Elekta AB (publ) Logo

Elekta AB (publ)

EKTA-B.ST

(2.0)
Stock Price

67,10 SEK

7.26% ROA

14.13% ROE

22.83x PER

Market Cap.

31.320.546.911,00 SEK

66.07% DER

2.99% Yield

7.86% NPM

Elekta AB (publ) Stock Analysis

Elekta AB (publ) Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Elekta AB (publ) Fundamental Stock Analysis
# Analysis Rating
1 Dividend Growth

Investors can take confidence in the company's impressive track record of annual dividend growth over the last five years, showcasing a commitment to rewarding shareholders.

2 ROE

ROE in an average range (10.05%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (6.03%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 DER

The stock maintains a fair debt to equity ratio (63%), indicating a reasonable balance between the money it owes and the ownership it possesses.

5 Assets Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

6 Dividend

The company has consistently provided dividends over the past three years, indicating a reliable source of income for investors.

7 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (1.234), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

8 PBV

The stock's high Price-to-Book Value (P/BV) ratio (3.69x) suggests it's overvalued, potentially making it an expensive investment.

9 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

11 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

Elekta AB (publ) Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Elekta AB (publ) Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Elekta AB (publ) Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Elekta AB (publ) Revenue
Year Revenue Growth
2001 2.738.000.000
2002 2.781.000.000 1.55%
2003 2.900.000.000 4.1%
2004 3.152.000.000 7.99%
2005 4.421.000.000 28.7%
2006 4.525.000.000 2.3%
2007 5.081.000.000 10.94%
2008 6.689.000.000 24.04%
2009 7.392.000.000 9.51%
2010 7.904.000.000 6.48%
2011 9.048.000.000 12.64%
2012 10.339.000.000 12.49%
2013 10.694.000.000 3.32%
2014 10.839.000.000 1.34%
2015 11.221.000.000 3.4%
2016 10.704.000.000 -4.83%
2017 11.333.000.000 5.55%
2018 13.555.000.000 16.39%
2019 14.601.000.000 7.16%
2020 13.763.000.000 -6.09%
2021 14.548.000.000 5.4%
2022 16.869.000.000 13.76%
2023 18.928.000.000 10.88%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Elekta AB (publ) Research and Development Expenses
Year Research and Development Expenses Growth
2001 144.000.000
2002 148.000.000 2.7%
2003 218.000.000 32.11%
2004 208.000.000 -4.81%
2005 293.000.000 29.01%
2006 332.000.000 11.75%
2007 383.000.000 13.32%
2008 485.000.000 21.03%
2009 535.000.000 9.35%
2010 552.000.000 3.08%
2011 604.000.000 8.61%
2012 715.000.000 15.52%
2013 866.000.000 17.44%
2014 952.000.000 9.03%
2015 1.065.000.000 10.61%
2016 1.018.000.000 -4.62%
2017 1.095.000.000 7.03%
2018 1.592.000.000 31.22%
2019 1.657.000.000 3.92%
2020 1.486.000.000 -11.51%
2021 1.372.000.000 -8.31%
2022 1.418.000.000 3.24%
2023 1.292.000.000 -9.75%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Elekta AB (publ) General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 315.000.000
2002 285.000.000 -10.53%
2003 291.000.000 2.06%
2004 -120.000.000 342.5%
2005 -210.000.000 42.86%
2006 -190.000.000 -10.53%
2007 498.000.000 138.15%
2008 642.000.000 22.43%
2009 708.000.000 9.32%
2010 749.000.000 5.47%
2011 754.000.000 0.66%
2012 878.000.000 14.12%
