Financials Truecaller AB

Equities

TRUE B

SE0016787071

Software

Market Closed - Nasdaq Stockholm 16:29:59 02/05/2024 BST 5-day change 1st Jan Change
36.28 SEK +1.74% Intraday chart for Truecaller AB +7.91% +4.04%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 42,716 12,090 12,219 12,587 - -
Enterprise Value (EV) 1 41,477 10,503 10,767 11,118 10,597 10,238
P/E ratio 158 x 22.9 x 23.4 x 24.5 x 17.8 x 13.8 x
Yield - - - 0.52% - 2.09%
Capitalization / Revenue 37.8 x 6.82 x 7.07 x 6.61 x 5.25 x 4.24 x
EV / Revenue 36.7 x 5.92 x 6.23 x 5.84 x 4.42 x 3.45 x
EV / EBITDA 87.8 x 14.6 x 15.3 x 15.7 x 11 x 8.39 x
EV / FCF 109 x 17.4 x 19.1 x 22.4 x 15.6 x 12 x
FCF Yield 0.92% 5.74% 5.25% 4.46% 6.43% 8.33%
Price to Book 28.8 x 6.78 x 7.19 x 7.46 x 6.32 x -
Nbr of stocks (in thousands) 375,358 369,038 350,420 346,940 - -
Reference price 2 113.8 32.76 34.87 36.28 36.28 36.28
Announcement Date 23/02/22 22/02/23 20/02/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 1,129 1,773 1,729 1,904 2,398 2,970
EBITDA 1 - 472.5 717.2 702.9 706.8 966.1 1,221
EBIT 1 - 328.2 688.5 657.7 657.3 911.9 1,165
Operating Margin - 29.07% 38.83% 38.04% 34.53% 38.03% 39.24%
Earnings before Tax (EBT) 1 - 299.7 688.1 712.3 691.3 959.1 1,277
Net income 1 -15.52 258.3 535.2 536.3 522.1 713.4 932.8
Net margin - 22.88% 30.19% 31.02% 27.42% 29.75% 31.41%
EPS 2 -0.0728 0.7200 1.430 1.490 1.482 2.036 2.635
Free Cash Flow 1 - 380.5 602.8 564.9 496.3 681.3 852.8
FCF margin - 33.71% 34% 32.67% 26.07% 28.41% 28.72%
FCF Conversion (EBITDA) - 80.54% 84.06% 80.37% 70.22% 70.53% 69.86%
FCF Conversion (Net income) - 147.32% 112.63% 105.32% 95.07% 95.5% 91.43%
Dividend per Share 2 - - - - 0.1892 - 0.7600
Announcement Date 07/06/21 23/02/22 22/02/23 20/02/24 - - -
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
Net sales 1 392.2 398.3 480.4 450.1 444.1 387.1 518.4 398.7 424.7 410.3 508 470.2 505.8
EBITDA 1 196.2 181.4 218.5 181.5 135.9 150 238.5 145.8 168.5 134.4 193 179.2 198.6
EBIT 1 - - 212.9 173.4 126.7 139.8 227.8 133.7 156.3 119 182.6 168.8 187.9
Operating Margin - - 44.32% 38.53% 28.53% 36.13% 43.94% 33.54% 36.8% 28.99% 35.95% 35.89% 37.15%
Earnings before Tax (EBT) 1 - - 222.1 186.2 109.7 147 260 148 157.2 127.1 188.7 172.4 191.5
Net income 1 - - 172.7 143.3 85.49 109.1 205.9 105 116.2 99.37 142.2 130.2 144.6
Net margin - - 35.95% 31.85% 19.25% 28.19% 39.72% 26.34% 27.37% 24.22% 27.99% 27.68% 28.6%
EPS 2 - 0.3500 0.4600 0.3800 0.2300 0.3000 0.5600 0.2900 0.3300 0.2700 0.4150 0.3800 0.4200
Dividend per Share - - - - - - - - - - - - -
Announcement Date 23/02/22 06/05/22 22/07/22 11/11/22 22/02/23 11/05/23 21/07/23 27/10/23 20/02/24 - - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - -
Net Cash position 1 - 1,238 1,587 1,452 1,469 1,990 2,349
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - 381 603 565 496 681 853
ROE (net income / shareholders' equity) - 33.2% 33.3% 30.2% 30.3% 39.6% 53.2%
ROA (Net income/ Total Assets) - 24.3% 26.5% 23.8% 24% 29.7% 33.3%
Assets 1 - 1,064 2,019 2,252 2,176 2,406 2,797
Book Value Per Share 2 - 3.950 4.830 4.850 4.860 5.740 -
Cash Flow per Share - - - - - - -
Capex 1 - 0.35 7.59 17.1 18.7 22.7 29.6
Capex / Sales - 0.03% 0.43% 0.99% 0.98% 0.95% 0.99%
Announcement Date 07/06/21 23/02/22 22/02/23 20/02/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
35.66 SEK
Average target price
53.83 SEK
Spread / Average Target
+50.96%
Consensus
  1. Stock Market
  2. Equities
  3. TRUE B Stock
  4. Financials Truecaller AB