Company Valuation: RaySearch Laboratories AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,937 2,331 3,096 7,405 7,816 6,068 - -
Change - 20.35% 32.79% 139.2% 5.56% -22.37% - -
Enterprise Value (EV) 1 2,397 2,727 3,281 7,414 7,804 6,223 6,075 5,870
Change - 13.78% 20.33% 125.95% 5.26% -20.26% -2.38% -3.37%
P/E -40.9x 98.6x 37.9x 36.4x 34.3x 22.6x 18.1x 15.4x
PBR 2.98x 3.55x 4.21x 8.45x 7.93x 6.89x 5.69x 4.66x
PEG - -1x 0x 0x 2.9x 1.1x 0.7x 0.9x
Capitalization / Revenue 3.02x 2.76x 3.03x 6.21x 5.81x 4.35x 3.72x 3.28x
EV / Revenue 3.74x 3.23x 3.21x 6.22x 5.81x 4.46x 3.72x 3.18x
EV / EBITDA 12.2x 8.03x 8.2x 13.3x 13.4x 9.73x 8.16x 6.79x
EV / EBIT -44.8x 63.9x 28.6x 28.5x 26.7x 17.6x 14x 10.8x
EV / FCF 234x - - - 21.7x 32.9x 21.2x 16.1x
FCF Yield 0.43% - - - 4.6% 3.04% 4.72% 6.22%
Dividend per Share 2 - - 0.7 3 3 4 4.77 5.87
Rate of return - - 0.78% 1.39% 1.32% 2.22% 2.64% 3.25%
EPS 2 -1.38 0.69 2.38 5.94 6.65 7.995 9.97 11.74
Distribution rate - - 29.4% 50.5% 45.1% 50% 47.8% 50%
Net sales 1 641.1 843.6 1,022 1,192 1,344 1,396 1,632 1,848
EBITDA 1 196.7 339.7 400.1 558 583.5 639.5 744.5 864.5
EBIT 1 -53.5 42.7 114.9 260.5 292.3 353 435 543.5
Net income 1 -47.3 23.8 81.57 203.5 227.8 272 337.5 422.5
Net Debt 1 459.7 395.9 185.7 9.2 -12.5 155 7 -198
Reference price 2 56.50 68.00 90.30 216.00 228.00 180.50 180.50 180.50
Nbr of stocks (in thousands) 34,283 34,283 34,283 34,283 34,283 33,618 - -
Announcement Date 2/23/22 A 2/28/23 A 2/23/24 A 2/21/25 A 2/12/26 A - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
38x8.79x19.63x-.--% 39.78B
102.97x56.08x71.2x0.51% 13.82B
80.63x12.54x51.72x0.73% 5.55B
-58.09x16.46x-107.79x - 4.26B
-6.92x61.8x-7x - 2.07B
34.02x - - -.--% 1.53B
-130.12x - - - 1.1B
7.02x - - - 1.03B
Average 8.44x 31.13x 5.55x 0.31% 8.64B
Weighted average by Cap. 43.92x 21.27x 24.11x 0.18%

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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  3. RAY B Stock
  4. RSLBF Stock
  5. Valuation RaySearch Laboratories AB