Projected Income Statement: Getinge AB

Forecast Balance Sheet: Getinge AB

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 3,609 2,602 8,012 10,467 9,840 8,241 6,011 3,528
Change - -27.9% 207.92% 30.64% -5.99% -16.25% -27.06% -41.31%
Announcement Date 1/28/22 2/1/23 2/1/24 1/28/25 1/27/26 - - -
1SEK in Million
Estimates

Cash Flow Forecast: Getinge AB

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 930 1,136 1,353 1,309 1,314 1,305 1,416 1,481
Change - 22.15% 19.1% -3.25% 0.38% -0.65% 8.49% 4.57%
Free Cash Flow (FCF) 1 5,630 1,897 1,604 3,268 2,635 4,153 4,146 4,610
Change - -66.31% -15.45% 103.74% -19.37% 57.62% -0.18% 11.21%
Announcement Date 1/28/22 2/1/23 2/1/24 1/28/25 1/27/26 - - -
1SEK in Million
Estimates

Forecast Financial Ratios: Getinge AB

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 24.97% 20.82% 17.51% 19.12% 18.82% 20.33% 20.66% 21.34%
EBIT Margin (%) 18.26% 14.48% 11.48% 13.09% 12.85% 14.29% 14.85% 15.54%
EBT Margin (%) 15.48% 12.27% 10.5% 6.57% 8.99% 12.44% 13.17% 14.18%
Net margin (%) 10.98% 8.8% 7.58% 4.71% 6.46% 8.99% 9.54% 10.21%
FCF margin (%) 20.81% 6.71% 5.04% 9.4% 7.54% 11.77% 11.11% 11.78%
FCF / Net Income (%) 189.56% 76.15% 66.5% 199.51% 116.7% 130.94% 116.44% 115.27%

Profitability

        
ROA 6.63% 5.16% 4.74% 5.44% 5.11% 5.85% 6.15% 5.8%
ROE 12.9% 8.9% 7.8% 5.2% 7.5% 10.67% 10.99% 11.32%

Financial Health

        
Leverage (Debt/EBITDA) 0.53x 0.44x 1.44x 1.57x 1.5x 1.15x 0.78x 0.42x
Debt / Free cash flow 0.64x 1.37x 5x 3.2x 3.73x 1.98x 1.45x 0.77x

Capital Intensity

        
CAPEX / Current Assets (%) 3.44% 4.02% 4.25% 3.77% 3.76% 3.7% 3.79% 3.78%
CAPEX / EBITDA (%) 13.77% 19.28% 24.27% 19.7% 19.97% 18.2% 18.37% 17.73%
CAPEX / FCF (%) 16.52% 59.88% 84.35% 40.06% 49.87% 31.43% 34.16% 32.12%

Items per share

        
Cash flow per share 1 24.08 - 10.86 16.8 14.5 20.1 18.72 20.97
Change - - - 54.78% -13.72% 38.63% -6.88% 12.04%
Dividend per Share 1 4 4.25 4.4 4.6 4.75 5.186 5.652 6.044
Change - 6.25% 3.53% 4.55% 3.26% 9.17% 8.99% 6.94%
Book Value Per Share 1 92.43 111.8 111.6 121.9 108.3 118.1 125.6 135.3
Change - 20.96% -0.15% 9.23% -11.19% 9.05% 6.33% 7.75%
EPS 1 10.9 9.15 8.86 6.01 8.29 11.59 12.98 14.65
Change - -16.06% -3.17% -32.17% 37.94% 39.75% 12.06% 12.83%
Nbr of stocks (in thousands) 272,370 272,370 272,370 272,370 272,370 272,370 272,370 272,370
Announcement Date 1/28/22 2/1/23 2/1/24 1/28/25 1/27/26 - - -
1SEK
Estimates
2026 *2027 *
P/E 21.7x 19.3x
PBR 2.13x 2x
EV / Sales 2.17x 1.99x
Yield 2.07% 2.25%

EPS & Dividend



Y-o-Y evolution of P/E

 

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
251.00SEK
Average target price
251.70SEK
Spread / Average Target
+0.28%

Quarterly revenue - Rate of surprise