Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Discount Rate | 10.8% - 9.8% | 10.3% |
| Perpetuity Growth Rate | 1.0% - 2.0% | 1.5% |
| Fair Value | kr1.79 - kr2.32 | kr2.02 |
| Upside | -58.9% - -46.8% | -53.6% |
| Select Revenue and EBITDA Forecast | |||||||
| (SEK in millions) | Input Projections | ||||||
| Fiscal Years Ending | Dec-24 | Dec-25 | Dec-26 | Dec-27 | Dec-28 | Dec-29 | |
| Revenue | 192 | 233 | 270 | 305 | 328 | 339 | |
| % Growth | 19.3% | 21.6% | 15.9% | 13.0% | 7.5% | 3.5% | |
| EBITDA | -13 | 50 | 76 | 96 | 123 | 135 | |
| % of Revenue | -6.7% | 21.5% | 28.1% | 31.5% | 37.5% | 39.8% | |
| Calculation of Free Cash Flow | |||||||
| Projected Unlevered Cash Flow | |||||||
| (SEK in millions) | Dec-25 | Dec-26 | Dec-27 | Dec-28 | Dec-29 | Terminal | |
| EBITDA | 50 | 76 | 96 | 123 | 135 | 135 | |
| Other Income / (Exp) | 0 | 0 | 0 | 0 | 0 | 0 | |
| D&A | (43) | (47) | (47) | (51) | (52) | (50) | |
| EBIT | 7 | 29 | 49 | 72 | 83 | 85 | |
| Pro forma Taxes | (1) | (3) | (5) | (8) | (9) | (9) | |
| NOPAT | (12) | 6 | 26 | 44 | 65 | 74 | 75 |
| Capital Expenditures | (1) | (40) | (41) | (41) | (48) | (53) | (53) |
| NWC Investment | 13 | 17 | 16 | 15 | 10 | 5 | 2 |
| (+) D&A | 0 | 43 | 47 | 47 | 51 | 52 | 50 |
| Free Cash Flow | 1 | 27 | 47 | 64 | 77 | 78 | 75 |
| % Growth | 2835% | 78% | 36% | 19% | 1% | -4% | |