2013 918.000.000 4.36%
2014 1.048.000.000 12.4%
2015 1.026.000.000 -2.14%
2016 928.000.000 -10.56%
2017 948.000.000 2.11%
2018 1.039.000.000 8.76%
2019 1.093.000.000 4.94%
2020 1.086.000.000 -0.64%
2021 1.173.000.000 7.42%
2022 1.398.000.000 16.09%
2023 1.372.000.000 -1.9%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Elekta AB (publ) EBITDA
Year EBITDA Growth
2001 253.000.000
2002 373.000.000 32.17%
2003 367.000.000 -1.63%
2004 474.000.000 22.57%
2005 674.000.000 29.67%
2006 714.000.000 5.6%
2007 794.000.000 10.08%
2008 1.089.000.000 27.09%
2009 1.471.000.000 25.97%
2010 1.763.000.000 16.56%
2011 2.191.000.000 19.53%
2012 2.418.000.000 9.39%
2013 2.279.000.000 -6.1%
2014 1.448.000.000 -57.39%
2015 1.661.000.000 12.82%
2016 1.722.000.000 3.54%
2017 2.226.000.000 22.64%
2018 2.684.000.000 17.06%
2019 2.943.000.000 8.8%
2020 3.067.000.000 4.04%
2021 2.688.000.000 -14.1%
2022 2.486.000.000 -8.13%
2023 3.428.000.000 27.48%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Elekta AB (publ) Gross Profit
Year Gross Profit Growth
2001 1.040.000.000
2002 1.023.000.000 -1.66%
2003 1.117.000.000 8.42%
2004 1.250.000.000 10.64%
2005 1.902.000.000 34.28%
2006 1.942.000.000 2.06%
2007 2.182.000.000 11%
2008 3.031.000.000 28.01%
2009 3.406.000.000 11.01%
2010 3.667.000.000 7.12%
2011 4.217.000.000 13.04%
2012 4.782.000.000 11.82%
2013 4.647.000.000 -2.91%
2014 4.306.000.000 -7.92%
2015 4.613.000.000 6.66%
2016 4.427.000.000 -4.2%
2017 4.749.000.000 6.78%
2018 5.680.000.000 16.39%
2019 6.137.000.000 7.45%
2020 5.610.000.000 -9.39%
2021 5.437.000.000 -3.18%
2022 6.349.000.000 14.36%
2023 6.780.000.000 6.36%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Elekta AB (publ) Net Profit
Year Net Profit Growth
2001 145.000.000
2002 234.000.000 38.03%
2003 248.000.000 5.65%
2004 253.000.000 1.98%
2005 304.000.000 16.78%
2006 348.000.000 12.64%
2007 406.000.000 14.29%
2008 546.000.000 25.64%
2009 833.000.000 34.45%
2010 1.031.000.000 19.2%
2011 1.227.000.000 15.97%
2012 1.340.000.000 8.43%
2013 1.148.000.000 -16.72%
2014 552.000.000 -107.97%
2015 137.000.000 -302.92%
2016 125.000.000 -9.6%
2017 1.099.000.000 88.63%
2018 1.198.000.000 8.26%
2019 1.084.000.000 -10.52%
2020 1.254.000.000 13.56%
2021 1.154.000.000 -8.67%
2022 943.000.000 -22.38%
2023 1.376.000.000 31.47%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Elekta AB (publ) Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 0
2002 1 0%
2003 1 0%
2004 1 0%
2005 1 0%
2006 1 0%
2007 1 100%
2008 2 0%
2009 2 50%
2010 3 0%
2011 3 33.33%
2012 4 0%
2013 3 0%
2014 1 -200%
2015 0 0%
2016 0 0%
2017 3 100%
2018 3 33.33%
2019 3 -50%
2020 3 33.33%
2021 3 0%
2022 2 -50%
2023 4 33.33%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Elekta AB (publ) Free Cashflow
Year Free Cashflow Growth
2001 35.000.000
2002 178.000.000 80.34%
2003 357.000.000 50.14%
2004 339.000.000 -5.31%
2005 341.000.000 0.59%
2006 24.000.000 -1320.83%
2007 263.000.000 90.87%
2008 740.000.000 64.46%
2009 959.000.000 22.84%
2010 741.000.000 -29.42%
2011 503.000.000 -47.32%
2012 1.326.000.000 62.07%
2013 549.000.000 -141.53%
2014 841.000.000 34.72%
2015 387.000.000 -117.31%
2016 1.045.000.000 62.97%
2017 1.550.000.000 32.58%
2018 962.000.000 -61.12%
2019 252.000.000 -281.75%
2020 1.706.000.000 85.23%
2021 450.000.000 -279.11%
2022 400.000.000 -12.5%
