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ICA Gruppen

ICA Gruppen's net profit rose 20.3% yoy to SEK 972 mil in 1Q2020

By Helgi Library - August 10, 2020

ICA Gruppen made a net profit of SEK 972 mil with revenues of SEK 30,366 mil in 1Q2020, up by 20.3% and up by 8.07%, ...

ICA Gruppen's Total Cash From Operations rose 47.3% yoy to SEK 2,289 mil in 1Q2020

By Helgi Library - August 10, 2020

ICA Gruppen's operating cash flow stood at SEK 2,289 mil in 1Q2020, up 47.3% when compared to the previous year. Histori...

ICA Gruppen's Sales rose 8.07% yoy to SEK 30,366 mil in 1Q2020

By Helgi Library - August 10, 2020

ICA Gruppen generated sales of SEK 30,366 mil in 1Q2020, up 8.07% compared to the previous year. Historically, between ...

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ICA's Cash & Cash Equivalents remain unchanged yoy at SEK mil in 1Q2020

By Helgi Library - October 12, 2020

ICA Gruppen's total assets reached SEK 103,368 mil at the end of 1Q2020, up 5.03% compared to the previous year. Current assets amounted to SEK 22,283 mil, or 21.6% of total assets while cash stood at SEK 5,801 mil at the end of 1Q2020. ...

ICA Gruppen's net profit fell 1.69% yoy to SEK 3,432 mil in 2019

By Helgi Library - August 11, 2020

ICA Gruppen made a net profit of SEK 3,432 mil with revenues of SEK 119,295 mil in 2019, down by 1.69% and up by 3.42%, respectively, compared to the previous year. This translates into a net margin of 2.88%. Historically, between 2004 - 2019, th...

ICA Gruppen's employees rose 3.83% yoy to 23,125 in 2019

By Helgi Library - August 11, 2020

ICA Gruppen employed 23,125 employees in 2019, up 3.83% compared to the previous year. Historically, between 2006 and 2019, the firm's workforce hit a high of 23,125 employees in 2019 and a low of 11,698 employees in 2006. Average personnel cost stoo...

ICA Gruppen's price/earnings (P/E) rose 45.0% yoy to 25.3 in 2019

By Helgi Library - August 11, 2020

ICA Gruppen stock traded at SEK 431 per share at the end 2019 translating into a market capitalization of USD 9,405 mil. Since the end of 2014, stock has appreciated by 69.8% representing an annual average growth of 11.2%. In absolute terms, the value o...

ICA Gruppen's Share Price rose 42.6% yoy to SEK 431 in 2019

By Helgi Library - August 11, 2020

ICA Gruppen stock traded at SEK 431 per share at the end 2019 implying a market capitalization of USD 9,405 mil. Since the end of 2014, stock has appreciated by 69.8% implying an annual average growth of 11.2% In absolute terms, the value of the company ...

ICA Gruppen's Capital Expenditures rose 5.74% yoy to SEK 3,021 mil in 2019

By Helgi Library - August 11, 2020

ICA Gruppen invested a total of SEK 3,021 mil in 2019, down 5.74% compared to the previous year. Historically, between 2009 - 2019, the company's investments stood at a high of SEK 3,205 mil in 2018 and a low of SEK 24.0 mil in 2011. ...

ICA Gruppen's P/FCF rose 37.9% yoy to 13.6 in 2019

By Helgi Library - August 11, 2020

ICA Gruppen stock traded at SEK 431 per share at the end 2019 translating into a market capitalization of USD 9,405 mil. Since the end of 2014, the stock has appreciated by 69.8% representing an annual average growth of 11.2%. At the end of 2019, the fir...

ICA Gruppen's Net Debt/EBITDA fell 25.6% yoy to 1.41 in 2019

By Helgi Library - August 11, 2020

ICA Gruppen's net debt stood at SEK 14,291 mil and accounted for 42.2% of equity at the end of 2019. The ratio is down 13.8 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of 56.1% in 2018 and a low of...

ICA Gruppen's ROCE fell 15.0% yoy to 4.75% in 2019

By Helgi Library - August 11, 2020

ICA Gruppen made a net profit of SEK 3,432 mil in 2019, down 1.69% compared to the previous year. Historically, between 2004 and 2019, the company's net profit reached a high of SEK 9,439 mil in 2013 and a low of SEK -303 mil in 2010. The result implies a...

ICA Gruppen's Net Margin fell 4.94% yoy to 2.88% in 2019

By Helgi Library - August 11, 2020

ICA Gruppen made a net profit of SEK 3,432 mil with revenues of SEK 119,295 mil in 2019, down by 1.69% and up by 3.42%, respectively, compared to the previous year. This translates into a net margin of 2.88%. Historically, between 2004 and 2019, the...

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ICA Gruppen (formerly Hakon Invest), is a Sweden-based company, which is primarily engaged in the food retail sector. The Group includes ICA Sweden and Rimi Baltic, which mainly conduct grocery retail; ICA Real Estate, which owns and manages properties; ICA Bank, which offers financial services, and Apotek Hjartat, which conducts pharmacy operations. The Group also includes two portfolio companies, Hemtex and inkClub. ICA Sweden operates in cooperation with independent retailers, who manage their own stores and have agreements with ICA Sweden in various areas, such as coordinated purchase, logistics, marketing communications and development. Rimi Baltic operates a chain of grocery stores in Estonia, Latvia and Lithuania through the store formats Rimi Hypermarket, Rimi Supermarket, Supernetto and Saastumarket.

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Finance

ICA Gruppen has been growing its sales by 6.47% a year on average in the last 5 years. EBITDA has grown on average by 10.2% a year during that time to total of SEK 10,119 mil in 2019, or 8.48% of sales. That’s compared to 6.99% average margin seen in last five years.

The company netted SEK 3,432 mil in 2019 implying ROE of 10.3% and ROCE of 4.75%. Again, the average figures were 12.7% and 6.88%, respectively when looking at the previous 5 years.

ICA Gruppen’s net debt amounted to SEK 14,291 mil at the end of 2019, or 42.2% of equity. When compared to EBITDA, net debt was 1.41x, up when compared to average of 1.23x seen in the last 5 years.

Valuation

ICA Gruppen stock traded at SEK 431 per share at the end of 2019 resulting in a market capitalization of USD 9,405 mil. Over the previous five years, stock price grew by 69.8% or 11.2% a year on average. The closing price put stock at a 12-month trailing EV/EBITDA of 9.86x and price to earnings (PE) of 25.3x as of 2019.

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