Company Valuation: RaySearch Laboratories AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,937 2,331 3,096 7,405 7,816 6,085 - -
Change - 20.35% 32.79% 139.2% 5.56% -22.15% - -
Enterprise Value (EV) 1 2,397 2,727 3,281 7,414 7,804 6,240 6,092 5,887
Change - 13.78% 20.33% 125.95% 5.26% -20.04% -2.37% -3.37%
P/E -40.9x 98.6x 37.9x 36.4x 34.3x 22.6x 18.2x 15.4x
PBR 2.98x 3.55x 4.21x 8.45x 7.93x 6.91x 5.71x 4.68x
PEG - -1x 0x 0x 2.9x 1.1x 0.7x 0.9x
Capitalization / Revenue 3.02x 2.76x 3.03x 6.21x 5.81x 4.36x 3.73x 3.29x
EV / Revenue 3.74x 3.23x 3.21x 6.22x 5.81x 4.47x 3.73x 3.19x
EV / EBITDA 12.2x 8.03x 8.2x 13.3x 13.4x 9.76x 8.18x 6.81x
EV / EBIT -44.8x 63.9x 28.6x 28.5x 26.7x 17.7x 14x 10.8x
EV / FCF 234x - - - 21.7x 33x 21.2x 16.1x
FCF Yield 0.43% - - - 4.6% 3.03% 4.71% 6.2%
Dividend per Share 2 - - 0.7 3 3 4 4.77 5.87
Rate of return - - 0.78% 1.39% 1.32% 2.21% 2.64% 3.24%
EPS 2 -1.38 0.69 2.38 5.94 6.65 7.995 9.97 11.74
Distribution rate - - 29.4% 50.5% 45.1% 50% 47.8% 50%
Net sales 1 641.1 843.6 1,022 1,192 1,344 1,396 1,632 1,848
EBITDA 1 196.7 339.7 400.1 558 583.5 639.5 744.5 864.5
EBIT 1 -53.5 42.7 114.9 260.5 292.3 353 435 543.5
Net income 1 -47.3 23.8 81.57 203.5 227.8 272 337.5 422.5
Net Debt 1 459.7 395.9 185.7 9.2 -12.5 155 7 -198
Reference price 2 56.50 68.00 90.30 216.00 228.00 181.00 181.00 181.00
Nbr of stocks (in thousands) 34,283 34,283 34,283 34,283 34,283 33,618 - -
Announcement Date 2/23/22 2/28/23 2/23/24 2/21/25 2/12/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.64x4.47x9.76x2.21% 606M
32.54x5.7x21.86x0.28% 242B
36.27x6.5x20.6x0.66% 150B
42.48x11.22x24.76x-.--% 138B
16.11x3.32x10.81x-.--% 61.74B
33.65x6.72x21.27x-.--% 49.08B
18.6x2.27x11.53x2.71% 47.43B
32.68x6.47x21.96x0.62% 47.3B
41.85x10.08x22.22x-.--% 44.25B
74.44x7.11x21.64x-.--% 41.78B
Average 35.13x 6.39x 18.64x 0.65% 82.32B
Weighted average by Cap. 35.55x 6.81x 20.66x 0.4%

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

  1. Stock Market
  2. Stocks
  3. RAY B Stock
  4. Valuation RaySearch Laboratories AB