Logistea AB (publ) (LOGI-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

+1433.2%

SEK 211.27

vs SEK 13.78 price

Levered DCF

SEK 114.17

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

0.64

Distress zone

Rating

A-

Overall 4 / 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	9.08×	23.49×	-281.53×	4.23×	8.26×	31.09×	-5.65×	-4.96×
P/B	0.9×	1.14×	0.84×	0.72×	2.5×	3.18×	3.28×	3.5×
P/S	6.55×	11.04×	6.06×	5.23×	28.17×	8.26×	1.6×	0.77×
EV / EBITDA	10.5×	27.02×	28.37×	7.76×	9.74×	21.8×	-10.58×	-5.7×
Gross margin	90.1%	84.1%	74.4%	72.4%	69.9%	54.6%	46.5%	53.7%
Operating margin	80.9%	73.7%	64.7%	189.1%	449.5%	14.4%	-26.4%	-17.6%
Net margin	72.1%	46.7%	-2.4%	123.7%	323.7%	1.1%	-28.4%	-15.5%
Current ratio	0.75×	0.29×	0.09×	0.65×	1.16×	0.41×	1.35×	1.73×
Debt / equity	1.04×	0.99×	0.93×	1.4×	1.61×	0.98×	1.03×	0.33×
Interest coverage	2.34×	1.43×	1.88×	6.08×	19×	3.27×	-13.06×	-49.38×
Dividend yield	0.7%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	6.3%	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	FY2018
Return on equity	9.9%	4.8%	-0.3%	17.1%	28.7%	0.4%	-58.1%	-70.7%
Return on invested capital	3.8%	2.7%	-4.4%	8.0%	11.8%	0.3%	-25.8%	-52.0%
Return on assets	4.5%	2.2%	-0.2%	6.6%	10.3%	0.2%	-23.3%	-32.9%
Free cash flow yield	6.4%	2.7%	5.2%	5.2%	-0.2%	-4.1%	-3.5%	-11.9%
Earnings yield	11.0%	4.2%	-0.4%	23.7%	11.5%	0.1%	-17.7%	-20.2%
Enterprise value	SEK 14.8B	SEK 14.2B	SEK 4.7B	SEK 3.9B	SEK 4.1B	SEK 1.9B	SEK 547.5M	SEK 273.2M
Net debt / EBITDA	5.46×	12.17×	14.81×	5.09×	3.5×	4.62×	-2.3×	-0.17×
Cash conversion cycle (days)	-59	-28	-74	-20	-88	53	73	-26