Press the button and be introduced to a new random company!

Introduce me >

Social media

facebook   Follow us on Twitter

Coverage

DistIT

DistIT

DistIT acquires, owns and develops distributors of accessories for IT, Mobility, Multimedia, Network and data communications in the Nordic and Baltic countries. DistIT and its subsidiaries have a firm track record of value-added acquisitions, but also divestments such as Alcadon in 2016. Today DistIT consists of Deltaco, Aurora Group, Septon Electronics and Sominis Technology. The shares are listed on NASDAQ First North.

Sustainability information

Shift in technology preferences and disruptive technologies, price pressure.

SEKm 2024 2025e 2026e
Sales 1618 990 1036
Sales growth (%) -24,9 -38,8 4,7
EBITDA -56 -80 30
EBITDA margin (%) -3,4 -8,1 2,9
EBIT adj. -37 -59 11
EBIT adj. margin (%) -2,3 -6 1
Pretax profit -37 -136 2
EPS -2,07 -0,15 0
EPS growth (%) -86,1 -93 N/A
EPS adj. 0,16 -0,09 0
DPS 0 0 0
EV/EBITDA (x) -5,7 -5,4 15,8
EV/EBIT adj. (x) -8,7 -7,2 44,3
P/E (x) N/A N/A N/A
P/E adj. (x) 2 N/A N/A
EV/sales (x) 0,2 0,43 0,45
FCF yield (%) 627,7 -22,4 -7,4
Le. adj. FCF yld. (%) 459,6 -25,2 -9,7
Dividend yield (%) 0 0 0
Net IB debt/EBITDA (x) -5,6 -1,6 5,7
Le. adj. ND/EBITDA (x) -99,1 -3,3 6,2
SEKm 2024 2025e 2026e
Sales 1618 990 1036
COGS -1288 -800 -775
Gross profit 329 190 260
Other operating items -385 -270 -231
EBITDA -56 -80 30
Depreciation and amortisation -44 -30 -19
of which leasing depreciation -10 -7 -4
EBITA -99 -110 11
EO Items -63 -51 0
Impairment and PPA amortisation 0 0 0
EBIT -99 -110 11
Net financial items 63 -26 -9
Pretax profit -37 -136 2
Tax -22 0 0
Net profit -58 -136 1
Minority interest 0 0 0
Net profit discontinued 0 0 0
Net profit to shareholders -58 -136 1
EPS -2,07 -0,15 0
EPS adj. 0,16 -0,09 0
Total extraordinary items after tax -100 -51 0
Leasing payments -10 -7 -4
Tax rate (%) -59,5 -0,2 22
Gross margin (%) 20,4 19,2 25,1
EBITDA margin (%) -3,4 -8,1 2,9
EBITA margin (%) -6,1 -11,1 1
EBIT margin (%) -6,1 -11,1 1
Pre-tax margin (%) -2,3 -13,7 0,2
Net margin (%) -3,6 -13,8 0,1
Sales growth (%) -24,9 -38,8 4,7
EBITDA growth (%) 44,3 43,5 -137
EBITA growth (%) 42 10,8 -109,6
EBIT growth (%) -72 10,8 -109,6
Net profit growth (%) -86,1 133,9 -100,9
EPS growth (%) -86,1 -93 N/A
Profitability N/A N/A N/A
ROE (%) -27,8 -56,1 0,4
ROE adj. (%) 19,8 -35,1 0,4
ROCE (%) 4,2 -21,6 2,2
ROCE adj. (%) -5,8 -11,6 2,2
ROIC (%) -26,7 -23,9 1,8
ROIC adj. (%) -9,9 -12,8 1,8
Adj. earnings numbers N/A N/A N/A
EBITDA adj. 7 -29 30
EBITDA adj. margin (%) 0,4 -2,9 2,9
EBITDA lease adj. -3 -36 26
EBITDA lease adj. margin (%) -0,2 -3,7 2,5
EBITA adj. -37 -59 11
EBITA adj. margin (%) -2,3 -6 1
EBIT adj. -37 -59 11
EBIT adj. margin (%) -2,3 -6 1
Pretax profit Adj. 26 -85 2
Net profit Adj. 42 -85 1
Net profit to shareholders adj. 42 -85 1
Net adj. margin (%) 2,6 -8,6 0,1
SEKm 2024 2025e 2026e
EBITDA -56 -80 30
Goodwill 88 97 93
Net financial items 63 -26 -9
Other intangible assets 105 99 98
Paid tax -22 0 0
Tangible fixed assets 2 1 1
Non-cash items -97 -35 9
Right-of-use asset 13 6 3
Cash flow before change in WC -111 -141 29
Total other fixed assets 4 4 4
Change in working capital 159 68 -47
Fixed assets 212 206 199
Operating cash flow 48 -73 -17
Inventories 390 247 280
