VBG Group AB (publ)

Chart & Performance

D1W1MN

P/E

13.72

P/S

1.36

EPS

22.52

Div Yield, %

1.76%

Shrs. gr., 5y

—

Rev. gr., 5y

10.45%

Revenues

5.74b

+25.32%

Net income

569m

+54.40%

CFO

705m

+125.59%

Dividend

May 03, 20247 SEK/sh

Earnings

Feb 18, 2025

Profile

VBG Group AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells various industrial products in Germany, rest of the Nordic countries and Europe, Australia, New Zealand, and internationally. It operates through three segments: Truck & Trailer Equipment, Mobile Climate Control, and Ringfeder Power Transmission. The company's Truck & Trailer Equipment segment supplies trailer coupling equipment under VBG and Ringfeder brands; and automatic snow chains under Onspot brand name, as well as sliding roofs for canopy trailers and tipping vehicles, and sliding roof arches for railway carriages under Edscha Trailer Systems and Sesam brands. Its Mobile Climate Control segment supplies climate control systems, including heating, ventilation and air conditioning, control systems, and various associated components. This segment's customers include bus manufactures, infrastructure construction vehicles, agriculture, forestry, mines, and material handling sectors, as well as commercial vehicles, including garbage trucks, ambulances and fire trucks, and defense vehicles for troop transport. The company's Ringfeder Power Transmission segment offers products for mechanical power transmission, and energy and shock absorption for mines, metal and energy production, medical technology, pumps, food, industrial automation, and customer sectors under the Ringfeder and Henfel brands. VBG Group AB (publ) was founded in 1951 and is headquartered in Trollhättan, Sweden.

URL

https://www.vbggroup.com/

IPO date

Nov 17, 1987

Employees

1,823

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	5,739,756 25.32%	4,579,978 26.83%	3,611,224 14.75%
Cost of revenue	4,881,015	4,096,244	3,140,958
Unusual Expense (Income)
NOPBT	858,741	483,734	470,266
NOPBT Margin	14.96%	10.56%	13.02%
Operating Taxes	193,290	119,523	104,324
Tax Rate	22.51%	24.71%	22.18%
NOPAT	665,451	364,211	365,942
Net income	568,596 54.40%	368,273 9.24%	337,109 48.69%
Dividends	(137,522)	(125,020)	(112,518)
Dividend yield	2.26%	3.57%	2.39%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	55,702	49,056	22,625
Long-term debt	1,302,381	1,422,983	966,712
Deferred revenue			290,565
Other long-term liabilities	582,646	280,982	20,256
Net debt	472,134	(1,963,590)	(2,173,786)
Cash flow
Cash from operating activities	705,174	312,586	187,343
CAPEX	(111,532)	(118,106)	(62,123)
Cash from investing activities	(342,604)	(118,106)	(208,395)
Cash from financing activities	31,886	(377,949)	(226,836)
FCF	648,707	(390,416)	(20,368)
Balance
Cash	885,949	498,845	667,449
Long term investments		2,936,784	2,495,674
Excess cash	598,961	3,206,630	2,982,562
Stockholders' equity	2,892,763	2,506,964	2,012,233
Invested Capital	4,702,045	2,024,859	1,935,244
ROIC	19.78%	18.39%	18.82%
ROCE	16.20%	10.19%	11.23%
EV
Common stock shares outstanding	25,004	25,004	25,004
Price	243.00 73.57%	140.00 -25.53%	188.00 21.68%
Market cap	6,075,984 73.57%	3,500,567 -25.53%	4,700,761 21.68%
EV	6,548,118	1,536,977	2,526,975
EBITDA	986,819	620,070	576,704
EV/EBITDA	6.64	2.48	4.38
Interest	79,752	37,415	14,128
Interest/NOPBT	9.29%	7.73%	3.00%