(EXS) Exsitec Holding - Ratings and Ratios

Exsitec Holding AB (ST:EXS) is a Swedish mid-cap company that has carved out a niche for itself in the digital solutions space, specifically targeting medium-sized businesses across Scandinavia—Sweden, Norway, and Denmark. What makes them interesting is their end-to-end approach. They don’t just stop at one service; they offer a suite of solutions that cover everything from business systems and digital marketing to data analytics and IT operations.

Their business system solutions are pretty comprehensive. They handle the essentials: invoice management, project management, procurement, payroll, and warehouse logistics. But where they really add value is in the integration of these systems, ensuring that clients can streamline their operations without the usual headaches of disconnected tools. They also cater to specific industries like real estate, retail, manufacturing, and even the public sector, which tells you they’ve built expertise across diverse operational needs.

On the digital front, Exsitec offers CRM, e-commerce, and marketing automation tools. This is crucial in today’s hyper-competitive market, where businesses need to not only manage their operations but also maintain a strong digital presence. Their insight and data solutions, including business intelligence and ESG reporting, are particularly relevant for companies looking to make data-driven decisions and meet growing regulatory demands.

What’s often overlooked but equally important is their development and operations support. They handle application development, integration, security, and IT operations. This makes them a one-stop-shop for businesses that want to modernize their tech stack without the hassle of managing multiple vendors. Their payroll and accounting services are the cherry on top, offering a seamless solution for companies looking to outsource these critical functions.

From a financial perspective, Exsitec is valued at around 1.7 billion SEK in market cap. The P/E ratio sits at 29, with a forward P/E of 22.8, indicating expectations of growth. The P/B ratio of 3.75 suggests the market is pricing in some confidence in their balance sheet and future prospects. The P/S ratio of 2.11 tells us they’re generating solid revenue relative to their market cap.

Founded in 2000 and headquartered in Linköping, Sweden, Exsitec has had over two decades to refine its offerings. Their focus on mid-sized companies in Scandinavia gives them a specific market niche, but their range of services suggests they’re well-positioned to scale or expand into adjacent markets. For investors and fund managers, Exsitec represents a play on the ongoing digital transformation of SMEs in the Nordic region.

More information can be found at their website: https://www.exsitec.se.