Company Valuation: HMS Networks AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 26,037 15,840 23,207 21,766 21,027 25,248 - -
Change - -39.16% 46.51% -6.21% -3.39% 20.07% - -
Enterprise Value (EV) 1 26,384 16,140 23,496 25,059 23,381 27,167 26,644 26,027
Change - -38.83% 45.58% 6.65% -6.7% 16.19% -1.93% -2.32%
P/E 73.7x 31.2x 40.8x 68.4x 48.4x 36.3x 30.2x 26.9x
PBR 129x 10.4x 13.2x 7.81x 6.13x 6.36x 5.58x 4.92x
PEG - 0.7x 3.4x -1.4x 1.3x 0.6x 1.5x 2.1x
Capitalization / Revenue 13.2x 6.32x 7.67x 7.12x 5.88x 6.23x 5.6x 5.2x
EV / Revenue 13.4x 6.44x 7.77x 8.19x 6.54x 6.7x 5.91x 5.36x
EV / EBITDA 48.1x 21.2x 26.8x 31.5x 22x 21.9x 19.2x 17.3x
EV / EBIT 59.2x 24.7x 31.2x 49.8x 30.7x 27.9x 23.9x 21.1x
EV / FCF 64.7x 248x 52.8x 53.2x 31.4x 41.1x 31.5x 26.7x
FCF Yield 1.55% 0.4% 1.89% 1.88% 3.18% 2.43% 3.17% 3.74%
Dividend per Share 2 3 4 4.4 4.4 4.8 5.618 6.336 7.052
Rate of return 0.54% 1.18% 0.88% 1.01% 1.15% 1.12% 1.26% 1.4%
EPS 2 7.57 10.89 12.19 6.34 8.66 13.87 16.63 18.73
Distribution rate 39.6% 36.7% 36.1% 69.4% 55.4% 40.5% 38.1% 37.6%
Net sales 1 1,972 2,506 3,025 3,059 3,577 4,053 4,511 4,851
EBITDA 1 548 760 877 796 1,064 1,240 1,388 1,506
EBIT 1 446 653 753 503 762 972.3 1,117 1,236
Net income 1 355 508 571 310 435 697.7 836.6 942
Net Debt 1 347 300 289 3,293 2,354 1,919 1,396 779.2
Reference price 2 558.00 339.60 497.40 433.80 419.00 503.00 503.00 503.00
Nbr of stocks (in thousands) 46,661 46,643 46,656 50,175 50,184 50,194 - -
Announcement Date 26/1/22 26/1/23 26/1/24 28/1/25 27/1/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.12x6.68x21.82x1.12% 2.59B
36.13x7.53x19.44x1.42% 461B
49.47x16.79x35.15x-.--% 210B
22.85x0.95x16.62x1.94% 204B
45.44x14.15x35.63x0.24% 201B
45.28x2.91x18.92x1.32% 72.73B
88.85x10.35x47.77x-.--% 65.46B
31.58x5.98x17.52x1.13% 69.54B
162.2x20.88x61.31x-.--% 62.33B
19.37x2.71x12.81x3.15% 45.9B
Average 53.73x 8.89x 28.70x 1.03% 139.47B
Weighted average by Cap. 45.34x 9.16x 26.58x 1.02%

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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