Note AB (publ)
STO:NOTE

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Note AB (publ)
STO:NOTE
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Price: 167.7 SEK 2.26%
Market Cap: 4.9B SEK

Relative Value

The Relative Value of one NOTE stock under the Base Case scenario is hidden SEK. Compared to the current market price of 167.7 SEK, Note AB (publ) is hidden .

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NOTE Relative Value
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Worst Case
Base Case
Best Case

Valuation Multiples

vs History
47
vs Industry
52
Median 3Y
1.2
Median 5Y
1.2
Industry
1.7
Forward
1.2
vs History
46
vs Industry
35
Median 3Y
18.3
Median 5Y
18.5
Industry
22.1
Forward
15.2
vs History
68
vs Industry
47
Median 3Y
8.3
Median 5Y
8.3
Industry
14.8
vs History
68
vs Industry
42
Median 3Y
11.8
Median 5Y
11.8
Industry
20.5
vs History
73
vs Industry
26
Median 3Y
3.2
Median 5Y
3.6
Industry
2
vs History
52
vs Industry
53
Median 3Y
1.1
Median 5Y
1.2
Industry
1.8
Forward
1.1
vs History
57
vs Industry
35
Median 3Y
8.8
Median 5Y
9
Industry
7.1
vs History
52
vs Industry
42
Median 3Y
9.3
Median 5Y
9.9
Industry
14.2
Forward
8.3
vs History
47
vs Industry
39
Median 3Y
12.6
Median 5Y
12.7
Industry
17.7
Forward
11.1
vs History
68
vs Industry
47
Median 3Y
8.2
Median 5Y
8.2
Industry
14.4
vs History
68
vs Industry
39
Median 3Y
8.7
Median 5Y
8.7
Industry
17.3
vs History
60
vs Industry
32
Median 3Y
2
Median 5Y
2.3
Industry
1.6

Multiples Across Competitors

NOTE Competitors Multiples
Note AB (publ) Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
SE
Note AB (publ)
STO:NOTE
4.8B SEK 1.2 19.2 9.7 13.1
TW
Hon Hai Precision Industry Co Ltd
TWSE:2317
2.1T TWD 0.3 12.4 6.1 8.7
CN
Foxconn Industrial Internet Co Ltd
SSE:601138
413.5B CNY 0.6 17 13.8 13.8
CH
TE Connectivity Ltd
NYSE:TEL
48.7B USD 3 35 12.7 16.1
US
Jabil Inc
NYSE:JBL
22B USD 0.8 38.1 10.9 17.2
SG
Flex Ltd
NASDAQ:FLEX
17.4B USD 0.7 20.8 9.8 14.1
CA
Celestica Inc
TSX:CLS
21.7B CAD 1.6 37.6 22.1 27.5
CN
Goertek Inc
SZSE:002241
80B CNY 0.8 29.1 29.3 29.3
KY
Fabrinet
NYSE:FN
9.5B USD 2.9 29.2 23.7 27.6
TW
FIH Mobile Ltd
F:FW3
7.3B EUR 1.5 -412.1 45.6 392
CN
AAC Technologies Holdings Inc
HKEX:2018
46.7B HKD 1.6 23.8 8 19.2
P/E Multiple
Earnings Growth PEG
SE
Note AB (publ)
STO:NOTE
Average P/E: 26.2
19.2
19%
1
TW
Hon Hai Precision Industry Co Ltd
TWSE:2317
12.4
19%
0.7
CN
Foxconn Industrial Internet Co Ltd
SSE:601138
17
20%
0.9
CH
TE Connectivity Ltd
NYSE:TEL
35
-3%
N/A
US
Jabil Inc
NYSE:JBL
38.1
-3%
N/A
SG
Flex Ltd
NASDAQ:FLEX
20.8
N/A N/A
CA
Celestica Inc
TSX:CLS
37.6
24%
1.6
CN
Goertek Inc
SZSE:002241
29.1
23%
1.3
KY
Fabrinet
NYSE:FN
29.2
19%
1.5
TW
FIH Mobile Ltd
F:FW3
Negative Multiple: -412.1 N/A N/A
CN
AAC Technologies Holdings Inc
HKEX:2018
23.8
21%
1.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SE
Note AB (publ)
STO:NOTE
Average EV/EBITDA: 17.4
9.7
10%
1
TW
Hon Hai Precision Industry Co Ltd
TWSE:2317
6.1
17%
0.4
CN
Foxconn Industrial Internet Co Ltd
SSE:601138
13.8
26%
0.5
CH
TE Connectivity Ltd
NYSE:TEL
12.7
7%
1.8
US
Jabil Inc
NYSE:JBL
10.9
5%
2.2
SG
Flex Ltd
NASDAQ:FLEX
9.8
9%
1.1
CA
Celestica Inc
TSX:CLS
22.1
17%
1.3
CN
Goertek Inc
SZSE:002241
29.3
38%
0.8
KY
Fabrinet
NYSE:FN
23.7
19%
1.2
TW
FIH Mobile Ltd
F:FW3
45.6
N/A N/A
CN
AAC Technologies Holdings Inc
HKEX:2018
8
11%
0.7