Company Valuation: AddTech AB

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 49,044 51,837 65,762 79,013 85,738 92,205 - -
Change - 5.7% 26.86% 20.15% 8.51% 7.54% - -
Enterprise Value (EV) 1 52,791 55,944 70,189 84,031 91,396 96,427 94,416 92,352
Change - 5.97% 25.46% 19.72% 8.77% 5.5% -2.09% -2.19%
P/E 46.1x 34.6x 40.3x 41.8x 39.9x 37x 32.8x 30x
PBR 12.5x 9.99x 11x 11.9x 11x 9.7x 8.2x 7.02x
PEG - 0.9x 4.47x 2.7x 2.9x 2.3x 2.5x 3.25x
Capitalization / Revenue 3.49x 2.77x 3.28x 3.63x 3.78x 3.71x 3.45x 3.23x
EV / Revenue 3.76x 2.99x 3.51x 3.86x 4.03x 3.88x 3.53x 3.24x
EV / EBITDA 25.4x 19.5x 21.6x 22.8x 22.3x 21x 18.8x 17x
EV / EBIT 35.2x 25.8x 28.9x 30.5x 29.6x 27.5x 24.2x 21.9x
EV / FCF 52.5x 32.4x 29.3x 33.4x 32.4x 34.2x 28.5x 25.7x
FCF Yield 1.9% 3.09% 3.41% 2.99% 3.09% 2.92% 3.51% 3.9%
Dividend per Share 2 1.8 2.5 2.8 3.2 3.6 3.877 4.305 4.681
Rate of return 0.99% 1.3% 1.15% 1.09% 1.13% 1.14% 1.26% 1.37%
EPS 2 3.95 5.55 6.05 7 7.95 9.229 10.42 11.38
Distribution rate 45.6% 45% 46.3% 45.7% 45.3% 42% 41.3% 41.1%
Net sales 1 14,038 18,714 20,019 21,796 22,703 24,881 26,721 28,532
EBITDA 1 2,077 2,872 3,245 3,692 4,100 4,597 5,028 5,429
EBIT 1 1,501 2,167 2,426 2,757 3,085 3,506 3,901 4,224
Net income 1 1,074 1,495 1,632 1,892 2,147 2,497 2,820 3,074
Net Debt 1 3,747 4,107 4,427 5,018 5,658 4,222 2,211 146.9
Reference price 2 182.00 192.30 243.80 292.80 317.60 341.40 341.40 341.40
Nbr of stocks (in thousands) 269,474 269,565 269,737 269,852 269,957 270,079 - -
Announcement Date 5/17/22 A 5/17/23 A 5/16/24 A 5/15/25 A 5/20/26 A - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.99x3.88x20.98x1.14% 9.3B
14.82x1x15.65x2.56% 113B
15.67x1.2x14.99x2.02% 97.09B
14.21x1.27x19.68x2.76% 91.35B
12.78x1.52x16.48x2.31% 54.14B
12.96x1.19x19.51x2.44% 50.82B
16.07x0.64x9.85x1.74% 44.39B
22.18x1.23x11.39x0.86% 43.23B
60.1x3.31x21.61x0.03% 41.17B
18.07x0.89x9.18x2.97% 11.22B
Average 22.39x 1.61x 15.93x 1.88% 55.58B
Weighted average by Cap. 18.96x 1.35x 16.24x 2.06%

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