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v0.1
UPSALE.ST$25.10+1.62%
Fair $25.10+0.0%

UPSALE.ST

Upsales Technology AB (publ)

Technology / Software - ApplicationStockholm

$25.10

+0.40 (+1.62%)

Fairly Valued+0.0%Fair Value $25.10Fund rank 37/100 · Data gapFallback financials|
SA 51/C
F-Score: 6/9
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 23% · confianza 25%

FCF escenarios

weak_data · normalized FCF $21.3M · quality 80.3/100

Data gap 37/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 81/100Data 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

51/100

C

Piotroski

6/9

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 1.2%, below the 5% threshold
Thesis & Journal · UPSALE.STLocal privado en este navegador · Upsales Technology 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

$423M

P/E

19.0x

↓

EV/EBITDA

9.9x

↓

ROE

122.5%

↑

Gross Margin

65.3%

↑

Debt/Equity

0.15

↓
52-Week Range$25
$20$43

TradingView lightweight chart

UPSALE.ST price, volumen y niveles de valoración

Último $25.10Periodo -14.0%
Fair value: $25.10

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

+5.5%

FCF CAGR

-12.1%

FCF margin

10.3%

FCF / Net income

0.69x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $152.0M · net income $22.5M · FCF $15.6M

2022-FY → 2025-FY

Gross margin

65.3%-10.5% pts

Operating margin

18.6%-3.4% pts

Net margin

14.8%-2.6% pts

FCF margin

10.3%-7.5% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$152.0M$152.0M$144.8M$145.2M$129.6M
Net Income$22.5M$22.5M$18.5M$27.6M$22.5M
EBITDA$39.1M$39.1M$32.3M$43.3M$35.7M
EPS1.331.331.101.641.33
Gross Margin65.3%65.3%61.1%65.3%75.7%
Operating Margin18.6%18.6%15.8%23.7%22.0%
Net Margin14.8%14.8%12.8%19.0%17.4%
Balance Sheet
Debt/Equity0.150.15———
Current Ratio0.790.79———
Cash Flow
Free Cash Flow$15.6M$15.6M$21.3M$21.8M$22.9M
Returns
ROE122.5%122.5%84.3%91.0%61.3%
Valuation
P/E19.0219.0229.0922.8057.14
EV/EBITDA9.949.9415.1913.3434.18
P/B23.0523.0524.5920.8035.06
Growth & Yield
Revenue Growth5.0%5.0%-0.3%12.1%—
EPS Growth20.9%20.9%-32.9%23.3%—
Dividend Yield5.1%5.1%———

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

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

18.8%

exigente

EPS terminal req.

$2.23

Spread vs growth

2.2%

5Y implied EPS CAGR

15.2%

exigente

EPS terminal req.

$2.69

Spread vs growth

5.7%

10Y implied EPS CAGR

12.6%

razonable

EPS terminal req.

$4.34

Spread vs growth

8.4%

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 -4.0%

Total return

-4.0%

Start / end P/E

25.1x → 18.9x

EPS bridge

1.10 → 1.33

Residual

-5.2%

EPS growth+20.9%
Multiple rerating-24.8%
Dividend+5.1%
Residual / FX / buybacks / cross-term-5.2%

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.