Company Valuation: RaySearch Laboratories AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,937 2,331 3,096 7,405 7,816 6,424 - -
Change - 20.35% 32.79% 139.2% 5.56% -17.81% - -
Enterprise Value (EV) 1 2,397 2,727 3,281 7,414 7,804 6,579 6,431 6,226
Change - 13.78% 20.33% 125.95% 5.26% -15.69% -2.25% -3.19%
P/E -40.9x 98.6x 37.9x 36.4x 34.3x 23.9x 19.2x 16.3x
PBR 2.98x 3.55x 4.21x 8.45x 7.93x 7.29x 6.03x 4.94x
PEG - -1x 0x 0x 2.9x 1.2x 0.8x 0.9x
Capitalization / Revenue 3.02x 2.76x 3.03x 6.21x 5.81x 4.6x 3.94x 3.48x
EV / Revenue 3.74x 3.23x 3.21x 6.22x 5.81x 4.71x 3.94x 3.37x
EV / EBITDA 12.2x 8.03x 8.2x 13.3x 13.4x 10.3x 8.64x 7.2x
EV / EBIT -44.8x 63.9x 28.6x 28.5x 26.7x 18.6x 14.8x 11.5x
EV / FCF 234x - - - 21.7x 34.8x 22.4x 17.1x
FCF Yield 0.43% - - - 4.6% 2.87% 4.46% 5.86%
Dividend per Share 2 - - 0.7 3 3 4 4.77 5.87
Rate of return - - 0.78% 1.39% 1.32% 2.09% 2.5% 3.07%
EPS 2 -1.38 0.69 2.38 5.94 6.65 7.995 9.97 11.74
Distribution rate - - 29.4% 50.5% 45.1% 50% 47.8% 50%
Net sales 1 641.1 843.6 1,022 1,192 1,344 1,396 1,632 1,848
EBITDA 1 196.7 339.7 400.1 558 583.5 639.5 744.5 864.5
EBIT 1 -53.5 42.7 114.9 260.5 292.3 353 435 543.5
Net income 1 -47.3 23.8 81.57 203.5 227.8 272 337.5 422.5
Net Debt 1 459.7 395.9 185.7 9.2 -12.5 155 7 -198
Reference price 2 56.50 68.00 90.30 216.00 228.00 191.10 191.10 191.10
Nbr of stocks (in thousands) 34,283 34,283 34,283 34,283 34,283 33,618 - -
Announcement Date 23/02/22 28/02/23 23/02/24 21/02/25 12/02/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
38.1x8.89x19.7x-.--% 39.6B
81.95x70.69x88.06x0.42% 13.25B
83.21x12.28x53.31x0.7% 5.74B
-49.95x14.07x-92.1x - 3.66B
-6.71x64.07x-6.88x - 2.01B
37.93x - - -.--% 1.7B
-102.73x - - - 967M
6.28x - - - 924M
121.33x - - 1.1% 836M
Average 23.27x 34.00x 12.42x 0.44% 7.63B
Weighted average by Cap. 42.93x 23.95x 29.60x 0.17%

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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  5. Valuation RaySearch Laboratories AB