Enad Global 7 AB (publ) (EG7.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

+76.3%

SEK 24.68

vs SEK 14.00 price

Levered DCF

SEK 5.99

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

-1.05

Distress zone

Rating

B-

Overall 2 / 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	FY2018
P/E	-0.62×	-6.1×	10.74×	-9.21×	30.97×	-32.62×	-21×	59.62×
P/B	0.78×	0.36×	0.43×	0.63×	0.65×	1.54×	2.36×	7.67×
P/S	0.74×	0.75×	0.8×	1.32×	1.47×	7.88×	3.89×	3.22×
EV / EBITDA	9.15×	2.53×	2.61×	4.68×	4.55×	42.67×	74.26×	31.47×
Gross margin	-126.8%	80.9%	74.5%	75.0%	73.7%	45.0%	74.6%	12.2%
Operating margin	-131.7%	-7.2%	11.7%	-15.5%	6.4%	-14.3%	-11.0%	7.8%
Net margin	-119.0%	-12.3%	7.5%	-14.3%	4.7%	-24.2%	-18.5%	5.4%
Current ratio	1.51×	1.07×	1.36×	1.2×	1.18×	0.96×	1.42×	4.16×
Debt / equity	0.26×	0.02×	0.02×	0.04×	0.1×	0.16×	0.82×	0×
Interest coverage	-70.23×	-3.78×	8.31×	-16.28×	3.32×	-1.51×	-1.45×	0×
Dividend yield	0.0%	2.8%	0.0%	0.0%	0.0%	0.0%	0.0%	0.2%
Payout ratio	0.0%	-16.9%	0.0%	0.0%	0.0%	0.0%	0.0%	14.9%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-126.0%	-5.9%	4.0%	-6.9%	2.1%	-4.7%	-11.2%	12.9%
Return on invested capital	-93.6%	-3.2%	4.1%	-6.0%	2.4%	-2.4%	-2.9%	9.3%
Return on assets	-76.4%	-4.8%	3.2%	-5.4%	1.6%	-3.2%	-4.0%	8.3%
Free cash flow yield	8.1%	-9.5%	11.4%	7.1%	0.1%	-3.7%	-5.4%	-3.9%
Earnings yield	-161.3%	-16.4%	9.3%	-10.8%	3.2%	-3.1%	-4.8%	1.7%
Enterprise value	SEK 1.2B	SEK 1.2B	SEK 1.3B	SEK 2.2B	SEK 3B	SEK 4.3B	SEK 690.6M	SEK 222.2M
Net debt / EBITDA	0.09×	-0.54×	-0.81×	-0.55×	-0.03×	-5.68×	10.84×	-1.84×
Cash conversion cycle (days)	53	21	18	20	14	71	-40	-5