Sweden Buyersclub AB (BUY.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

+831.5%

SEK 62.88

vs SEK 6.75 price

Levered DCF

SEK 69.17

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

6.31

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
P/E	-15.64×	-7.11×	-2.36×	-1.38×	-6.23×	-4.28×
P/B	7.5×	6.09×	3.01×	1.76×	5.44×	53×
P/S	0.6×	0.59×	0.44×	0.48×	1.61×	2.63×
EV / EBITDA	60.12×	-19.11×	-3.54×	-1.76×	-7.32×	-5.81×
Gross margin	35.1%	36.3%	42.8%	44.3%	49.3%	47.0%
Operating margin	-2.9%	-7.5%	-17.7%	-31.2%	-30.8%	-55.5%
Net margin	-3.8%	-8.2%	-18.5%	-35.0%	-25.9%	-61.5%
Current ratio	0.7×	0.87×	0.81×	1.59×	1.62×	0.55×
Debt / equity	0.84×	0.88×	0.52×	0.33×	0.61×	2.32×
Interest coverage	-3.21×	-10.17×	-20.28×	-16.12×	-20.65×	-17.77×
Dividend yield	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%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Return on equity	-48.0%	-85.1%	-127.7%	-127.6%	-87.6%	-1239.7%
Return on invested capital	-19.9%	-41.0%	-80.3%	-75.9%	-52.0%	-337.0%
Return on assets	-13.4%	-26.4%	-40.6%	-64.8%	-45.1%	-130.7%
Free cash flow yield	-7.2%	-18.2%	-43.3%	-66.7%	-28.6%	-21.6%
Earnings yield	-6.4%	-14.0%	-42.5%	-72.6%	-16.1%	-23.4%
Enterprise value	SEK 66.6M	SEK 52.6M	SEK 22.9M	SEK 18.4M	SEK 49.2M	SEK 47.5M
Net debt / EBITDA	4.17×	-1.45×	-0×	0.19×	-0.48×	-0.18×
Cash conversion cycle (days)	-4	0	1	15	15	-18