Company Valuation: BTS Group AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,793 5,638 5,741 5,101 2,847 3,577 - -
Change - -27.66% 1.84% -11.15% -44.18% 25.61% - -
Enterprise Value (EV) 1 7,340 5,061 5,209 4,819 2,801 3,435 3,295 3,169
Change - -31.05% 2.93% -7.48% -41.87% 22.61% -4.08% -3.82%
P/E 36.3x 28.4x 26.7x 13.2x 21.3x 29.4x 15.9x 13.9x
PBR 7.94x 4.64x 4.41x 3.06x 1.97x 2.5x 2.26x 2.08x
PEG - -3.63x 3.25x 0.2x -0.3x -3.27x 0.2x 1x
Capitalization / Revenue 4.07x 2.23x 2.14x 1.82x 1.05x 1.27x 1.18x 1.09x
EV / Revenue 3.83x 2x 1.94x 1.72x 1.04x 1.22x 1.09x 0.96x
EV / EBITDA 20.4x 12.1x 12.3x 11x 8.16x 8.53x 6.94x 6.04x
EV / EBIT 28.7x 16.7x 18.1x 16.2x 14x 13.2x 10x 8.48x
EV / FCF 56.4x 28.4x 86.4x 24.4x 18.1x 28.3x 13.2x 11.2x
FCF Yield 1.77% 3.52% 1.16% 4.1% 5.51% 3.53% 7.59% 8.94%
Dividend per Share 2 4.8 5.4 5.7 6.1 4.4 3.987 6.207 7.043
Rate of return 1.19% 1.86% 1.93% 2.32% 3% 2.16% 3.37% 3.82%
EPS 2 11.11 10.24 11.08 19.95 6.89 6.27 11.62 13.26
Distribution rate 43.2% 52.7% 51.4% 30.6% 63.9% 63.6% 53.4% 53.1%
Net sales 1 1,917 2,530 2,683 2,802 2,703 2,809 3,036 3,284
EBITDA 1 359.5 419.9 421.9 439 343.2 402.7 475 524.7
EBIT 1 256 303.3 288 298 200 261 329.3 373.7
Net income 1 214.7 198 214.8 387 133.6 121.7 225.3 257.3
Net Debt 1 -453.2 -577.1 -532.3 -282 -46.14 -142 -282 -408
Reference price 2 403.00 291.00 296.00 263.00 146.80 184.40 184.40 184.40
Nbr of stocks (in thousands) 19,338 19,374 19,397 19,397 19,397 19,397 - -
Announcement Date 2/23/22 A 2/24/23 A 2/22/24 A 2/26/25 A 2/20/26 A - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.41x1.22x8.53x2.16% 375M
33.14x5.31x18.12x-.--% 1.91B
36.66x - - - 1.22B
8.17x0.91x2.47x9.09% 1.12B
16.77x - - 5.3% 990M
32.58x - - - 812M
Average 26.12x 2.48x 9.71x 4.14% 1.07B
Weighted average by Cap. 26.64x 3.41x 11.91x 3.7%

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

  1. Stock Market
  2. Stocks
  3. BTS B Stock
  4. Valuation BTS Group AB