C

Codelab Capital AS
OSE:CODE

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Codelab Capital AS
OSE:CODE
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Price: 2.6 NOK 5.69%
Market Cap: kr37.6m

EV/EBIT

0.3
Current
40%
Cheaper
vs 3-y median of 0.5

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
0.3
=
Enterprise Value
kr44.1m
/
EBIT
kr31.9m

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
0.3
=
Enterprise Value
kr44.1m
/
EBIT
kr31.9m

Valuation Scenarios

Codelab Capital AS is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (0.5), the stock would be worth kr4.3 (65% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-90%
Maximum Upside
+8 403%
Average Upside
3 288%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 0.3 kr2.6
0%
3-Year Average 0.5 kr4.3
+65%
5-Year Average 0 kr0.27
-90%
Industry Average 23.4 kr221.08
+8 403%
Country Average 13.4 kr126.66
+4 771%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
kr44.1m
/
Apr 2024
kr31.9m
=
0.3
Current
kr44.1m
/
Dec 2024
kr-44.9m
=
-1
Forward
kr44.1m
/
Dec 2025
kr52.3m
=
0.8
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
NO
Codelab Capital AS
OSE:CODE
37.6m NOK 0.3 4.1
US
Cerner Corp
LSE:0R00
31.3B USD 43.2 53.1
US
Veeva Systems Inc
NYSE:VEEV
28.8B USD 23.5 31.7
AU
Pro Medicus Ltd
ASX:PME
12B AUD 64.4 52.1
JP
M3 Inc
TSE:2413
1.1T JPY 13.1 21.9
SE
Sectra AB
STO:SECT B
43B SEK -110.4 80.1
US
Waystar Holding Corp
NASDAQ:WAY
4.5B USD 21.9 39.2
US
Doximity Inc
NYSE:DOCS
4.4B USD 15.3 18.4
US
Vocera Communications Inc
F:V00
2.4B EUR 4 290.1 -328
CN
Winning Health Technology Group Co Ltd
SZSE:300253
18.7B CNY -120.1 -60.7
IN
Inventurus Knowledge Solutions Ltd
NSE:IKS
227.9B INR 25.5 34.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NO
C
Codelab Capital AS
OSE:CODE
Average EV/EBIT: 499.7
0.3
N/A N/A
US
C
Cerner Corp
LSE:0R00
43.2
N/A N/A
US
Veeva Systems Inc
NYSE:VEEV
23.5
28%
0.8
AU
Pro Medicus Ltd
ASX:PME
64.4
27%
2.4
JP
M3 Inc
TSE:2413
13.1
N/A N/A
SE
Sectra AB
STO:SECT B
Negative Multiple: -110.4 N/A N/A
US
W
Waystar Holding Corp
NASDAQ:WAY
21.9
32%
0.7
US
Doximity Inc
NYSE:DOCS
15.3
22%
0.7
US
V
Vocera Communications Inc
F:V00
4 290.1
N/A N/A
CN
Winning Health Technology Group Co Ltd
SZSE:300253
Negative Multiple: -120.1
47%
N/A
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
25.5
N/A N/A
P/E Multiple
Earnings Growth PEG
NO
C
Codelab Capital AS
OSE:CODE
Average P/E: 37.2
4.1
N/A N/A
US
C
Cerner Corp
LSE:0R00
53.1
N/A N/A
US
Veeva Systems Inc
NYSE:VEEV
31.7
26%
1.2
AU
Pro Medicus Ltd
ASX:PME
52.1
30%
1.7
JP
M3 Inc
TSE:2413
21.9
16%
1.4
SE
Sectra AB
STO:SECT B
80.1
17%
4.7
US
W
Waystar Holding Corp
NASDAQ:WAY
39.2
55%
0.7
US
Doximity Inc
NYSE:DOCS
18.4
15%
1.2
US
V
Vocera Communications Inc
F:V00
Negative Multiple: -328 N/A N/A
CN
Winning Health Technology Group Co Ltd
SZSE:300253
Negative Multiple: -60.7
69%
N/A
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
34.4
N/A N/A

Market Distribution

Lower than 96% of companies in Norway
Percentile
4rd
Based on 487 companies
4rd percentile
0.3
Low
0.2 — 3.6
Typical Range
3.6 — 22.2
High
22.2 —
Distribution Statistics
Norway
Min 0.2
30th Percentile 3.6
Median 13.4
70th Percentile 22.2
Max 40 612.5

Codelab Capital AS
Glance View

Market Cap
37.6m NOK
Industry
Health Care

CodeLab Capital AS operates as a cloud based SaaS (Software as a Service), PaaS (Platform asa Service) and IaaS (Infrastructure as a Service) company. The company is headquartered in Oslo, Oslo and currently employs 200 full-time employees. The company went IPO on 2020-10-23. The firm is developing eHealth solutions for global healthcare and offers both Software-as-aService (SaaS), Platform-as-a-Service (PaaS) and Value-Added Services (VAS) solutions to healthcare providers and their patients. The firm's main products are the PatientSky 360 Platform, electronic health record systems and medication modules. The PatientSky 360 Platform is the core of the group's business, and is a platform that provides all the necessary building blocks for internally and partner developed modules of scalable healthcare software.

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