2023 211.000.000 -89.57%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Elekta AB (publ) Operating Cashflow
Year Operating Cashflow Growth
2001 67.000.000
2002 215.000.000 68.84%
2003 448.000.000 52.01%
2004 408.000.000 -9.8%
2005 498.000.000 18.07%
2006 150.000.000 -232%
2007 319.000.000 52.98%
2008 740.000.000 56.89%
2009 1.056.000.000 29.92%
2010 840.000.000 -25.71%
2011 635.000.000 -32.28%
2012 1.870.000.000 66.04%
2013 1.275.000.000 -46.67%
2014 1.823.000.000 30.06%
2015 1.170.000.000 -55.81%
2016 1.819.000.000 35.68%
2017 2.404.000.000 24.33%
2018 1.621.000.000 -48.3%
2019 1.014.000.000 -59.86%
2020 2.551.000.000 60.25%
2021 1.858.000.000 -37.3%
2022 1.964.000.000 5.4%
2023 623.000.000 -215.25%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Elekta AB (publ) Capital Expenditure
Year Capital Expenditure Growth
2001 32.000.000
2002 37.000.000 13.51%
2003 91.000.000 59.34%
2004 69.000.000 -31.88%
2005 157.000.000 56.05%
2006 126.000.000 -24.6%
2007 56.000.000 -125%
2008 0 0%
2009 97.000.000 100%
2010 99.000.000 2.02%
2011 132.000.000 25%
2012 544.000.000 75.74%
2013 726.000.000 25.07%
2014 982.000.000 26.07%
2015 783.000.000 -25.42%
2016 774.000.000 -1.16%
2017 854.000.000 9.37%
2018 659.000.000 -29.59%
2019 762.000.000 13.52%
2020 845.000.000 9.82%
2021 1.408.000.000 39.99%
2022 1.564.000.000 9.97%
2023 412.000.000 -279.61%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Elekta AB (publ) Equity
Year Equity Growth
2001 1.266.000.000
2002 1.445.000.000 12.39%
2003 1.413.000.000 -2.26%
2004 1.694.000.000 16.59%
2005 1.868.000.000 9.31%
2006 1.857.000.000 -0.59%
2007 1.804.000.000 -2.94%
2008 2.543.000.000 29.06%
2009 3.243.000.000 21.58%
2010 3.832.000.000 15.37%
2011 4.999.000.000 23.34%
2012 5.547.000.000 9.88%
2013 6.249.000.000 11.23%
2014 6.637.000.000 5.85%
2015 6.402.000.000 -3.67%
2016 6.775.000.000 5.51%
2017 7.976.000.000 15.06%
2018 7.779.000.000 -2.53%
2019 8.113.000.000 4.12%
2020 8.195.000.000 1%
2021 8.915.000.000 8.08%
2022 9.733.000.000 8.4%
2023 10.369.000.000 6.13%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Elekta AB (publ) Assets
Year Assets Growth
2001 2.536.000.000
2002 2.962.000.000 14.38%
2003 3.076.000.000 3.71%
2004 4.499.000.000 31.63%
2005 5.284.000.000 14.86%
2006 5.356.000.000 1.34%
2007 6.322.000.000 15.28%
2008 7.951.000.000 20.49%
2009 8.515.000.000 6.62%
2010 8.962.000.000 4.99%
2011 15.235.000.000 41.17%
2012 16.307.000.000 6.57%
2013 17.892.000.000 8.86%
2014 21.184.000.000 15.54%
2015 19.441.000.000 -8.97%
2016 20.950.000.000 7.2%
2017 22.457.000.000 6.71%
2018 24.064.000.000 6.68%
2019 28.411.000.000 15.3%
2020 24.844.000.000 -14.36%
2021 26.303.000.000 5.55%
2022 29.608.000.000 11.16%
2023 31.614.000.000 6.35%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Elekta AB (publ) Liabilities
Year Liabilities Growth
2001 1.258.000.000
2002 1.517.000.000 17.07%
2003 1.663.000.000 8.78%
2004 2.805.000.000 40.71%
2005 3.416.000.000 17.89%
2006 3.493.000.000 2.2%
2007 4.500.000.000 22.38%
2008 5.396.000.000 16.6%
2009 5.271.000.000 -2.37%
2010 5.129.000.000 -2.77%
2011 10.225.000.000 49.84%
2012 10.747.000.000 4.86%
2013 11.635.000.000 7.63%
2014 14.539.000.000 19.97%
2015 13.029.000.000 -11.59%
2016 14.175.000.000 8.08%
2017 14.481.000.000 2.11%
2018 16.285.000.000 11.08%
2019 20.298.000.000 19.77%
2020 16.649.000.000 -21.92%
2021 17.388.000.000 4.25%
2022 19.875.000.000 12.51%
2023 21.245.000.000 6.45%

