Financials Paradox Interactive AB

Equities

PDX

SE0008294953

Software

Market Closed - Nasdaq Stockholm 11:29:31 2024-04-26 am EDT 5-day change 1st Jan Change
165.3 SEK +0.79% Intraday chart for Paradox Interactive AB -6.03% -26.66%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 15,840 27,034 18,850 22,412 23,807 17,459 - -
Enterprise Value (EV) 1 15,522 26,468 18,419 22,412 22,587 15,691 15,071 14,917
P/E ratio 42.4 x 55.2 x 76.3 x 31.7 x 45.2 x 25.2 x 17.8 x 17.2 x
Yield 0.67% 0.39% 0.56% - 1.33% 1.88% 2.1% 2.16%
Capitalization / Revenue 12.3 x 15.1 x 13 x 11.4 x 9.01 x 6.27 x 5.87 x 5.64 x
EV / Revenue 12 x 14.8 x 12.7 x 11.4 x 8.55 x 5.64 x 5.06 x 4.82 x
EV / EBITDA 21.1 x 25.3 x 20.5 x 16.5 x 13.7 x 8.09 x 7.43 x 7.07 x
EV / FCF 56.9 x 54.6 x -1,455 x - 30.3 x 15.8 x 17.6 x 16.8 x
FCF Yield 1.76% 1.83% -0.07% - 3.3% 6.34% 5.69% 5.95%
Price to Book 14.1 x 17.9 x 11.3 x - 9.09 x 5.82 x 4.79 x 4.17 x
Nbr of stocks (in thousands) 105,600 105,600 105,600 105,619 105,619 105,619 - -
Reference price 2 150.0 256.0 178.5 212.2 225.4 165.3 165.3 165.3
Announcement Date 2/18/20 2/23/21 2/22/22 2/7/23 2/6/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,289 1,794 1,448 1,973 2,642 2,784 2,977 3,097
EBITDA 1 735.7 1,045 897.3 1,361 1,648 1,939 2,028 2,109
EBIT 1 473.5 632.1 307.5 887.1 657.9 876 1,202 1,251
Operating Margin 36.73% 35.24% 21.24% 44.97% 24.9% 31.47% 40.38% 40.4%
Earnings before Tax (EBT) 1 466.8 628 303.9 884.4 687.7 901 1,248 1,288
Net income 1 374.1 490.6 247.8 708.7 530.6 694 980 1,018
Net margin 29.01% 27.35% 17.12% 35.92% 20.08% 24.93% 32.92% 32.85%
EPS 2 3.540 4.640 2.340 6.700 4.990 6.570 9.270 9.635
Free Cash Flow 1 273 484.7 -12.66 - 745.6 995 857 887.5
FCF margin 21.17% 27.02% -0.87% - 28.22% 35.75% 28.79% 28.66%
FCF Conversion (EBITDA) 37.11% 46.4% - - 45.24% 51.3% 42.26% 42.08%
FCF Conversion (Net income) 72.98% 98.81% - - 140.53% 143.37% 87.45% 87.22%
Dividend per Share 2 1.000 1.000 1.000 - 3.000 3.100 3.475 3.567
Announcement Date 2/18/20 2/23/21 2/22/22 2/7/23 2/6/24 - - -
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 2025 Q1
Net sales 1 390.5 476.1 458.8 458 580 482.8 737.3 426.4 995.6 482.1 647 547 1,102 597
EBITDA 1 265.5 322.4 331.5 309.2 397.5 309.3 480.8 232.2 625.9 299.2 426 333 846 401
EBIT 1 148.1 208.5 213.6 220.6 244.5 155.7 292.9 85.36 123.9 154.4 237 161 323 234
Operating Margin 37.93% 43.79% 46.55% 48.17% 42.15% 32.25% 39.72% 20.02% 12.45% 32.02% 36.63% 29.43% 29.31% 39.2%
Earnings before Tax (EBT) 1 147.5 207.7 213 219.5 244.2 157.1 310.9 88.46 131.3 165 242 166 328 240
Net income 1 115.9 168.6 170.1 175.9 194.2 123.7 239.4 69.29 98.3 126.9 187 131 249 190
Net margin 29.68% 35.41% 37.08% 38.41% 33.48% 25.62% 32.46% 16.25% 9.87% 26.31% 28.9% 23.95% 22.6% 31.83%
EPS 2 1.100 1.590 1.610 1.670 1.840 1.160 2.240 0.6500 0.9300 1.200 1.770 1.240 2.360 1.800
Dividend per Share 2 - - - - - - - - - - - - - -
Announcement Date 2/22/22 5/3/22 8/2/22 11/1/22 2/7/23 4/27/23 7/27/23 10/26/23 2/6/24 4/25/24 - - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 318 566 431 - 1,219 1,768 2,388 2,542
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 273 485 -12.7 - 746 995 857 888
ROE (net income / shareholders' equity) 37.8% 37.3% 15.6% - 21.6% 24.7% 28.2% 24.7%
ROA (Net income/ Total Assets) - - - - 15.8% 23.5% 23.9% 21.7%
Assets 1 - - - - 3,361 2,953 4,100 4,689
Book Value Per Share 2 10.70 14.30 15.70 - 24.80 28.40 34.50 39.60
Cash Flow per Share 2 6.890 10.60 6.960 - 13.70 16.00 14.60 15.00
Capex 1 455 642 749 - 706 698 881 926
Capex / Sales 35.27% 35.77% 51.76% - 26.73% 25.08% 29.58% 29.88%
Announcement Date 2/18/20 2/23/21 2/22/22 2/7/23 2/6/24 - - -
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
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
165.3 SEK
Average target price
245 SEK
Spread / Average Target
+48.22%
Consensus
1st Jan change Capi.
-26.66% 1.59B
-19.95% 214B
-9.06% 66.6B
-3.37% 56.39B
-10.49% 46.62B
+8.30% 43.93B
-6.51% 34.19B
-7.95% 29.14B
+85.24% 24.32B
+3.45% 21.64B
Application Software
  1. Stock Market
  2. Equities
  3. PDX Stock
  4. Financials Paradox Interactive AB