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RaySearch Laboratories AB (publ)
STO:RAY B

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RaySearch Laboratories AB (publ) Logo
RaySearch Laboratories AB (publ)
STO:RAY B
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Price: 132.6 SEK 4.08% Market Closed
Updated: May 13, 2024

Relative Value

The Relative Value of one RAY B stock under the Base Case scenario is 205.15 SEK. Compared to the current market price of 132.6 SEK, RaySearch Laboratories AB (publ) is Undervalued by 35%.

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.

RAY B Relative Value
Base Case
205.15 SEK
Undervaluation 35%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
12
vs Industry
29
Median 3Y
3
Median 5Y
3.1
Industry
2.4
Forward
3.9
vs History
23
vs Industry
8
Median 3Y
-34.3
Median 5Y
-34.3
Industry
23.9
Forward
34.9
vs History
4
vs Industry
36
Median 3Y
7.6
Median 5Y
7.6
Industry
15.6
vs History
9
vs Industry
22
Median 3Y
7.7
Median 5Y
7
Industry
22.5
vs History
7
vs Industry
12
Median 3Y
3.6
Median 5Y
4.1
Industry
2.3
vs History
9
vs Industry
28
Median 3Y
3.3
Median 5Y
3.3
Industry
2.5
Forward
4
vs History
9
vs Industry
44
Median 3Y
3.6
Median 5Y
3.6
Industry
5.3
vs History
30
vs Industry
6
Median 3Y
27.7
Median 5Y
26.4
Industry
12.9
Forward
9.4
vs History
30
vs Industry
9
Median 3Y
27.7
Median 5Y
26.4
Industry
17.8
Forward
26.6
vs History
3
vs Industry
38
Median 3Y
8
Median 5Y
7.9
Industry
15.4
vs History
23
vs Industry
26
Median 3Y
9.7
Median 5Y
8.3
Industry
19.6
vs History
15
vs Industry
27
Median 3Y
1.8
Median 5Y
2.3
Industry
2

Multiples Across Competitors

RAY B Competitors Multiples
RaySearch Laboratories AB (publ) Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
SE
RaySearch Laboratories AB (publ)
STO:RAY B
4.5B SEK 4.4 55.7 40.3 40.3
US
Veeva Systems Inc
NYSE:VEEV
32.9B USD 13.9 62.5 62.7 67.5
US
Cerner Corp
NASDAQ:CERN
27.9B USD 4.8 47.3 19.6 38.6
US
Change Healthcare Inc
NASDAQ:CHNG
9B USD 2.6 -116.8 16.5 111.6
AU
Pro Medicus Ltd
ASX:PME
11.8B AUD 81 169.8 116.8 116.8
JP
M3 Inc
TSE:2413
1.1T JPY 4.7 23.9 12.4 13.9
US
Inspire Medical Systems Inc
NYSE:INSP
4.8B USD 7.3 -306.7 -130.7 -119.4
US
Doximity Inc
NYSE:DOCS
4.3B USD 9.2 31.4 20.9 22.3
SE
Sectra AB
STO:SECT B
45.2B SEK 27.6 106.5 -70.1 -70.1
US
Vocera Communications Inc
NYSE:VCRA
2.8B USD 11.7 -324 264.4 4 233.4
US
Evolent Health Inc
NYSE:EVH
2.7B USD 1.4 -19.3 23.1 245.7
P/E Multiple
Earnings Growth
SE
RaySearch Laboratories AB (publ)
STO:RAY B
Average P/E: 71
55.7
162%
US
Veeva Systems Inc
NYSE:VEEV
62.5
139%
US
Cerner Corp
NASDAQ:CERN
47.3
N/A
US
Change Healthcare Inc
NASDAQ:CHNG
Negative Multiple: -116.8 N/A
AU
Pro Medicus Ltd
ASX:PME
169.8
119%
JP
M3 Inc
TSE:2413
23.9
26%
US
Inspire Medical Systems Inc
NYSE:INSP
Negative Multiple: -306.7 N/A
US
Doximity Inc
NYSE:DOCS
31.4
79%
SE
Sectra AB
STO:SECT B
106.5
56%
US
Vocera Communications Inc
NYSE:VCRA
Negative Multiple: -324 N/A
US
Evolent Health Inc
NYSE:EVH
Negative Multiple: -19.3 N/A

See Also

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