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Added to YB: 2025-10-28

Pitch date: 2025-10-24

RAY-B.ST [bullish]

RaySearch Laboratories AB (publ)

-1.93%

current return

Author Info

Ridire Research is an independent equity research platform focused on actionable, high-conviction long/short equity ideas. We combine fundamental rigor with quantitative structure to identify mispriced opportunities others overlook. Sign up for the newsletter.

Company Info

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

Market Cap

SEK 7.2B

Pitch Price

SEK 233.00

Price Target

N/A

Dividend

N/A

EV/EBITDA

18.12

P/E

32.96

EV/Sales

5.66

Sector

Health Care Technology

Category

growth

Show full summary:
RaySearch Laboratories (RAYB) — Software as Infrastructure

RAY-B.ST: Mission-critical radiotherapy software w/ 85% proton therapy market share, 1000+ cancer centers across 46 countries. RayStation creates massive switching costs via deep integration, retraining requirements & regulatory validation. Multi-vendor compatibility moat vs OEM bundling. 20yr data advantage enables ML optimization. Recurring revenue from upgrades as treatment complexity rises.

Read full article (3 min)