-2.75%
17.36%
17.27%
32.91%
67.93%
-44.13%
-54.95%

Company Description

Storytel AB (publ) provides audiobooks and e-books streaming services.The company offers a subscription service for audiobooks and e-books under the Storytel and Mofibo brands, as well as through Audiobooks.com.It also publishes audiobooks primarily through the publisher, Storyside.


The company is headquartered in Stockholm, Sweden.

Market Data

Last Price 77.75
Change Percentage -2.75%
Open 78
Previous Close 79.95
Market Cap ( Millions) 5992
Volume 17812
Year High 80.5
Year Low 44.78
M A 50 68.12
M A 200 59.09

Financial Ratios

FCF Yield 4.43%
Dividend Yield 0.00%
ROE -53.76%
Debt / Equity 51.44%
Net Debt / EBIDTA -47.35%
Price To Book 4.72
Price Earnings Ratio -8.97
Price To FCF 22.56
Price To sales 1.61
EV / EBITDA -14.53

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Streaming Nordics

Expected Growth : 10 %

What the company do ?

Streaming Nordics from Storytel AB (publ) is a digital subscription-based audiobook and e-book service offering access to a vast library of Nordic content.

Why we expect these perspectives ?

Storytel AB's Streaming Nordics segment growth is driven by increasing demand for digital audiobooks, strategic partnerships, and expansion into new markets. The company's strong content offerings, user-friendly platform, and competitive pricing also contribute to its growth. Additionally, the rise of smart speakers and voice assistants has increased audiobook consumption, further fueling growth.

Segment nΒ°2 -> Streaming Non-Nordics

Expected Growth : 8 %

What the company do ?

Streaming Non-Nordics from Storytel AB (publ) refers to the segment of digital audiobook and e-book streaming services offered by Storytel outside of Nordic countries.

Why we expect these perspectives ?

Strong demand for audiobooks, increasing adoption in emerging markets, and successful marketing efforts contribute to the 8% growth in Streaming Non-Nordics for Storytel AB. Additionally, the company's expanding content library, strategic partnerships, and user-friendly platform experience also drive growth in this segment.

Segment nΒ°3 -> Books

Expected Growth : 7 %

What the company do ?

Storytel AB (publ) offers a vast digital library of e-books and audiobooks, providing users with access to a wide range of fiction and non-fiction titles.

Why we expect these perspectives ?

Storytel AB's 7% growth is driven by increasing demand for audiobooks, expansion into new markets, and strategic partnerships. The rise of mobile listening, improved content offerings, and user-friendly platforms also contribute to growth. Additionally, the company's focus on emerging markets, such as Latin America and Asia, provides further opportunities for expansion.

Segment nΒ°4 -> Group-Wide Items and Eliminations

Expected Growth : 5 %

What the company do ?

Group-Wide Items and Eliminations from Storytel AB (publ) refers to the consolidation of financial items and elimination of inter-company transactions to present a unified financial picture.

Why we expect these perspectives ?

Storytel AB's 5% growth in Group-Wide Items and Eliminations is driven by increasing subscription revenue, expanded content offerings, and strategic partnerships. Additionally, cost savings from operational efficiencies and effective marketing strategies contribute to the growth. The company's focus on emerging markets and diversification of revenue streams also support the upward trend.

Segment nΒ°5 -> Other Adjustments

Expected Growth : 6 %

What the company do ?

Other Adjustments from Storytel AB (publ) refers to non-recurring items affecting net income, such as restructuring costs, impairments, or one-time gains/losses.

Why we expect these perspectives ?

Storytel AB's 6% growth is driven by increasing demand for audiobooks, strategic partnerships, and expansion into new markets. The company's focus on content diversification, user engagement, and subscription-based model also contribute to its growth. Additionally, investments in technology and marketing efforts have improved customer acquisition and retention, further fueling growth.

Storytel Ab (Publ) Products

Product Range What is it ?
Audiobooks Storytel offers a vast library of audiobooks in multiple languages, allowing users to access a wide range of genres and titles.
E-books Storytel provides access to a vast collection of e-books, including bestsellers and classics, for users to read on their devices.
Original Content Storytel produces exclusive original content, including audiobooks and podcasts, featuring popular authors and celebrities.
Subscription Service Storytel offers a subscription-based service, allowing users to access a vast library of content for a flat monthly fee.
Publishing Services Storytel provides publishing services, allowing authors and publishers to distribute their content to a wide audience.

Storytel AB (publ)'s Porter Forces

Storytel AB (publ) operates in the digital audiobook subscription market, which is still a growing market. However, there are substitutes such as e-books, physical books, and other forms of entertainment that could potentially threaten Storytel's market share.

Storytel AB (publ) has a large customer base, and individual customers do not have significant bargaining power. However, if a large group of customers were to switch to a competitor, it could have a significant impact on Storytel's revenue.

Storytel AB (publ) relies on publishers and authors to provide content for its platform. While there are many publishers and authors, some larger publishers may have more bargaining power due to their large catalogs of content.

The digital audiobook subscription market is still growing, and there are low barriers to entry. New entrants could potentially disrupt the market and gain market share from Storytel AB (publ).

The digital audiobook subscription market is highly competitive, with several major players competing for market share. Storytel AB (publ) faces intense competition from companies such as Audible, Scribd, and Google Play Books.

Capital Structure

Value
Debt Weight 41.04%
Debt Cost 7.77%
Equity Weight 58.96%
Equity Cost 11.52%
WACC 9.98%
Leverage 69.60%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
BMY.L Bloomsbury Publishing Plc publishes academic, educational, and general fiction and non-fiction books for children, teachers, students, researchers, and professionals worldwide. The company offers books and digital resources to international research …
FUTR.L Future plc, together with its subsidiaries, publishes content for technology, games, TV and entertainment, women's lifestyle, real life, music, creative and photography, sports, home interest, and B2B sectors primarily in …
POL.OL Polaris Media ASA operates as a digital media company in Norway and Sweden. The company provides digital advertising services. It also prints corporate and external newspapers, including editorial vouchers, advertising …
TXGN.SW TX Group AG operates a network of media and platforms that provides users with information, orientation, entertainment, and services in Switzerland. It operates through five divisions: TX Markets, Goldbach, 20 …
ALMA.HE Alma Media Oyj operates as a media company in Finland and internationally. It operates through Alma Career, Alma Talent, and Alma Consumer segments. The Alma Career segment offers recruitment services …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
77.75$
Current Price
77.75$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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