Employees: 1,050
Size Kambi (KAMBI.ST) is a Sweden Information Technology company (Packaged Software) with a market value of $398M, the 201st largest of 221 Sweden companies the cockpit tracks. Shares closed at SEK 146.20 on 6 Nov 2026.
Performance Over six months the shares was unchanged, against -10.1% for the median peer and +8.2% for the Sweden market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue fell 10.2% over the last twelve months (peer median +12.7%); the operating margin is 8.8% (peer median 13.1%).
Valuation It trades at 19.1× forward earnings against a peer median of 26.1× (5th cheapest of 10).
Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -2 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.6 points above its cost of capital (6.7% WACC).
Next results Next results expected around 17 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | SEK 1.79B | SEK 1.79B | SEK 2.02B | SEK 1.99B | SEK 1.77B |
| Revenue growth | — | -11% | +1% | +13% | — |
| Gross profit | SEK 992M | SEK 1.45B | n/a | n/a | n/a |
| EBITDA | SEK 281M | SEK 263M | SEK 367M | SEK 676M | SEK 660M |
| Net income | SEK 90.7M | SEK 75.4M | SEK 177M | SEK 171M | SEK 281M |
| Free cash flow | SEK 354M | SEK 330M | SEK 597M | SEK 527M | SEK 484M |
| Capital expenditure | SEK 319M | SEK 308M | SEK 337M | SEK 358M | SEK 302M |
| Total debt | SEK 115M | SEK 54.0M | SEK 109M | SEK 145M | SEK 233M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | KAMBI.ST | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.8% | -7.9% | 11th highest of 21 |
| 6-month return | 0.0% | -10.1% | 8th highest of 21 |
| Distance from 52-week high | -22.7% | -36.4% | 5th highest of 21 |
| Revenue growth (TTM) | -10.2% | +12.7% | 6th lowest of 21 |
| Operating margin | 8.8% | 13.1% | 10th lowest of 21 |
| Forward P/E | 19.1× | 26.1× | 5th cheapest of 10 |
| Growth the price implies (Req g, 7 yrs) | 6.1% | -5.9% | 5th most demanding of 11 |
| Growth delivered (Del g) | +7.7% | +9.8% | 6th highest of 11 |
| Hurdle (Req g minus delivered) | -1.6 pp | -8.1 pp | 5th most demanding of 11 |
| ROIC minus cost of capital | +1.6 pp | +4.1 pp | 8th lowest of 19 |
| EV / EBITDA | 13.1× | 8.0× | 5th most expensive of 11 |
| Net debt / EBITDA | -0.8× | -1.3× | 5th most indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Kambi KAMBI.ST | Sweden | $398M | 0% | -10% | 9% | 19.1× | 6.1% | +7.7% |
| TASUKI 166A.T | Japan | $398M | +27% | +45% | 14% | n/a | n/a | n/a |
| Artrya AYA.AX | Australia | $397M | -27% | 0% | -97,479% | n/a | n/a | n/a |
| Abaxx Technologies ABXX.TO | Canada | $396M | -72% | +304% | -2,744% | n/a | n/a | n/a |
| Fukui Computer 9790.T | Japan | $393M | -9% | +10% | 43% | 12.2× | -17.7% | +5.3% |
| Network People Services Technologies NPST.NS | India | $392M | +44% | +47% | 20% | n/a | n/a | n/a |
| Shimeng Supply Chain Management 001220.SZ | China | $392M | -29% | -17% | 16% | n/a | -0.1% | +1.9% |
| Finatext 4419.T | Japan | $392M | +6% | +44% | 16% | 26.1× | n/a | n/a |
| Shenzhen ZQgame 300052.SZ | China | $391M | -15% | -18% | -17% | n/a | n/a | n/a |
| Software Service 3733.T | Japan | $389M | 0% | +23% | 17% | 9.0× | -13.3% | +15.6% |
| CHANGE Holdings,Inc 3962.T | Japan | $407M | -3% | +12% | 20% | n/a | -13.0% | +38.0% |
| Agora, Inc. Sponsored ADR API | United States | $408M | -2% | +14% | -5% | 29.5× | n/a | n/a |
| TPIsoftware 7781.TWO | Taiwan | $386M | -32% | -16% | -32% | n/a | n/a | n/a |
| Datasection 3905.T | Japan | $384M | +6% | +1,178% | 22% | n/a | n/a | n/a |
| ExaWizards 4259.T | Japan | $384M | -11% | +28% | 13% | 30.9× | 40.9% | +35.6% |
| Bonree Data Technology 688229.SS | China | $382M | -33% | -21% | -93% | n/a | n/a | n/a |
| Gstarsoft 688657.SS | China | $415M | -19% | +17% | 8% | 37.4× | 28.1% | +12.1% |
| Miroku Jyoho Service 9928.T | Japan | $382M | +27% | +6% | 15% | 13.4× | -11.7% | +7.5% |
| Zhengzhou Tiamaes Technology 300807.SZ | China | $379M | -45% | -28% | -19% | n/a | 44.1% | -5.8% |
| Energy One EOL.AX | Australia | $379M | +3% | +14% | 17% | 29.5× | 18.7% | +20.3% |
| AsiaInfo Technologies 1675.HK | Hong Kong | $379M | -49% | -3% | -3% | 6.2× | -13.9% | +0.2% |