MilDef Group AB

MilDef Group AB

MILDEF · ST · Industrials / Aerospace & Defense

241.60SEK+2.70 (+1.13%)

Price History

Full chart

Market Stats

Previous Close238.90
Open238.90
Day Range234.90 – 244.70
52-Week Range109.76 – 251.90
Volume221.78K
Market Cap11.23B
P/E (TTM)41.82
Forward P/E22.78
EPS5.70
Dividend Yield0.32%
Beta1.11
50-Day Avg226.67
200-Day Avg173.83

About

MilDef Group AB (publ), together with its subsidiaries, develops, manufactures, and sells rugged IT solutions in Sweden, Norway, Finland, Denmark, the United Kingdom, Germany, Switzerland, the United States, Australia, and internationally. The company offers IT equipment, rugged computers, KVM, switches, routers, power distribution, customer projects, and accessories; laptops, tablets, and handhelds; intelligent displays; special electronics; concept products; and fiber optic and keyboards. It also provides OneCIS, a tactical C2IS platform; development services; and consulting services, such as project management and facilitating, change management and benefit realization, service design and architecture, and IT advisory and security. In addition, the company offers integration services, including systems engineering and design; ILS-management and technical support; system safety; technical documentation; project, program, and portfolio management; integration, installation, and maintenance; helpdesk, and service desk services. It sells its products to national and critical infrastructure sectors. The company was founded in 1997 and is headquartered in Helsingborg, Sweden.

Company Details

  • SectorIndustrials
  • IndustryAerospace & Defense
  • CEOMr. Daniel Ljunggren
  • Employees553
  • HeadquartersMuskötgatan 6, Helsingborg, Sweden, 254 66, Sweden
  • Websitehttps://mildef.com

Leadership

  • Mr. Daniel LjunggrenPresident & CEO · b. 1980
  • Ms. Viveca JohnssonChief Financial Officer · b. 1987
  • Mr. Fredrik PerssonDeputy CEO & CTO · b. 1981
  • Mr. Olof EngvallHead of Investor Relations & Communication · b. 1968
  • Ms. Karin SvalanderChief Legal & Compliance Officer · b. 1978
  • Ms. Martina KarlssonChief People Officer · b. 1987

Financials

Income Statement

Currency: SEK2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue243.80M334.00M398.50M469.60M738.80M1.15B1.20B2.05B
Growth (%)-+37.00%+19.31%+17.84%+57.33%+55.83%+4.31%+70.31%
Cost of Revenue152.10M209.20M216.40M259.50M386.50M595.00M611.80M1.13B
Gross Profit91.70M124.80M182.10M210.10M352.30M556.30M589.10M920.10M
Gross Margin37.61%37.37%45.70%44.74%47.69%48.32%49.05%44.99%
Operating Expense73.90M99.90M125.20M210.60M323.10M448.20M798.10M708.00M
Operating Income17.80M24.90M56.90M-500.00K29.20M108.10M-209.00M212.10M
Operating Margin7.30%7.46%14.28%-0.11%3.95%9.39%-17.40%10.37%
EBITDA24.70M35.70M67.00M23.20M57.80M176.70M-36.10M324.70M
EBITDA Margin10.13%10.69%16.81%4.94%7.82%15.35%-3.01%15.88%
Net Income12.10M19.00M42.50M-700.00K14.20M69.00M-220.30M147.70M
Net Income Margin4.96%5.69%10.66%-0.15%1.92%5.99%-18.34%7.22%
R&D17.70M26.00M33.10M40.40M49.00M80.70M84.00M112.00M
R&D as % of Total Revenue7.26%7.78%8.31%8.60%6.63%7.01%6.99%5.48%
Interest Expense300.00K500.00K1.60M4.80M10.60M29.10M24.50M42.80M
Interest Expense % of Total Revenue0.12%0.15%0.40%1.02%1.43%2.53%2.04%2.09%

Balance Sheet

Currency: SEK2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets178.20M285.20M367.90M808.20M1.39B1.53B1.68B2.91B
Total Liabilities90.40M183.90M235.30M240.00M606.00M681.10M581.90M1.39B
Total Equity87.80M101.30M132.60M568.20M787.90M844.60M1.10B1.52B
Cash31.50M9.10M46.80M169.20M59.90M81.50M530.40M148.60M
Total Debt2.70M72.20M66.70M102.10M314.70M367.40M220.40M955.60M
Net Debt-28.80M63.10M19.90M-67.10M254.80M285.90M-310.00M807.00M

Cash Flow

Currency: SEK2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow25.80M-7.90M61.70M-55.50M-76.80M54.50M144.40M-3.00M
Investing Cash Flow-3.60M-2.71M-8.60M-187.20M-401.30M-68.90M-33.30M-731.50M
Financing Cash Flow-17.90M-12.00M-14.40M362.90M285.70M38.50M335.10M359.70M
Capital Expenditure3.10M2.70M8.90M16.40M18.00M45.80M20.50M28.60M
Free Cash Flow22.70M-10.60M52.80M-71.90M-94.80M8.70M123.90M-31.60M
Dividends Paid14.20M5.80M8.70M17.40M27.30M-19.90M23.50M
FCF to OCF87.98%134.18%85.58%129.55%123.44%15.96%85.80%1053.33%
Dividend Paid to FCF62.56%-54.72%16.48%-24.20%-28.80%-16.06%-74.37%

Earnings

Report DateJun 30, 2021Sep 30, 2021Feb 10, 2022Apr 28, 2022Jul 28, 2022Oct 27, 2022Feb 9, 2023May 5, 2023Jul 27, 2023Oct 26, 2023Feb 8, 2024Apr 26, 2024Jul 25, 2024Oct 25, 2024Feb 6, 2025Apr 29, 2025Jul 18, 2025Oct 23, 2025Feb 5, 2026Apr 23, 2026Jul 16, 2026Oct 22, 2026
EPS Estimate---------0.090.690.420.240.290.900.570.981.221.930.990.671.26
EPS Actual-0.180.040.570.01-0.360.180.510.400.530.140.64-0.290.580.431.36-0.040.190.901.981.511.25-
Surprise---------55.56%-7.25%-169.05%141.67%48.28%51.11%-107.02%-80.61%-26.23%2.59%52.53%86.57%-
Timing--Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hours

Key Statistics & Ratios

Market Cap11.23B
Enterprise Value12.06B
Trailing P/E41.82
Forward P/E22.78
Price / Sales4.22
Price / Book6.98
EPS5.70
Book Value35.20
Revenue (TTM)2.66B
Gross Profit (TTM)1.22B
EBITDA468.90M
Profit Margin10.01%
Operating Margin12.79%
Return on Equity17.63%
Return on Assets8.20%
Shares Outstanding47.09M
Shares Float40.73M
Beta1.11
Dividend Yield0.32%
Dividend Rate0.75
Payout Ratio13.30%

Dividends

20261×
0.75May 22, 2026
20251×
0.50May 23, 2025
20241×
0.50May 24, 2024
20221×
0.75May 13, 2022