Electronic shelf labels

Pricer

Pricer is delivering systems that are optimizing and simplifying the processes of price labeling and information dissemination via electronic shelf labels (ESL) in retail stores. Pricer is a global company, which has an in-house sales organization as well as commercialization through its partners-network in markets with very low penetration rates. The products are self-developed and are externally manufactured, mainly in Asia. Today, Pricer’s biggest market consists of Europe, in particular France. In total, Pricer has installed more than 140 million labels in 50+ countries.

Financials

PRICER

SEKm 2017 2018 2019
Sales 828 1154 1258
Sales growth (%) 9,3 39,4 9
EBITDA 70 119 129
EBITDA margin (%) 8,5 10,3 10,3
EBIT adj 59 101 110
EBIT adj margin (%) 7,2 8,8 8,8
Pretax profit 52 98 112
EPS rep 0,35 0,67 0,77
EPS growth (%) -32,7 92,8 14,7
EPS adj 0,38 0,67 0,77
DPS 0,5 0,6 0,65
EV/EBITDA (x) 11 9,8 9,3
EV/EBIT adj (x) 13 11,5 11
P/E (x) 24,3 18 15,7
P/E adj (x) 22,1 18 15,7
EV/sales (x) 0,9 1 1
FCF yield (%) -4 4,4 1,6
Dividend yield (%) 5,9 4,9 5,3
Net IB debt/EBITDA -2,4 -1,5 -1