Why is RaySearch Laboratories AB ?
1
Flat results in Mar 26
- OPERATING CASH FLOW(Y) Lowest at SEK 357.09 MM
- INVENTORY TURNOVER RATIO(HY) Lowest at 11.47 times
- NET SALES(Q) Lowest at SEK 290.3 MM
2
Underperformed the market in the last 1 year
- Even though the market (OMX Stockholm 30) has generated returns of 27.70% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -40.92% returns
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Software Products)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is RaySearch Laboratories AB for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
RaySearch Laboratories AB
-40.92%
16.63
49.46%
OMX Stockholm 30
27.7%
1.79
15.50%
Quality key factors
Factor
Value
Sales Growth (5y)
15.58%
EBIT Growth (5y)
65.80%
EBIT to Interest (avg)
31.67
Debt to EBITDA (avg)
1.05
Net Debt to Equity (avg)
-0.46
Sales to Capital Employed (avg)
1.27
Tax Ratio
21.25%
Dividend Payout Ratio
60.20%
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
27.17%
ROE (avg)
8.10%
Valuation Key Factors 
Factor
Value
P/E Ratio
28
Industry P/E
Price to Book Value
6.01
EV to EBIT
20.63
EV to EBITDA
11.15
EV to Capital Employed
8.66
EV to Sales
4.53
PEG Ratio
NA
Dividend Yield
2.98%
ROCE (Latest)
41.97%
ROE (Latest)
21.50%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
No Trend
Technical Movement
2What is working for the Company
NET PROFIT(9M)
Higher at SEK 193.4 MM
DEBT-EQUITY RATIO
(HY)
Lowest at -5.95 %
-7What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at SEK 357.09 MM
INVENTORY TURNOVER RATIO(HY)
Lowest at 11.47 times
NET SALES(Q)
Lowest at SEK 290.3 MM
Here's what is working for RaySearch Laboratories AB
Debt-Equity Ratio
Lowest at -5.95 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Net Profit
Higher at SEK 193.4 MM
than preceding 12 month period ended Mar 2026MOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
Net Profit (SEK MM)
Here's what is not working for RaySearch Laboratories AB
Operating Cash Flow
Lowest at SEK 357.09 MM and Fallen
In each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (SEK MM)
Net Sales
Lowest at SEK 290.3 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (SEK MM)
Inventory Turnover Ratio
Lowest at 11.47 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio






