Company Valuation: Netel Holding AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025
Market Cap 1 2,139 1,633 713.1 644.2 241.1
Change - -23.67% -56.32% -9.66% -62.58%
Enterprise Value (EV) 1 2,457 2,354 1,323 1,389 1,155
Change - -4.2% -43.79% 5% -16.85%
P/E 24.7x 13.2x 16.2x -13.7x -2.06x
PBR 2.35x 1.48x 0.63x 0.59x 0.25x
PEG 1x 0.3x -0.3x 0x -0x
Capitalization / Revenue 0.88x 0.52x 0.21x 0.2x 0.08x
EV / Revenue 1.02x 0.75x 0.38x 0.42x 0.4x
EV / EBITDA 17.3x 11.7x 8.82x 8.58x 1,155x
EV / EBIT 18.3x 12.5x 10.1x 9.58x -88.9x
EV / FCF - - - - -
FCF Yield - - - - -
Dividend per Share 2 - - - - -
Rate of return - - - - -
EPS 2 1.857 2.577 0.9076 -0.9688 -2.412
Distribution rate - - - - -
Net sales 1 2,417 3,141 3,459 3,284 2,915
EBITDA 1 142 202 150 162 1
EBIT 1 134 189 131 145 -13
Net income 1 66 123 44 -47 -117
Net Debt 1 318 721 610 745 914
Reference price 2 45.800 34.000 14.700 13.280 4.970
Nbr of stocks (in thousands) 46,704 48,022 48,512 48,512 48,512
Announcement Date 4/11/22 4/4/23 4/4/24 4/4/25 4/7/26
1SEK in Million2SEK
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
53.77x2.48x23.7x0.07% 93.52B
12.19x1.05x5.73x4.8% 70.79B
32.59x4.09x22.2x0.21% 55.61B
26.31x2.02x19.89x1.17% 56.19B
49.5x3.94x25.08x1.85% 39.12B
26.22x0.64x10.67x2.36% 32.75B
22.89x1.56x14.4x0.2% 33.07B
21.45x0.44x6.88x2.75% 29.37B
5x0.31x5.8x5.88% 26.65B
Average 27.77x 1.84x 14.93x 2.14% 48.57B
Weighted average by Cap. 30.88x 2.05x 16.33x 1.87%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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