Search companies

Find a company by ticker or name

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
+216.1%
SEK 28.45
vs SEK 9.00 price
Levered DCF
SEK 47.01
After debt service
Piotroski score
8 / 9
Strong
Altman Z-score
3.72
Safe zone
Rating
A
Overall 4 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-180.8×29.93×8.97×15.53×-65.08×2.4×62.05×122.93×
P/B0.58×0.72×1.05×0.73×0.82×0.65×0.42×0.44×
P/S0.39×0.54×0.69×0.5×0.64×0.72×0.45×0.49×
EV / EBITDA3.45×4.13×3.93×3.02×8.34×1.07×18.67×10.09×
Gross margin6.6%70.5%68.1%64.8%63.3%72.2%68.5%68.8%
Operating margin0.7%2.1%9.5%4.0%-0.9%30.8%2.1%1.2%
Net margin-0.2%1.8%7.3%3.2%-1.0%29.9%0.7%0.4%
Current ratio3.83×3.96×2.81×2.89×2.38×3.11×1.89×1.98×
Debt / equity0.03×0.05×0×0×0×0×0.22×0.21×
Interest coverage0.8×4.17×53.62×26.46×-5.56×13.27×2.51×5.16×
Dividend yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Payout ratio0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-0.3%2.4%11.1%4.7%-1.2%27.0%0.7%0.4%
Return on invested capital-0.5%2.4%11.1%4.8%-1.2%27.6%1.0%0.4%
Return on assets-0.2%2.0%8.6%3.7%-1.0%22.2%0.5%0.3%
Free cash flow yield-3.5%12.4%9.4%7.5%-21.1%-21.8%1.9%-31.8%
Earnings yield-0.5%3.3%10.6%6.4%-1.5%41.7%1.6%0.8%
Enterprise valueSEK 66.2MSEK 86.6MSEK 117.4MSEK 67.9MSEK 80MSEK 42.3MSEK 82.8MSEK 78.9M
Net debt / EBITDA-0.67×-0.6×-0.74×-0.8×-1.17×-0.77×6.03×2.49×
Cash conversion cycle (days)112327220206187256260201