Company Valuation: Traction

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 2,766 4,097 3,121 3,579 3,890 3,742
Change - 48.13% -23.83% 14.69% 8.68% -3.8%
Enterprise Value (EV) 1 1,049 1,985 964.9 1,346 1,512 761
Change - 89.26% -51.4% 39.48% 12.39% -49.68%
P/E -149x 3.05x -8.26x 13.3x 8.15x 19.2x
PBR 0.95x 0.97x 0.82x 0.91x 0.92x 0.87x
PEG - -0x 0x -0x 0.1x -0.3x
Capitalization / Revenue -369x 3.03x -8.62x 12.6x 7.93x 17.7x
EV / Revenue -140x 1.47x -2.66x 4.73x 3.08x 3.61x
EV / EBITDA - - - - - -
EV / EBIT -56.7x 1.48x -2.59x 4.92x 3.16x 3.89x
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 2 4.85 8.8 10.45 9 8.3
Rate of return 1.07% 1.75% 4.17% 4.32% 3.42% 3.28%
EPS 2 -1.251 90.85 -25.54 18.24 32.26 13.19
Distribution rate -160% 5.34% -34.4% 57.3% 27.9% 62.9%
Net sales 1 -7.5 1,354 -362.1 284.4 490.4 211.1
EBITDA - - - - - -
EBIT 1 -18.5 1,344 -373.1 273.6 479.3 195.7
Net income 1 -18.5 1,344 -377.8 269.8 477.1 195.1
Net Debt 1 -1,717 -2,112 -2,156 -2,233 -2,377 -2,981
Reference price 2 187.00 277.00 211.00 242.00 263.00 253.00
Nbr of stocks (in thousands) 14,790 14,790 14,790 14,790 14,790 14,790
Announcement Date 17/03/21 30/03/22 31/03/23 28/03/24 21/03/25 27/03/26
1SEK in Million2SEK
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.86x1.23x5.32x2.45% 16.61B
7.86x14.91x - -.--% 15.39B
28.3x6.94x13.99x2.56% 11.93B
Average 16.01x 7.69x 9.65x 1.67% 14.64B
Weighted average by Cap. 14.93x 7.57x 8.94x 1.62%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA