Lime Technologies AB (publ)

OM:LIME Stock Report

Market Cap: SEK 5.0b

Lime Technologies Valuation

Is LIME undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation 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 LIME when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
SEK 398.40
Fair Value
5.1% undervalued intrinsic discount
4
Number of Analysts

Below Fair Value: LIME (SEK378) is trading below our estimate of fair value (SEK398.4)

Significantly Below Fair Value: LIME 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 LIME?

Key metric: As LIME is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for LIME. This is calculated by dividing LIME's market cap by their current earnings.
What is LIME's PE Ratio?
PE Ratio56.2x
EarningsSEK 89.39m
Market CapSEK 5.02b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for LIME vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average46.6x
VERT B Vertiseit
46.1x33.4%SEK 1.9b
IAR B IAR Systems Group
13.3x-17.4%SEK 1.8b
TRUE B Truecaller
48.1x26.6%SEK 23.6b
FPIP Formpipe Software
78.7x46.3%SEK 1.3b
LIME Lime Technologies
56.2x23.5%SEK 5.0b

Price-To-Earnings vs Peers: LIME is expensive based on its Price-To-Earnings Ratio (56.2x) compared to the peer average (46.6x).


Price to Earnings Ratio vs Industry

How does LIME's PE Ratio compare vs other companies in the SE Software Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
SPEONE SpectrumOne
1.6xn/aUS$9.27m
No more companies available in this PE range
LIME 56.2xIndustry Avg. 39.9xNo. of Companies3PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LIME is expensive based on its Price-To-Earnings Ratio (56.2x) compared to the Swedish Software industry average (39.9x).


Price to Earnings Ratio vs Fair Ratio

What is LIME'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.

LIME PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio56.2x
Fair PE Ratio31.2x

Price-To-Earnings vs Fair Ratio: LIME is expensive based on its Price-To-Earnings Ratio (56.2x) compared to the estimated Fair Price-To-Earnings Ratio (31.2x).


Analyst Price Targets

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

The above table shows the analyst LIME forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 378.00
SEK 387.00
+2.4%
7.5%SEK 418.00SEK 345.00n/a4
Feb ’26SEK 350.00
SEK 360.50
+3.0%
7.5%SEK 407.00SEK 340.00n/a4
Jan ’26SEK 368.50
SEK 360.50
-2.2%
7.5%SEK 407.00SEK 340.00n/a4
Dec ’25SEK 373.50
SEK 359.25
-3.8%
6.9%SEK 402.00SEK 340.00n/a4
Nov ’25SEK 335.00
SEK 360.50
+7.6%
6.7%SEK 402.00SEK 340.00n/a4
Oct ’25SEK 348.00
SEK 363.75
+4.5%
6.8%SEK 405.00SEK 340.00n/a4
Sep ’25SEK 332.50
SEK 353.33
+6.3%
3.5%SEK 370.00SEK 340.00n/a3
Aug ’25SEK 363.50
SEK 353.33
-2.8%
3.5%SEK 370.00SEK 340.00n/a3
Jul ’25SEK 341.00
SEK 353.33
+3.6%
3.5%SEK 370.00SEK 340.00n/a3
Jun ’25SEK 340.50
SEK 350.67
+3.0%
3.9%SEK 370.00SEK 340.00n/a3
May ’25SEK 352.00
SEK 341.00
-3.1%
0.3%SEK 342.00SEK 340.00n/a2
Apr ’25SEK 377.00
SEK 343.50
-8.9%
0.4%SEK 345.00SEK 342.00n/a2
Mar ’25SEK 339.50
SEK 330.00
-2.8%
4.5%SEK 345.00SEK 315.00n/a2
Feb ’25SEK 339.00
SEK 312.50
-7.8%
0.8%SEK 315.00SEK 310.00SEK 350.002
Jan ’25SEK 296.50
SEK 312.50
+5.4%
0.8%SEK 315.00SEK 310.00SEK 368.502
Dec ’24SEK 287.50
SEK 312.50
+8.7%
0.8%SEK 315.00SEK 310.00SEK 373.502
Nov ’24SEK 273.50
SEK 307.50
+12.4%
0.8%SEK 310.00SEK 305.00SEK 335.002
Oct ’24SEK 262.00
SEK 302.50
+15.5%
0.8%SEK 305.00SEK 300.00SEK 348.002
Sep ’24SEK 261.50
SEK 302.50
+15.7%
0.8%SEK 305.00SEK 300.00SEK 332.502
Aug ’24SEK 279.50
SEK 302.50
+8.2%
0.8%SEK 305.00SEK 300.00SEK 363.502
Jul ’24SEK 273.50
SEK 287.50
+5.1%
4.3%SEK 300.00SEK 275.00SEK 341.002
Jun ’24SEK 292.50
SEK 287.50
-1.7%
4.3%SEK 300.00SEK 275.00SEK 340.502
May ’24SEK 254.00
SEK 274.50
+8.1%
9.3%SEK 300.00SEK 249.00SEK 352.002
Apr ’24SEK 230.60
SEK 274.50
+19.0%
9.3%SEK 300.00SEK 249.00SEK 377.002
Mar ’24SEK 261.00
SEK 272.50
+4.4%
10.1%SEK 300.00SEK 245.00SEK 339.502
Feb ’24SEK 227.00
SEK 268.00
+18.1%
11.9%SEK 300.00SEK 236.00SEK 339.002
Analyst Price Target
Consensus Narrative from 4 Analysts
SEK 387.00
Fair Value
2.3% undervalued intrinsic discount
4
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/16 13:00
End of Day Share Price 2025/02/14 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Lime Technologies AB (publ) is covered by 3 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stefan GauffinDNB Markets
Viktor LindströmNordea Markets
Georg AttlingPareto Securities