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: 204 SEK -0.49% Market Closed
Market Cap: 7B SEK
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Relative Value

The Relative Value of one RAY B stock under the Base Case scenario is 231.99 SEK. Compared to the current market price of 204 SEK, RaySearch Laboratories AB (publ) is Undervalued by 12%.

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
231.99 SEK
Undervaluation 12%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

6
P/S
P/S
Price to Sales
6
vs History
0
vs Industry
28
Median 3Y
3
Median 5Y
3.4
Industry
2.3
Forward
5.8
More Details
40
P/E
P/E
Price to Earnings
40
vs History
39
vs Industry
9
Median 3Y
37.1
Median 5Y
34.5
Industry
23.1
Forward
42.9
More Details
14
P/OCF
P/OCF
Price to OCF
14
vs History
0
vs Industry
34
Median 3Y
7.6
Median 5Y
8.1
Industry
14.2
More Details
35.2
P/FCFE
P/FCFE
Price to FCFE
35.2
vs History
9
vs Industry
15
Median 3Y
8.1
Median 5Y
8.1
Industry
20.1
More Details
8.6
P/B
P/B
Price to Book Value
8.6
vs History
0
vs Industry
12
Median 3Y
3.9
Median 5Y
4.1
Industry
2.2
More Details
6
EV/S
EV/S
Enterprise Value to Sales
6
vs History
0
vs Industry
26
Median 3Y
3.2
Median 5Y
3.6
Industry
2.4
Forward
5.8
More Details
6.5
EV/GP
EV/GP
Enterprise Value to Gross Profit
6.5
vs History
0
vs Industry
42
Median 3Y
3.5
Median 5Y
4
Industry
5
More Details
30.1
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
30.1
vs History
44
vs Industry
8
Median 3Y
29.8
Median 5Y
28.5
Industry
12.7
Forward
12.6
More Details
30.1
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
30.1
vs History
44
vs Industry
11
Median 3Y
29.8
Median 5Y
28.5
Industry
17.1
Forward
28.1
More Details
14
EV/OCF
EV/OCF
Enterprise Value to OCF
14
vs History
0
vs Industry
36
Median 3Y
8.2
Median 5Y
8.2
Industry
14
More Details
25.2
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
25.2
vs History
23
vs Industry
20
Median 3Y
13.5
Median 5Y
9.8
Industry
18
More Details
4.5
EV/IC
EV/IC
Enterprise Value to IC
4.5
vs History
3
vs Industry
27
Median 3Y
1.8
Median 5Y
2.3
Industry
1.9
More Details

Multiples Across Competitors

RAY B Competitors Multiples
RaySearch Laboratories AB (publ) Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
SE
RaySearch Laboratories AB (publ)
STO:RAY B
7B SEK 6 40 30.1 30.1
US
Veeva Systems Inc
NYSE:VEEV
36.3B USD 13.7 54.6 46.3 49
US
Cerner Corp
LSE:0R00
31.3B USD 5.4 53.1 21.9 43.2
AU
Pro Medicus Ltd
ASX:PME
26.6B AUD 159.5 320.5 224.7 224.7
US
Doximity Inc
NYSE:DOCS
10.8B USD 20.9 62 47.1 49.5
US
Waystar Holding Corp
NASDAQ:WAY
6.3B USD 7 -120.4 24.7 68.7
JP
M3 Inc
TSE:2413
927.2B JPY 3.7 23.7 11.7 13.7
US
Inspire Medical Systems Inc
NYSE:INSP
5.6B USD 7.4 170.2 283.7 386.4
SE
Sectra AB
STO:SECT B
52.8B SEK 29.2 118.1 -70.6 -70.6
US
Vocera Communications Inc
F:V00
2.4B EUR 10.7 -294.8 239.5 3 835.2
CN
Winning Health Technology Group Co Ltd
SZSE:300253
16.7B CNY 5.2 46.2 33.2 33.2
P/E Multiple
Earnings Growth P/E to Growth
SE
RaySearch Laboratories AB (publ)
STO:RAY B
Average P/E: 98.7
40
174%
0.2
US
Veeva Systems Inc
NYSE:VEEV
54.6
142%
0.4
US
C
Cerner Corp
LSE:0R00
53.1
N/A N/A
AU
Pro Medicus Ltd
ASX:PME
320.5
131%
2.5
US
Doximity Inc
NYSE:DOCS
62
78%
0.8
US
W
Waystar Holding Corp
NASDAQ:WAY
Negative Multiple: -120.4 N/A N/A
JP
M3 Inc
TSE:2413
23.7
33%
0.7
US
Inspire Medical Systems Inc
NYSE:INSP
170.2
N/A N/A
SE
Sectra AB
STO:SECT B
118.1
81%
1.5
US
V
Vocera Communications Inc
F:V00
Negative Multiple: -294.8 N/A N/A
CN
Winning Health Technology Group Co Ltd
SZSE:300253
46.2
142%
0.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SE
RaySearch Laboratories AB (publ)
STO:RAY B
Average EV/EBITDA: 96.3
30.1
494%
0.1
US
Veeva Systems Inc
NYSE:VEEV
46.3
221%
0.2
US
C
Cerner Corp
LSE:0R00
21.9
N/A N/A
AU
Pro Medicus Ltd
ASX:PME
224.7
130%
1.7
US
Doximity Inc
NYSE:DOCS
47.1
92%
0.5
US
W
Waystar Holding Corp
NASDAQ:WAY
24.7
N/A N/A
JP
M3 Inc
TSE:2413
11.7
24%
0.5
US
Inspire Medical Systems Inc
NYSE:INSP
283.7
N/A N/A
SE
Sectra AB
STO:SECT B
Negative Multiple: -70.6 N/A N/A
US
V
Vocera Communications Inc
F:V00
239.5
N/A N/A
CN
Winning Health Technology Group Co Ltd
SZSE:300253
33.2
143%
0.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SE
RaySearch Laboratories AB (publ)
STO:RAY B
Average EV/EBIT: 473.4
30.1
246%
0.1
US
Veeva Systems Inc
NYSE:VEEV
49
239%
0.2
US
C
Cerner Corp
LSE:0R00
43.2
N/A N/A
AU
Pro Medicus Ltd
ASX:PME
224.7
122%
1.8
US
Doximity Inc
NYSE:DOCS
49.5
102%
0.5
US
W
Waystar Holding Corp
NASDAQ:WAY
68.7
N/A N/A
JP
M3 Inc
TSE:2413
13.7
N/A N/A
US
Inspire Medical Systems Inc
NYSE:INSP
386.4
N/A N/A
SE
Sectra AB
STO:SECT B
Negative Multiple: -70.6 N/A N/A
US
V
Vocera Communications Inc
F:V00
3 835.2
N/A N/A
CN
Winning Health Technology Group Co Ltd
SZSE:300253
33.2
123%
0.3

See Also

Summary
RAY B intrinsic value, competitors valuation, and company profile.
DCF Valuation
RAY B stock valuation using Discount Cash Flow valuation method.
Relative Valuation
RAY B stock valuation using valuation multiples.
Wall Street Estimates
RAY B price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
RAY B stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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