Ferronordic AB (publ)

Ferronordic AB (publ)

FNM · ST · Industrials / Industrial Distribution

114.00SEK+4.00 (+3.64%)

Price History

Full chart

Market Stats

Previous Close110.00
Open110.00
Day Range108.50 – 114.50
52-Week Range39.50 – 111.50
Volume41.23K
Market Cap1.31B
P/E (TTM)16.65
Forward P/E10.01
EPS5.43
Dividend Yield0.00%
Beta1.97
50-Day Avg85.26
200-Day Avg59.11

About

Ferronordic AB (publ), together with its subsidiaries, operates as a dealer for new and used construction equipment and trucks in the United States, Germany, and Kazakhstan. The company also distributes excavators, wheel loaders, and mining machinery; mobile crushers and screens; telescopic and lattice boom cranes; backhoe loaders, compact wheel loaders, and other compact machines; haulers; wheeled and crawler excavators, and material handlers; and pavers, rollers, asphalt, and concrete mixing plants. In addition, the company engages in the rental, service, repair, and rebuilding of construction equipment, trucks, and associated equipment. Further, it provides technical support; consultancy services, such as machine operator training; aftermarket services and sales, including maintenance, diagnostics, overhauls, and spare parts sales; contracting; and other professional services. The company's brand portfolio includes Volvo Construction Equipment, Sandvik, Link-Belt Cranes, Hitachi Construction Machinery, Bergmann, Atlas, Mantsinen, Volvo Trucks, Renault Trucks, Mecalac, and Ammann. It serves the transport and logistics, general construction, road construction, mining, quarries and aggregates, government, recycling and waste, forestry, agriculture and landscaping, and other industries. The company was formerly known as Ferronordic Machines AB and changed its name to Ferronordic AB (publ) in July 2019. Ferronordic AB (publ) was incorporated in 2008 and is headquartered in Stockholm, Sweden.

Company Details

  • SectorIndustrials
  • IndustryIndustrial Distribution
  • CEOMr. Henrik Carlborg
  • Employees800
  • HeadquartersNybrogatan 6, Stockholm, Sweden, 114 34, Sweden
  • Websitehttps://www.ferronordic.com

Leadership

  • Mr. Lars CorneliussonExecutive Chairman of the Board · b. 1967
  • Mr. Henrik CarlborgPresident & CEO · b. 1975
  • Mr. Erik DanemarGroup CFO & Head of Investor Relations · b. 1976
  • Mr. Dan EliassonGeneral Counsel, Head of Treasury, Deputy CEO.& Secretary of the Board · b. 1971
  • Ms. Nadezhda SemiletovaManaging Director of Ferronordic Business · b. 1979
  • Mr. Martin BauknechtManaging Director for German Business · b. 1978

Financials

Income Statement

Currency: SEK2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.39B2.37B2.54B2.33B1.46B1.59B2.47B3.09B3.34B4.53B6.21B1.97B2.86B4.72B4.57B
Growth (%)--0.64%+6.95%-8.14%-37.54%+9.45%+54.65%+25.10%+8.36%+35.45%+37.15%-68.23%+45.11%+64.86%-3.26%
Cost of Revenue2.06B2.01B2.12B1.94B1.14B1.29B2.08B2.63B2.97B3.84B5.10B1.72B2.49B3.87B3.77B
Gross Profit332.55M361.42M419.14M396.39M321.27M302.40M386.89M458.38M371.14M691.18M1.11B250.00M377.00M853.00M792.00M
Gross Margin13.92%15.22%16.51%16.99%22.05%18.96%15.69%14.86%11.10%15.26%17.87%12.67%13.17%18.07%17.35%
Operating Expense279.99M334.95M366.77M327.42M260.21M198.14M199.57M184.69M13.56M362.94M627.00M3.00M493.00M832.00M723.00M
Operating Income52.56M26.47M52.37M68.97M61.06M104.27M187.31M273.69M357.59M328.24M483.00M247.00M-116.00M21.00M69.00M
Operating Margin2.20%1.11%2.06%2.96%4.19%6.54%7.59%8.87%10.70%7.25%7.78%12.52%-4.05%0.44%1.51%
EBITDA93.77M114.23M125.77M172.75M132.09M148.56M232.17M330.98M507.02M512.14M-53.00M351.00M4.00M470.00M471.00M
EBITDA Margin3.92%4.81%4.95%7.41%9.07%9.32%9.41%10.73%15.17%11.31%-0.85%17.79%0.14%9.96%10.32%
Net Income-15.74M-49.98M-46.32M18.73M28.77M83.64M151.30M209.12M250.82M222.00M339.00M197.00M-107.00M-89.00M-199.00M
Net Income Margin-0.66%-2.11%-1.82%0.80%1.97%5.24%6.13%6.78%7.50%4.90%5.46%9.98%-3.74%-1.89%-4.36%
Interest Expense48.00M84.80M83.02M36.58M27.92M10.06M12.69M15.95M61.84M60.83M41.00M19.00M48.00M147.00M125.00M
Interest Expense % of Total Revenue2.01%3.57%3.27%1.57%1.92%0.63%0.51%0.52%1.85%1.34%0.66%0.96%1.68%3.11%2.74%

