Financials Paradox Interactive AB

Equities

PDX

SE0008294953

Software

Delayed Nasdaq Stockholm 06:59:57 2024-04-30 EDT 5-day change 1st Jan Change
168.4 SEK -2.60% Intraday chart for Paradox Interactive AB +2.81% -25.29%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 15,840 27,034 18,850 22,412 23,807 17,786 - -
Enterprise Value (EV) 1 15,522 26,468 18,419 22,412 22,587 16,232 15,437 15,312
P/E ratio 42.4 x 55.2 x 76.3 x 31.7 x 45.2 x 24.2 x 18.5 x 17.7 x
Yield 0.67% 0.39% 0.56% - 1.33% 1.84% 2.06% 2.12%
Capitalization / Revenue 12.3 x 15.1 x 13 x 11.4 x 9.01 x 6.42 x 6.01 x 5.79 x
EV / Revenue 12 x 14.8 x 12.7 x 11.4 x 8.55 x 5.86 x 5.22 x 4.99 x
EV / EBITDA 21.1 x 25.3 x 20.5 x 16.5 x 13.7 x 8.81 x 7.69 x 7.33 x
EV / FCF 56.9 x 54.6 x -1,455 x - 30.3 x 19.8 x 18.5 x 17.5 x
FCF Yield 1.76% 1.83% -0.07% - 3.3% 5.05% 5.41% 5.73%
Price to Book 14.1 x 17.9 x 11.3 x - 9.09 x 5.93 x 4.87 x 4.25 x
Nbr of stocks (in thousands) 105,600 105,600 105,600 105,619 105,619 105,619 - -
Reference price 2 150.0 256.0 178.5 212.2 225.4 168.4 168.4 168.4
Announcement Date 20-02-18 21-02-23 22-02-22 23-02-07 24-02-06 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,289 1,794 1,448 1,973 2,642 2,771 2,957 3,070
EBITDA 1 735.7 1,045 897.3 1,361 1,648 1,843 2,007 2,090
EBIT 1 473.5 632.1 307.5 887.1 657.9 920.8 1,186 1,240
Operating Margin 36.73% 35.24% 21.24% 44.97% 24.9% 33.23% 40.12% 40.39%
Earnings before Tax (EBT) 1 466.8 628 303.9 884.4 687.7 945.8 1,228 1,271
Net income 1 374.1 490.6 247.8 708.7 530.6 735.5 963.6 1,004
Net margin 29.01% 27.35% 17.12% 35.92% 20.08% 26.54% 32.58% 32.71%
EPS 2 3.540 4.640 2.340 6.700 4.990 6.959 9.116 9.505
Free Cash Flow 1 273 484.7 -12.66 - 745.6 820.5 835 877
FCF margin 21.17% 27.02% -0.87% - 28.22% 29.61% 28.24% 28.57%
FCF Conversion (EBITDA) 37.11% 46.4% - - 45.24% 44.52% 41.6% 41.95%
FCF Conversion (Net income) 72.98% 98.81% - - 140.53% 111.56% 86.66% 87.35%
Dividend per Share 2 1.000 1.000 1.000 - 3.000 3.100 3.475 3.567
Announcement Date 20-02-18 21-02-23 22-02-22 23-02-07 24-02-06 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 390.5 476.1 458.8 458 580 482.8 737.3 426.4 995.6 482.1 710 514.5 1,065 516 798
EBITDA 1 265.5 322.4 331.5 309.2 397.5 309.3 480.8 232.2 625.9 299.2 461.5 319 764 347 529
EBIT 1 148.1 208.5 213.6 220.6 244.5 155.7 292.9 85.36 123.9 154.4 251 165.5 358.5 203 306
Operating Margin 37.93% 43.79% 46.55% 48.17% 42.15% 32.25% 39.72% 20.02% 12.45% 32.02% 35.35% 32.17% 33.66% 39.34% 38.35%
Earnings before Tax (EBT) 1 147.5 207.7 213 219.5 244.2 157.1 310.9 88.46 131.3 165 256.5 171 363.5 209 312
Net income 1 115.9 168.6 170.1 175.9 194.2 123.7 239.4 69.29 98.3 126.9 200.5 135 282 165 246
Net margin 29.68% 35.41% 37.08% 38.41% 33.48% 25.62% 32.46% 16.25% 9.87% 26.31% 28.24% 26.24% 26.48% 31.98% 30.83%
EPS 2 1.100 1.590 1.610 1.670 1.840 1.160 2.240 0.6500 0.9300 1.200 1.895 1.275 2.675 1.560 2.330
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 22-02-22 22-05-03 22-08-02 22-11-01 23-02-07 23-04-27 23-07-27 23-10-26 24-02-06 24-04-25 - - - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 318 566 431 - 1,219 1,554 2,349 2,474
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 273 485 -12.7 - 746 821 835 877
ROE (net income / shareholders' equity) 37.8% 37.3% 15.6% - 21.6% 26% 28% 24.8%
ROA (Net income/ Total Assets) - - - - 15.8% 22.1% 23.3% 21.8%
Assets 1 - - - - 3,361 3,328 4,135 4,606
Book Value Per Share 2 10.70 14.30 15.70 - 24.80 28.40 34.50 39.60
Cash Flow per Share 2 6.890 10.60 6.960 - 13.70 16.00 14.60 15.00
Capex 1 455 642 749 - 706 837 867 912
Capex / Sales 35.27% 35.77% 51.76% - 26.73% 30.2% 29.32% 29.69%
Announcement Date 20-02-18 21-02-23 22-02-22 23-02-07 24-02-06 - - -
1SEK in Million2SEK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
168.4 SEK
Average target price
242.5 SEK
Spread / Average Target
+44.00%
Consensus
1st Jan change Capi.
-25.29% 1.62B
-22.12% 207B
-11.83% 64.92B
-5.23% 54.75B
-13.51% 45.53B
+2.36% 41.94B
-6.78% 33.91B
-11.67% 28.36B
+76.94% 23.25B
+0.65% 21.21B
Application Software
  1. Stock Market
  2. Equities
  3. PDX Stock
  4. Financials Paradox Interactive AB