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 87,659 - -
Change - 5.7% 26.86% 20.15% 8.51% 2.24% - -
Enterprise Value (EV) 1 52,791 55,944 70,189 84,031 91,396 91,881 89,709 87,806
Change - 5.97% 25.46% 19.72% 8.77% 0.53% -2.36% -2.12%
P/E 46.1x 34.6x 40.3x 41.8x 39.9x 37x 32.8x 29.9x
PBR 12.5x 9.99x 11x 11.9x 11x 9.71x 8.21x 6.97x
PEG - 0.9x 4.47x 2.7x 2.9x 2.3x 2.5x 3.17x
Capitalization / Revenue 3.49x 2.77x 3.28x 3.63x 3.78x 3.53x 3.28x 3.07x
EV / Revenue 3.76x 2.99x 3.51x 3.86x 4.03x 3.71x 3.36x 3.08x
EV / EBITDA 25.4x 19.5x 21.6x 22.8x 22.3x 20.1x 17.9x 16.2x
EV / EBIT 35.2x 25.8x 28.9x 30.5x 29.6x 26.2x 23x 20.8x
EV / FCF 52.5x 32.4x 29.3x 33.4x 32.4x 32.6x 27.1x 24.4x
FCF Yield 1.9% 3.09% 3.41% 2.99% 3.09% 3.07% 3.69% 4.1%
Dividend per Share 2 1.8 2.5 2.8 3.2 3.6 3.94 4.314 4.672
Rate of return 0.99% 1.3% 1.15% 1.09% 1.13% 1.16% 1.27% 1.37%
EPS 2 3.95 5.55 6.05 7 7.95 9.215 10.4 11.38
Distribution rate 45.6% 45% 46.3% 45.7% 45.3% 42.8% 41.5% 41%
Net sales 1 14,038 18,714 20,019 21,796 22,703 24,798 26,699 28,517
EBITDA 1 2,077 2,872 3,245 3,692 4,100 4,563 5,007 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 2,051 146.8
Reference price 2 182.00 192.30 243.80 292.80 317.60 340.80 340.80 340.80
Nbr of stocks (in thousands) 269,474 269,565 269,737 269,852 269,957 257,215 - -
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.($)
36.98x3.71x20.14x1.16% 9.56B
17.66x1.09x15.68x2.69% 104B
14.05x1.24x19.38x2.84% 84.34B
13.85x1.11x14.02x2.3% 83.48B
13.79x1.2x18.52x2.34% 51.39B
11.75x1.41x14.57x2.5% 46.62B
63.63x3.85x23.81x0.04% 44.32B
22.96x1.25x11.58x0.85% 39.36B
14.11x0.58x8.97x2.08% 36B
18.85x0.89x9.29x2.86% 11.77B
Average 22.76x 1.63x 15.60x 1.96% 51.04B
Weighted average by Cap. 20.05x 1.42x 16.06x 2.16%

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