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 11/04/22 04/04/23 04/04/24 04/04/25 07/04/26
1SEK in Million2SEK
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 16.53M
59.86x2.73x26.04x0.06% 103B
13.3x1.12x6.14x4.4% 77.54B
36.61x4.62x25.07x0.18% 62.33B
27.2x2.08x20.43x1.11% 58.45B
57.22x4.54x28.74x1.57% 46.34B
30.8x0.76x12.56x2.01% 38.59B
25.53x1.75x16.13x0.18% 36.89B
25.57x0.52x8.28x2.31% 35.13B
4.48x0.3x5.98x6.28% 26.96B
Average 31.17x 2.05x 16.60x 2.01% 48.53B
Weighted average by Cap. 34.77x 2.28x 18.09x 1.71%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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