Company Valuation: Micro Systemation AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 709.2 771.1 1,188 860.6 1,145 1,363 - -
Change - 8.72% 54.01% -27.53% 33.05% 19.03% - -
Enterprise Value (EV) 1 653.2 722.2 1,100 767.5 1,002 1,271 1,230 1,171
Change - 10.56% 52.34% -30.23% 30.52% 26.9% -3.2% -4.84%
P/E 20.3x 46.9x 39.7x 23x 23.3x 28.7x 19.3x 14.3x
PBR 8x 7.48x 10.3x 6.6x 7.63x 8.24x 6.62x 5.13x
PEG - -0.9x 0.5x 0.9x 0.8x -8.98x 0.4x 0.4x
Capitalization / Revenue 2.13x 2.12x 2.85x 2.13x 2.48x 2.64x 2.31x 2.05x
EV / Revenue 1.96x 1.99x 2.64x 1.9x 2.17x 2.46x 2.08x 1.76x
EV / EBITDA 11.5x 22.6x 19.6x 12.6x 11.7x 14.7x 10.3x 7.65x
EV / EBIT 14.7x 38.4x 26.9x 16.6x 14.8x 19.5x 13x 9.23x
EV / FCF 65.3x 15x 14.8x 19.1x 13.9x 32.2x 14.9x 10.9x
FCF Yield 1.53% 6.66% 6.76% 5.24% 7.21% 3.1% 6.72% 9.18%
Dividend per Share 2 - 1.5 1.5 1.5 1.6 1.6 1.9 2.35
Rate of return - 3.59% 2.33% 3.22% 2.58% 2.17% 2.57% 3.18%
EPS 2 1.89 0.89 1.62 2.03 2.66 2.575 3.82 5.145
Distribution rate - 169% 92.6% 73.9% 60.2% 62.1% 49.7% 45.7%
Net sales 1 333 363 416.9 404.7 461.8 516.5 590.5 666
EBITDA 1 56.7 31.9 56.1 60.9 85.6 86.7 119 153
EBIT 1 44.3 18.8 40.9 46.3 67.8 65.15 94.95 126.8
Net income 1 34.8 17.1 30 37.4 49.2 48.2 71.95 96.55
Net Debt 1 -56 -48.9 -87.4 -93.1 -143.3 -91.8 -132.5 -192
Reference price 2 38.40 41.75 64.30 46.60 62.00 73.80 73.80 73.80
Nbr of stocks (in thousands) 18,468 18,468 18,468 18,468 18,468 18,468 - -
Announcement Date 1/27/22 1/27/23 1/25/24 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.($)
28.66x2.46x14.66x2.17% 141M
28.91x6.72x21.5x-.--% 26.44B
20.73x1.79x10.5x1.69% 7.42B
362.2x - - - 4.43B
39.26x2.41x14.97x1.71% 2.76B
17.65x2.05x10.49x1.75% 2.29B
46.39x11.29x44.49x0.93% 2.08B
35.32x7.21x25.08x0.24% 1.18B
31.35x3.14x15.35x0.83% 978M
Average 67.83x 4.63x 19.63x 1.16% 5.3B
Weighted average by Cap. 59.61x 5.49x 19.65x 0.57%

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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