Company Valuation: aXichem AB

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 779 406.8 229 86.2 80.1 122.4
Change - -47.78% -43.7% -62.36% -7.08% 52.77%
Enterprise Value (EV) 1 767 397.3 241.2 92.16 65.74 124
Change - -48.2% -39.29% -61.8% -28.67% 88.64%
P/E -57.6x -26.6x -13.3x -3.89x -2.93x -6.9x
PBR 14.5x 7.23x 5.68x 1.78x 1.14x 2.32x
PEG - -2.98x -1x 2.98x 0.1x 0.2x
Capitalization / Revenue 635x 93.3x 45.7x 47.7x 9.35x 6.63x
EV / Revenue 625x 91.1x 48.2x 50.9x 7.67x 6.72x
EV / EBITDA -63.9x -29.4x -19.4x -6.1x -4.88x -8.26x
EV / EBIT -56.8x -26.4x -16.6x -5.32x -4.15x -7.09x
EV / FCF -55.3x -27x -14.7x -6.17x -5.29x -12.7x
FCF Yield -1.81% -3.7% -6.82% -16.2% -18.9% -7.84%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.8483 -0.924 -1.044 -1.03 -0.4623 -0.3
Distribution rate - - - - - -
Net sales 1 1.227 4.362 5.007 1.809 8.57 18.45
EBITDA 1 -12.01 -13.51 -12.44 -15.1 -13.48 -15.02
EBIT 1 -13.51 -15.07 -14.54 -17.32 -15.83 -17.49
Net income 1 -13.51 -15.09 -17.26 -20.81 -17.81 -17.63
Net Debt 1 -12.04 -9.454 12.21 5.959 -14.36 1.644
Reference price 2 48.900 24.600 13.850 4.010 1.355 2.070
Nbr of stocks (in thousands) 15,931 16,536 16,536 21,496 59,115 59,115
Announcement Date 7/5/21 10/5/22 26/5/23 29/5/24 28/5/25 10/6/26
1SEK in Million2SEK
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 25.42M
35.55x6.52x17.33x1.79% 30.26B
38.57x - - - 4.86B
25.83x2.25x9.69x2.36% 1.66B
18.54x - - - 569M
16.62x3.09x10.07x2.29% 84.03M
Average 27.02x 3.95x 12.36x 2.15% 6.24B
Weighted average by Cap. 35.21x 6.29x 16.91x 1.82%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA