Teqnion AB (publ) - TEQ.ST

TEQ.ST Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
TEQ.ST	0	4.6	-1.6	-13.3	-16.1	-24.9	24.0	549.7	332.3	332.3
S&P 500	0.5	-0.8	3.2	6.4	9.9	25.3	34.5	88.2	200.4	34278.1

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	TEQ.ST
name	Teqnion AB (publ)
price	168.6
changes percentage	0
change	0
day low	167.4
day high	169
year high	274
year low	157.4
market cap	2889551100
price avg 50	167.048
price avg 200	190.428
exchange	STO
volume	540
avg volume	17436
open	169
previous close	168.6
eps	6.74
pe	25.01
earnings announcement	2025-02-15T10:59:00.000+0000
shares outstanding	17138500
timestamp	2025-01-31 08:46:18

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 79.7%

Overall Quarterly Financial Health: 39.3%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	1475600000	1324800000	11.38
gross profit	670900000	565400000	18.66
gross profit ratio	0.45	0.43	6.53
research and development expenses	0	0	NaN
operating expenses	501200000	436500000	14.82
interest income	5400000	200000	2600.00
interest expense	15600000	8300000	87.95
ebitda	229600000	186299999	23.24
ebitdaratio	0.16	0.14	12.95
operating income	169700000	144900000	17.12
operating income ratio	0.12	0.11	5.15
net income	125000000	110300000	13.33
net income ratio	0.08	0.08	1.75
eps	7.55	6.84	10.38

Overall Score of Annual Income Statement

0.86 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 1,476 million in 2023 from 1,325 million in 2022 representing a change of 11.38%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 671 million in 2023 from 565 million in 2022 representing a change of 18.66%. This indicates a sales profitability growth, which is a positive sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 230 million in 2023 from 186 million in 2022 representing a change of 23.24%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 170 million in 2023 from 145 million in 2022 representing a change of 17.12%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 125 million in 2023 from 110 million in 2022 representing a change of 13.33%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 7.55 in 2023 from 7.55 in 2022 representing a change of 10.38%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 501 million in 2023 from 436 million in 2022 representing a change of 14.82%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
revenue	381800000	399700000	-4.48
gross profit	170700000	34600000	393.35
gross profit ratio	0.45	0.09	416.48
research and development expenses	0	0	NaN
operating expenses	129800000	139400000	-6.89
interest income	0	600000	-100.00
interest expense	6800000	5700000	19.30
ebitda	57300000	61500000	-6.83
ebitdaratio	0.15	0.12	21.43
operating income	40900000	34600000	18.21
operating income ratio	0.11	0.09	23.75
net income	27500000	34500000	-20.29
net income ratio	0.07	0.09	-16.55
eps	1.6	2.01	-20.40

Overall Score of Quarterly Income Statement

0.43 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Revenue Growth: revenue decreased to 382 million in 2024Q3 from 400 million in 2024Q2 representing a change of -4.48%. This indicates a sales shrinking, which is a negative sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 57 million in 2024Q3 from 62 million in 2024Q2 representing a change of -6.83%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Net Income: Net income decreased to 28 million in 2024Q3 from 34 million in 2024Q2 representing a change of -20.29%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 1.6 in 2024Q3 from 1.6 in 2024Q2 representing a change of -20.4%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

• 📈 Positive Indicators

  Gross Profit: Gross Profit increased to 171 million in 2024Q3 from 35 million in 2024Q2 representing a change of 393.35%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 130 million in 2024Q3 from 139 million in 2024Q2 representing a change of -6.89%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  Operating Income: Operating income increased to 41 million in 2024Q3 from 35 million in 2024Q2 representing a change of 18.21%. The increase in operating income indicates better operational performance and increased profitability.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	1488200000	1070800000	38.98
total liabilities	752600000	626300000	20.17
total equity	735600000	444500000	65.49
cash and cash equivalents	199800000	47300000	322.41
short term investments	0	0	NaN
long term investments	0	500000	-100.00
total current assets	684600000	460400000	48.70
total non current assets	803600000	610400000	31.65
total current liabilities	370800000	353500000	4.89
total non current liabilities	381800000	272800000	39.96
common stock	900000	800000	12.50
retained earnings	455900000	330800000	37.82
total debt	360800000	261500000	37.97

Overall Score of Annual Balance Sheet

0.67 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 1,488 million in 2023 from 1,071 million in 2022 representing a change of 38.98%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 736 million in 2023 from 444 million in 2022 representing a change of 65.49%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 200 million in 2023 from 47 million in 2022 representing a change of 322.41%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 685 million in 2023 from 460 million in 2022 representing a change of 48.7%. This indicates a better liquidity position.

  Common Stock: Common Stock increased to 1 in 2023 from 1 in 2022 representing a change of 12.5%. This indicates an increase in ownership interest.

  Retained Earnings: Retained Earnings increased to 456 million in 2023 from 331 million in 2022 representing a change of 37.82%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 753 million in 2023 from 626 million in 2022 representing a change of 20.17%. This indicates an increase in overall liabilities.

  Total Current Liabilities: Total Current Liabilities increased to 371 million in 2023 from 354 million in 2022 representing a change of 4.89%. This indicates a higher short-term debt burden.

  Total Debt: Total Debt increased to 361 million in 2023 from 262 million in 2022 representing a change of 37.97%. This indicates an increase in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
total assets	1676900000	1646300000	1.86
total liabilities	841400000	836300000	0.61
total equity	835500000	809900000	3.16
cash and cash equivalents	174000000	176800000	-1.58
short term investments	0	0	NaN
long term investments	400000	2000000	-80.00
total current assets	729200000	773400000	-5.72
total non current assets	947700000	872900000	8.57
total current liabilities	343400000	410500000	-16.35
total non current liabilities	498000000	425799999	16.96
common stock	900000	900000	0.00
retained earnings	529799999	502500000	5.43
total debt	453700000	395800000	14.63

Overall Score of Quarterly Balance Sheet

0.5 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 1,677 million in 2024Q3 from 1,646 million in 2024Q2 representing a change of 1.86%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 836 million in 2024Q3 from 810 million in 2024Q2 representing a change of 3.16%. This indicates an increase in shareholders' equity.

  Total Current Liabilities: Total Current Liabilities decreased to 343 million in 2024Q3 from 410 million in 2024Q2 representing a change of -16.35%. This indicates a lower short-term debt burden.

  Retained Earnings: Retained Earnings increased to 530 million in 2024Q3 from 502 million in 2024Q2 representing a change of 5.43%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 841 million in 2024Q3 from 836 million in 2024Q2 representing a change of 0.61%. This indicates an increase in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 174 million in 2024Q3 from 177 million in 2024Q2 representing a change of -1.58%. This indicates a decrease in available liquid assets.

  Total Current Assets: Total Current Assets decreased to 729 million in 2024Q3 from 773 million in 2024Q2 representing a change of -5.72%. This indicates a worsen liquidity position.

  Total Debt: Total Debt increased to 454 million in 2024Q3 from 396 million in 2024Q2 representing a change of 14.63%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	152500000	-38500000	496.10
operating cash flow	125200000	104900000	19.35
free cash flow	114500000	97400000	17.56
capital expenditure	-10700000	-7500000	-42.67
depreciation and amortization	56300000	40500000	39.01
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts payables	-13500000	-8900000	-51.69
inventory	500000	-38600000	101.30
acquisitions net	-151700000	-133300000	-13.80
investments in property plant and equipment	-8700000	-7500000	-16.00
net cash used for investing activites	-159000000	-139800000	-13.73
debt repayment	55300000	4100000	1248.78
common stock issued	177800000	100000	177700.00
common stock repurchased	0	0	NaN
dividends paid	0	-8100000	100.00
net cash used provided by financing activities	185900000	-4300000	4423.26
cash at end of period	199800000	47300000	322.41
accounts receivables	-20200000	-10400000	-94.23
cash at beginning of period	47300000	85800000	-44.87

Overall Score of Annual Cashflow Statement

0.86 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 152 million in 2023 from -38 million in 2022 representing a change of 496.1%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 125 million in 2023 from 105 million in 2022 representing a change of 19.35%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 114 million in 2023 from 97 million in 2022 representing a change of 17.56%. This indicates an increase in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure decreased to -11 million in 2023 from -8 million in 2022 representing a change of -42.67%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Accounts Receivables: Accounts Receivables decreased to -20 million in 2023 from -10 million in 2022 representing a change of -94.23%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

  Dividends Paid: Dividends Paid increased to 0 million in 2023 from -8 million in 2022 representing a change of 100.0%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.

• 📉 Negative Indicators

  Accounts Payables: The absolute value of Accounts Payables increased to 14 million in 2023 from 9 million in 2022 representing a change of -51.69%. This indicates that the company has increased its outstanding obligations to its suppliers.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
operating cash flow	24700000	37400000	-33.96
free cash flow	17700000	32300000	-45.20
capital expenditure	-7000000	-5100000	-37.25
depreciation and amortization	0	14800000	-100.00
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	0	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	-54900000	-15300000	-258.82
investments in property plant and equipment	-7000000	-5100000	-37.25
net cash used for investing activites	-61800000	-20500000	-201.46
debt repayment	35300000	-23500000	250.21
common stock issued	0	2800000	-100.00
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	35300000	-21100000	267.30
net change in cash	-2800000	-2500000	-12.00
cash at end of period	174000000	176800000	-1.58
cash at beginning of period	176800000	179300000	-1.39

Overall Score of Quarterly Cashflow Statement

0.25 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -3 million in 2024Q3 from -2 million in 2024Q2 representing a change of -12.0%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow decreased to 25 million in 2024Q3 from 37 million in 2024Q2 representing a change of -33.96%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to 18 million in 2024Q3 from 32 million in 2024Q2 representing a change of -45.2%. This indicates a decrease in cash generated after accounting for capital expenditures.

• 📈 Positive Indicators

  Capital Expenditure: Capital Expenditure decreased to -7 million in 2024Q3 from -5 million in 2024Q2 representing a change of -37.25%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	89.08	82.13	8.46
net income per share	7.55	6.84	10.35
operating cash flow per share	7.56	6.5	16.22
free cash flow per share	6.91	6.04	14.47
cash per share	12.06	2.93	311.33
book value per share	44.41	27.56	61.15
tangible book value per share	6.85	-1.9	461.19
shareholders equity per share	44.31	27.46	61.34
interest debt per share	22.72	16.73	35.85
market cap	4116197239	2232351767.22	84.39
enterprise value	4277197239	2446551767.22	74.83
pe ratio	32.93	20.24	62.70
price to sales ratio	2.79	1.69	65.54
pocfratio	32.88	21.28	54.49
pfcf ratio	35.95	22.92	56.85
pb ratio	5.61	5.04	11.29
ptb ratio	5.61	5.04	11.29
ev to sales	2.9	1.85	56.96
enterprise value over ebitda	18.63	13.13	41.86
ev to operating cash flow	34.16	23.32	46.48
ev to free cash flow	37.36	25.12	48.72
earnings yield	0.03	0.05	-38.54
free cash flow yield	0.03	0.04	-36.25
debt to equity	0.49	0.59	-16.73
debt to assets	0.24	0.24	-0.72
net debt to ebitda	0.7	1.15	-39.01
current ratio	1.85	1.3	41.76
interest coverage	10.88	17.46	-37.69
income quality	1.0	0.72	38.35
dividend yield	0	0.0	-100.00
payout ratio	0	0.07	-100.00
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.42	0.44	-5.78
capex to operating cash flow	0.09	0.07	19.53
capex to revenue	0.01	0.01	28.09
capex to depreciation	0.19	0.19	2.63
stock based compensation to revenue	0	0	NaN
graham number	86.74	65.01	33.44
roic	0.11	0.15	-23.55
return on tangible assets	0.14	0.19	-22.05
graham net net	-16.88	-21.78	22.51
working capital	313800000	106900000	193.55
tangible asset value	113500000	-30600000	470.92
net current asset value	-68000000	-165900000	59.01
invested capital	1117000000	714800000	56.27
average receivables	169100000	137200000	23.25
average payables	101200000	91500000	10.60
average inventory	247349999.5	201719500	22.62
days sales outstanding	47.76	39.98	19.48
days payables outstanding	45.31	49.27	-8.02
days of inventory on hand	116.53	114.3	1.95
receivables turnover	7.64	9.13	-16.30
payables turnover	8.06	7.41	8.72
inventory turnover	3.13	3.19	-1.91
roe	0.17	0.25	-31.60
capex per share	0.65	0.46	38.92

