Company Valuation: HMS Networks AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 26,037 15,840 23,207 21,766 21,027 24,495 - -
Change - -39.16% 46.51% -6.21% -3.39% 16.49% - -
Enterprise Value (EV) 1 26,384 16,140 23,496 25,059 23,381 26,409 25,864 25,239
Change - -38.83% 45.58% 6.65% -6.7% 12.95% -2.06% -2.42%
P/E 73.7x 31.2x 40.8x 68.4x 48.4x 35.7x 29x 25.9x
PBR 129x 10.4x 13.2x 7.81x 6.13x 6.11x 5.35x 4.7x
PEG - 0.7x 3.4x -1.4x 1.3x 0.6x 1.2x 2.2x
Capitalization / Revenue 13.2x 6.32x 7.67x 7.12x 5.88x 6.04x 5.4x 5.02x
EV / Revenue 13.4x 6.44x 7.77x 8.19x 6.54x 6.51x 5.7x 5.18x
EV / EBITDA 48.1x 21.2x 26.8x 31.5x 22x 21.2x 18.4x 16.6x
EV / EBIT 59.2x 24.7x 31.2x 49.8x 30.7x 27x 22.8x 20.2x
EV / FCF 64.7x 248x 52.8x 53.2x 31.4x 36x 30.2x 25.7x
FCF Yield 1.55% 0.4% 1.89% 1.88% 3.18% 2.78% 3.31% 3.89%
Dividend per Share 2 3 4 4.4 4.4 4.8 5.418 6.344 7.525
Rate of return 0.54% 1.18% 0.88% 1.01% 1.15% 1.11% 1.3% 1.54%
EPS 2 7.57 10.89 12.19 6.34 8.66 13.65 16.84 18.86
Distribution rate 39.6% 36.7% 36.1% 69.4% 55.4% 39.7% 37.7% 39.9%
Net sales 1 1,972 2,506 3,025 3,059 3,577 4,057 4,534 4,876
EBITDA 1 548 760 877 796 1,064 1,248 1,402 1,517
EBIT 1 446 653 753 503 762 978.3 1,132 1,247
Net income 1 355 508 571 310 435 686.9 846.8 949.2
Net Debt 1 347 300 289 3,293 2,354 1,914 1,369 744.1
Reference price 2 558.00 339.60 497.40 433.80 419.00 488.00 488.00 488.00
Nbr of stocks (in thousands) 46,661 46,643 46,656 50,175 50,184 50,194 - -
Announcement Date 1/26/22 1/26/23 1/26/24 1/28/25 1/27/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
34.34x7.19x18.57x1.48% 440B
50.87x18.02x36.16x-.--% 244B
22.32x0.9x16.02x2.08% 195B
34.74x10.97x27x0.32% 172B
176.81x26.23x76.9x-.--% 78.34B
34.05x6.59x18.81x0.99% 77.7B
77.91x9.08x41.9x-.--% 57.41B
42.55x2.25x14.63x1.69% 57.69B
29.71x6.73x22.52x1.39% 57.36B
Average 55.92x 9.77x 30.28x 0.88% 153.19B
Weighted average by Cap. 45.66x 9.59x 26.67x 0.99%

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