Company Valuation: Paradox Interactive AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 18,850 22,412 23,807 21,694 17,174 15,104 - -
Change - 18.9% 6.22% -8.87% -20.83% -12.05% - -
Enterprise Value (EV) 1 18,419 22,412 22,587 20,259 15,964 13,975 13,753 13,506
Change - 21.68% 0.78% -10.31% -21.2% -12.46% -1.59% -1.79%
P/E 76.3x 31.7x 45.2x 37.1x 138x 26.3x 22.1x 19.6x
PBR 11.3x - 9.09x 7.46x 6.87x 6.51x 5.77x 5.12x
PEG - 0x -1.8x 3.4x -1.8x 0x 1.2x 1.5x
Capitalization / Revenue 13x 11.4x 9.01x 9.86x 7.84x 7.05x 6.32x 5.98x
EV / Revenue 12.7x 11.4x 8.55x 9.2x 7.28x 6.52x 5.75x 5.35x
EV / EBITDA 20.5x 16.5x 13.7x 14.1x 12x 10.6x 9.29x 8.44x
EV / EBIT 59.9x 25.3x 34.3x 28.1x 109x 19.4x 15.8x 13.7x
EV / FCF -1,455x - 30.3x 38.9x 27.5x 22.7x 18.5x 16.9x
FCF Yield -0.07% - 3.3% 2.57% 3.64% 4.41% 5.4% 5.91%
Dividend per Share 2 1 - 3 3 5 5.266 5.64 5.96
Rate of return 0.56% - 1.33% 1.46% 3.08% 3.56% 3.81% 4.03%
EPS 2 2.34 6.7 4.99 5.53 1.18 5.621 6.677 7.556
Distribution rate 42.7% - 60.1% 54.2% 424% 93.7% 84.5% 78.9%
Net sales 1 1,448 1,973 2,642 2,201 2,192 2,143 2,391 2,525
EBITDA 1 897.3 1,361 1,648 1,432 1,326 1,324 1,481 1,600
EBIT 1 307.5 887.1 657.9 721.4 146 719.7 868.4 983.9
Net income 1 247.8 708.7 530.6 584.6 125.5 589.8 712.1 817.5
Net Debt 1 -430.8 - -1,219 -1,435 -1,210 -1,129 -1,352 -1,598
Reference price 2 178.50 212.20 225.40 205.40 162.60 147.90 147.90 147.90
Nbr of stocks (in thousands) 1,05,600 1,05,619 1,05,619 1,05,619 1,05,623 1,05,623 - -
Announcement Date 22/02/22 07/02/23 06/02/24 06/02/25 29/01/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.77x4.26x8.9x-.--% 11TCr
19.98x12.74x15.18x-.--% 10TCr
27.82x5.74x13.88x-.--% 4.96TCr
36.04x4.52x13.5x-.--% 4.99TCr
16.81x5.99x15.3x0.85% 4.18TCr
16.85x6.47x13.22x-.--% 1.63TCr
24.69x2.26x13.05x-.--% 1.39TCr
27.57x - - 3.53% 1.11TCr
75.49x4.59x18.76x-.--% 990.9Cr
Average 29.00x 5.82x 13.97x 0.49% 4.57TCr
Weighted average by Cap. 22.97x 6.91x 12.97x 0.18%

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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