Company Valuation: Serstech AB

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 162.8 117.3 23.47 117 264.6 144.7
Change - -27.92% -80% 398.51% 126.15% -45.31%
Enterprise Value (EV) 1 154.2 99.47 26.34 100.3 255.3 135
Change - -35.5% -73.52% 280.84% 154.47% -47.14%
P/E -23.8x -10.6x -0.79x 115x -32x -4.74x
PBR 3.71x 2.09x 0.88x 2.44x 3.99x 3.03x
PEG - -0.3x -0x -1x 0x -0x
Capitalization / Revenue 6.17x 5.34x 1.13x 1.77x 4.74x 3.37x
EV / Revenue 5.84x 4.53x 1.27x 1.52x 4.57x 3.14x
EV / EBITDA -22.9x -9.63x -0.88x 84.2x -29.1x -4.76x
EV / EBIT -21.7x -9.32x -0.87x 96.8x -28.5x -4.73x
EV / FCF -108x -10.3x -1.57x -52.4x -7.84x -2,640x
FCF Yield -0.92% -9.72% -63.7% -1.91% -12.8% -0.04%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.0959 -0.1322 -0.3527 0.004922 -0.04 -0.12
Distribution rate - - - - - -
Net sales 1 26.4 21.97 20.73 66.02 55.85 43
EBITDA 1 -6.728 -10.33 -30.03 1.191 -8.779 -28.34
EBIT 1 -7.101 -10.68 -30.24 1.036 -8.943 -28.55
Net income 1 -6.73 -10.25 -29.57 0.715 -9.131 -29.27
Net Debt 1 -8.577 -17.88 2.873 -16.67 -9.288 -9.757
Reference price 2 2.2850 1.4000 0.2800 0.5660 1.2800 0.5690
Nbr of stocks (in thousands) 71,244 83,816 83,816 206,700 206,700 254,319
Announcement Date 8/4/22 8/4/22 6/4/23 5/4/24 1/4/25 1/4/26
1SEK in Million2SEK
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 13.08M
29.55x5.08x18.11x0.9% 116B
30.46x4.77x18.2x1.76% 87.19B
30.31x3.48x19.96x0.68% 67.45B
41.64x6.51x28.68x1.84% 60.8B
31.18x6.44x18.86x-.--% 46.33B
22.84x1.96x14.13x2.06% 33.24B
23.38x4.3x16.22x0.1% 31.87B
21.93x4.17x14.33x2.73% 31.03B
22.44x3.25x13.99x1.04% 27.11B
Average 28.19x 4.44x 18.06x 1.23% 50.08B
Weighted average by Cap. 29.74x 4.70x 18.89x 1.2%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Serstech AB

Historical PBR trend

Valuation ratios - PBR - Serstech AB

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Serstech AB

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Serstech AB

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