NYAB: Firmly on the growth path
NYAB's Q1 report was generally well in line with our expectations. The revised guidance for the current year was also broadly in line with our expectations, although the midpoints of the ranges provided were slightly lower than our pre-report estimates. In light of this, we made only minor estimate revisions for the coming years and expect profitable growth to remain strong.
NYAB
NYAB provides services of engineering, construction and maintenance with a focus on sustainable infrastructure and renewable energy. Offering includes, among others, roads, railways, bridges, airports, wind and solar power, as well as power networks. In addition, NYAB provides various types of facilities for industrial clients. NYAB operates in Sweden and Finland within both private and public sector.
Read more on company pageKey Estimate Figures2023-05-14
2022 | 23e | 24e | |
---|---|---|---|
Revenue | 247.7 | 330.1 | 377.9 |
growth-% | 494.78 % | 33.25 % | 14.50 % |
EBIT (adj.) | 30.5 | 29.8 | 31.9 |
EBIT-% (adj.) | 12.31 % | 9.04 % | 8.43 % |
EPS (adj.) | 0.04 | 0.03 | 0.04 |
Dividend | 0.01 | 0.01 | 0.01 |
Dividend % | 0.80 % | 1.71 % | 2.05 % |
P/E (adj.) | 23.13 | 16.90 | 15.14 |
EV/EBITDA | 18.77 | 12.00 | 10.81 |