 2022e 2023e
Shares outstanding adj. 25 25 25
Fully diluted shares Adj 25 25 25
EPS -0,75 1,18 16,41
Dividend per share Adj 0,3 0,3 0,2
EPS Adj -0,75 1,18 16,41
BVPS 39,51 39,18 55,29
BVPS Adj 39,51 39,18 55,29
Net IB debt / share -17,6 -21,2 -27,4
Share price 187,19 88,18 88,18
Market cap. (m) 4662 2196 2196
Valuation 2021 2022 2023
P/E -165,1 75 5,4
EV/sales 1,01 0,56 0,28
EV/EBITDA -133,4 25,9 2,8
EV/EBITA -105,7 30,9 2,9
EV/EBIT -105,7 30,9 2,9
Dividend yield (%) 0,2 0,3 0,2
FCF yield (%) 4,9 5,7 7,4
P/BVPS 3,13 2,25 1,59
P/BVPS Adj 3,13 2,25 1,59
P/E Adj -165,1 75 5,4
EV/EBITDA Adj -133,4 25,9 2,8
EV/EBITA Adj -105,7 30,9 2,9
EV/EBIT Adj -105,7 30,9 2,9
EV/cap. employed 1,8 1,2 0,8
Investment ratios 2021 2022 2023
Capex / sales 0,1 0,3 0,3
Capex / depreciation 58 111,6 134
Capex tangibles / tangible fixed assets 11,9 34,2 53,2
Capex intangibles / definite intangibles 0 0 0
Depreciation on intangibles / definite intangibles 0 0 0
Depreciation on tangibles / tangibles 20,5 30,6 39,7
Lease adj. FCF yield (%) 4,9 5,7 7,4

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.

5,4

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.

(
)
2,9

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.

(
)
0,3

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. 

 

(
)
1,6