Company Valuation: BTS Group AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,793 5,638 5,741 5,101 2,847 3,806 - -
Change - -27.66% 1.84% -11.15% -44.18% 33.65% - -
Enterprise Value (EV) 1 7,340 5,061 5,209 4,819 2,801 3,664 3,524 3,398
Change - -31.05% 2.93% -7.48% -41.87% 30.78% -3.82% -3.58%
P/E 36.3x 28.4x 26.7x 13.2x 21.3x 31.3x 16.9x 14.8x
PBR 7.94x 4.64x 4.41x 3.06x 1.97x 2.65x 2.41x 2.21x
PEG - -3.63x 3.25x 0.2x -0.3x -3.48x 0.2x 1.1x
Capitalization / Revenue 4.07x 2.23x 2.14x 1.82x 1.05x 1.35x 1.25x 1.16x
EV / Revenue 3.83x 2x 1.94x 1.72x 1.04x 1.3x 1.16x 1.03x
EV / EBITDA 20.4x 12.1x 12.3x 11x 8.16x 9.1x 7.42x 6.48x
EV / EBIT 28.7x 16.7x 18.1x 16.2x 14x 14x 10.7x 9.09x
EV / FCF 56.4x 28.4x 86.4x 24.4x 18.1x 30.2x 14.1x 12x
FCF Yield 1.77% 3.52% 1.16% 4.1% 5.51% 3.31% 7.09% 8.34%
Dividend per Share 2 4.8 5.4 5.7 6.1 4.4 3.987 6.207 7.043
Rate of return 1.19% 1.86% 1.93% 2.32% 3% 2.03% 3.16% 3.59%
EPS 2 11.11 10.24 11.08 19.95 6.89 6.27 11.63 13.26
Distribution rate 43.2% 52.7% 51.4% 30.6% 63.9% 63.6% 53.4% 53.1%
Net sales 1 1,917 2,530 2,683 2,802 2,703 2,809 3,036 3,284
EBITDA 1 359.5 419.9 421.9 439 343.2 402.7 475 524.7
EBIT 1 256 303.3 288 298 200 261 329.3 373.7
Net income 1 214.7 198 214.8 387 133.6 121.7 225.3 257.3
Net Debt 1 -453.2 -577.1 -532.3 -282 -46.14 -142 -282 -408
Reference price 2 403.00 291.00 296.00 263.00 146.80 196.20 196.20 196.20
Nbr of stocks (in thousands) 19,338 19,374 19,397 19,397 19,397 19,397 - -
Announcement Date 2/23/22 2/24/23 2/22/24 2/26/25 2/20/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.29x1.3x9.1x2.03% 386M
35.5x5.1x18.99x-.--% 1.75B
35.59x - - - 1.18B
8.07x0.88x2.4x8.98% 1.1B
16.08x - - 5.53% 952M
32.61x - - - 805M
Average 26.52x 2.43x 10.16x 4.13% 1.03B
Weighted average by Cap. 27.00x 3.21x 12.17x 3.8%

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

  1. Stock Market
  2. Stocks
  3. BTS B Stock
  4. Valuation BTS Group AB
-40%: Exceptional extension
d
:
:
SEIZE THE OFFER!