Company Valuation: Sectra AB

Data adjusted to current consolidation scope
Fiscal Period: April 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 24,169 31,157 42,233 57,145 49,169 56,721 - -
Change - 28.91% 35.55% 35.31% -13.96% 15.36% - -
Enterprise Value (EV) 1 23,385 30,332 41,460 55,891 47,435 55,060 54,609 53,934
Change - 29.71% 36.69% 34.81% -15.13% 16.08% -0.82% -1.24%
P/E 76.6x 82.9x 98.7x 102x 87.1x 76x 65.7x 46.7x
PBR 22.2x 24x 26.9x 29.8x 23x 23.1x 18.7x 14.8x
PEG - 4.2x 7.1x 3.2x 254.33x 2.4x 4.2x 1.1x
Capitalization / Revenue 12.4x 13.3x 14.3x 17.6x 13.9x 13.6x 11.7x 10x
EV / Revenue 12x 12.9x 14x 17.3x 13.4x 13.2x 11.3x 9.54x
EV / EBITDA 50.3x 55.4x 66.7x 67x 57x 52x 42.5x 32.4x
EV / EBIT 61x 66.6x 80.1x 77.3x 66.8x 59.1x 48.1x 35.6x
EV / FCF 43.1x 94.5x - 68.8x 46.9x 156x 65.3x 47.9x
FCF Yield 2.32% 1.06% - 1.45% 2.13% 0.64% 1.53% 2.09%
Dividend per Share 2 1 1.1 1.1 2.1 2.3 1.99 2.19 2.605
Rate of return 0.8% 0.68% 0.5% 0.71% 0.9% 0.68% 0.74% 0.88%
EPS 2 1.63 1.95 2.22 2.92 2.93 3.875 4.483 6.305
Distribution rate 61.3% 56.4% 49.5% 71.9% 78.5% 51.4% 48.8% 41.3%
Net sales 1 1,949 2,351 2,964 3,240 3,542 4,165 4,840 5,653
EBITDA 1 464.6 547.6 621.9 834.5 832.5 1,060 1,285 1,664
EBIT 1 383.4 455.7 517.8 723 710.6 931.5 1,135 1,517
Net income 1 314.8 375 428.4 563.4 563.8 746 919.3 1,214
Net Debt 1 -784.4 -825.2 -772.9 -1,254 -1,734 -1,661 -2,112 -2,787
Reference price 2 124.80 161.70 219.20 296.60 255.20 294.40 294.40 294.40
Nbr of stocks (in thousands) 193,662 192,685 192,667 192,667 192,667 192,667 - -
Announcement Date 6/3/22 A 6/2/23 A 6/5/24 A 6/5/25 A 6/5/26 A - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
40.82x9.79x21.57x-.--% 43.17B
92.29x50.17x63.7x0.57% 12.33B
76.44x13.3x52.3x0.67% 5.84B
-64.02x16.25x-106.39x - 4.2B
-6.94x62.02x-7.03x - 2.08B
33.18x - - -.--% 1.49B
-121.85x - - - 1.03B
6.86x - - - 1B
Average 7.10x 30.31x 4.83x 0.31% 8.89B
Weighted average by Cap. 42.08x 19.46x 23.07x 0.17%

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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