Addnode Group Valuation
Is ANOD B undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of ANOD B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ANOD B (SEK125.1) is trading below our estimate of fair value (SEK142.59)
Significantly Below Fair Value: ANOD B is trading below fair value, but not by a significant amount.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ANOD B?
Other financial metrics that can be useful for relative valuation.
| What is ANOD B's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | SEK 16.68b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.3x |
| Enterprise Value/EBITDA | 29.9x |
| PEG Ratio | 2.6x |
Price to Earnings Ratio vs Peers
How does ANOD B's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 23.2x | ||
KNOW Knowit | 23.4x | 27.1% | SEK 4.7b |
PACT Proact IT Group | 20.1x | 7.0% | SEK 4.1b |
EXS Exsitec Holding | 32.8x | 25.2% | SEK 2.3b |
PREV B Prevas | 16.3x | 11.7% | SEK 1.8b |
ANOD B Addnode Group | 56.5x | 21.4% | SEK 16.7b |
Price-To-Earnings vs Peers: ANOD B is expensive based on its Price-To-Earnings Ratio (56.5x) compared to the peer average (23.2x).
Price to Earnings Ratio vs Industry
How does ANOD B's PE Ratio compare vs other companies in the SE IT Industry?
Price-To-Earnings vs Industry: ANOD B is expensive based on its Price-To-Earnings Ratio (56.5x) compared to the European IT industry average (19.9x).
Price to Earnings Ratio vs Fair Ratio
What is ANOD B's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 56.5x |
| Fair PE Ratio | 39.1x |
Price-To-Earnings vs Fair Ratio: ANOD B is expensive based on its Price-To-Earnings Ratio (56.5x) compared to the estimated Fair Price-To-Earnings Ratio (39.1x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | SEK 125.10 | SEK 127.00 +1.5% | 7.2% | SEK 139.00 | SEK 117.00 | n/a | 3 |
| Jun ’25 | SEK 121.20 | SEK 123.50 +1.9% | 5.3% | SEK 130.00 | SEK 117.00 | n/a | 2 |
| May ’25 | SEK 114.60 | SEK 123.50 +7.8% | 5.3% | SEK 130.00 | SEK 117.00 | n/a | 2 |
| Apr ’25 | SEK 114.40 | SEK 117.00 +2.3% | 11.1% | SEK 130.00 | SEK 104.00 | n/a | 2 |
| Mar ’25 | SEK 109.20 | SEK 117.00 +7.1% | 11.1% | SEK 130.00 | SEK 104.00 | n/a | 2 |
| Feb ’25 | SEK 93.55 | SEK 109.50 +17.0% | 8.7% | SEK 119.00 | SEK 100.00 | n/a | 2 |
| Jan ’25 | SEK 85.30 | SEK 105.00 +23.1% | 4.8% | SEK 110.00 | SEK 100.00 | n/a | 2 |
| Dec ’24 | SEK 74.60 | SEK 108.00 +44.8% | 5.5% | SEK 114.00 | SEK 100.00 | n/a | 3 |
| Nov ’24 | SEK 67.00 | SEK 106.67 +59.2% | 5.4% | SEK 114.00 | SEK 100.00 | n/a | 3 |
| Oct ’24 | SEK 66.75 | SEK 110.00 +64.8% | 3.0% | SEK 114.00 | SEK 106.00 | n/a | 3 |
| Sep ’24 | SEK 73.90 | SEK 110.00 +48.8% | 3.0% | SEK 114.00 | SEK 106.00 | n/a | 3 |
| Aug ’24 | SEK 78.65 | SEK 110.00 +39.9% | 3.0% | SEK 114.00 | SEK 106.00 | n/a | 3 |
| Jul ’24 | SEK 83.50 | SEK 122.33 +46.5% | 12.0% | SEK 143.00 | SEK 110.00 | SEK 125.10 | 3 |
| Jun ’24 | SEK 118.10 | SEK 122.33 +3.6% | 12.0% | SEK 143.00 | SEK 110.00 | SEK 121.20 | 3 |
| May ’24 | SEK 130.10 | SEK 114.33 -12.1% | 13.1% | SEK 135.00 | SEK 100.00 | SEK 114.60 | 3 |
| Apr ’24 | SEK 124.70 | SEK 114.33 -8.3% | 13.1% | SEK 135.00 | SEK 100.00 | SEK 114.40 | 3 |
| Mar ’24 | SEK 119.50 | SEK 104.00 -13.0% | 3.8% | SEK 108.00 | SEK 100.00 | SEK 109.20 | 2 |
Analyst Forecast: Target price is less than 20% higher than the current share price.