Company Valuation: HMS Networks AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 26,037 15,840 23,207 21,766 21,027 25,800 - -
Change - -39.16% 46.51% -6.21% -3.39% 22.7% - -
Enterprise Value (EV) 1 26,384 16,140 23,496 25,059 23,381 27,719 27,196 26,579
Change - -38.83% 45.58% 6.65% -6.7% 18.55% -1.89% -2.27%
P/E 73.7x 31.2x 40.8x 68.4x 48.4x 37.1x 30.9x 27.4x
PBR 129x 10.4x 13.2x 7.81x 6.13x 6.5x 5.71x 5.02x
PEG - 0.7x 3.4x -1.4x 1.3x 0.6x 1.6x 2.2x
Capitalization / Revenue 13.2x 6.32x 7.67x 7.12x 5.88x 6.37x 5.72x 5.32x
EV / Revenue 13.4x 6.44x 7.77x 8.19x 6.54x 6.84x 6.03x 5.48x
EV / EBITDA 48.1x 21.2x 26.8x 31.5x 22x 22.3x 19.6x 17.7x
EV / EBIT 59.2x 24.7x 31.2x 49.8x 30.7x 28.5x 24.3x 21.5x
EV / FCF 64.7x 248x 52.8x 53.2x 31.4x 41.9x 32.2x 27.3x
FCF Yield 1.55% 0.4% 1.89% 1.88% 3.18% 2.39% 3.11% 3.67%
Dividend per Share 2 3 4 4.4 4.4 4.8 5.618 6.336 7.052
Rate of return 0.54% 1.18% 0.88% 1.01% 1.15% 1.09% 1.23% 1.37%
EPS 2 7.57 10.89 12.19 6.34 8.66 13.87 16.63 18.73
Distribution rate 39.6% 36.7% 36.1% 69.4% 55.4% 40.5% 38.1% 37.6%
Net sales 1 1,972 2,506 3,025 3,059 3,577 4,053 4,511 4,851
EBITDA 1 548 760 877 796 1,064 1,240 1,388 1,506
EBIT 1 446 653 753 503 762 972.3 1,117 1,236
Net income 1 355 508 571 310 435 697.7 836.6 942
Net Debt 1 347 300 289 3,293 2,354 1,919 1,396 779.2
Reference price 2 558.00 339.60 497.40 433.80 419.00 514.00 514.00 514.00
Nbr of stocks (in thousands) 46,661 46,643 46,656 50,175 50,184 50,194 - -
Announcement Date 26/1/22 26/1/23 26/1/24 28/1/25 27/1/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.74x7.65x19.76x1.39% 469B
25.14x1x18.1x1.86% 225B
49.16x15.33x38.58x0.22% 217B
49.12x16.66x34.89x-.--% 208B
48.61x3.13x20.22x1.23% 77.81B
29.93x5.7x16.69x1.2% 65.9B
93.12x10.85x50.07x-.--% 68.61B
174.51x22.46x65.95x-.--% 67.06B
24.83x5.36x18.54x1.75% 45.4B
Average 59.02x 9.79x 31.42x 0.85% 160.44B
Weighted average by Cap. 47.62x 9.51x 27.94x 0.95%

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