Nordic Waterproofing Holding AB (publ)

Nordic Waterproofing Holding AB (publ)

NWG.ST
Nordic Waterproofing Holding AB (publ)SE flagStockholm Stock Exchange
182.40
SEK
-2.60
- -
4.38BMarket Cap
Nordic Waterproofing Holding AB (publ)
NWG.ST
(Stockholm Stock Exchange)

Recent

price

182.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
149.65
144.45
145.38
74.48
75.28
90.8
111.27
130.58
138.23
153.03
181.3
186.19
170.45
170.46
Revenue per Share
2.4
6.15
6.71
3.54
6.49
5.68
6.32
8.28
10.7
10.8
13.83
8.84
7.12
7.12
Basic EPS, GAAP
3.61
5.32
12.39
5.44
4.47
4.27
5.36
10.53
17.04
5.74
10.65
18.13
8.69
8.69
Free Cash Flow per Basic Share
- -
- -
- -
- -
0.95
3.75
3.75
3.99
- -
9.99
5.99
6.98
5
5
Dividend per Share
47.19
51.8
58.51
32.82
35.27
37.21
39.18
47.42
58.44
58.98
66.7
68.29
70.81
70.81
Book Value per Share
-6.65
-0.55
5.09
6.1
13.76
8.86
5.41
5.21
12.14
11.81
16.43
18.44
22.48
22.48
Tangible Book Value per Share
11
12
12
23
24
24
24
24
24
24
24
24
24
24
Basic Weighted Avg Shares
1,672
1,668
1,679
1,720
1,813
2,187
2,680
3,122
3,303
3,664
4,343
4,463
4,091
4,091
Sales/Revenue/Turnover
4.41
7.54
8.14
6.83
10.69
8.18
7.25
7.58
9.3
9.82
8.94
5.54
5.64
5.64
Operating Margin (%)
20
19
21
22
24
40
62
113
119
140
158
170
- -
- -
Depreciation Expense
27
71
78
82
156
137
152
198
256
259
331
212
171
171
Net Income, GAAP
32.32
22.99
20.11
29.27
19.11
21.01
20.23
15.86
21.04
23.4
19.97
19.49
26.22
26.22
Effective Tax Rate (%)
1.61
4.26
4.62
4.76
8.62
6.26
5.68
6.34
7.74
7.06
7.63
4.75
4.18
4.18
Profit Margin (%)
144
168
196
208
518
409
317
514
821
666
721
705
768
768
Working Capital
404
366
327
250
353
360
416
763
801
852
882
860
858
858
LT Debt
528
599
685
748
964
1,010
1,106
1,210
1,418
1,460
1,754
1,777
1,877
1,877
Total Equity
- -
9.56
10.22
7.51
12.87
10.37
10.09
10.7
11.15
11.62
11.61
6.88
6.01
6.01
Return on Invested Capital (%)
- -
9.3
9.57
9.17
14.9
11.62
11.71
12.61
13.04
11.93
13.99
9.73
6.47
6.47
Return on Capital (%)
- -
12.62
12.17
11.41
19.44
15.69
16.54
19.05
20.21
18.42
22.01
13.11
10.24
10.24
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'24
Sep'24
Dec'24
ST Debt
152
49
62
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
24
24
Market Capitalization
3,872
4,012
4,085

Working Capital

FRC

in mil. unless spec.
Jun'24
Sep'24
Dec'24
Total Current Assets
1,699
1,637
1,400
Cash, Cash Equivalents & STI
155
125
222
Accounts Receivable, Net
652
648
390
Inventories
699
686
640
Total Current Liabilities
999
844
632
Payables & Accruals
- -
- -
- -
ST Debt
152
49
62
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.89%
9.45%
5.63%
Free Cash Flow
18.91%
19.92%
-52.01%
Net Income, GAAP
12.84%
0.61%
-19.39%
Sales/Revenue/Turnover
9.72%
5.94%
-8.34%
Total Cash Common Dividend
- -
- -
-28.27%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
912
1,255
1,132
1,045
4,343
2023
911
1,292
1,212
1,048
4,463
2024
804
1,196
1,168
925
4,091

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
1.65
5.84
4.34
- -
13.83
2023
-0.83
4.34
3.48
1.86
8.84
2024
-1.04
3.7
3.87
0.59
7.12

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
5.99
0.01
- -
5.99
2023
- -
6.99
- -
- -
6.98
2024
- -
5
- -
- -
5
Business
Nordic Waterproofing Holding AB, headquartered in Helsingborg, Sweden, has built a prominent position as a leading provider in the Northern European waterproofing and building solutions market. This entity, with historical roots tracing back to 1889, develops, manufactures, and distributes a comprehensive array of products and services designed for the protection of buildings and critical infrastructure. The company’s operations are structured across two primary segments: Products & Solutions and Installation Services, serving a wide geographical area including Sweden, Finland, Denmark, Norway, Belgium, the Netherlands, Poland, the United Kingdom, Germany, and Latvia. Within its Products & Solutions division, Nordic Waterproofing offers an extensive range of items, including advanced waterproofing membranes for diverse roofing applications, such as bitumen, PVC, EPDM, and TPO materials, alongside essential roofing accessories. The portfolio also features specialized building components like underlayers, moisture barriers, wind barriers, and vapor barriers. Furthermore, the company provides prefabricated elements, including facade, floor, and wall constructions, as well as innovative green infrastructure solutions like sedum mats for roofs and public areas, and vegetation systems for dams and reservoirs. A notable offering also includes solar energy solutions, such as integrated thin-film panels. The Installation Services segment provides complete turnkey installation of waterproofing products, including full roof construction and individual roof installations, coupled with ongoing maintenance services. Nordic Waterproofing is recognized through a strong portfolio of established brands, including Mataki, Trebolit, Phønix Tag Materialer, Kerabit, Byggpartner, SealEco, Distri Pond, Taasinge Elementer, RVT, Veg Tech, Hetag Tagdækning, Hetag Tagmaterialer, and Vesikattopalvelu. The company's business model emphasizes sustainability, offering products and services that contribute to energy and environmental optimization, enhanced durability, and reduced CO2 footprints, catering to a diverse clientele of installers, building contractors, municipal clients, architects, and private customers. In recent developments, Kingspan Group PLC significantly increased its ownership, initiating a mandatory offer in late 2023, ultimately gaining control of 98.14% of Nordic Waterproofing's shares by March 2025. This led to the compulsory redemption of remaining shares and the subsequent delisting of Nordic Waterproofing's shares from Nasdaq Stockholm on March 10, 2025.