How does DEDIS's PE Ratio compare to its peers?

DEDIS is good value based on its Price-To-Earnings Ratio (8.3x) compared to the peer average (38.5x).

How does DEDIS's PE Ratio compare vs other companies in the European Healthcare Industry?

DEDIS is good value based on its Price-To-Earnings Ratio (8.3x) compared to the European Healthcare industry average (17.1x).

What is DEDIS'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.

Insufficient data to calculate DEDIS's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of DEDIS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

DEDIS (SEK109.8) is trading below our estimate of [[fair value]] (SEK349.87)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

DEDIS Stock Overview

Operates as a recruitment and staffing company in the healthcare, life science, and social work industry in Sweden, Norway, Finland, the United Kingdom, and Denmark. More details

DEDIS fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	4/6
Financial Health	5/6
Dividends	5/6

Rewards

Trading at 68.6% below our estimate of its fair value

Earnings are forecast to grow 7.5% per year

Earnings grew by 21.1% over the past year

Risk Analysis

Shares are highly illiquid

Does not have a meaningful market cap (SEK842M)

Significant insider selling over the past 3 months

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Dedicare AB (publ) Competitors

Kooth

AIM:KOO

UK£65.7m

Integrated Diagnostics Holdings

LSE:IDHC

US$255.5m

PHSC

AIM:PHSC

UK£2.2m

Instem

AIM:INS

UK£199.6m

Price History & Performance

Summary of share price highs, lows and changes for Dedicare
Historical stock prices
Current Share Price	SEK 109.80
52 Week High	SEK 131.80
52 Week Low	SEK 109.80
Beta	0.81
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	188.95%
5 Year Change	85.47%
Change since IPO	173.13%

Recent updates

Shareholder Returns

	DEDIS	GB Healthcare	GB Market
7D	0%	-0.05%	-0.6%
1Y	n/a	-25.9%	3.1%

Return vs Industry: Insufficient data to determine how DEDIS performed against the UK Healthcare industry.

Return vs Market: Insufficient data to determine how DEDIS performed against the UK Market.

Price Volatility

Is DEDIS's price volatile compared to industry and market?
DEDIS volatility
DEDIS Average Weekly Movement	n/a
Healthcare Industry Average Movement	5.0%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.6%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: DEDIS has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine DEDIS's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1995	1,164	Krister Widstrom	www.dedicare.se

Dedicare AB (publ) operates as a staffing and recruitment company in the healthcare industry in Sweden, Norway, Finland, and Denmark. The company recruits and contracts doctors, nurses, social workers, sociologists, psychologists, preschool staff, and life science specialists. It provides individual staffing, as well as department, unit, or operations team staffing services.

Dedicare AB (publ) Fundamentals Summary

How do Dedicare's earnings and revenue compare to its market cap?
DEDIS fundamental statistics
Market cap	SEK 841.51m
Earnings (TTM)	SEK 101.60m
Revenue (TTM)	SEK 1.94b

8.3x

P/E Ratio

0.4x

P/S Ratio

Is DEDIS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DEDIS income statement (TTM)
Revenue	SEK 1.94b
Cost of Revenue	SEK 1.58b
Gross Profit	SEK 358.60m
Other Expenses	SEK 257.01m
Earnings	SEK 101.60m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	10.62
Gross Margin	18.51%
Net Profit Margin	5.25%
Debt/Equity Ratio	33.3%

How did DEDIS perform over the long term?

See historical performance and comparison

Dividends

6.8%

Current Dividend Yield

56%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/09/05 23:46
End of Day Share Price	2023/06/08 00:00
Earnings	2023/06/30
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Dedicare AB (publ) is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Stefan Knutsson	ABG Sundal Collier Sponsored
Rebecka Gärderup	ABG Sundal Collier Sponsored
Stefan Erik Andersson	SEB