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v0.1
PAX.ST$55.00-0.90%
Fair $55.00+0.0%

PAX.ST

Paxman AB (publ)

Healthcare / Medical DevicesStockholm

$55.00

-0.50 (-0.90%)

Fairly Valued+0.0%Fair Value $55.00Fund rank 28/100 · Data gapFallback financials|
SA 42/C
F-Score: 3/9
Low Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 34% · confianza 19%

FCF escenarios

weak_data · normalized FCF $-9.7M · quality 50.7/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 19/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

42/100

C

Piotroski

3/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. ROE is -4.1%, below the 5% threshold
Thesis & Journal · PAX.STLocal privado en este navegador · Paxman AB (publ)
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$1.3B

P/E

N/A

•

EV/EBITDA

39.6x

↑

ROE

-4.1%

↓

Gross Margin

66.6%

↑

Debt/Equity

0.03

↓
52-Week Range$55
$41$86

TradingView lightweight chart

PAX.ST price, volumen y niveles de valoración

Último $55.00Periodo +404.6%
Fair value: $55.00

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+29.0%

FCF CAGR

—

FCF margin

-5.1%

FCF / Net income

0.96x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $313.3M · net income $-16.7M · FCF $-16.1M

2022-FY → 2025-FY

Gross margin

66.6%-2.9% pts

Operating margin

1.4%+2.2% pts

Net margin

-5.3%+1.7% pts

FCF margin

-5.1%+17.5% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$313.3M$313.3M$253.0M$210.1M$145.9M
Net Income$-16.7M$-16.7M$40.2M$8.3M$-10.3M
EBITDA$29.9M$29.9M$58.9M$31.2M$16.2M
EPS-0.72-0.722.110.44-0.54
Gross Margin66.6%66.6%69.3%69.7%69.5%
Operating Margin1.4%1.4%13.2%6.0%-0.9%
Net Margin-5.3%-5.3%15.9%4.0%-7.1%
Balance Sheet
Debt/Equity0.030.030.090.110.15
Current Ratio3.743.74———
Cash Flow
Free Cash Flow$-16.1M$-16.1M$15.4M$-9.7M$-33.0M
Returns
ROE-4.1%-4.1%24.5%6.8%-9.0%
Valuation
P/E——33.0882.95—
EV/EBITDA39.5739.5722.1821.9349.93
P/B3.193.198.125.687.27
Growth & Yield
Revenue Growth23.8%23.8%20.4%44.0%—
EPS Growth-134.1%-134.1%379.5%181.5%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -24.5%

Total return

-24.5%

Start / end P/E

n/dx → n/dx

EPS bridge

2.11 → -0.72

Residual

-24.5%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-24.5%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.