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Added to YB: 2026-04-24

Pitch date: 2026-04-22

RAY-B.ST [bullish]

RaySearch Laboratories AB (publ)

-0.98%

current return

Author Info

Company Info

RaySearch Laboratories AB (publ), a medical technology company, provides software solutions for cancer treatment worldwide.

Market Cap

SEK 7.7B

Pitch Price

SEK 225.60

Price Target

338.10 (+50%)

Dividend

1.79%

EV/EBITDA

17.71

P/E

33.71

EV/Sales

5.70

Sector

Health Care Technology

Category

growth

Show full summary:
Raysearch: Laser Focused

RAY-B.ST: Oncology software monopoly (80% proton therapy market share) down 50% on sector selloff. 90% gross margin, 24% op margin expanding from 4% in '22. 19% organic rev growth (12% adj for FX), 31x P/E (24x forward). Recurring rev 40%, upsell potential via RayCare/RayIntelligence. Risks: Elekta ONE competition in photons, proton clinic growth slowdown, revenue lumpiness. 50% upside potential.

Read full article (9 min)