Note AB (publ)
STO:NOTE

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Note AB (publ)
STO:NOTE
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Price: 131.5 SEK -2.38% Market Closed
Market Cap: 3.8B SEK
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Relative Value

The Relative Value of one NOTE stock under the Base Case scenario is 258.6 SEK. Compared to the current market price of 131.5 SEK, Note AB (publ) is Undervalued by 49%.

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
Base Case
258.6 SEK
Undervaluation 49%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
61
vs Industry
59
Median 3Y
1.4
Median 5Y
1.1
Industry
1.8
Forward
1
vs History
58
vs Industry
45
Median 3Y
20.8
Median 5Y
17.1
Industry
23
Forward
15.1
vs History
71
vs Industry
37
Median 3Y
11.8
Median 5Y
11.5
Industry
14.6
vs History
71
vs Industry
37
Median 3Y
17.6
Median 5Y
17.3
Industry
20.1
vs History
84
vs Industry
24
Median 3Y
4.7
Median 5Y
3.6
Industry
2
vs History
65
vs Industry
59
Median 3Y
1.4
Median 5Y
1.1
Industry
1.8
Forward
0.9
vs History
65
vs Industry
36
Median 3Y
11.1
Median 5Y
8.9
Industry
7.5
vs History
65
vs Industry
47
Median 3Y
12.3
Median 5Y
9.7
Industry
14.9
Forward
7.7
vs History
61
vs Industry
46
Median 3Y
15.6
Median 5Y
12.7
Industry
18.5
Forward
10.5
vs History
71
vs Industry
36
Median 3Y
11.7
Median 5Y
11.6
Industry
14.3
vs History
71
vs Industry
32
Median 3Y
11.7
Median 5Y
12.3
Industry
17.4
vs History
77
vs Industry
37
Median 3Y
2.7
Median 5Y
2.3
Industry
1.6

Multiples Across Competitors

NOTE Competitors Multiples
Note 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
Note AB (publ)
STO:NOTE
3.7B SEK 0.9 14.1 7.6 10.1
TW
Hon Hai Precision Industry Co Ltd
TWSE:2317
3T TWD 0.5 19.3 9.8 14.4
CN
Foxconn Industrial Internet Co Ltd
SSE:601138
511B CNY 1 22.6 19.5 19.5
CH
TE Connectivity Ltd
NYSE:TEL
46B USD 2.9 14.4 12.6 16.1
SG
Flex Ltd
NASDAQ:FLEX
15.2B USD 0.3 9.7 6.1 7.7
US
Jabil Inc
NYSE:JBL
15.1B USD 0.5 10.9 7.4 11
CN
Goertek Inc
SZSE:002241
88B CNY 0.9 46.5 39.4 39.4
CA
Celestica Inc
TSX:CLS
13.6B CAD 1.1 25.9 14.7 19.8
KY
Fabrinet
NYSE:FN
9.4B USD 3.1 30.3 25 29.2
CN
Wingtech Technology Co Ltd
SSE:600745
60.9B CNY 0.9 957.1 63.7 63.7
US
Fabrinet
SWB:FAN
5.6B EUR 2 19.1 14.8 17.3

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