Company Valuation: KDventures AB

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 315.8 933.2 466.8 458.2 257.2 117.6
Change - 195.56% -49.98% -1.85% -43.88% -54.25%
Enterprise Value (EV) 1 316.5 966.2 277.7 376 217.3 94.85
Change - 205.3% -71.25% 35.37% -42.22% -56.34%
P/E -1.52x 5.48x -5.05x 85.1x -31.7x -0.61x
PBR 0.39x 0.96x 0.38x 0.37x 0.21x 0.11x
PEG - -0x 0x -1x 0x -0x
Capitalization / Revenue 119x 430x 203x 227x 140x 70.4x
EV / Revenue 119x 445x 121x 187x 118x 56.8x
EV / EBITDA -10.8x -34.6x -8.94x -14x -7.15x -4.77x
EV / EBIT -10.5x -33.8x -8.74x -13.6x -6.92x -4.54x
EV / FCF -5.71x 55.3x -7.61x -31.6x -11x -5.62x
FCF Yield -17.5% 1.81% -13.1% -3.17% -9.06% -17.8%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -1.183 0.97 -0.3423 0.02 -0.03 -0.72
Distribution rate - - - - - -
Net sales 1 2.651 2.17 2.3 2.014 1.838 1.671
EBITDA 1 -29.44 -27.92 -31.08 -26.78 -30.38 -19.88
EBIT 1 -30.12 -28.61 -31.77 -27.58 -31.38 -20.88
Net income 1 -207.5 170.8 -88.12 5.386 -8.101 -193.9
Net Debt 1 0.706 32.93 -189.1 -82.2 -39.9 -22.8
Reference price 2 1.8000 5.3200 1.7300 1.6980 0.9530 0.4360
Nbr of stocks (in thousands) 175,421 175,421 269,833 269,833 269,833 269,833
Announcement Date 3/25/21 3/25/22 3/24/23 3/22/24 3/21/25 3/20/26
1SEK in Million2SEK
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
31.92x4.3x16.65x2.31% 193B
20.52x3.56x12.5x3.28% 116B
16.98x0.2x12.29x0.77% 59.16B
32.4x8.09x20.64x1.23% 55.75B
35.07x3.39x11.63x2.16% 49.57B
36.67x6.45x20.26x-.--% 34.52B
46.3x1.32x12.04x0.16% 31.22B
40.37x7.07x25.37x0.26% 24.36B
20.68x3.14x11.72x1.4% 24.25B
Average 31.21x 4.17x 15.90x 1.29% 65.26B
Weighted average by Cap. 29.41x 4.06x 15.47x 1.86%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA