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 16,108 - -
Change - 18.9% 6.22% -8.87% -20.83% -6.21% - -
Enterprise Value (EV) 1 18,419 22,412 22,587 20,259 15,964 14,979 14,756 14,509
Change - 21.68% 0.78% -10.31% -21.2% -6.17% -1.49% -1.67%
P/E 76.3x 31.7x 45.2x 37.1x 138x 27.1x 22.8x 20.2x
PBR 11.3x - 9.09x 7.46x 6.87x 6.72x 5.95x 5.28x
PEG - 0x -1.8x 3.4x -1.8x 0x 1.2x 1.5x
Capitalization / Revenue 13x 11.4x 9.01x 9.86x 7.84x 7.52x 6.74x 6.38x
EV / Revenue 12.7x 11.4x 8.55x 9.2x 7.28x 6.99x 6.17x 5.75x
EV / EBITDA 20.5x 16.5x 13.7x 14.1x 12x 11.3x 9.96x 9.07x
EV / EBIT 59.9x 25.3x 34.3x 28.1x 109x 20.8x 17x 14.7x
EV / FCF -1,455x - 30.3x 38.9x 27.5x 24.3x 19.9x 18.2x
FCF Yield -0.07% - 3.3% 2.57% 3.64% 4.12% 5.04% 5.5%
Dividend per Share 2 1 - 3 3 5 5.266 5.64 5.96
Rate of return 0.56% - 1.33% 1.46% 3.08% 3.45% 3.7% 3.91%
EPS 2 2.34 6.7 4.99 5.53 1.18 5.621 6.677 7.556
Distribution rate 42.7% - 60.1% 54.2% 424% 93.7% 84.5% 78.9%
Net sales 1 1,448 1,973 2,642 2,201 2,192 2,143 2,391 2,525
EBITDA 1 897.3 1,361 1,648 1,432 1,326 1,324 1,481 1,600
EBIT 1 307.5 887.1 657.9 721.4 146 719.7 868.4 983.9
Net income 1 247.8 708.7 530.6 584.6 125.5 589.8 712.1 817.5
Net Debt 1 -430.8 - -1,219 -1,435 -1,210 -1,129 -1,352 -1,598
Reference price 2 178.50 212.20 225.40 205.40 162.60 152.50 152.50 152.50
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
27.13x6.99x11.31x3.45% 1.65B
21.34x13.64x16.26x-.--% 112B
14.56x3.95x8.27x-.--% 106B
33.9x4.23x12.63x-.--% 46.8B
26.86x5.53x13.36x-.--% 47.85B
15.71x5.67x14.48x0.91% 39.03B
15.35x5.94x12.13x-.--% 14.83B
21.8x2.09x12.06x-.--% 12.32B
26.9x - - 3.61% 10.68B
63.35x3.9x15.93x-.--% 8.23B
Average 26.69x 5.77x 12.94x 0.8% 39.88B
Weighted average by Cap. 21.96x 7.17x 12.79x 0.2%

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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  4. Valuation Paradox Interactive AB
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