Hacksaw HACK.ST
SwedenCommunication Services · Electronic Gaming & MultimediaNasdaq Estocolmo · SEK
104.13 SEK (+27.6%)
5 analysts
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Hacksaw AB is a Swedish electronic gaming and multimedia company that develops and distributes digital entertainment content, with a high-margin business model based on intellectual property and online platforms.
Listed on Nasdaq Estocolmo · Symbol HACK.ST · STO: HACK · Currency SEK
Key points
from its scores- ✓High-quality business9.1
- ✓Very solid balance sheet9.0
- ✓Strong growth8.9
- !Risks to watch5.0
- !Somewhat demanding valuation5.1
AI analysis
bottom line, main risk, context and newsFundamentals are excellent but the forward valuation is demanding and there are no recent catalysts to justify adding to the position.
Hacksaw AB shows outstanding financial health with net cash (Net Debt/EBITDA of -0.51), extremely high margins (operating 81.68%, gross 97.26%) and solid growth (revenue +30.60%, earnings +42.30%), although its forward valuation (P/E of 94.76) already discounts much of that growth.
The high forward valuation (P/E of 94.76) leaves little room for error: any slowdown in revenue or earnings growth, currently at 30.60% and 42.30% respectively, could trigger a significant multiple correction.
Context and risks
No recent news and no material exposure to current macro factors. The company operates in the electronic gaming sector, with a net cash balance sheet that insulates it from the rise in interest rates, and its digital business does not depend on commodities or shipping routes. The moderate regulatory risk of the gaming sector in Sweden is already reflected in the governance score.
Is Hacksaw stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades in line with the Communication Services median (within 15%).
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 12.0 | 17.1 | −30% |
| EV / EBITDA | 10.7 | 9.6 | +11% |
| Price / book | 13.7 | 2.3 | +492% |
| Price / sales | 9.4 | 1.9 | +386% |
Sector: median of the 102 Communication Services companies analysed. In bold, the multiples used for the comparison.
Valuation score: 5.1 out of 10 (median for Communication Services: 6.3).
Average analyst target: 104.13 SEK, +27.6% versus the price.
Classic formulas with standard assumptions (0.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Communication Services medianValuation
- P/E
- 12.0
- Forward P/E
- 94.8
- EV / EBITDA
- 10.7
- Price / book
- 13.7
- Price / sales
- 9.4
- PEG
- 2.71
- Market cap
- 23.6B SEK
- Enterprise value
- 2.0B EUR
Profitability
- ROE
- 170.5%
- ROA
- 89.2%
- ROIC (approx.)
- 116.8%
- Gross margin
- 97.3%
- Operating margin
- 81.7%
- Net margin
- 76.8%
- Free cash flow
- 106.9M EUR
- FCF yield
- 5.1%
- Cash conversion
- 57%
Solvency
- Total debt
- 3.1M EUR
- Net debt
- −96.4M EUR
- Cash
- 99.4M EUR
- EBITDA
- 188.3M EUR
- Net debt / EBITDA
- −0.51
- Debt / equity
- 2.37
- Current ratio
- 5.30
- Quick ratio
- 4.37
Growth
- Revenue growth
- +30.6%
- Earnings growth
- +42.3%
- EPS (TTM)
- 6.78 SEK
Dividend
- Dividend yield
- 5.3%
- Payout
- 67.1%
Risk and market
- Analyst consensus
- none (5)
- Target price
- 104.13 SEK
- 52-week range
- 52.37 – 94.40
Recent news
All HACK.ST news →Compare it with its sector
All 102 in Communication Services →Frequently asked questions about Hacksaw
Is Hacksaw stock cheap or expensive?
On P/E and EV / EBITDA, it trades in line with the Communication Services median (within 15%). Valuation score: 5.1 out of 10 (median for Communication Services: 6.3). Average analyst target: 104.13 SEK, +27.6% versus the price. This is not investment advice.
What score does Hacksaw get on MeridIAn Screener?
It scores 7.5 out of 10, rank 50 of 2,130 (better than 97% of the companies analysed). Its strongest category is Quality / Moat (9.1) and its weakest, Risk & Context (5.0). Analysis of 08/10/2026.
What is Hacksaw's P/E ratio?
Its P/E is 12.0: the share price equals 12.0 times earnings per share over the last 12 months. The Communication Services median is 17.1. Based on the earnings analysts expect, the forward P/E is 94.8.
How much is Hacksaw worth on the stock market?
Its market capitalisation is 23.6B SEK and its enterprise value, debt included, is 2.0B SEK.
How much debt does Hacksaw have?
It has more cash than debt: net cash of 96.4M EUR.
Does Hacksaw pay a dividend?
Yes: its dividend yield is 5.33% and it pays out 67% of its earnings.
How has Hacksaw stock performed over the last year?
It has risen 16.3% over the last year, excluding dividends. Over the last 52 weeks it has traded between 52.37 and 94.40 SEK. Past performance does not guarantee future results.
What do analysts think of Hacksaw?
5 analysts cover it; their average recommendation is “none” and their average target is 104.13 SEK (+27.6% versus the price). It is an estimate, not market data.