Company Valuation: Profoto Holding AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,416 3,712 2,960 1,760 422 250.4 - -
Change - -15.95% -20.26% -40.54% -76.02% -40.66% - -
Enterprise Value (EV) 1 4,282 3,716 3,004 1,995 603 355.4 325.4 304.4
Change - -13.22% -19.16% -33.59% -69.77% -41.06% -8.44% -6.45%
P/E 26.5x 19.1x 19.1x 14x -18.5x 5.85x 3.29x 2.61x
PBR 12.7x 9.49x 7.47x 4.76x 1.21x 0.64x 0.56x 0.5x
PEG - 0.8x -1x -0.7x 0x -0x 0x 0.1x
Capitalization / Revenue 5.94x 4.38x 3.76x 2.41x 0.68x 0.39x 0.36x 0.35x
EV / Revenue 5.76x 4.38x 3.82x 2.73x 0.98x 0.56x 0.47x 0.42x
EV / EBITDA 15.9x 11.5x 10.7x 8.83x 5.8x 2.67x 1.78x 1.47x
EV / EBIT 18.1x 14.5x 14.7x 13x 14.7x 5.38x 3.07x 2.34x
EV / FCF 18.3x - - - 11.8x 11.8x 10.5x 7.25x
FCF Yield 5.46% - - - 8.46% 8.44% 9.53% 13.8%
Dividend per Share 2 3.5 4 3.75 2 - 0.8 1.4 1.8
Rate of return 3.34% 4.31% 5.07% 4.55% - 12.8% 22.4% 28.8%
EPS 2 3.95 4.85 3.88 3.15 -0.57 1.07 1.9 2.4
Distribution rate 88.6% 82.5% 96.6% 63.5% - 74.8% 73.7% 75%
Net sales 1 744 848 787 731 617 635 688 723
EBITDA 1 269 322 282 226 104 133 183 207
EBIT 1 237 257 204 153 41 66 106 130
Net income 1 158 194 155 126 -23 43 76 96
Net Debt 1 -134 4 44 235 181 105 75 54
Reference price 2 104.800 92.800 74.000 44.000 10.550 6.260 6.260 6.260
Nbr of stocks (in thousands) 42,139 40,000 40,000 40,000 40,000 40,000 - -
Announcement Date 10/02/22 22/02/23 06/02/24 12/02/25 11/02/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
5.85x0.56x2.67x12.78% 25.08M
17.17x1.58x7.76x0.91% 140B
21.39x1.36x10.28x1.31% 66.71B
16.8x0.4x4.77x0.73% 26.37B
31.76x9.69x18.72x1.54% 24.4B
67.5x1.1x34.44x0.09% 8.35B
36.18x17.78x29.66x - 7.22B
13.93x0.25x6.37x3.68% 5.65B
25.97x - - - 5.35B
58.55x2.25x52.74x0.18% 5.39B
Average 29.51x 3.89x 18.60x 2.65% 28.99B
Weighted average by Cap. 22.12x 2.50x 11.17x 1.06%

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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