Instalco AB

Chart & Performance

D1W1MN

P/E

14.36

P/S

0.60

EPS

2.28

Div Yield, %

1.99%

Shrs. gr., 5y

1.73%

Rev. gr., 5y

26.47%

Revenues

14.28b

+18.37%

Net income

601m

+15.58%

CFO

999m

+32.67%

Dividend

May 07, 20240.68 SEK/sh

Earnings

Feb 13, 2025

Profile

Instalco AB (publ) provides installation services in the heating and plumbing, electrical, ventilation, cooling, and industrial areas in Sweden and rest of Nordic. The company is involved in the designing, project planning, and assembly services for electricity; alarms and monitoring; data network and control of technical equipment; energy optimization through integrated property automation; charging posts for electric cars; remote reading; control technology and automatics; and related service and maintenance services to construction firms, property companies, government agencies, local authorities and regions, and housing and industrial companies. It also provides heating and plumbing services, including installation of district heating, natural gas, heat pumps, and comfort cooling; pipe replacement and preventative maintenance; water treatment and water consumption; sprinkler systems, and new construction; and ongoing repairs, service and maintenance, ROT work, and project planning services. In addition, the company offers ventilation services, such as installation and solutions for indoor climate, air treatment, and mandatory ventilation inspection; control technology and automatics; property automation; and project planning services. Future, the company engages in the installation of cooling and heating equipment, food, process, and comfort cooling services; and technical consulting services, as well as pipe installation, cooling installation, electric power installation, infrastructure, automation, instrumentation, emission control, exhaust gas cleaning, project planning, energy, and safety services. The company was formerly known as Instalco Intressenter AB (publ) and changed its name to Instalco AB (publ) in May 2019. Instalco AB (publ) was founded in 2013 and is headquartered in Stockholm, Sweden.

URL

https://instalco.se/

IPO date

May 11, 2017

Employees

6,183

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	14,279,000 18.37%	12,063,000 35.69%	8,890,000 24.82%
Cost of revenue	7,215,000	7,154,000	5,073,000
Unusual Expense (Income)
NOPBT	7,064,000	4,909,000	3,817,000
NOPBT Margin	49.47%	40.69%	42.94%
Operating Taxes	177,000	145,000	142,000
Tax Rate	2.51%	2.95%	3.72%
NOPAT	6,887,000	4,764,000	3,675,000
Net income	601,000 15.58%	520,000 -4.76%	546,000 19.74%
Dividends	(172,000)	(169,000)	(141,000)
Dividend yield
Proceeds from repurchase of equity	59,000	14,000	823,000
BB yield
Debt
Debt current	238,000	185,000	141,000
Long-term debt	4,218,000	3,494,000	2,630,000
Deferred revenue	1,000		1,903,000
Other long-term liabilities	164,000	298,000	(1,903,000)
Net debt	4,117,000	3,014,000	2,055,000
Cash flow
Cash from operating activities	999,000	753,000	610,000
CAPEX	(82,000)	(64,000)	(26,000)
Cash from investing activities	(1,289,000)	(1,080,000)	(971,000)
Cash from financing activities	(85,000)	240,000	657,000
FCF	6,812,000	3,894,000	3,502,000
Balance
Cash	267,000	631,000	696,000
Long term investments	72,000	34,000	20,000
Excess cash		61,850	271,500
Stockholders' equity	2,264,000	2,156,000	1,506,000
Invested Capital	7,271,000	6,498,150	4,535,500
ROIC	100.04%	86.35%	95.24%
ROCE	92.27%	71.35%	76.36%
EV
Common stock shares outstanding	265,726	265,510	265,060
Price
Market cap
EV
EBITDA	7,581,000	5,290,000	4,015,000
EV/EBITDA
Interest	180,000	50,000	15,000
Interest/NOPBT	2.55%	1.02%	0.39%