Company Valuation: Netel Holding AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025
Market Cap 1 2,139 1,633 713.1 644.2 241.1
Change - -23.67% -56.32% -9.66% -62.58%
Enterprise Value (EV) 1 2,457 2,354 1,323 1,389 1,155
Change - -4.2% -43.79% 5% -16.85%
P/E 24.7x 13.2x 16.2x -13.7x -2.06x
PBR 2.35x 1.48x 0.63x 0.59x 0.25x
PEG 1x 0.3x -0.3x 0x -0x
Capitalization / Revenue 0.88x 0.52x 0.21x 0.2x 0.08x
EV / Revenue 1.02x 0.75x 0.38x 0.42x 0.4x
EV / EBITDA 17.3x 11.7x 8.82x 8.58x 1,155x
EV / EBIT 18.3x 12.5x 10.1x 9.58x -88.9x
EV / FCF - - - - -
FCF Yield - - - - -
Dividend per Share 2 - - - - -
Rate of return - - - - -
EPS 2 1.857 2.577 0.9076 -0.9688 -2.412
Distribution rate - - - - -
Net sales 1 2,417 3,141 3,459 3,284 2,915
EBITDA 1 142 202 150 162 1
EBIT 1 134 189 131 145 -13
Net income 1 66 123 44 -47 -117
Net Debt 1 318 721 610 745 914
Reference price 2 45.800 34.000 14.700 13.280 4.970
Nbr of stocks (in thousands) 46,704 48,022 48,512 48,512 48,512
Announcement Date 11/04/22 04/04/23 04/04/24 04/04/25 07/04/26
1SEK in Million2SEK
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 1.69Cr
61.04x2.75x26.33x0.06% 10TCr
13.97x1.17x6.38x4.19% 8.09TCr
36.64x4.62x25.1x0.18% 6.24TCr
26.66x2.05x20.18x1.15% 5.79TCr
54.73x4.68x29.4x1.53% 4.79TCr
31.02x0.76x12.6x1.99% 3.85TCr
25.03x1.71x15.8x0.18% 3.62TCr
26.02x0.53x8.37x2.27% 3.54TCr
4.64x0.3x5.79x6.15% 2.84TCr
Average 31.08x 2.06x 16.66x 1.97% 4.92TCr
Weighted average by Cap. 34.76x 2.30x 18.14x 1.7%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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