Company Valuation: Paradox Interactive AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 18,850 22,412 23,807 21,694 17,174 13,192 - -
Change - 18.9% 6.22% -8.87% -20.83% -23.19% - -
Enterprise Value (EV) 1 18,419 22,412 22,587 20,259 15,964 11,769 11,567 11,328
Change - 21.68% 0.78% -10.31% -21.2% -26.28% -1.72% -2.06%
P/E 76.3x 31.7x 45.2x 37.1x 138x 21.7x 18.7x 16.4x
PBR 11.3x - 9.09x 7.46x 6.87x 5.1x 4.68x 4.21x
PEG - 0x -1.8x 3.4x -1.8x 0x 1.1x 1.2x
Capitalization / Revenue 13x 11.4x 9.01x 9.86x 7.84x 6.08x 5.73x 5.34x
EV / Revenue 12.7x 11.4x 8.55x 9.2x 7.28x 5.42x 5.02x 4.59x
EV / EBITDA 20.5x 16.5x 13.7x 14.1x 12x 8.72x 8.05x 7.24x
EV / EBIT 59.9x 25.3x 34.3x 28.1x 109x 15.8x 13.2x 11.3x
EV / FCF -1,455x - 30.3x 38.9x 27.5x 17.3x 16.1x 14.3x
FCF Yield -0.07% - 3.3% 2.57% 3.64% 5.79% 6.22% 6.97%
Dividend per Share 2 1 - 3 3 5 5.267 5.64 5.96
Rate of return 0.56% - 1.33% 1.46% 3.08% 4.22% 4.52% 4.77%
EPS 2 2.34 6.7 4.99 5.53 1.18 5.744 6.692 7.639
Distribution rate 42.7% - 60.1% 54.2% 424% 91.7% 84.3% 78%
Net sales 1 1,448 1,973 2,642 2,201 2,192 2,170 2,304 2,469
EBITDA 1 897.3 1,361 1,648 1,432 1,326 1,350 1,437 1,565
EBIT 1 307.5 887.1 657.9 721.4 146 746.2 874.6 1,000
Net income 1 247.8 708.7 530.6 584.6 125.5 606.7 706.5 806.9
Net Debt 1 -430.8 - -1,219 -1,435 -1,210 -1,423 -1,626 -1,864
Reference price 2 178.50 212.20 225.40 205.40 162.60 124.90 124.90 124.90
Nbr of stocks (in thousands) 105,600 105,619 105,619 105,619 105,623 105,623 - -
Announcement Date 2/22/22 A 2/7/23 A 2/6/24 A 2/6/25 A 1/29/26 A - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.65x19.23x22.82x-.--% 160B
11.19x2.97x6.23x-.--% 80.59B
36.69x5.91x16.47x0.37% 51.47B
23.13x4.94x11.99x-.--% 41.44B
20.59x5.01x12.73x1% 34.14B
30.22x2.67x8.02x-.--% 30.68B
34.55x2.3x13.34x-.--% 14.52B
12.99x5.26x10.63x-.--% 13.37B
30.39x - - 3.69% 10.13B
Average 25.49x 6.04x 12.78x 0.56% 48.51B
Weighted average by Cap. 25.46x 9.82x 15.29x 0.21%

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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