XSTOSFAB
Market cap139mUSD
Dec 23, Last price
81.60SEK
1D
-2.04%
1Q
-0.85%
IPO
38.31%
Name
Solid FAB
Chart & Performance
P/E
9.38
P/S
1.31
EPS
8.70
Div Yield, %
3.54%
Shrs. gr., 5y
-0.95%
Rev. gr., 5y
7.17%
Revenues
1.19b
+6.44%
Net income
165m
+49.44%
CFO
113m
-38.65%
Dividend
Apr 26, 20244.5 SEK/sh
Profile
Solid Försäkringsaktiebolag (publ) provides non-life insurance products for private individuals in Sweden, Denmark, Norway, Finland, and the rest of Europe. It operates in three segments: Personal Safety, Product, and Assistance. The company offers bicycle, consumer electronics, income, payment protection, ID theft, accident, travel and cancellation protection, and all-risk insurance products; and assistance, insurance associated with vehicle warranties, and various insurance products for the travel industry. It also provides a deductible for white goods, garden tools, glasses, watches, and jewelry. The company offers its products through retail chains, banks, credit institutions, travel agents, and car dealerships, as well as directly to consumers. Solid Försäkringsaktiebolag (publ) was incorporated in 1993 and is headquartered in Helsingborg, Sweden.
Valuation
Title SEK in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | |
| Income | ||||||
Revenues | 1,186,370 6.44% | 1,114,580 7.26% | 1,039,116 10.84% | |||
Cost of revenue | 720,016 | 103,705 | 110,250 | |||
Unusual Expense (Income) | ||||||
NOPBT | 466,354 | 1,010,875 | 928,866 | |||
NOPBT Margin | 39.31% | 90.70% | 89.39% | |||
Operating Taxes | 54,413 | 28,544 | 31,385 | |||
Tax Rate | 11.67% | 2.82% | 3.38% | |||
NOPAT | 411,941 | 982,331 | 897,481 | |||
Net income | 165,363 49.44% | 110,656 -7.77% | 119,980 176.63% | |||
Dividends | (54,958) | |||||
Dividend yield | 4.52% | |||||
Proceeds from repurchase of equity | (62,313) | (26,755) | 1,000 | |||
BB yield | 5.13% | 2.04% | -0.09% | |||
| Debt | ||||||
Debt current | ||||||
Long-term debt | ||||||
Deferred revenue | ||||||
Other long-term liabilities | 604,374 | 609,753 | (220) | |||
Net debt | (1,434,203) | (1,434,013) | (1,295,760) | |||
| Cash flow | ||||||
Cash from operating activities | 113,415 | 184,861 | 163,056 | |||
CAPEX | (9,182) | (214) | (255) | |||
Cash from investing activities | (235,645) | (173,964) | 173,275 | |||
Cash from financing activities | (117,271) | (26,755) | (59,000) | |||
FCF | 1,113,802 | 982,920 | 625,160 | |||
| Balance | ||||||
Cash | 353,418 | 603,864 | 613,139 | |||
Long term investments | 1,080,785 | 830,149 | 682,621 | |||
Excess cash | 1,374,884 | 1,378,284 | 1,243,804 | |||
Stockholders' equity | 461,058 | 412,091 | 328,190 | |||
Invested Capital | 1,097,082 | 1,374,336 | 1,285,507 | |||
ROIC | 33.34% | 73.86% | 70.14% | |||
ROCE | 29.93% | 56.59% | 57.55% | |||
| EV | ||||||
Common stock shares outstanding | 19,071 | 19,962 | 20,000 | |||
Price | 63.70 -3.26% | 65.85 12.09% | 58.75 | |||
Market cap | 1,214,847 -7.58% | 1,314,505 11.87% | 1,175,000 | |||
EV | (217,969) | (118,893) | (119,983) | |||
EBITDA | 473,221 | 1,017,702 | 938,870 | |||
EV/EBITDA | ||||||
Interest | 247 | 341 | 287 | |||
Interest/NOPBT | 0.05% | 0.03% | 0.03% | |||