Company Valuation: AddTech AB

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 34,999 49,044 51,837 65,762 79,013 82,115 - -
Change - 40.13% 5.7% 26.86% 20.15% 3.93% - -
Enterprise Value (EV) 1 38,133 52,791 55,944 70,189 84,031 87,084 85,679 83,573
Change - 38.44% 5.97% 25.46% 19.72% 3.63% -1.61% -2.46%
P/E ratio 50x 46.1x 34.6x 40.3x 41.8x 40.7x 34.7x 31.2x
PBR 10.9x 12.5x 9.99x 11x 11.9x 10.9x 9.12x 7.71x
PEG - 0.9x 0.9x 4.47x 2.7x 3.3x 2x 2.8x
Capitalization / Revenue 3.09x 3.49x 2.77x 3.28x 3.63x 3.58x 3.27x 3.03x
EV / Revenue 3.36x 3.76x 2.99x 3.51x 3.86x 3.8x 3.41x 3.08x
EV / EBITDA 25.4x 25.4x 19.5x 21.6x 22.8x 21.6x 19.1x 16.2x
EV / EBIT 38.6x 35.2x 25.8x 28.9x 30.5x 28.8x 24.6x 21.8x
EV / FCF 26.8x 52.5x 32.4x 29.3x 33.4x 33.2x 30.4x 26.4x
FCF Yield 3.73% 1.9% 3.09% 3.41% 2.99% 3.01% 3.29% 3.79%
Dividend per Share 2 1.2 1.8 2.5 2.8 3.2 3.4 3.84 4.238
Rate of return 0.92% 0.99% 1.3% 1.15% 1.09% 1.06% 1.2% 1.33%
EPS 2 2.6 3.95 5.55 6.05 7 7.854 9.202 10.24
Distribution rate 46.2% 45.6% 45% 46.3% 45.7% 43.3% 41.7% 41.4%
Net sales 1 11,336 14,038 18,714 20,019 21,796 22,923 25,094 27,132
EBITDA 1 1,501 2,077 2,872 3,245 3,692 4,041 4,490 5,162
EBIT 1 989 1,501 2,167 2,426 2,757 3,023 3,479 3,840
Net income 1 706 1,074 1,495 1,632 1,892 2,125 2,500 2,769
Net Debt 1 3,134 3,747 4,107 4,427 5,018 4,968 3,564 1,458
Reference price 2 130.00 182.00 192.30 243.80 292.80 319.40 319.40 319.40
Nbr of stocks (in thousands) 269,227 269,474 269,565 269,737 269,852 257,093 - -
Announcement Date 5/18/21 A 5/17/22 A 5/17/23 A 5/16/24 A 5/15/25 A - - -
1SEK in Million2SEK
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
40.67x3.8x21.55x1.06% 9.41B
25.54x1.24x22.97x2.23% 116B
18.96x1.35x23.99x2.07% 101B
15.91x1.33x19.29x2.01% 54.92B
12.29x1.39x16.7x2.39% 44.56B
17.7x0.72x11.3x1.92% 42.72B
20.7x1.05x9.75x0.97% 30.32B
42.97x3.37x19.69x0.06% 29.11B
16.07x0.8x8.32x3.41% 9.41B
11.4x0.87x16.78x2.63% 8.3B
Average 22.22x 1.59x 17.03x 1.88% 44.52B
Weighted average by Cap. 21.45x 1.40x 19.43x 1.93%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield