HMS Networks AB

Chart & Performance

D1W1MN

P/E

37.81

P/S

7.13

EPS

11.37

Div Yield, %

0.86%

Shrs. gr., 5y

-0.03%

Rev. gr., 5y

17.24%

Revenues

3.02b

+20.69%

Net income

571m

+12.38%

CFO

519m

+20.35%

Dividend

Apr 24, 20244.4 SEK/sh

Earnings

Jan 28, 2025

Profile

HMS Networks AB (publ) provides industrial communication and industrial Internet of Things solutions under the Anybus, Ewon, IXXAT, and Intesis brands worldwide. The company offers Anybus Embedded that offers multi-network connectivity with a single development project; Anybus Gateways, a gateway for connecting devices, machines, systems, or networks; Anybus Wireless that allows to connect machines and devices over Bluetooth, Wi-Fi, cellular networks, and industrial Ethernet; and Anybus Edge, which bridges edge intelligence and versatile cloud connectivity to industrial equipment. It also provides Ewon Cosy+, an industrial VPN device for secure remote access; Ewon Flexy, an industrial device and IIoT gateways for flexible remote access and data services; Ewon Flexy Extension Cards, which allow to keep up with the evolution of communication technologies while protecting investment in the device; and Ewon Talk2M, an industrial cloud that enables its customers to access their assets. In addition, the company offers Intesis protocol translators, air conditioner interfaces, AC Cloud control, and ST cloud control solutions; and automotive, embedded control, energy, and safety solutions under the Ixxat brand. It also offers its solutions to device manufactures, machine builders, system integrators, and end users. HMS Networks AB (publ) was founded in 1988 and is headquartered in Halmstad, Sweden.

URL

https://www.hms-networks.com/

IPO date

Oct 19, 2007

Employees

780

Domiciled in

Incorporated in

Valuation

Order:

Title SEK in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title SEK 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	3,024,720 20.69%	2,506,201 27.11%	1,971,725 34.42%
Cost of revenue	2,274,476	1,860,117	1,522,591
Unusual Expense (Income)
NOPBT	750,244	646,084	449,134
NOPBT Margin	24.80%	25.78%	22.78%
Operating Taxes	146,683	115,653	86,022
Tax Rate	19.55%	17.90%	19.15%
NOPAT	603,561	530,431	363,112
Net income	570,645 12.38%	507,787 43.10%	354,853 58.78%
Dividends	(186,624)	(139,928)	(93,323)
Dividend yield	0.80%	0.88%	0.36%
Proceeds from repurchase of equity	(13,137)	(34,240)	(28,555)
BB yield	0.06%	0.22%	0.11%
Debt
Debt current	64,254	78,413	31,394
Long-term debt	468,197	380,410	130,898
Deferred revenue	14,561		402,405
Other long-term liabilities	141,755	124,901	26,806
Net debt	386,311	285,683	(36,994)
Cash flow
Cash from operating activities	518,863	431,113	508,486
CAPEX	(38,081)	(83,054)	(39,184)
Cash from investing activities	(135,118)	(365,928)	(100,036)
Cash from financing activities	(400,230)	(98,959)	(320,862)
FCF	144,001	254,773	426,116
Balance
Cash	124,032	144,168	172,174
Long term investments	22,108	28,972	27,112
Excess cash		47,830	100,700
Stockholders' equity	1,714,236	1,391,390	958,816
Invested Capital	2,341,689	1,887,406	1,526,659
ROIC	28.54%	31.07%	24.27%
ROCE	30.68%	31.92%	26.25%
EV
Common stock shares outstanding	46,800	46,802	46,859
Price	497.40 46.47%	339.60 -39.14%	558.00 114.62%
Market cap	23,278,320 46.46%	15,893,959 -39.21%	26,147,322 114.74%
EV	23,664,631	16,179,642	26,110,328
EBITDA	875,434	753,956	551,462
EV/EBITDA	27.03	21.46	47.35
Interest	12,364	6,059	3,481
Interest/NOPBT	1.65%	0.94%	0.78%