Company Valuation: Starbreeze AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 727.4 1,140 695.8 309 170.3 151.7 - -
Change - 56.75% -38.98% -55.59% -44.9% -10.9% - -
Enterprise Value (EV) 1 727.4 1,140 348.5 -38.22 67.66 118.7 156.7 151.7
Change - 56.75% -69.44% -110.97% 277.04% 75.46% 32.01% -3.19%
P/E - - 2.46x -1.61x -0.41x -1.3x - -
PBR - - 0.77x 0.44x 0.73x 1.3x 1.3x -
PEG - - - 0x -0x 0x - -
Capitalization / Revenue 5.79x 8.94x 1.1x 1.66x 0.77x 1.06x 1.08x 1.1x
EV / Revenue 5.79x 8.94x 0.55x -0.21x 0.31x 0.83x 1.12x 1.1x
EV / EBITDA - 17.2x 0.79x -0.39x 2.33x 3.1x 3.05x 2.79x
EV / EBIT -13.5x 169x 1.83x 0.21x -0.17x -1.1x 20.9x 21.7x
EV / FCF - -14.5x -28.1x 0.19x -0.51x -1.75x -4.35x -5.42x
FCF Yield - -6.89% -3.56% 536% -198% -57.3% -23% -18.5%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 - - 0.19 -0.13 -0.25 -0.07 - -
Distribution rate - - - - - - - -
Net sales 1 125.7 127.6 633.5 185.9 221 143 140 138
EBITDA 1 - 66.38 439.3 97.64 29 38.3 51.4 54.4
EBIT 1 -53.72 6.746 190.3 -182.4 -400.9 -108.4 7.5 7
Net income 1 - -59.81 207.6 -199.3 -399.3 -110 6 6
Net Debt 1 - - -347.3 -347.2 -102.6 -33 5 -
Reference price 2 1.0020 1.5790 0.4680 0.2096 0.1026 0.0907 0.0907 0.0907
Nbr of stocks (in thousands) 724,609 724,609 1,476,762 1,476,762 1,624,438 1,624,438 - -
Announcement Date 2/16/22 A 2/16/23 A 2/15/24 A 2/18/25 A 2/19/26 A - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-1.3x0.83x3.1x - 15.6M
22.42x8.6x14.24x0.95% 2,890B
97.31x39.35x65.61x-.--% 315B
111.95x35.72x112.98x0.16% 115B
75.28x15.13x32.99x-.--% 93.39B
454.94x19.54x78.57x-.--% 89.65B
144.14x8.47x21.61x-.--% 74.48B
34.74x1.82x14.25x-.--% 63.94B
118.88x5.17x25.34x-.--% 45.29B
-32.51x4.26x20.4x-.--% 34.67B
Average 102.59x 13.89x 38.91x 0.12% 372.23B
Weighted average by Cap. 46.59x 12.27x 24.01x 0.74%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Starbreeze AB