(STORY-B) Storytel (publ) - Ratings and Ratios

Storytel AB (publ) is a leading provider of audiobooks and e-books streaming services, operating through two main segments: Streaming and Publishing. The Streaming segment offers a vast library of audiobooks and e-books under prominent brands such as Storytel, Mofibo, and Audiobooks.com, catering to a diverse customer base across multiple regions. Meanwhile, the Publishing segment is responsible for publishing books in various formats, including printed books, audiobooks, and e-books, through a portfolio of esteemed publishing houses like Printz Publishing, Brombergs, and Norstedts.

With a presence in Sweden, Denmark, the United States, Finland, the Netherlands, and internationally, Storytel AB (publ) has established itself as a significant player in the global publishing industry. Since its incorporation in 1999, the company has been headquartered in Stockholm, Sweden, and has continued to expand its operations and offerings. The companys website (https://www.storytel.com) provides a gateway to its services and further information about its business.

Analyzing the available data, we can infer that Storytel AB (publ) has demonstrated a strong growth trajectory, reflected in its market capitalization of 7699.65M SEK. The companys P/E ratio of 32.61 and forward P/E of 20.83 suggest that investors have high expectations for its future earnings growth. Additionally, the Return on Equity (RoE) of 17.54% indicates that the company is generating substantial returns for its shareholders.

From a technical analysis perspective, the stocks current price of 96.65 is slightly below its 20-day Simple Moving Average (SMA) of 97.28, while above its 50-day SMA of 93.96. The 200-day SMA stands at 73.79, indicating a longer-term uptrend. The Average True Range (ATR) of 4.57 (or 4.73%) suggests moderate volatility. Given the 52-week high of 103.90 and low of 45.13, the stock has shown significant price movement in the past year.

Forecasting future performance, we can anticipate that Storytel AB (publ) will continue to grow, driven by the increasing demand for audiobooks and e-books. The companys diversified revenue streams, including both streaming services and publishing, position it well for sustained growth. Based on the available technical and fundamental data, a potential price target for STORY-B could be around 110-115 SEK in the next 6-12 months, representing a 13-19% increase from the current price. This forecast is contingent upon the companys continued ability to expand its user base, improve its content offerings, and maintain its competitive edge in the market.