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Employees: 546
Size Yubico (YUBICO.ST) is a Sweden Information Technology company (Electronics Distributors) with a market value of $1.40B, the 110th largest of 221 Sweden companies the cockpit tracks. Shares closed at SEK 158.30 on 6 Nov 2026.
Performance Over six months the shares gained 188.6%, against -14.0% for the median peer and +8.2% for the Sweden market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue fell 9.2% over the last twelve months (peer median +24.5%); the operating margin is 9.2% (peer median 3.6%).
Valuation It trades at 59.8× forward earnings against a peer median of 15.4× (3rd most expensive of 14).
Price implies For today's price to make sense, revenue must grow about 26% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is +14 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 13.3 points above its cost of capital (7.0% WACC).
Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | SEK 2.12B | SEK 2.22B | SEK 2.33B | SEK 1.83B | SEK 1.56B |
| Revenue growth | — | -5% | +27% | +17% | — |
| Gross profit | SEK 1.65B | SEK 1.73B | SEK 1.90B | SEK 1.46B | SEK 195M |
| EBITDA | n/a | SEK 219M | SEK 468M | SEK 300M | SEK 206M |
| Net income | SEK 151M | SEK 128M | SEK 372M | SEK 131M | SEK 256M |
| Free cash flow | n/a | SEK 231M | SEK 297M | SEK 101M | SEK 14.4M |
| Capital expenditure | n/a | SEK 44.2M | SEK 59.3M | SEK 13.1M | SEK 18.7M |
| Total debt | SEK 31.4M | SEK 39.0M | SEK 52.3M | SEK 74.0M | SEK 52.0M |
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 | YUBICO.ST | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +39.6% | -12.4% | highest of 21 |
| 6-month return | +188.6% | -14.0% | highest of 21 |
| Distance from 52-week high | -11.0% | -37.3% | highest of 21 |
| Revenue growth (TTM) | -9.2% | +24.5% | lowest of 21 |
| Operating margin | 9.2% | 3.6% | 4th highest of 21 |
| Forward P/E | 59.8× | 15.4× | 3rd most expensive of 14 |
| Growth the price implies (Req g, 7 yrs) | 26.3% | 0.4% | 2nd most demanding of 10 |
| Growth delivered (Del g) | +12.4% | +8.4% | 3rd highest of 10 |
| Hurdle (Req g minus delivered) | +13.9 pp | -12.8 pp | 2nd most demanding of 10 |
| ROIC minus cost of capital | +13.3 pp | +2.7 pp | 3rd highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Yubico YUBICO.ST | Sweden | $1.40B | +189% | -9% | 9% | 59.8× | 26.3% | +12.4% |
| Telling Telecommunication 000829.SZ | China | $1.41B | -21% | +37% | 0% | 153.2× | n/a | n/a |
| Kyland Technology 300353.SZ | China | $1.42B | -17% | -6% | -6% | 80.9× | n/a | n/a |
| Shenzhen Aisidi 002416.SZ | China | $1.44B | -44% | +26% | 1% | 22.1× | n/a | n/a |
| SeSa SES.MI | Italy | $1.53B | -1% | +11% | 4% | 11.4× | -7.1% | +12.0% |
| Wuhan P&S Information Technology 300184.SZ | China | $1.63B | -29% | +48% | 5% | 15.8× | n/a | n/a |
| Shenzhen Yitoa Intelligent Control 300131.SZ | China | $1.68B | -39% | +3% | 0% | n/a | n/a | n/a |
| HNA Technology 600751.SS | China | $1.11B | -26% | +33% | 0% | n/a | n/a | n/a |
| Daiwabo 3107.T | Japan | $1.79B | +4% | +14% | 3% | 10.8× | -7.7% | +5.3% |
| SINBON Electronics 3023.TW | Taiwan | $1.88B | -11% | +9% | 10% | 15.4× | -0.1% | +7.3% |
| Shanghai YCT Electronics 301099.SZ | China | $1.02B | -17% | +106% | 6% | 22.6× | n/a | n/a |
| Tomen Devices 2737.T | Japan | $926M | +41% | +157% | 4% | n/a | n/a | n/a |
| Xi'an Novastar Tech 301589.SZ | China | $2.12B | -9% | +15% | 17% | 22.0× | 15.9% | +28.7% |
| ASBISc Enterprises ASB.WA | Poland | $2.17B | +123% | +43% | 4% | 12.6× | 5.9% | +9.5% |
| Restar 3156.T | Japan | $877M | +60% | +23% | 4% | 8.1× | n/a | n/a |
| ScanSource SCSC | United States | $871M | -7% | +6% | 3% | 8.4× | 0.4% | +0.5% |
| Shenzhen CECport Technologies 001287.SZ | China | $2.28B | -24% | +138% | 2% | n/a | n/a | n/a |
| Beijing Oriental Jicheng 002819.SZ | China | $848M | -27% | +7% | -3% | n/a | 10.3% | +23.4% |
| SoftwareOne SWON.SW | Switzerland | $2.30B | +11% | +62% | 12% | 12.6× | -5.7% | +8.4% |
| Nanjing Sunlord Electronics 300975.SZ | China | $2.40B | -11% | +109% | 8% | n/a | n/a | n/a |
| SFC 301558.SZ | China | $793M | -19% | -8% | 4% | n/a | 30.3% | -3.2% |