Green Landscaping Group AB (publ) (GREEN.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

+8841.0%

SEK 1,398.38

vs SEK 15.64 price

Levered DCF

SEK 745.41

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

1.56

Distress zone

Rating

B+

Overall 3 / 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	20.22×	20.23×	18.26×	18.57×	47.83×	44.67×	193.68×	-161.06×
P/B	1.54×	2.38×	2.66×	2.63×	4.91×	3.59×	6.38×	4.46×
P/S	0.42×	0.63×	0.68×	0.71×	1.4×	0.8×	0.71×	0.77×
EV / EBITDA	7.62×	8.04×	7.71×	9.32×	15.55×	11.62×	12.66×	26×
Gross margin	56.1%	55.4%	55.0%	53.0%	55.6%	57.8%	56.9%	50.1%
Operating margin	4.1%	6.1%	6.8%	6.4%	5.0%	3.7%	2.7%	0.3%
Net margin	2.1%	3.1%	3.7%	3.8%	2.9%	1.8%	0.4%	-0.5%
Current ratio	1.75×	1.58×	1.41×	1.37×	1.31×	0.9×	0.94×	1.14×
Debt / equity	1.87×	1.73×	1.62×	1.75×	1.55×	1.9×	3.35×	3.14×
Interest coverage	1.79×	2.46×	3.08×	4.34×	4.54×	3.29×	2.72×	0.23×
Dividend yield	0.1%	0.2%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	1.6%	3.1%	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	FY2018
Return on equity	7.6%	11.8%	14.6%	14.1%	10.3%	8.0%	3.3%	-2.8%
Return on invested capital	3.5%	5.6%	6.9%	5.8%	4.8%	3.9%	4.0%	0.2%
Return on assets	2.1%	3.2%	4.0%	3.7%	2.9%	1.9%	0.5%	-0.4%
Free cash flow yield	8.3%	11.9%	7.1%	9.6%	3.0%	7.6%	4.8%	-5.4%
Earnings yield	4.9%	4.9%	5.5%	5.4%	2.1%	2.2%	0.5%	-0.6%
Enterprise value	SEK 5.1B	SEK 6.2B	SEK 5.9B	SEK 5.2B	SEK 5.4B	SEK 2.5B	SEK 2.1B	SEK 1.4B
Net debt / EBITDA	3.75×	2.86×	2.57×	3.21×	2.97×	3.74×	4.18×	9.72×
Cash conversion cycle (days)	51	44	43	41	37	14	13	27