BeammWave AB (publ) (BEAMMW-B.ST) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-82.3%

SEK 2.96

vs SEK 16.70 price

Levered DCF

SEK 1.45

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

69.07

Safe zone

Rating

C-

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	-11.21×	-4.22×	-8.36×	-10.1×	-35.14×	-35.14×	-8,200×
P/B	2.09×	1.24×	3.3×	2.24×	5.08×	4.95×	147.01×
P/S	107.31×	90.24×	261.67×	0×	0×	0×	0×
EV / EBITDA	-6.77×	-2.55×	-7.14×	-6.7×	-29.62×	-31.24×	-94.18×
Gross margin	-1199.4%	-17.2%	-7.9%	0.0%	0.0%	0.0%	0.0%
Operating margin	-1199.4%	-2176.5%	-3255.0%	0.0%	0.0%	0.0%	0.0%
Net margin	-956.5%	-2143.2%	-3134.2%	0.0%	0.0%	0.0%	0.0%
Current ratio	32.9×	4.11×	2.91×	12.73×	13×	11.82×	0.73×
Debt / equity	0×	0×	0×	0×	0×	0×	0×
Interest coverage	-740.48×	-11,601×	-88,197.28×	-537,283.33×	-138,617.17×	0×	0×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-18.7%	-29.4%	-39.6%	-22.1%	-14.3%	-14.1%	-1.7%
Return on invested capital	-22.7%	-29.9%	-41.1%	-22.6%	-14.3%	-27.7%	-153.7%
Return on assets	-17.8%	-26.2%	-33.6%	-20.8%	-13.5%	-13.3%	-0.4%
Free cash flow yield	-9.8%	-23.4%	-17.4%	-17.1%	-4.5%	0.0%	0.0%
Earnings yield	-8.9%	-23.7%	-12.0%	-9.9%	-2.8%	-2.8%	-0.0%
Enterprise value	SEK 198.4M	SEK 58.1M	SEK 144M	SEK 105.4M	SEK 143.6M	SEK 25.7M	SEK 28.6M
Net debt / EBITDA	2.72×	1.67×	1.23×	3.44×	5.84×	4.02×	1.46×
Cash conversion cycle (days)	416	-419	-1,257	-125,440	287	0	0