Company Valuation: AddTech AB

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 49,044 51,837 65,762 79,013 85,738 91,233 - -
Change - 5.7% 26.86% 20.15% 8.51% 6.41% - -
Enterprise Value (EV) 1 52,791 55,944 70,189 84,031 91,396 95,455 93,444 91,380
Change - 5.97% 25.46% 19.72% 8.77% 4.44% -2.11% -2.21%
P/E 46.1x 34.6x 40.3x 41.8x 39.9x 36.6x 32.4x 29.7x
PBR 12.5x 9.99x 11x 11.9x 11x 9.6x 8.11x 6.94x
PEG - 0.9x 4.47x 2.7x 2.9x 2.3x 2.5x 3.22x
Capitalization / Revenue 3.49x 2.77x 3.28x 3.63x 3.78x 3.68x 3.42x 3.2x
EV / Revenue 3.76x 2.99x 3.51x 3.86x 4.03x 3.85x 3.5x 3.2x
EV / EBITDA 25.4x 19.5x 21.6x 22.8x 22.3x 20.9x 18.6x 16.9x
EV / EBIT 35.2x 25.8x 28.9x 30.5x 29.6x 27.2x 24x 21.7x
EV / FCF 52.5x 32.4x 29.3x 33.4x 32.4x 33.8x 28.2x 25.4x
FCF Yield 1.9% 3.09% 3.41% 2.99% 3.09% 2.95% 3.55% 3.94%
Dividend per Share 2 1.8 2.5 2.8 3.2 3.6 3.923 4.3 4.671
Rate of return 0.99% 1.3% 1.15% 1.09% 1.13% 1.16% 1.27% 1.38%
EPS 2 3.95 5.55 6.05 7 7.95 9.229 10.42 11.38
Distribution rate 45.6% 45% 46.3% 45.7% 45.3% 42.5% 41.3% 41%
Net sales 1 14,038 18,714 20,019 21,796 22,703 24,803 26,709 28,517
EBITDA 1 2,077 2,872 3,245 3,692 4,100 4,576 5,020 5,418
EBIT 1 1,501 2,167 2,426 2,757 3,085 3,504 3,893 4,216
Net income 1 1,074 1,495 1,632 1,892 2,147 2,497 2,820 3,074
Net Debt 1 3,747 4,107 4,427 5,018 5,658 4,222 2,211 146.9
Reference price 2 182.00 192.30 243.80 292.80 317.60 337.80 337.80 337.80
Nbr of stocks (in thousands) 269,474 269,565 269,737 269,852 269,957 270,079 - -
Announcement Date 5/17/22 5/17/23 5/16/24 5/15/25 5/20/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.72x1x10.79x2.56% 110B
14.88x1.15x14.26x2.14% 91.5B
14.14x1.24x19.73x2.8% 87.36B
12.39x1.52x12.95x2.34% 50.94B
13.26x1.26x20.15x2.45% 50.07B
23.47x1.33x12.36x0.82% 45.62B
15.94x0.61x9.33x1.8% 42.62B
60.49x3.34x21.46x0.04% 42.37B
19.08x0.9x9.44x2.82% 12.05B
Average 20.93x 1.37x 14.50x 1.98% 59.22B
Weighted average by Cap. 18.88x 1.32x 14.77x 2.09%

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