Company Valuation: I-Tech AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 701.4 640.7 657.3 690.7 626.3 866.2 - -
Change - -8.66% 2.6% 5.07% -9.32% 38.31% - -
Enterprise Value (EV) 1 668.7 590.2 574.1 590.5 478.1 674.9 635.6 569.2
Change - -11.74% -2.73% 2.86% -19.03% 41.16% -5.83% -10.44%
P/E -295x 59.8x 32.5x 17.6x 18.6x 14.9x 12x 8.59x
PBR - - 4.88x 4.43x 3.6x 4.02x 3.23x 2.55x
PEG - -0x 0.4x 0.2x -1.2x 0.2x 0.5x 0.2x
Capitalization / Revenue 13.3x 7.66x 5.44x 3.85x 3.73x 3.98x 3.34x 2.81x
EV / Revenue 12.6x 7.06x 4.75x 3.29x 2.84x 3.1x 2.45x 1.85x
EV / EBITDA 207x 29.4x 18.3x 11x 9.75x 8.84x 6.83x 4.82x
EV / EBIT -143x 49.1x 24.5x 13x 11.7x 9.78x 7.25x 5.02x
EV / FCF -255x 30.6x 17.5x 17x 7.45x 11.7x 10.5x 5.81x
FCF Yield -0.39% 3.27% 5.71% 5.89% 13.4% 8.54% 9.49% 17.2%
Dividend per Share 2 - - - 1.75 1.25 1.85 2.5 3.36
Rate of return - - - 3.02% 2.39% 2.56% 3.46% 4.65%
EPS 2 -0.2 0.9 1.7 3.3 2.8 4.86 6.033 8.41
Distribution rate - - - 53% 44.6% 38.1% 41.4% 40%
Net sales 1 52.9 83.63 120.9 179.5 168.1 217.7 259.7 308
EBITDA 1 3.234 20.04 31.37 53.71 49.03 76.33 93 118
EBIT 1 -4.683 12.02 23.39 45.49 41.04 69 87.67 113.3
Net income 1 -2.648 10.62 20.2 39.01 33.19 58 72 92.67
Net Debt 1 -32.76 -50.5 -83.26 -100.2 -148.2 -191.3 -230.7 -297
Reference price 2 58.90 53.80 55.20 58.00 52.20 72.20 72.20 72.20
Nbr of stocks (in thousands) 11,908 11,908 11,908 11,908 11,998 11,998 - -
Announcement Date 2/23/22 2/22/23 2/8/24 2/6/25 2/5/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.16x3.18x9.08x2.51% 92.58M
38.2x6.89x18.32x1.61% 32.65B
35.95x - - - 4.55B
25.41x2.22x9.55x2.4% 1.67B
19.82x - - - 611M
Average 26.91x 4.10x 12.31x 2.17% 7.91B
Weighted average by Cap. 37.06x 6.66x 17.87x 1.65%

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