Financials Ework Group AB

Equities

EWRK

SE0002402701

IT Services & Consulting

Market Closed - Nasdaq Stockholm 11:29:59 2024-05-10 EDT 5-day change 1st Jan Change
139 SEK +2.21% Intraday chart for Ework Group AB +3.42% -6.21%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,396 1,393 2,289 2,103 2,555 2,396 - -
Enterprise Value (EV) 1 1,759 1,408 2,370 2,233 2,684 2,464 2,386 2,333
P/E ratio 18.5 x 20.1 x 23.4 x 15.2 x 19.9 x 15.3 x 12.6 x 10.9 x
Yield 5.56% 5.57% 3.77% 5.33% 4.72% 5.4% 6.12% 7.19%
Capitalization / Revenue 0.11 x 0.11 x 0.17 x 0.13 x 0.15 x 0.14 x 0.13 x 0.12 x
EV / Revenue 0.14 x 0.12 x 0.18 x 0.14 x 0.16 x 0.15 x 0.13 x 0.12 x
EV / EBITDA 12.8 x 11.2 x 14.7 x 10.5 x 11.4 x 9.23 x 7.9 x 6.9 x
EV / FCF 598 x 3.92 x 44.5 x 27.3 x 18.3 x 12.8 x 10.4 x 10.6 x
FCF Yield 0.17% 25.5% 2.25% 3.66% 5.48% 7.79% 9.6% 9.47%
Price to Book 8.83 x 6.57 x 11.5 x 8.09 x 9.12 x 7.57 x 6.36 x 5.32 x
Nbr of stocks (in thousands) 17,240 17,240 17,240 17,240 17,240 17,240 - -
Reference price 2 81.00 80.80 132.8 122.0 148.2 139.0 139.0 139.0
Announcement Date 20-02-13 21-02-10 22-02-10 23-02-09 24-02-08 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 12,621 12,238 13,189 16,070 17,247 16,550 17,895 19,416
EBITDA 1 137.7 125.7 161.3 213.6 235.9 267 302 338
EBIT 1 107.9 94.31 126.8 183.1 194.7 227 256 292
Operating Margin 0.85% 0.77% 0.96% 1.14% 1.13% 1.37% 1.43% 1.5%
Earnings before Tax (EBT) 1 96.6 84.9 124.3 175.6 166.8 197 239 277
Net income 1 75.29 69.34 97.99 139.2 129 156 190 220
Net margin 0.6% 0.57% 0.74% 0.87% 0.75% 0.94% 1.06% 1.13%
EPS 2 4.370 4.020 5.670 8.050 7.460 9.060 11.02 12.74
Free Cash Flow 1 2.943 359.6 53.21 81.79 147.1 192 229 221
FCF margin 0.02% 2.94% 0.4% 0.51% 0.85% 1.16% 1.28% 1.14%
FCF Conversion (EBITDA) 2.14% 286.12% 32.98% 38.29% 62.35% 71.91% 75.83% 65.38%
FCF Conversion (Net income) 3.91% 518.63% 54.3% 58.76% 113.99% 123.08% 120.53% 100.45%
Dividend per Share 2 4.500 4.500 5.000 6.500 7.000 7.500 8.500 10.00
Announcement Date 20-02-13 21-02-10 22-02-10 23-02-09 24-02-08 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4
Net sales 1 3,862 3,924 3,967 3,492 4,687 4,567 4,384 3,640 4,657
EBITDA 1 51.25 - - 49.25 64.19 63.02 47.94 55.08 69.84
EBIT 1 42.3 47 34.9 46.4 54.77 53.69 38 44.79 58.17
Operating Margin 1.1% 1.2% 0.88% 1.33% 1.17% 1.18% 0.87% 1.23% 1.25%
Earnings before Tax (EBT) 1 41.3 45 33.4 43.66 53.48 51.98 40.49 28.5 45.82
Net income 1 33.14 35.31 25.81 34.8 43.27 40.72 31.78 21.66 34.87
Net margin 0.86% 0.9% 0.65% 1% 0.92% 0.89% 0.72% 0.6% 0.75%
EPS 2 1.920 2.050 1.490 2.040 2.500 2.360 1.840 1.250 2.020
Dividend per Share - - - - - - - - -
Announcement Date 22-02-10 22-05-02 22-07-19 22-10-20 23-02-09 23-04-25 23-07-19 23-10-24 24-02-08
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 362 15.3 80.6 129 129 68 - -
Net Cash position 1 - - - - - - 10 63
Leverage (Debt/EBITDA) 2.631 x 0.122 x 0.4993 x 0.6061 x 0.5484 x 0.2547 x - -
Free Cash Flow 1 2.94 360 53.2 81.8 147 192 229 221
ROE (net income / shareholders' equity) 48% 37.5% 47.7% 60.5% 47.6% 52.3% 54.8% 53.1%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 9.170 12.30 11.50 15.10 16.20 18.40 21.90 26.10
Cash Flow per Share - - - - - - - -
Capex 1 19 0.98 0.31 9.74 2.49 4 3 3
Capex / Sales 0.15% 0.01% 0% 0.06% 0.01% 0.02% 0.02% 0.02%
Announcement Date 20-02-13 21-02-10 22-02-10 23-02-09 24-02-08 - - -
1SEK in Million2SEK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
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