{"id":218244,"date":"2026-04-15T12:50:11","date_gmt":"2026-04-15T12:50:11","guid":{"rendered":"https:\/\/www.europesays.com\/se\/218244\/"},"modified":"2026-04-15T12:50:11","modified_gmt":"2026-04-15T12:50:11","slug":"upsales-efter-ovantade-draget-ar-aktien-fortsatt-kopvard","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/se\/218244\/","title":{"rendered":"Upsales: Efter ov\u00e4ntade draget \u2013 \u00e4r aktien fortsatt k\u00f6pv\u00e4rd?"},"content":{"rendered":"<p>Ov\u00e4ntat drag<\/p>\n<p class=\"font-sans text-base text-text-main dark:text-text-main-dark font-normal leading-[1.4]\">P\u00e5 det stora hela k\u00e4nns f\u00f6rslaget om att dela ut Aira ov\u00e4ntat. Upsales-aktien har g\u00e5tt svagt senaste m\u00e5naderna p\u00e5 grund av AI-oro. Att styrelsen vill lyfta fram som de anser vara &#8221;dolda v\u00e4rden&#8221; \u00e4r inte fel. Aira kommer av allt att d\u00f6ma vara ett r\u00e4tt litet bolag. Det blir intressant att se vad bolaget kan f\u00e5 f\u00f6r v\u00e4rdering p\u00e5 egna ben.<\/p>\n<p class=\"font-sans text-base text-text-main dark:text-text-main-dark font-normal leading-[1.4]\">\u00c4n s\u00e5 l\u00e4nge \u00e4r informationen r\u00e4tt sparsmakad och det \u00e4r d\u00e4rav sv\u00e5rt att bilda sig en uppfattning kring den l\u00e5ngsiktiga potentialen f\u00f6r Aira.<\/p>\n<tr class=\"odd:bg-surf-grey dark:odd:bg-surf-grey-dark even:bg-surf-main dark:even:bg-surf-main-dark\">\n<td colspan=\"2\" rowspan=\"1\" class=\"relative min-h-10 max-w-[250px] p-2 text-start wrap-break-word border-border dark:border-border-dark border-r border-b last:border-r-0 wrap-break-word\">\n<p><strong>Upsales v\u00e4rdering R12M<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr class=\"odd:bg-surf-grey dark:odd:bg-surf-grey-dark even:bg-surf-main dark:even:bg-surf-main-dark\">\n<td colspan=\"1\" rowspan=\"1\" class=\"relative min-h-10 max-w-[250px] p-2 text-start wrap-break-word border-border dark:border-border-dark border-r border-b last:border-r-0 wrap-break-word\">\n<p>EV\/Sales<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" class=\"relative min-h-10 max-w-[250px] p-2 text-start wrap-break-word border-border dark:border-border-dark border-r border-b last:border-r-0 wrap-break-word\">\n<p>2,5x<\/p>\n<\/td>\n<\/tr>\n<tr class=\"odd:bg-surf-grey dark:odd:bg-surf-grey-dark even:bg-surf-main dark:even:bg-surf-main-dark\">\n<td colspan=\"1\" rowspan=\"1\" class=\"relative min-h-10 max-w-[250px] p-2 text-start wrap-break-word border-border dark:border-border-dark border-r border-b last:border-r-0 wrap-break-word\">\n<p>EV\/ARR<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" class=\"relative min-h-10 max-w-[250px] p-2 text-start wrap-break-word border-border dark:border-border-dark border-r border-b last:border-r-0 wrap-break-word\">\n<p>2,5x<\/p>\n<\/td>\n<\/tr>\n<tr class=\"odd:bg-surf-grey dark:odd:bg-surf-grey-dark even:bg-surf-main dark:even:bg-surf-main-dark\">\n<td colspan=\"1\" rowspan=\"1\" class=\"relative min-h-10 max-w-[250px] p-2 text-start wrap-break-word border-border dark:border-border-dark border-r border-b last:border-r-0 wrap-break-word\">\n<p>EV\/Ebit<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" class=\"relative min-h-10 max-w-[250px] p-2 text-start wrap-break-word border-border dark:border-border-dark border-r border-b last:border-r-0 wrap-break-word\">\n<p>13,3x<\/p>\n<\/td>\n<\/tr>\n<tr class=\"odd:bg-surf-grey dark:odd:bg-surf-grey-dark even:bg-surf-main dark:even:bg-surf-main-dark\">\n<td colspan=\"1\" rowspan=\"1\" class=\"relative min-h-10 max-w-[250px] p-2 text-start wrap-break-word border-border dark:border-border-dark border-r border-b last:border-r-0 wrap-break-word\">\n<p>P\/E<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" class=\"relative min-h-10 max-w-[250px] p-2 text-start wrap-break-word border-border dark:border-border-dark border-r border-b last:border-r-0 wrap-break-word\">\n<p>18,4x<\/p>\n<\/td>\n<\/tr>\n<p class=\"font-sans text-base text-text-main dark:text-text-main-dark font-normal leading-[1.4]\">Hela Upsales-koncernen v\u00e4rderas till 2,5x oms\u00e4ttningen och drygt 13x r\u00f6relsevinsten (EV\/Ebit) bak\u00e5tblickande per Q4 2025.<\/p>\n<p class=\"font-sans text-base text-text-main dark:text-text-main-dark font-normal leading-[1.4]\">Skulle Upsales n\u00e5 sin prognos f\u00f6r 2026 (10-15% tillv\u00e4xt) och &gt;35% Ebitda-marginal v\u00e4rderas aktien s\u00e5 fall till cirka 7x EV\/Ebitda inklusive avknoppningen av Aira. Det \u00e4r inte dyrt, givet optionen att det blir en positiv AI-hype kring Aira.<\/p>\n<p class=\"font-sans text-base text-text-main dark:text-text-main-dark font-normal leading-[1.4]\">Idag tisdag 14 april kommer \u00e4ven SaaS-bolaget <strong>Carasent<\/strong> med sin Q1-rapport. I skrivande stund \u00e4r aktien ned 7% p\u00e5 beskedet. Svagare organisk tillv\u00e4xt (+7%), och l\u00e4gre marginaler (10% EbitdaC-marginal) \u00e4n n\u00e5gra orsaker till kurstappet.<\/p>\n","protected":false},"excerpt":{"rendered":"Ov\u00e4ntat drag P\u00e5 det stora hela k\u00e4nns f\u00f6rslaget om att dela ut Aira ov\u00e4ntat. Upsales-aktien har g\u00e5tt svagt&hellip;\n","protected":false},"author":2,"featured_media":218245,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[65],"tags":[72,70,71,34,31,33,32,30,17453],"class_list":["post-218244","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ekonomi","tag-business","tag-economy","tag-ekonomi","tag-se","tag-svenska","tag-sverige","tag-sweden","tag-swedish","tag-upsales-technology"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@se\/116408813502732940","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/posts\/218244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/comments?post=218244"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/posts\/218244\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/media\/218245"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/media?parent=218244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/categories?post=218244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/tags?post=218244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}