Company Valuation: HMS Networks AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 26,037 15,840 23,207 21,766 21,027 24,595 - -
Change - -39.16% 46.51% -6.21% -3.39% 16.97% - -
Enterprise Value (EV) 1 26,384 16,140 23,496 25,059 23,381 26,509 25,964 25,339
Change - -38.83% 45.58% 6.65% -6.7% 13.38% -2.06% -2.41%
P/E 73.7x 31.2x 40.8x 68.4x 48.4x 35.9x 29.1x 26x
PBR 129x 10.4x 13.2x 7.81x 6.13x 6.14x 5.37x 4.72x
PEG - 0.7x 3.4x -1.4x 1.3x 0.6x 1.2x 2.2x
Capitalization / Revenue 13.2x 6.32x 7.67x 7.12x 5.88x 6.06x 5.42x 5.04x
EV / Revenue 13.4x 6.44x 7.77x 8.19x 6.54x 6.54x 5.73x 5.2x
EV / EBITDA 48.1x 21.2x 26.8x 31.5x 22x 21.2x 18.5x 16.7x
EV / EBIT 59.2x 24.7x 31.2x 49.8x 30.7x 27.1x 22.9x 20.3x
EV / FCF 64.7x 248x 52.8x 53.2x 31.4x 36.1x 30.3x 25.8x
FCF Yield 1.55% 0.4% 1.89% 1.88% 3.18% 2.77% 3.3% 3.88%
Dividend per Share 2 3 4 4.4 4.4 4.8 5.418 6.344 7.525
Rate of return 0.54% 1.18% 0.88% 1.01% 1.15% 1.11% 1.29% 1.54%
EPS 2 7.57 10.89 12.19 6.34 8.66 13.65 16.84 18.86
Distribution rate 39.6% 36.7% 36.1% 69.4% 55.4% 39.7% 37.7% 39.9%
Net sales 1 1,972 2,506 3,025 3,059 3,577 4,057 4,534 4,876
EBITDA 1 548 760 877 796 1,064 1,248 1,402 1,517
EBIT 1 446 653 753 503 762 978.3 1,132 1,247
Net income 1 355 508 571 310 435 686.9 846.8 949.2
Net Debt 1 347 300 289 3,293 2,354 1,914 1,369 744.1
Reference price 2 558.00 339.60 497.40 433.80 419.00 490.00 490.00 490.00
Nbr of stocks (in thousands) 46,661 46,643 46,656 50,175 50,184 50,194 - -
Announcement Date 1/26/22 1/26/23 1/26/24 1/28/25 1/27/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.89x6.54x21.24x1.11% 2.58B
38.11x7.96x20.55x1.34% 488B
55.44x19.74x39.62x-.--% 265B
22.11x0.88x15.87x2.09% 193B
32.38x10.18x25.06x0.34% 160B
188.79x27.66x81.09x-.--% 82.62B
34.07x6.59x18.82x0.99% 77.74B
83.01x9.67x44.63x-.--% 61.16B
30.97x7.03x23.52x1.33% 59.78B
43.07x2.28x14.83x1.67% 58.22B
Average 56.38x 9.85x 30.52x 0.89% 144.89B
Weighted average by Cap. 48.69x 10.27x 28.19x 0.94%

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

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