Real-time Estimate
Cboe Europe
02:48:40 02/05/2024 pm IST
|
5-day change
|
1st Jan Change
|
64.08
SEK
|
-1.99%
|
|
+0.44%
|
+6.50%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
10,044
|
27,813
|
35,670
|
28,835
|
36,755
|
39,865
|
-
|
-
|
Enterprise Value (EV)
1 |
9,777
|
27,577
|
35,787
|
28,763
|
36,241
|
39,044
|
38,318
|
37,546
|
P/E ratio
|
74.3
x
|
136
x
|
148
x
|
83
x
|
64.8
x
|
56.4
x
|
44.1
x
|
33.9
x
|
Yield
|
0.3%
|
0.16%
|
0.14%
|
0.25%
|
0.33%
|
0.34%
|
0.44%
|
0.56%
|
Capitalization / Revenue
|
18.9
x
|
40.1
x
|
38.3
x
|
22.6
x
|
22.4
x
|
19
x
|
15.4
x
|
12.5
x
|
EV / Revenue
|
18.4
x
|
39.8
x
|
38.4
x
|
22.5
x
|
22.1
x
|
18.6
x
|
14.8
x
|
11.8
x
|
EV / EBITDA
|
48.7
x
|
83.1
x
|
88.8
x
|
48.5
x
|
43.3
x
|
35.7
x
|
27.5
x
|
21.7
x
|
EV / FCF
|
70.6
x
|
155
x
|
166
x
|
95.3
x
|
75.5
x
|
63.4
x
|
46.1
x
|
35.1
x
|
FCF Yield
|
1.42%
|
0.64%
|
0.6%
|
1.05%
|
1.32%
|
1.58%
|
2.17%
|
2.84%
|
Price to Book
|
35.8
x
|
59.3
x
|
36.3
x
|
22.5
x
|
20.7
x
|
16.9
x
|
12.8
x
|
9.87
x
|
Nbr of stocks (in thousands)
|
5,97,853
|
6,01,353
|
6,09,745
|
6,09,745
|
6,09,745
|
6,09,745
|
-
|
-
|
Reference price
2 |
16.80
|
46.25
|
58.50
|
47.29
|
60.28
|
65.38
|
65.38
|
65.38
|
Announcement Date
|
12/02/20
|
16/02/21
|
16/02/22
|
16/02/23
|
15/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
532.1
|
693.7
|
932
|
1,276
|
1,642
|
2,097
|
2,582
|
3,181
|
EBITDA
1 |
200.7
|
332
|
402.9
|
593.4
|
837
|
1,093
|
1,392
|
1,729
|
EBIT
1 |
172.2
|
265.4
|
318
|
464.2
|
673
|
890.4
|
1,149
|
1,448
|
Operating Margin
|
32.36%
|
38.26%
|
34.12%
|
36.39%
|
40.99%
|
42.45%
|
44.49%
|
45.51%
|
Earnings before Tax (EBT)
1 |
172.1
|
262.2
|
308.8
|
452.7
|
677
|
905.5
|
1,166
|
1,505
|
Net income
1 |
134.9
|
205.4
|
241.1
|
346.8
|
570
|
706.2
|
906.6
|
1,175
|
Net margin
|
25.36%
|
29.61%
|
25.86%
|
27.19%
|
34.71%
|
33.67%
|
35.11%
|
36.95%
|
EPS
2 |
0.2260
|
0.3410
|
0.3960
|
0.5700
|
0.9300
|
1.159
|
1.483
|
1.928
|
Free Cash Flow
1 |
138.4
|
177.8
|
215.5
|
301.8
|
480
|
615.5
|
831.4
|
1,068
|
FCF margin
|
26.02%
|
25.63%
|
23.13%
|
23.66%
|
29.23%
|
29.35%
|
32.19%
|
33.58%
|
FCF Conversion (EBITDA)
|
68.98%
|
53.55%
|
53.49%
|
50.86%
|
57.35%
|
56.34%
|
59.75%
|
61.8%
|
FCF Conversion (Net income)
|
102.6%
|
86.56%
|
89.42%
|
87.02%
|
84.21%
|
87.15%
|
91.7%
|
90.88%
|
Dividend per Share
2 |
0.0500
|
0.0750
|
0.0800
|
0.1200
|
0.2000
|
0.2206
|
0.2892
|
0.3662
|
Announcement Date
|
12/02/20
|
16/02/21
|
16/02/22
|
16/02/23
|
15/02/24
|
-
|
-
|
-
|
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
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