Elekta AB (publ) Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
47.18
Net Income per Share
3.52
Price to Earning Ratio
22.83x
Price To Sales Ratio
1.74x
POCF Ratio
13.41
PFCF Ratio
43.32
Price to Book Ratio
2.96
EV to Sales
2.01
EV Over EBITDA
12.05
EV to Operating CashFlow
15.86
EV to FreeCashFlow
50.21
Earnings Yield
0.04
FreeCashFlow Yield
0.02
Market Cap
31,32 Bil.
Enterprise Value
36,30 Bil.
Graham Number
46.34
Graham NetNet
-27.79

Income Statement Metrics

Net Income per Share
3.52
Income Quality
1.34
ROE
0.13
Return On Assets
0.05
Return On Capital Employed
0.13
Net Income per EBT
0.78
EBT Per Ebit
0.77
Ebit per Revenue
0.13
Effective Tax Rate
0.21

Margins

Sales, General, & Administrative to Revenue
0.08
Research & Developement to Revenue
0.08
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.38
Operating Profit Margin
0.13
Pretax Profit Margin
0.1
Net Profit Margin
0.08

Dividends

Dividend Yield
0.03
Dividend Yield %
2.99
Payout Ratio
0.68
Dividend Per Share
2.4

Operating Metrics

Operating Cashflow per Share
5.99
Free CashFlow per Share
1.89
Capex to Operating CashFlow
-0.68
Capex to Revenue
-0.09
Capex to Depreciation
-1.44
Return on Invested Capital
0.09
Return on Tangible Assets
0.07
Days Sales Outstanding
185.18
Days Payables Outstanding
56.31
Days of Inventory on Hand
124.54
Receivables Turnover
1.97
Payables Turnover
6.48
Inventory Turnover
2.93
Capex per Share
-4.1

Balance Sheet

Cash per Share
4,89
Book Value per Share
27,13
Tangible Book Value per Share
27.14
Shareholders Equity per Share
27.13
Interest Debt per Share
17.92
Debt to Equity
0.66
Debt to Assets
0.22
Net Debt to EBITDA
1.65
Current Ratio
1.07
Tangible Asset Value
-2,72 Bil.
Net Current Asset Value
-6,43 Bil.
Invested Capital
0.66
Working Capital
1,02 Bil.
Intangibles to Total Assets
0.41
Average Receivables
7,84 Bil.
Average Payables
1,71 Bil.
Average Inventory
3769000000
Debt to Market Cap
0.22

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Elekta AB (publ) Dividends
Year Dividends Growth
2005 7
2006 1 -500%
2007 1 0%
2008 2 0%
2009 2 50%
2010 3 33.33%
2011 4 25%
2012 5 20%
2013 1 0%
2014 1 0%
2015 1 0%
2016 0 0%
2017 1 0%
2018 1 100%
2019 2 0%
2020 2 0%
2021 2 50%
2022 2 0%
2023 2 0%
2024 0 0%

Elekta AB (publ) Profile

About Elekta AB (publ)

Elekta AB (publ), a medical technology company, provides clinical solutions for treating cancer and brain disorders worldwide. The company offers Versa HD, a brain metastases solution; Elekta Unity, a MR-Linac technology; Elekta Harmony, a linear accelerator; Elekta Infinity for treating a range of patients with simple-to-complex radiotherapy needs; Elekta Synergy, a digital accelerator for advanced image-guided radiation therapy; treatment management solutions; automated and integrated quality assurance solutions; and hardware and software motion management technology. It also provides MOSAIQ Plaza for multidisciplinary cancer care; Elekta Axis Cloud, a managed hosting service; Elekta Studio, an image-guided brachytherapy solution; ImagingRing, a mobile CT scanner; Oncentra Brachy, a smart tool that facilitate repetitive tasks; Venezia applicator that enables the radiation oncologist to treat locally advanced cervical cancer; Elekta Flexitron afterloader for enabling the precise execution of all steps in the workflow; and Geneva, an applicator for cervical cancer treatment. In addition, the company offers Leksell Gamma Knife Icon for personalized radiation treatment; Leksell Gamma Knife Perfexion, a tool for neurosurgeons; Leksell Gamma Knife Lightning for accelerated radiosurgery. Further, it provides neurosurgery products comprising Leksell Vantage Stereotactic System for intracranial neurosurgery; and Leksell Stereotactic System or minimally invasive stereotactic neurosurgery. The company was incorporated in 1972 and is headquartered in Stockholm, Sweden.

CEO
Mr. Gustaf Salford
Employee
4.584
Address
Kungstensgatan 18
Stockholm, 103 93

Elekta AB (publ) Executives & BODs

Elekta AB (publ) Executives & BODs
# Name Age
1 Mr. Maurits Wolleswinkel
President of Linac & Software Solutions
70
2 Mr. Peter Nyquist
Head of Investor Relations
70
3 Mr. Jonas Bolander
Executive Vice President of Group Functions, Secretary & General Counsel
70
4 Mr. John Lapré
President of Brachy & Neuro Solutions
70
5 Mr. Mattias Thorsson
Vice President and Head of Corporate Communications & Public Affairs
70
6 Ms. Anna Conneryd Lundgren
Executive Vice President & Chief People Officer
70
7 Dr. Laurent Leksell
Founder & Chairman
70
8 Mr. Gustaf Salford
President & Chief Executive Officer
70
9 Mr. Tobias Hagglov
Chief Financial Officer
70
10 Mr. Habib Nehme
Chief Commercial Officer
70

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