Balance Sheet

Currency: SEK2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.22B1.33B1.45B1.17B807.65M1.03B1.41B1.73B2.98B2.63B3.97B3.22B4.71B4.94B3.99B
Total Liabilities1.05B1.20B918.64M801.50M485.58M590.38M803.41M1.07B2.09B1.82B2.87B1.34B3.08B3.44B2.69B
Total Equity178.47M130.42M533.67M371.53M322.07M442.41M611.08M655.94M890.34M806.40M1.10B1.87B1.62B1.50B1.31B
Cash110.63M165.52M162.81M177.45M175.29M198.85M352.24M356.59M519.36M603.50M768.00M1.69B426.00M363.00M153.00M
Total Debt672.50M715.53M222.26M286.56M93.49M26.04M40.40M53.77M1.11B583.45M966.00M731.00M1.78B2.34B1.82B
Net Debt561.87M550.01M59.46M109.11M-81.81M-172.81M-311.83M-302.81M593.08M-20.05M198.00M-957.00M1.35B1.98B1.67B

Cash Flow

Currency: SEK2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-455.54M142.62M45.62M-24.97M234.11M141.49M148.19M150.37M-330.36M692.54M457.00M215.00M-27.00M340.00M717.00M
Investing Cash Flow-41.64M-76.56M-22.45M-36.40M7.71M-5.47M-3.92M-35.08M-178.85M-47.00M-370.00M521.00M-1.22B33.00M-32.00M
Financing Cash Flow432.09M-7.89M-12.08M113.18M-210.51M-154.99M21.07M-108.17M689.72M-577.81M64.00M168.00M-21.00M-462.00M-851.00M
Capital Expenditure50.39M77.78M23.45M38.99M7.18M19.33M21.43M45.46M166.55M61.37M248.00M352.00M149.00M65.00M75.00M
Free Cash Flow-505.93M64.83M22.17M-63.96M226.93M122.16M126.76M104.91M-496.92M631.17M209.00M-137.00M-176.00M275.00M642.00M
Dividends Paid---50.00M50.00M52.50M58.36M29.73M108.99M61.76M109.00M0109.00M0-
FCF to OCF111.06%45.46%48.59%256.16%96.93%86.34%85.54%69.77%150.41%91.14%45.73%-63.72%651.85%80.88%89.54%
Dividend Paid to FCF----78.18%22.03%42.98%46.04%28.33%-21.93%9.79%52.15%0.00%-61.93%0.00%-

Earnings

Report DateNov 28, 2017Feb 22, 2018Apr 27, 2018Aug 10, 2018Nov 9, 2018Feb 15, 2019May 14, 2019Aug 15, 2019Nov 22, 2019Feb 20, 2020May 13, 2020Aug 13, 2020Nov 11, 2020Feb 19, 2021May 12, 2021Aug 12, 2021Nov 12, 2021Feb 18, 2022May 12, 2022Aug 17, 2022Nov 11, 2022Feb 17, 2023May 11, 2023Aug 17, 2023Nov 16, 2023Feb 22, 2024May 16, 2024Aug 15, 2024Nov 14, 2024Feb 20, 2025May 15, 2025Aug 14, 2025Nov 13, 2025Feb 12, 2026May 13, 2026Aug 12, 2026
EPS Estimate-2.772.103.093.433.322.674.824.725.201.592.174.114.663.016.656.755.983.664.1812.981.670.370.05-0.65-1.010.240.93-0.04-0.540.39-0.23-0.71-0.010.800.73
EPS Actual2.770.521.932.714.174.403.195.035.093.951.395.245.573.053.855.937.466.024.302.2025.203.370.464.27-6.16-3.844.83-5.56-6.070.93-10.32-3.51-0.872.612.183.08
Surprise--81.23%-8.10%-12.30%21.57%32.53%19.48%4.36%7.84%-24.04%-12.58%141.47%35.52%-34.55%27.91%-10.83%10.52%0.67%17.49%-47.37%94.14%101.80%24.32%8440.00%-847.69%-280.20%1912.50%-697.85%-15075.00%272.22%-2746.15%-1426.09%-22.54%26200.00%172.50%321.92%
TimingPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap1.31B
Enterprise Value3.43B
Trailing P/E16.65
Forward P/E10.01
Price / Sales0.27
Price / Book1.12
EPS5.43
Book Value96.96
Revenue (TTM)4.96B
Gross Profit (TTM)864.00M
EBITDA560.00M
Profit Margin1.57%
Operating Margin4.36%
Return on Equity5.75%
Return on Assets2.46%
Shares Outstanding14.53M
Shares Float4.44M
Beta1.97
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20231×
7.50May 12, 2023
20211×
7.50May 14, 2021
20201×
4.25Nov 6, 2020
20191×
3.75May 15, 2019
20181×
1.73May 21, 2018