Solar A/S

Chart & Performance

D1W1MN

P/E

6.05

P/S

0.16

EPS

46.94

Div Yield, %

15.67%

Shrs. gr., 5y

0.07%

Rev. gr., 5y

3.26%

Revenues

13.03b

-6.00%

Net income

347m

-47.42%

CFO

855m

+5,243.75%

Dividend

Mar 18, 202430 DKK/sh

Earnings

Feb 06, 2025

Profile

Solar A/S operates as a sourcing and services company in electrical, heating and plumbing, ventilation, and climate and energy solutions in the Danish, Swedish, Norwegian, and Dutch markets. The company offers lighting fixtures and luminaries, and various installation materials; switches and sockets, and other products in relation to intelligent building systems; and cables. It also provides communication and security products and solutions, such as video surveillance, burglar alarms, fire alarms, and access control systems for large installations and urban networks, as well as customized solutions for home switches, UPS, and antenna equipment for telephony. In addition, the company offers valves; solar panels and electricity, wood, pellet boilers, etc.; products for bathrooms and kitchens, as well as pipes of steel, copper, and plastic for various purposes; products for mounting and supporting the pipes; and drainage systems, cable protection systems, floor drains, cold-water pumps, and hoses and insulation products. Further, it provides delivery, handling, inventory management, logistics, support, and rental services. Additionally, the company offers vending machines; Kitbox, a complete assembly set with components for a specific task; and Via, a cloud-based service, as well as Solar Webshop and Solar Mobile for ordering through mobile app. The company serves offshore, marine, food and beverage, panel building, wind, and machine building industries. Solar A/S was founded in 1919 and is headquartered in Vejen, Denmark.

URL

https://www.solar.dk/

IPO date

Jan 01, 1953

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title DKK in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title DKK in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	13,031,000 -6.00%	13,863,000 12.21%	12,354,000 7.75%
Cost of revenue	10,101,000	10,618,000	9,878,000
Unusual Expense (Income)
NOPBT	2,930,000	3,245,000	2,476,000
NOPBT Margin	22.48%	23.41%	20.04%
Operating Taxes	120,000	198,000	91,000
Tax Rate	4.10%	6.10%	3.68%
NOPAT	2,810,000	3,047,000	2,385,000
Net income	347,000 -47.42%	660,000 24.29%	531,000 139.19%
Dividends	(329,000)	(658,000)	(314,000)
Dividend yield	9.65%	14.48%	5.39%
Proceeds from repurchase of equity			2,000
BB yield			-0.03%
Debt
Debt current	843,000	673,000	121,000
Long-term debt	1,204,000	958,000	628,000
Deferred revenue
Other long-term liabilities	11,000	9,000	11,000
Net debt	1,602,000	1,461,000	263,000
Cash flow
Cash from operating activities	855,000	16,000	783,000
CAPEX	(170,000)	(226,000)	(201,000)
Cash from investing activities	(405,000)	(259,000)	(191,000)
Cash from financing activities	(175,000)	(82,000)	(515,000)
FCF	4,524,000	34,000	2,289,000
Balance
Cash	441,000	166,000	481,000
Long term investments	4,000	4,000	5,000
Excess cash
Stockholders' equity	1,982,000	1,783,000	1,781,000
Invested Capital	3,590,000	2,937,000	2,159,000
ROIC	86.10%	119.58%	113.19%
ROCE	78.49%	105.70%	109.56%
EV
Common stock shares outstanding	7,329	7,329	7,325
Price	465.00 -25.00%	620.00 -22.01%	795.00 120.83%
Market cap	3,408,082 -25.00%	4,544,079 -21.96%	5,822,990 121.35%
EV	5,060,082	6,186,079	6,243,990
EBITDA	3,243,000	3,511,000	2,715,000
EV/EBITDA	1.56	1.76	2.30
Interest	106,000	33,000	27,000
Interest/NOPBT	3.62%	1.02%	1.09%