Company Valuation: Exalt AB

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 32.97 25.4 26 24.54 25.94 22.05
Change - -22.95% 2.34% -5.61% 5.73% -15%
Enterprise Value (EV) 1 35.87 30.75 29.47 27.55 29.2 24.39
Change - -14.27% -4.18% -6.52% 6% -16.48%
P/E 518x -5.83x -1.47x 9.45x 1,481x -6.79x
PBR 1.39x 1.32x 16.7x 6x 6.07x 21.9x
PEG - 0x -0x -0x -14.9x 0x
Capitalization / Revenue 0.88x 0.67x 0.58x 0.5x 0.53x 0.45x
EV / Revenue 0.95x 0.81x 0.65x 0.56x 0.59x 0.5x
EV / EBITDA 12.1x -22.6x 14.5x 8.49x 58.7x 859x
EV / EBIT 120x -7.42x -36.4x 9x 73.5x -135x
EV / FCF 7.73x -37.7x 12.9x -51.6x -66.1x 271x
FCF Yield 12.9% -2.66% 7.76% -1.94% -1.51% 0.37%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.001177 -0.0806 -0.328 0.0481 0.000324 -0.0601
Distribution rate - - - - - -
Net sales 1 37.66 37.95 45 49.38 49.11 48.52
EBITDA 1 2.967 -1.363 2.033 3.245 0.4977 0.0284
EBIT 1 0.2998 -4.147 -0.8087 3.062 0.3974 -0.1808
Net income 1 0.0636 -4.354 -17.73 2.597 0.0175 -3.25
Net Debt 1 2.899 5.348 3.469 3.008 3.255 2.334
Reference price 2 0.6100 0.4700 0.4810 0.4540 0.4800 0.4080
Nbr of stocks (in thousands) 54,047 54,047 54,047 54,047 54,047 54,047
Announcement Date 4/22/21 4/19/22 4/13/23 4/11/24 4/11/25 4/10/26
1SEK in Million2SEK
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 986K
11.03x1.31x4.14x7.04% 222B
10.61x2.53x6.69x5.87% 200B
13.18x2.12x4.91x4.16% 149B
13.93x1.87x8.15x3.01% 91.97B
11.64x0.87x3.26x6.65% 79.55B
11.52x1.78x4.48x2.84% 67.46B
15.29x2.68x8.37x5.06% 58B
23.43x5.3x19.36x4.66% 55.58B
14.98x2.77x6.2x4.39% 51.14B
Average 13.96x 2.36x 7.28x 4.85% 97.51B
Weighted average by Cap. 12.80x 2.12x 6.33x 5.26%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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