Projected Income Statement: Husqvarna AB

Forecast Balance Sheet: Husqvarna AB

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 6,493 9,623 17,709 15,640 14,471 10,872 9,673 8,172
Change - 48.21% 84.03% -11.68% -7.47% -24.87% -11.03% -15.52%
Announcement Date 2/3/21 2/3/22 2/1/23 2/2/24 2/5/25 - - -
1SEK in Million
Estimates

Cash Flow Forecast: Husqvarna AB

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
CAPEX 1 1,994 2,524 2,344 2,627 2,603 2,192 2,219 2,252
Change - 26.58% -7.13% 12.07% -0.91% -15.81% 1.25% 1.46%
Free Cash Flow (FCF) 1 6,087 3,140 -4,052 4,440 4,233 2,431 2,454 2,613
Change - -48.41% -229.04% 209.58% -4.66% -42.57% 0.96% 6.45%
Announcement Date 2/3/21 2/3/22 2/1/23 2/2/24 2/5/25 - - -
1SEK in Million
Estimates

Forecast Financial Ratios: Husqvarna AB

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027

Profitability

        
EBITDA Margin (%) 14.8% 16.97% 11.82% 14.85% 12.94% 12.77% 13.69% 13.98%
EBIT Margin (%) 10.69% 12.08% 8.98% 9.33% 6.61% 6.66% 7.51% 8.02%
EBT Margin (%) 7.94% 11.67% 4.78% 5.4% 3.58% 5.03% 6.4% 7.1%
Net margin (%) 5.95% 9.43% 3.58% 4.09% 2.74% 4.14% 4.89% 5.47%
FCF margin (%) 14.51% 6.67% -7.5% 8.34% 8.75% 5.15% 5.05% 5.19%
FCF / Net Income (%) 244.07% 70.77% -209.73% 203.95% 319.47% 124.55% 103.3% 94.94%

Profitability

        
ROA 5.83% 9.4% 3.43% 3.65% 2.32% - - -
ROE 13.5% 22.2% 13.69% 12.56% 5.48% 8.08% 9.2% 10.35%

Financial Health

        
Leverage (Debt/EBITDA) 1.05x 1.2x 2.77x 1.98x 2.31x 1.81x 1.45x 1.16x
Debt / Free cash flow 1.07x 3.06x -4.37x 3.52x 3.42x 4.47x 3.94x 3.13x

Capital Intensity

        
CAPEX / Current Assets (%) 4.75% 5.36% 4.34% 4.93% 5.38% 4.65% 4.56% 4.48%
CAPEX / EBITDA (%) 32.13% 31.6% 36.71% 33.21% 41.61% 36.4% 33.35% 32%
CAPEX / FCF (%) 32.76% 80.38% -57.85% 59.17% 61.49% 90.15% 90.41% 86.18%

Items per share

        
Cash flow per share 1 14.11 9.866 -2.982 12.36 11.94 9.1 8.3 8.8
Change - -30.06% -130.23% 514.54% -3.42% -23.79% -8.79% 6.02%
Dividend per Share 1 2.4 3 3 3 1 1.571 2 2.349
Change - 25% 0% 0% -66.67% 57.14% 27.3% 17.44%
Book Value Per Share 1 29.8 37.7 41.9 41.6 43 42.42 45.41 48.14
Change - 26.51% 11.14% -0.72% 3.37% -1.36% 7.06% 6%
EPS 1 4.35 7.73 3.38 3.81 2.31 3.41 4.149 4.806
Change - 77.7% -56.27% 12.72% -39.37% 47.62% 21.66% 15.84%
Nbr of stocks (in thousands) 572,578 572,922 570,453 570,618 571,697 571,767 571,767 571,767
Announcement Date 2/3/21 2/3/22 2/1/23 2/2/24 2/5/25 - - -
1SEK
Estimates
2025 *2026 *
P/E ratio 13.4x 11x
PBR 1.08x 1.01x
EV / Sales 0.79x 0.74x
Yield 3.43% 4.37%
More valuation ratios * Estimated data

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AA
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
45.79SEK
Average target price
52.08SEK
Spread / Average Target
+13.73%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. HUSQ B Stock
  4. Financials Husqvarna AB