Projected Income Statement: Getinge AB

Forecast Balance Sheet: Getinge AB

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 3,609 2,602 8,012 10,467 9,840 8,212 5,997 3,544
Change - -27.9% 207.92% 30.64% -5.99% -16.54% -26.97% -40.9%
Announcement Date 28/01/22 01/02/23 01/02/24 28/01/25 27/01/26 - - -
1SEK in Million
Estimates

Cash Flow Forecast: Getinge AB

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 930 1,136 1,353 1,309 1,314 1,383 1,497 1,577
Change - 22.15% 19.1% -3.25% 0.38% 5.27% 8.21% 5.38%
Free Cash Flow (FCF) 1 5,630 1,897 1,604 3,268 2,635 3,963 4,012 4,441
Change - -66.31% -15.45% 103.74% -19.37% 50.4% 1.24% 10.68%
Announcement Date 28/01/22 01/02/23 01/02/24 28/01/25 27/01/26 - - -
1SEK in Million
Estimates

Forecast Financial Ratios: Getinge AB

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 24.97% 20.82% 17.51% 19.12% 18.82% 20.25% 20.47% 21.18%
EBIT Margin (%) 18.26% 14.48% 11.48% 13.09% 12.85% 14.37% 14.7% 15.41%
EBT Margin (%) 15.48% 12.27% 10.5% 6.57% 8.99% 12.42% 13.06% 14.09%
Net margin (%) 10.98% 8.8% 7.58% 4.71% 6.46% 8.95% 9.4% 10.11%
FCF margin (%) 20.81% 6.71% 5.04% 9.4% 7.54% 11.24% 10.78% 11.39%
FCF / Net Income (%) 189.56% 76.15% 66.5% 199.51% 116.7% 125.59% 114.69% 112.64%

Profitability

        
ROA 6.63% 5.16% 4.74% 5.44% 5.11% 5.85% 6.1% 5.8%
ROE 12.9% 8.9% 7.8% 5.2% 7.5% 10.64% 10.78% 11.06%

Financial Health

        
Leverage (Debt/EBITDA) 0.53x 0.44x 1.44x 1.57x 1.5x 1.15x 0.79x 0.43x
Debt / Free cash flow 0.64x 1.37x 5x 3.2x 3.73x 2.07x 1.49x 0.8x

Capital Intensity

        
CAPEX / Current Assets (%) 3.44% 4.02% 4.25% 3.77% 3.76% 3.92% 4.02% 4.04%
CAPEX / EBITDA (%) 13.77% 19.28% 24.27% 19.7% 19.97% 19.37% 19.64% 19.1%
CAPEX / FCF (%) 16.52% 59.88% 84.35% 40.06% 49.87% 34.9% 37.3% 35.52%

Items per share

        
Cash flow per share 1 24.08 - 10.86 16.8 14.5 20.1 18.72 20.97
Change - - - 54.78% -13.72% 38.63% -6.88% 12.04%
Dividend per Share 1 4 4.25 4.4 4.6 4.75 5.174 5.612 5.956
Change - 6.25% 3.53% 4.55% 3.26% 8.92% 8.48% 6.12%
Book Value Per Share 1 92.43 111.8 111.6 121.9 108.3 117.6 125 134.9
Change - 20.96% -0.15% 9.23% -11.19% 8.62% 6.26% 7.92%
EPS 1 10.9 9.15 8.86 6.01 8.29 11.6 12.84 14.47
Change - -16.06% -3.17% -32.17% 37.94% 39.87% 10.76% 12.63%
Nbr of stocks (in thousands) 272,370 272,370 272,370 272,370 272,370 272,370 272,370 272,370
Announcement Date 28/01/22 01/02/23 01/02/24 28/01/25 27/01/26 - - -
1SEK
Estimates
2026 *2027 *
P/E 20.9x 18.8x
PBR 2.06x 1.93x
EV / Sales 2.1x 1.93x
Yield 2.14% 2.32%

EPS & Dividend



Y-o-Y evolution of P/E

 

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
241.80SEK
Average target price
241.60SEK
Spread / Average Target
-0.08%

Quarterly revenue - Rate of surprise