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 24,455 - -
Change - -39.16% 46.51% -6.21% -3.39% 16.3% - -
Enterprise Value (EV) 1 26,384 16,140 23,496 25,059 23,381 26,374 25,851 25,234
Change - -38.83% 45.58% 6.65% -6.7% 12.8% -1.98% -2.39%
P/E 73.7x 31.2x 40.8x 68.4x 48.4x 35.1x 29.3x 26x
PBR 129x 10.4x 13.2x 7.81x 6.13x 6.16x 5.4x 4.75x
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 6.03x 5.42x 5.04x
EV / Revenue 13.4x 6.44x 7.77x 8.19x 6.54x 6.51x 5.73x 5.2x
EV / EBITDA 48.1x 21.2x 26.8x 31.5x 22x 21.3x 18.6x 16.8x
EV / EBIT 59.2x 24.7x 31.2x 49.8x 30.7x 27.1x 23.1x 20.4x
EV / FCF 64.7x 248x 52.8x 53.2x 31.4x 39.9x 30.6x 25.9x
FCF Yield 1.55% 0.4% 1.89% 1.88% 3.18% 2.51% 3.27% 3.86%
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% 1.15% 1.3% 1.45%
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 1 355 508 571 310 435 697.8 836.5 941.9
Net Debt 1 347 300 289 3,293 2,354 1,919 1,396 779.1
Reference price 2 558.00 339.60 497.40 433.80 419.00 487.20 487.20 487.20
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.($)
35.12x6.51x21.26x1.15% 2.54B
37.46x7.8x20.14x1.37% 478B
55.51x19x39.78x-.--% 235B
21.64x0.89x15.67x2.08% 194B
40.1x12.29x31.26x0.27% 180B
43.32x2.78x18.05x1.38% 69.88B
31.88x6.04x17.67x1.12% 70.2B
88.51x10.31x47.59x-.--% 65.22B
162.37x20.9x61.37x-.--% 62.4B
19.61x2.75x12.99x3.12% 46.57B
Average 53.55x 8.93x 28.58x 1.05% 140.42B
Weighted average by Cap. 45.98x 9.49x 26.88x 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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