Capex tangible fixed assets 3 -7 -10
Receivables 274 158 166
Capex intangible fixed assets 0 0 0
Other current assets 39 30 41
Acquisitions and Disposals 6 13 6
Cash and liquid assets 48 47 18
Free cash flow 56 -67 -22
Total assets 962 688 703
Dividend paid 0 0 0
Shareholders equity 189 297 298
Share issues and buybacks 0 248 0
Minority 0 0 0
Leasing liability amortisation -15 -8 -7
Total equity 189 297 298
Other non-cash items 109 9 -9
Long-term debt 33 167 176
Pension debt 0 0 0
Convertible debt 0 0 0
Leasing liability 13 10 10
Total other long-term liabilities 4 2 2
Short-term debt 312 0 0
Accounts payable 260 129 135
Other current liabilities 152 84 83
Total liabilities and equity 962 688 703
Net IB debt 310 130 168
Net IB debt excl. pension debt 310 130 168
Net IB debt excl. leasing 297 120 158
Capital employed 547 474 484
Capital invested 499 427 466
Working capital 291 223 269
Market cap. diluted (m) 9 299 299
Net IB debt adj. 310 130 168
Market value of minority 0 0 0
Reversal of shares and participations 0 0 0
Reversal of conv. debt assumed equity N/A N/A N/A
EV 319 429 468
Total assets turnover (%) 150,3 120 148,9
Working capital/sales (%) 22,9 25,9 23,7
Financial risk and debt service N/A N/A N/A
Net debt/equity (%) 164,3 43,8 56,5
Net debt / market cap (%) 3448,7 43,4 56,2
Equity ratio (%) 19,6 43,1 42,4
Net IB debt adj. / equity (%) 164,3 43,8 56,5
Current ratio 1,04 2,27 2,32
EBITDA/net interest 0,9 3,1 3,3
Net IB debt/EBITDA (x) -5,6 -1,6 5,7
Net IB debt/EBITDA lease adj. (x) -99,1 -3,3 6,2
Interest coverage 1,6 4,3 1,2
SEKm 2024 2025e 2026e
Shares outstanding adj. 28 936 936
Diluted shares adj. 28 936 936
EPS -2,07 -0,15 0
Dividend per share 0 0 0
EPS adj. 0,16 -0,09 0
BVPS 6,72 0,32 0,32
BVPS adj. -0,14 0,11 0,11
Net IB debt/share 11,04 0,14 0,18
Share price 0,32 0,32 0,32
Market cap. (m) 9 299 299
P/E (x) N/A N/A N/A
EV/sales (x) 0,2 0,4 0,5
EV/EBITDA (x) -5,7 -5,4 15,8
EV/EBITA (x) -3,2 -3,9 44,3
EV/EBIT (x) -3,2 -3,9 44,3
Dividend yield (%) 0 0 0
FCF yield (%) 627,7 -22,4 -7,4
Le. adj. FCF yld. (%) 459,6 -25,2 -9,7
P/BVPS (x) 0,05 1,01 1,01
P/BVPS adj. (x) 0,09 1,5 1,46
P/E adj. (x) 2 N/A N/A
EV/EBITDA adj. (x) 46,2 -14,8 15,8
EV/EBITA adj. (x) -8,7 -7,2 44,3
EV/EBIT adj. (x) -8,7 -7,2 44,3
EV/CE (x) 0,6 0,9 1
Investment ratios N/A N/A N/A
Capex/sales (%) 0,2 0,7 1
Capex/depreciation -0,1 0,3 0,7
Capex tangibles / tangible fixed assets 143,5 1148,8 881,4
Capex intangibles / definite intangibles N/A N/A N/A
Depreciation on intang / def. intang N/A N/A N/A
Depreciation on tangibles / tangibles 1469,6 3826 1276,3

Equity research

Read earlier research

Media

DistIT - Company presentation with CEO Robert Rosenzweig
DistIT - Company presentation with CEO Robert Rosenzweig

Main shareholders - DistIT

Main shareholders Share capital % Voting shares % Verified
Athanase Industrial Partners 21.2 % 21.2 % 26 Jun 2025
Anders Bladh (Ribbskottet AB) 12.1 % 12.1 % 31 Dec 2024
Måns Flodberg 7.1 % 7.1 % 30 Jun 2025
Theodor Jeansson Jr. 6.9 % 6.9 % 26 Jun 2025
Avanza Pension 5.4 % 5.4 % 26 Jun 2025
Redstone Investment Group SA 4.8 % 4.8 % 23 Jun 2025
Pontus Norell 2.0 % 2.0 % 31 Mar 2025
Peter Lindberg 1.8 % 1.8 % 26 Jun 2025
Carl Rosvall 1.5 % 1.5 % 26 Jun 2025
Kristoffer Jeansson 1.4 % 1.4 % 26 Jun 2025
Source: Holdings by Modular Finance AB