266.9
|
279.1
|
307.8
|
331.8
|
356.9
|
370
|
404
|
416
|
451
|
467
|
508.4
|
535.8
|
579
|
601
|
646
|
EBITDA
1 |
112.4
|
119.5
|
132.3
|
179.5
|
162.2
|
178
|
197
|
229
|
228
|
230
|
263.3
|
320.1
|
313.6
|
327.8
|
343.7
|
EBIT
1 |
88.6
|
89.6
|
103.3
|
145.3
|
126.1
|
140
|
157
|
189
|
186
|
185
|
204.1
|
254.1
|
244.7
|
289
|
299
|
Operating Margin
|
33.2%
|
32.1%
|
33.56%
|
43.79%
|
35.33%
|
37.84%
|
38.86%
|
45.43%
|
41.24%
|
39.61%
|
40.14%
|
47.43%
|
42.26%
|
48.09%
|
46.28%
|
Earnings before Tax (EBT)
1 |
80.72
|
87.5
|
96.6
|
143.4
|
125.1
|
140
|
159
|
191
|
186
|
189
|
211.3
|
262.3
|
257.3
|
279
|
290
|
Net income
1 |
61.45
|
66.6
|
74.4
|
111.7
|
94
|
106
|
127
|
149
|
188
|
149
|
166
|
204.7
|
196.7
|
217
|
226
|
Net margin
|
23.02%
|
23.86%
|
24.17%
|
33.66%
|
26.34%
|
28.65%
|
31.44%
|
35.82%
|
41.69%
|
31.91%
|
32.65%
|
38.2%
|
33.97%
|
36.11%
|
34.98%
|
EPS
2 |
0.1010
|
0.1100
|
0.1200
|
0.1800
|
0.1500
|
0.1700
|
0.2100
|
0.2400
|
0.3100
|
0.2400
|
0.2725
|
0.3300
|
0.3150
|
0.3550
|
0.3700
|
Dividend per Share
2 |
-
|
-
|
0.0800
|
-
|
-
|
-
|
-
|
-
|
0.2000
|
-
|
0.2000
|
-
|
-
|
-
|
0.2500
|
Announcement Date
|
16/02/22
|
28/04/22
|
19/08/22
|
25/10/22
|
16/02/23
|
28/04/23
|
14/07/23
|
27/10/23
|
15/02/24
|
25/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
117
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
267
|
236
|
-
|
71.9
|
514
|
821
|
1,547
|
2,319
|
Leverage (Debt/EBITDA)
|
-
|
-
|
0.2899
x
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
138
|
178
|
216
|
302
|
480
|
616
|
831
|
1,068
|
ROE (net income / shareholders' equity)
|
60.5%
|
54.8%
|
33.2%
|
30.7%
|
37.3%
|
34.2%
|
33.6%
|
31.6%
|
ROA (Net income/ Total Assets)
|
-
|
-
|
16.6%
|
16.2%
|
23%
|
23.6%
|
23.9%
|
23.1%
|
Assets
1 |
-
|
-
|
1,451
|
2,137
|
2,477
|
2,994
|
3,801
|
5,082
|
Book Value Per Share
2 |
0.4700
|
0.7800
|
1.610
|
2.100
|
2.910
|
3.870
|
5.130
|
6.630
|
Cash Flow per Share
2 |
-
|
-
|
-
|
-
|
-
|
1.260
|
1.560
|
-
|
Capex
1 |
46.3
|
64.8
|
101
|
139
|
166
|
216
|
263
|
318
|
Capex / Sales
|
8.71%
|
9.35%
|
10.82%
|
10.91%
|
10.11%
|
10.31%
|
10.19%
|
10.01%
|
Announcement Date
|
12/02/20
|
16/02/21
|
16/02/22
|
16/02/23
|
15/02/24
|
-
|
-
|
-
|
Last Close Price
65.38
SEK Average target price
71.5
SEK Spread / Average Target +9.36% Consensus |
1st Jan change
|
Capi.
|
---|
| +6.50% | 3.63B | | +8.73% | 315B | | +20.69% | 210B | | +10.09% | 55.7B | | +4.40% | 30.86B | | -2.00% | 28.19B | | +21.02% | 19.08B | | +62.80% | 18.15B | | +10.13% | 14.31B | | -1.19% | 14.48B |
Enterprise Software
|