Company Valuation: Netel Holding AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 2,139 1,633 713.1 644.2 189.2 189.2 -
Change - -23.67% -56.32% -9.66% -70.63% 0% -
Enterprise Value (EV) 1 2,457 2,355 1,323 1,389 1,056 993.5 950.6
Change - -4.16% -43.81% 5% -23.98% -5.93% -4.32%
P/E ratio 32.4x 13.1x 16.2x -13.8x -2.05x 9.51x 4.29x
PBR 2.38x 1.48x 0.63x 0.59x 0.18x 0.19x 0.18x
PEG - 0.2x -0.2x 0x -0x -0x 0x
Capitalization / Revenue 0.88x 0.52x 0.21x 0.18x 0.08x 0.07x 0.06x
EV / Revenue 1.02x 0.75x 0.38x 0.39x 0.36x 0.35x 0.32x
EV / EBITDA 11.2x 8.99x 5.61x 5.99x 8.74x 5.58x 4.83x
EV / EBIT 14x 12x 8.07x 8.52x 25x 9.18x 7.3x
EV / FCF -36.7x -7.6x 8.32x 69.5x -13.9x 15.5x 16.2x
FCF Yield -2.73% -13.2% 12% 1.44% -7.18% 6.45% 6.19%
Dividend per Share 2 - - - - 0.3 - 0.22
Rate of return - - - - 7.69% - 5.64%
EPS 2 1.413 2.59 0.91 -0.96 -2.42 0.41 0.91
Distribution rate - - - - -28.6% - 24.2%
Net sales 1 2,418 3,141 3,459 3,524 2,915 2,849 2,927
EBITDA 1 220 262 236 232 103 178 196.9
EBIT 1 176 197 164 163 28 108.2 130.2
Net income 1 66 123 44 -47 -117 19.7 44.25
Net Debt 1 318 722 610 745 866.9 804.3 761.4
Reference price 2 45.800 34.000 14.700 13.280 3.900 3.900 3.900
Nbr of stocks (in thousands) 46,704 48,022 48,512 48,512 48,512 48,512 -
Announcement Date 16/02/22 16/02/23 16/02/24 07/02/25 06/02/26 - -
1SEK in Million2SEK
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-3.71x0.36x8.74x7.69% 20.56M
14.01x1.16x6.4x4.19% 82.87B
61.5x2.54x24.74x0.08% 80.82B
30.29x2.2x20.91x1.04% 59.1B
57.72x4.8x30.09x1.57% 47.69B
34.8x3.93x23.49x0.21% 44.92B
28.94x0.66x11.33x2.2% 32.78B
24.99x1.64x15.67x0.17% 31.43B
31.16x0.56x9.11x2.14% 30.94B
4.43x0.27x5.06x5.37% 30.26B
Average 28.41x 1.81x 15.55x 2.47% 44.08B
Weighted average by Cap. 34.18x 2.12x 17.14x 1.83%

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

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  4. Valuation Netel Holding AB