Moment Group AB (MOMENT.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

+2380.1%

SEK 115.57

vs SEK 4.66 price

Levered DCF

SEK 72.78

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

0.83

Distress zone

Rating

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	3.71×	-5.09×	6.39×	5.58×	5.97×	-0.28×	-1.76×	-5.69×
P/B	1.58×	4.14×	3.03×	6.15×	-64.78×	-0.56×	1.12×	1.78×
P/S	0.13×	0.21×	0.27×	0.29×	0.7×	0.18×	0.11×	0.19×
EV / EBITDA	6.43×	8.05×	5.31×	4.77×	4.75×	-5.19×	24.55×	-25.58×
Gross margin	52.4%	52.3%	108.0%	57.7%	56.2%	42.6%	57.6%	50.8%
Operating margin	2.0%	-2.7%	6.4%	7.4%	-4.3%	-49.0%	-2.1%	-3.1%
Net margin	3.6%	-4.1%	4.3%	5.3%	11.8%	-64.3%	-6.5%	-3.3%
Current ratio	0.82×	0.56×	0.83×	0.98×	0.76×	0.18×	0.8×	0.88×
Debt / equity	6.1×	11.03×	5.91×	12.98×	-122.22×	-5.86×	6.37×	1.67×
Interest coverage	0.59×	-0.74×	2.32×	2.76×	-0.76×	-6.27×	-0.78×	-2.93×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	3.2%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-18.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	42.4%	-81.5%	47.4%	109.9%	-1083.5%	199.7%	-63.8%	-31.4%
Return on invested capital	3.1%	-3.5%	9.6%	9.7%	-2.6%	-29.6%	-2.4%	-9.7%
Return on assets	3.9%	-4.5%	4.3%	4.1%	5.2%	-28.8%	-6.1%	-6.3%
Free cash flow yield	44.5%	29.0%	5.3%	32.7%	30.6%	-78.0%	50.9%	-69.3%
Earnings yield	26.8%	-19.7%	15.6%	17.9%	16.7%	-356.9%	-56.7%	-17.6%
Enterprise value	SEK 526.1M	SEK 701.2M	SEK 731.4M	SEK 590.5M	SEK 680.9M	SEK 657.1M	SEK 649.4M	SEK 368.2M
Net debt / EBITDA	4.67×	5.5×	3.25×	2.74×	2.77×	-4.72×	20.43×	-10.99×
Cash conversion cycle (days)	-0	9	373	3	14	-50	-67	-1