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Beijer Electronics Group AB (publ) (BELE.ST)
Key financial summary
Financials in SEK| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | SEK m | 1,206 | 1,417 | 1,559 | 1,438 | 1,619 | 2,128 | 2,417 |
| Operating profit | SEK m | 201 | 310 | |||||
| Net profit | SEK m | -7 | 44 | 65 | -6 | 36 | 146 | 216 |
| EPS reported | SEK | 5.00 | 7.48 | |||||
| Operating cashflow per share | SEK | 6.97 | 6.97 | |||||
| Capex per share | SEK | 4.21 | 4.21 | |||||
| FCF per share | SEK | 2.76 | 2.76 | |||||
| Free cash flow | SEK m | 80 | 261 | |||||
| Net debt | SEK m | 607 | 619 | |||||
| Book value equity | SEK m | 989 | 1,135 | |||||
| Book value per share | SEK | 33.83 | 39.25 | |||||
| Number of shares | m | 29.24 | 28.93 | |||||
| DPS (TTM paid) | SEK | 0.50 | 0.50 |
Financial summary
Financials in SEK| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 22.08 | - | |||||
| P/B LTM | x | 3.22 | 3.10 | |||||
| P/S LTM | x | 1.50 | 1.46 | |||||
| P/FCF LTM | x | 40.04 | 13.50 | |||||
| EV/EBITDA LTM | x | 10.27 | 2.94 | |||||
| EV/Sales LTM | x | 1.78 | 1.71 | |||||
| Earnings Yield LTM | % | 4.53% | 4.15% | |||||
| FCF Yield | % | 2.50% | 7.41% | |||||
| Quality | ||||||||
| ROE | % | 14.77% | 17.00% | |||||
| ROIC | % | 8.01% | 8.01% | |||||
| Operating margin | % | 9.45% | 9.45% | |||||
| Gross margin | % | 47.44% | 47.44% | |||||
| FCF/Sales | % | 3.74% | 3.74% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | +306.50% | +182.26% | |||||
| Sales Growth YoY | % | +31.48% | +30.77% | |||||
| Net Income Growth YoY | % | +308.50% | +183.40% | |||||
| FCF Growth | % | +780.09% | +177.74% | |||||
| Operating Profit Growth | % | +194.60% | +58.93% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.45% | 0.41% | |||||
| Dividend Growth | % | 0.00% | - | |||||
| Payout Ratio | % | 9.85% | 6.66% | |||||
| FCF/Debt | x | 0.10 | 0.30 | |||||
| Net Debt/EBITDA | x | 1.65 | 1.65 | |||||
| EBIT/Net interest | x | 9.11 | 9.11 | |||||
| Net debt/market cap | % | 19.07% | 17.56% | |||||
| Net debt/Equity | x | 0.61 | 0.54 | |||||
| Gross debt/equity | x | 0.78 | 0.78 | |||||
Company overview
Beijer Electronics Group AB (publ), alongside its subsidiaries, delivers a comprehensive portfolio of software, hardware, and services specifically designed for the Industrial Internet of Things (IIoT). The company organizes its operations into three distinct segments: Westermo, Beijer Electronics, and Korenix. Its extensive product range encompasses control systems, frequency inverters, and various human-machine interface (HMI) solutions, including traditional panels, web-based HMIs for machinery and processes, and web/dashboard applications. They also provide specialized marine monitors, industrial panel PCs, diverse display solutions, converters, IIoT gateways, servo drives, motors, motion controllers, and power supplies. For software, Beijer Electronics offers industrial automation platforms covering HMI, PLC control, data communications, and cloud-based IIoT solutions, notably the acirro platform. Specialized software tools for frequency inverters and servo systems are available under brands such as iX HMI, CODESYS, WARP, and BCS Tools. In terms of connectivity, their offerings include CloudVPN gateway solutions, both managed and unmanaged Ethernet switches (with Power over Ethernet options), wireless LAN access points, and cellular routers and gateways to enable secure remote access. Additionally, they supply a variety of distributed I/O modules for smart systems and CODESYS control. Operating under the Beijer Electronics, Westermo, and Korenix brand names, the company's products are vital to a broad spectrum of industries. These include manufacturing, energy, infrastructure, marine, water and wastewater management, packaging, food and beverage, and aquaculture. Their solutions also find application in electric vehicle chargers, building automation, and power generation. Beijer Electronics distributes its products through a network of system integrators, original equipment manufacturers (OEMs), brand label customers, and various distributors. The company maintains a significant global presence, with operations spanning Sweden and the wider Nordics, Germany, the United Kingdom, France, Turkey, other European countries, the United States, China, Taiwan, and throughout Asia. Established in 1926, Beijer Electronics Group AB (publ) is headquartered in Malmö, Sweden.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Beijer Electronics Group AB (publ) (BELE.ST)
Beijer Electronics Group AB (publ), alongside its subsidiaries, delivers a comprehensive portfolio of software, hardware, and services specifically designed for the Industrial Internet of Things (IIoT). The company organizes its operations into three distinct segments: Westermo, Beijer Electronics, and Korenix. Its extensive product range encompasses control systems, frequency inverters, and various human-machine interface (HMI) solutions, including traditional panels, web-based HMIs for machinery and processes, and web/dashboard applications. They also provide specialized marine monitors, industrial panel PCs, diverse display solutions, converters, IIoT gateways, servo drives, motors, motion controllers, and power supplies. For software, Beijer Electronics offers industrial automation platforms covering HMI, PLC control, data communications, and cloud-based IIoT solutions, notably the acirro platform. Specialized software tools for frequency inverters and servo systems are available under brands such as iX HMI, CODESYS, WARP, and BCS Tools. In terms of connectivity, their offerings include CloudVPN gateway solutions, both managed and unmanaged Ethernet switches (with Power over Ethernet options), wireless LAN access points, and cellular routers and gateways to enable secure remote access. Additionally, they supply a variety of distributed I/O modules for smart systems and CODESYS control. Operating under the Beijer Electronics, Westermo, and Korenix brand names, the company's products are vital to a broad spectrum of industries. These include manufacturing, energy, infrastructure, marine, water and wastewater management, packaging, food and beverage, and aquaculture. Their solutions also find application in electric vehicle chargers, building automation, and power generation. Beijer Electronics distributes its products through a network of system integrators, original equipment manufacturers (OEMs), brand label customers, and various distributors. The company maintains a significant global presence, with operations spanning Sweden and the wider Nordics, Germany, the United Kingdom, France, Turkey, other European countries, the United States, China, Taiwan, and throughout Asia. Established in 1926, Beijer Electronics Group AB (publ) is headquartered in Malmö, Sweden.
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