Financials Truecaller AB

Equities

TRUE B

SE0016787071

Software

Market Closed - Nasdaq Stockholm 11:29:46 2024-05-10 am EDT 5-day change 1st Jan Change
40 SEK +3.41% Intraday chart for Truecaller AB +6.84% +14.71%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 42,716 12,090 12,219 13,878 - -
Enterprise Value (EV) 1 41,477 10,503 10,767 13,537 12,122 11,821
P/E ratio 158 x 22.9 x 23.4 x 26 x 19.9 x 16.1 x
Yield - - - 0.68% 0.91% 1.7%
Capitalization / Revenue 37.8 x 6.82 x 7.07 x 7.33 x 5.78 x 4.69 x
EV / Revenue 36.7 x 5.92 x 6.23 x 7.15 x 5.05 x 3.99 x
EV / EBITDA 87.8 x 14.6 x 15.3 x 19.2 x 12.6 x 10 x
EV / FCF 109 x 17.4 x 19.1 x 27.1 x 18.1 x 14.5 x
FCF Yield 0.92% 5.74% 5.25% 3.69% 5.52% 6.89%
Price to Book 28.8 x 6.78 x 7.19 x 9.7 x 6.73 x 4.71 x
Nbr of stocks (in thousands) 375,358 369,038 350,420 346,940 - -
Reference price 2 113.8 32.76 34.87 40.00 40.00 40.00
Announcement Date 2/23/22 2/22/23 2/20/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 1,129 1,773 1,729 1,894 2,400 2,960
EBITDA 1 - 472.5 717.2 702.9 703.8 958.4 1,181
EBIT 1 - 328.2 688.5 657.7 650.5 904 1,122
Operating Margin - 29.07% 38.83% 38.04% 34.35% 37.66% 37.92%
Earnings before Tax (EBT) 1 - 299.7 688.1 712.3 699.9 941.6 1,274
Net income 1 -15.52 258.3 535.2 536.3 519.3 708.4 916.3
Net margin - 22.88% 30.19% 31.02% 27.42% 29.52% 30.96%
EPS 2 -0.0728 0.7200 1.430 1.490 1.537 2.015 2.479
Free Cash Flow 1 - 380.5 602.8 564.9 499 669 815
FCF margin - 33.71% 34% 32.67% 26.35% 27.87% 27.54%
FCF Conversion (EBITDA) - 80.54% 84.06% 80.37% 70.9% 69.8% 69.02%
FCF Conversion (Net income) - 147.32% 112.63% 105.32% 96.1% 94.43% 88.95%
Dividend per Share 2 - - - - 0.2715 0.3657 0.6792
Announcement Date 6/7/21 2/23/22 2/22/23 2/20/24 - - -
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
Net sales 1 392.2 398.3 480.4 450.1 444.1 387.1 518.4 398.7 424.7 427.2 444 475 519
EBITDA 1 196.2 181.4 218.5 181.5 135.9 150 238.5 145.8 168.5 151 158 178 209
EBIT 1 - - 212.9 173.4 126.7 139.8 227.8 133.7 156.3 138 145 165 196
Operating Margin - - 44.32% 38.53% 28.53% 36.13% 43.94% 33.54% 36.8% 32.31% 32.66% 34.74% 37.76%
Earnings before Tax (EBT) - - 222.1 186.2 109.7 147 260 148 157.2 173.5 - - -
Net income 1 - - 172.7 143.3 85.49 109.1 205.9 105 116.2 133 122 137 161
Net margin - - 35.95% 31.85% 19.25% 28.19% 39.72% 26.34% 27.37% 31.15% 27.48% 28.84% 31.02%
EPS 2 - 0.3500 0.4600 0.3800 0.2300 0.3000 0.5600 0.2900 0.3300 0.3800 0.3500 0.3900 0.4600
Dividend per Share - - - - - - - - - - - - -
Announcement Date 2/23/22 5/6/22 7/22/22 11/11/22 2/22/23 5/11/23 7/21/23 10/27/23 2/20/24 5/7/24 - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - -
Net Cash position 1 - 1,238 1,587 1,452 341 1,756 2,056
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - 381 603 565 499 669 815
ROE (net income / shareholders' equity) - 33.2% 33.3% 30.2% 30.4% 33.4% 36.1%
ROA (Net income/ Total Assets) - 24.3% 26.5% 23.8% 24.2% 30.3% 30.8%
Assets 1 - 1,064 2,019 2,252 2,144 2,339 2,975
Book Value Per Share 2 - 3.950 4.830 4.850 4.120 5.950 8.490
Cash Flow per Share 2 - - - - 1.530 2.080 2.640
Capex 1 - 0.35 7.59 17.1 28.6 22.1 29.1
Capex / Sales - 0.03% 0.43% 0.99% 1.51% 0.92% 0.98%
Announcement Date 6/7/21 2/23/22 2/22/23 2/20/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
40 SEK
Average target price
53.33 SEK
Spread / Average Target
+33.33%
Consensus
  1. Stock Market
  2. Equities
  3. TRUE B Stock
  4. Financials Truecaller AB
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