Company Valuation: Sectra AB

Data adjusted to current consolidation scope
Fiscal Period: April 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 24,169 31,157 42,233 57,145 49,169 54,872 - -
Change - 28.91% 35.55% 35.31% -13.96% 11.6% - -
Enterprise Value (EV) 1 23,385 30,332 41,460 55,891 47,435 53,211 52,759 52,085
Change - 29.71% 36.69% 34.81% -15.13% 12.18% -0.85% -1.28%
P/E 76.6x 82.9x 98.7x 102x 87.1x 73.5x 63.5x 45.2x
PBR 22.2x 24x 26.9x 29.8x 23x 22.4x 18.1x 14.3x
PEG - 4.2x 7.1x 3.2x 254.33x 2.3x 4x 1.1x
Capitalization / Revenue 12.4x 13.3x 14.3x 17.6x 13.9x 13.2x 11.3x 9.71x
EV / Revenue 12x 12.9x 14x 17.3x 13.4x 12.8x 10.9x 9.21x
EV / EBITDA 50.3x 55.4x 66.7x 67x 57x 50.2x 41.1x 31.3x
EV / EBIT 61x 66.6x 80.1x 77.3x 66.8x 57.1x 46.5x 34.3x
EV / FCF 43.1x 94.5x - 68.8x 46.9x 151x 63.1x 46.2x
FCF Yield 2.32% 1.06% - 1.45% 2.13% 0.66% 1.59% 2.16%
Dividend per Share 2 1 1.1 1.1 2.1 2.3 1.99 2.19 2.605
Rate of return 0.8% 0.68% 0.5% 0.71% 0.9% 0.7% 0.77% 0.91%
EPS 2 1.63 1.95 2.22 2.92 2.93 3.875 4.483 6.305
Distribution rate 61.3% 56.4% 49.5% 71.9% 78.5% 51.4% 48.8% 41.3%
Net sales 1 1,949 2,351 2,964 3,240 3,542 4,165 4,840 5,653
EBITDA 1 464.6 547.6 621.9 834.5 832.5 1,060 1,285 1,664
EBIT 1 383.4 455.7 517.8 723 710.6 931.5 1,135 1,517
Net income 1 314.8 375 428.4 563.4 563.8 746 919.3 1,214
Net Debt 1 -784.4 -825.2 -772.9 -1,254 -1,734 -1,661 -2,112 -2,787
Reference price 2 124.80 161.70 219.20 296.60 255.20 284.80 284.80 284.80
Nbr of stocks (in thousands) 193,662 192,685 192,667 192,667 192,667 192,667 - -
Announcement Date 3/6/22 2/6/23 5/6/24 5/6/25 5/6/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
73.5x12.78x50.22x0.7% 5.71B
39.93x9.53x21.01x-.--% 42.23B
92.88x50.5x64.11x0.57% 12.54B
-57.58x15.67x-102.59x - 4.06B
-6.65x59.12x-6.7x - 1.99B
34.21x - - -.--% 1.53B
-125.08x - - - 1.06B
6.95x - - - 1.02B
115.67x - - 1.15% 801M
Average 19.31x 29.52x 5.21x 0.48% 7.88B
Weighted average by Cap. 42.90x 19.39x 23.27x 0.19%

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

40% Discount: Identify Tomorrow's Best Investments With The Best Subscriber-Only Tools!
d
:
:
SEIZE THE OFFER!