XSTOKAR
Market cap786mUSD
Dec 23, Last price
80.60SEK
1D
-0.49%
1Q
0.62%
IPO
87.44%
Name
Karnov Group AB (publ)
Chart & Performance
P/E
227.61
P/S
3.51
EPS
0.35
Div Yield, %
0.00%
Shrs. gr., 5y
2.05%
Rev. gr., 5y
28.17%
Revenues
2.47b
+122.24%
Net income
38m
-36.23%
CFO
337m
+22.12%
Dividend
May 06, 20211 SEK/sh
Earnings
May 08, 2025
Profile
Karnov Group AB (publ) provides online and offline information products and services for professionals in the areas of legal, tax and accounting, environmental, and health and safety in Denmark, Norway, Sweden, and other European countries. The company principally offers subscription-based online solutions. It also publishes and sells printed books and journals, as well as hosts legal training courses. The company provides its products under the Karnov, Norstedts Juridik, Notisum, Legal Cross Border, Forlaget Andersen, LEXNordics, DIBkunnskap, and Echoline brand names. It serves law firms, tax and accounting firms, and corporates, as well as the public sector, including courts, libraries, universities, and other public authorities and municipalities. The company was founded in 1867 and is headquartered in Stockholm, Sweden.
Valuation
Title SEK in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | |
| Income | ||||||||
Revenues | 2,474,600 122.24% | 1,113,498 26.81% | 878,072 13.83% | |||||
Cost of revenue | 2,276,700 | 512,996 | 371,769 | |||||
Unusual Expense (Income) | ||||||||
NOPBT | 197,900 | 600,502 | 506,303 | |||||
NOPBT Margin | 8.00% | 53.93% | 57.66% | |||||
Operating Taxes | (2,500) | (9,858) | 18,935 | |||||
Tax Rate | 3.74% | |||||||
NOPAT | 200,400 | 610,360 | 487,368 | |||||
Net income | 38,200 -36.23% | 59,900 -29.46% | 84,912 -15.01% | |||||
Dividends | (97,849) | |||||||
Dividend yield | 1.49% | |||||||
Proceeds from repurchase of equity | (800) | 600,300 | ||||||
BB yield | 0.01% | -9.12% | ||||||
| Debt | ||||||||
Debt current | 136,000 | 52,522 | 12,477 | |||||
Long-term debt | 2,534,000 | 2,964,666 | 1,395,951 | |||||
Deferred revenue | 5,754 | |||||||
Other long-term liabilities | 131,000 | 148,815 | 63,553 | |||||
Net debt | 2,132,400 | 2,266,028 | 379,414 | |||||
| Cash flow | ||||||||
Cash from operating activities | 337,000 | 275,950 | 314,161 | |||||
CAPEX | (7,200) | (93,070) | (63,354) | |||||
Cash from investing activities | (220,900) | (1,739,692) | (385,454) | |||||
Cash from financing activities | (337,700) | 1,152,228 | 467,639 | |||||
FCF | 419,370 | 929,478 | 487,005 | |||||
| Balance | ||||||||
Cash | 450,600 | 671,199 | 951,471 | |||||
Long term investments | 87,000 | 79,961 | 77,543 | |||||
Excess cash | 413,870 | 695,485 | 985,110 | |||||
Stockholders' equity | (63,600) | (100,806) | (162,757) | |||||
Invested Capital | 4,969,700 | 5,230,338 | 3,630,914 | |||||
ROIC | 3.93% | 13.78% | 14.72% | |||||
ROCE | 3.77% | 10.83% | 13.94% | |||||
| EV | ||||||||
Common stock shares outstanding | 108,102 | 108,102 | 98,288 | |||||
Price | 55.50 -4.97% | 58.40 -12.84% | 67.00 12.61% | |||||
Market cap | 5,999,664 -4.97% | 6,313,157 -4.13% | 6,585,285 13.32% | |||||
EV | 8,132,064 | 8,812,571 | 7,309,254 | |||||
EBITDA | 565,700 | 834,318 | 714,907 | |||||
EV/EBITDA | 14.38 | 10.56 | 10.22 | |||||
Interest | 146,200 | 30,137 | 17,614 | |||||
Interest/NOPBT | 73.88% | 5.02% | 3.48% | |||||