• Neutral

  ROE: Return on Equity (ROE) decreased to 0.17 on 2023-12-31 from 0.25 on 2022-12-31, representing a change of -31.60%. However, ROE is >= 15%, suggesting that the company has been generating high returns for its shareholders still.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 32.93 on 2023-12-31 from 20.24 on 2022-12-31, representing a change of 62.70%. Indicating an increase in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 1.85 on 2023-12-31 from 1.30 on 2022-12-31, representing a change of 41.76%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.49 on 2023-12-31 from 0.59 on 2022-12-31, representing a change of -16.73%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2024-09-30 Q3	2024-06-30 Q2	Q/Q change %
TEQ.ST
calendar year	2024	2024	NaN
revenue per share	22.24	23.31	-4.60
net income per share	1.6	2.01	-20.39
operating cash flow per share	1.44	2.18	-34.04
free cash flow per share	1.03	1.88	-45.27
cash per share	10.14	10.31	-1.71
book value per share	48.67	47.25	3.02
tangible book value per share	4.99	7.15	-30.21
shareholders equity per share	48.59	47.17	3.01
interest debt per share	26.83	23.42	14.55
market cap	3295825152	3488884382.5	-5.53
enterprise value	3575525152	3707884382.5	-3.57
pe ratio	29.96	25.28	18.51
price to sales ratio	8.63	8.73	-1.10
pocfratio	133.43	93.29	43.04
pfcf ratio	186.2	108.01	72.39
pb ratio	3.95	4.31	-8.41
ptb ratio	3.95	4.31	-8.41
ev to sales	9.36	9.28	0.95
enterprise value over ebitda	62.4	60.29	3.50
ev to operating cash flow	144.76	99.14	46.01
ev to free cash flow	202.01	114.8	75.97
earnings yield	0.01	0.01	-15.62
free cash flow yield	0.01	0.01	-41.99
debt to equity	0.54	0.49	11.14
debt to assets	0.27	0.24	12.54
net debt to ebitda	4.88	3.56	37.08
current ratio	2.12	1.88	12.71
interest coverage	6.01	6.07	-0.91
income quality	0.9	1.08	-17.15
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.45	0.42	7.09
capex to operating cash flow	0.28	0.14	107.83
capex to revenue	0.02	0.01	43.69
capex to depreciation	0	0.34	-100.00
stock based compensation to revenue	0	0	NaN
graham number	41.85	46.21	-9.44
roic	0.02	0.02	5.56
return on tangible assets	0.03	0.04	-17.56
graham net net	-19.69	-19.7	0.07
working capital	385800000	362900000	6.31
tangible asset value	85600000	122500000	-30.12
net current asset value	-112200000	-62900000	-78.38
invested capital	1333100000	1233900000	8.04
average receivables	251000000	245100000	2.41
average payables	126850000	135700000	-6.52
average inventory	274700000	270849999.5	1.42
days sales outstanding	61.34	54.45	12.65
days payables outstanding	45.96	35.97	27.79
days of inventory on hand	114.51	69.22	65.44
receivables turnover	1.47	1.65	-11.23
payables turnover	1.96	2.5	-21.74
inventory turnover	0.79	1.3	-39.55
roe	0.03	0.04	-22.72
capex per share	0.41	0.3	37.08

• Negative

  ROE: Return on Equity (ROE) decreased to 0.03 on 2024-09-30 Q3 from 0.04 on 2024-06-30 Q2, representing a change of -22.72%. Suggesting that the company has not been generating high returns for its shareholders.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 29.96 on 2024-09-30 Q3 from 25.28 on 2024-06-30 Q2, representing a change of 18.51%. Indicating an increase in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 2.12 on 2024-09-30 Q3 from 1.88 on 2024-06-30 Q2, representing a change of 12.71%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

• Neutral

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.54 on 2024-09-30 Q3 from 0.49 on 2024-06-30 Q2, representing a change of 11.14%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Positive Sentiment: Discounted Cash Flow value is 302.19 which is higher than current price 168.6, indicates the company may be undervalued.