Systemair AB

Chart & Performance

D1W1MN

P/E

28.77

P/S

1.52

EPS

3.10

Div Yield, %

1.24%

Shrs. gr., 5y

0.01%

Rev. gr., 5y

8.04%

Revenues

12.26b

+1.65%

Net income

646m

-37.90%

CFO

1.33b

+126.85%

Dividend

Aug 30, 20241.2 SEK/sh

Earnings

Mar 03, 2025

Profile

Systemair AB (publ), a ventilation company, engages in the manufacture and sale of ventilation products in Europe, the United States, the Middle East, Asia, Australia, Africa, and internationally. The company offers heating products, including convectors, controls, ceiling fans, air curtains, radiant and fan heaters; fans and accessories, such as circular and rectangular inline duct, roof, axial, explosion proof, domestic, smoke extract, and other fans, as well as electrical accessories for ventilation and fans for aggressive media; and residential systems comprising residential fans, counter flow and rotary units, vacuum systems, heat pumps, vacuum pumps, ducts, cooker hoods, filters, valves and grilles, and accessories for residential systems. It also provides fire safety products that include fire and smoke control dampers; air distribution products consisting of grilles, air volume controls, diffusers, and external louvers; air handling units, including compact and modular AHUs, roof ventilation units, and compact and modular AHU accessories; and air conditioning systems, such as hydronic and DX systems. The company's products are used in homes, offices, factories, hospitals, swimming pools, multi-storey car parks, and airports, as well as data centers, schools and public buildings, and marine, and oil and gas industries. It sells its products to ventilation contractors and distributors under the Systemair, Frico, Fantech, and Menerga brand names. Systemair AB (publ) was incorporated in 1972 and is headquartered in Skinnskatteberg, Sweden.

URL

https://www.systemair.com/

IPO date

Oct 01, 2007

Employees

6,616

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	2024‑04	2023‑04	2022‑04	2021‑04	2020‑04	2019‑04	2018‑04	2017‑04	2016‑04	2015‑04
Income
Revenues	12,256,600 1.65%	12,057,900 25.15%	9,634,500 13.09%
Cost of revenue	11,257,800	9,334,500	7,401,500
Unusual Expense (Income)
NOPBT	998,800	2,723,400	2,233,000
NOPBT Margin	8.15%	22.59%	23.18%
Operating Taxes	210,600	250,200	197,400
Tax Rate	21.09%	9.19%	8.84%
NOPAT	788,200	2,473,200	2,035,600
Net income	645,600 -37.90%	1,039,600 91.14%	543,900 33.90%
Dividends	(230,800)	(187,200)	(156,000)
Dividend yield
Proceeds from repurchase of equity	2,400	1,166,700	188,100
BB yield
Debt
Debt current	734,900	1,170,700	1,148,000
Long-term debt	1,109,200	931,000	1,504,000
Deferred revenue		108,000	156,300
Other long-term liabilities	219,500	46,000	42,500
Net debt	1,399,200	1,739,200	2,304,200
Cash flow
Cash from operating activities	1,333,200	587,700	235,200
CAPEX	(386,600)	(362,500)	(342,700)
Cash from investing activities	(389,700)	318,600	(515,900)
Cash from financing activities	(898,100)	(959,500)	274,900
FCF	807,400	1,773,600	1,037,200
Balance
Cash	419,300	343,800	339,300
Long term investments	25,600	18,700	8,500
Excess cash
Stockholders' equity	5,641,000	5,262,100	3,846,500
Invested Capital	7,335,500	7,107,500	6,286,500
ROIC	10.91%	36.93%	35.40%
ROCE	13.62%	37.76%	35.09%
EV
Common stock shares outstanding	208,110	208,063	208,000
Price
Market cap
EV
EBITDA	1,412,600	3,136,300	2,602,700
EV/EBITDA
Interest	102,100	73,900	28,300
Interest/NOPBT	10.22%	2.71%	1.27%