Company Valuation: Netel Holding AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,139 1,633 713.1 644.2 241.1 157.7 - -
Change - -23.67% -56.32% -9.66% -62.58% -34.61% - -
Enterprise Value (EV) 1 2,457 2,355 1,323 1,389 1,159 919.7 870.7 817.7
Change - -4.16% -43.81% 5% -16.57% -20.66% -5.33% -6.09%
P/E 32.4x 13.1x 16.2x -13.8x -2.05x -13.5x 4.58x 3.16x
PBR 2.38x 1.48x 0.63x 0.59x 0.25x 0.16x 0.16x 0.15x
PEG - 0.2x -0.2x 0x -0x 0.1x -0x 0.1x
Capitalization / Revenue 0.88x 0.52x 0.21x 0.18x 0.08x 0.05x 0.05x 0.05x
EV / Revenue 1.02x 0.75x 0.38x 0.39x 0.4x 0.3x 0.28x 0.25x
EV / EBITDA 11.2x 8.99x 5.61x 5.99x 11.3x 5.44x 4.58x 4.13x
EV / EBIT 14x 12x 8.07x 8.52x 41.4x 9.42x 6.86x 6.1x
EV / FCF -36.7x -7.6x 8.32x 69.5x -17x 20.7x 14.1x 10.4x
FCF Yield -2.73% -13.2% 12% 1.44% -5.87% 4.83% 7.11% 9.58%
Dividend per Share 2 - - - - - - 0.21 0.26
Rate of return - - - - - - 6.46% 8%
EPS 2 1.413 2.59 0.91 -0.96 -2.42 -0.24 0.71 1.03
Distribution rate - - - - - - 29.6% 25.2%
Net sales 1 2,418 3,141 3,459 3,524 2,915 3,053 3,150 3,247
EBITDA 1 220 262 236 232 103 169 190 198
EBIT 1 176 197 164 163 28 97.6 127 134
Net income 1 66 123 44 -47 -117 -11.5 34.3 49.8
Net Debt 1 318 722 610 745 918 762 713 660
Reference price 2 45.800 34.000 14.700 13.280 4.970 3.250 3.250 3.250
Nbr of stocks (in thousands) 46,704 48,022 48,512 48,512 48,512 48,512 - -
Announcement Date 2/16/22 A 2/16/23 A 2/16/24 A 2/7/25 A 2/6/26 A - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-13.54x0.3x5.44x-.--% 16.46M
72.52x3.12x30.51x0.06% 105B
14.3x1.17x6.43x4.1% 81.92B
45.6x5.68x31.52x0.15% 69.14B
27.89x2.1x20.42x1.09% 61.37B
58.89x4.92x31.49x1.44% 49.85B
37.33x0.88x14.65x1.69% 44.1B
31.37x0.63x10.06x1.92% 39.69B
28.65x1.86x17.97x0.17% 37.18B
4.73x0.3x6.28x6.01% 28.14B
Average 30.77x 2.10x 17.48x 1.66% 51.68B
Weighted average by Cap. 40.06x 2.58x 20.58x 1.58%

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

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