Company Valuation: Afry AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 28,869 19,355 15,821 17,407 16,988 11,959 - -
Change - -32.96% -18.26% 10.02% -2.41% -29.6% - -
Enterprise Value (EV) 1 32,434 19,355 22,663 23,542 22,309 17,324 16,760 16,187
Change - -40.33% 17.09% 3.88% -5.24% -22.34% -3.26% -3.42%
P/E 25.6x 19.9x 14.4x 14.2x 21.2x 11.3x 8.54x 7.86x
PBR 2.63x - 1.27x 1.33x 1.34x 0.9x 0.85x 0.82x
PEG - -1.4x 1.1x 1.2x -0.6x 0.3x 0.3x 0.91x
Capitalization / Revenue 1.44x 0.82x 0.59x 0.64x 0.66x 0.47x 0.45x 0.43x
EV / Revenue 1.61x 0.82x 0.84x 0.87x 0.87x 0.69x 0.63x 0.59x
EV / EBITDA 13.7x 7.96x 8.34x 8.28x 10.1x 6.9x 5.78x 5.36x
EV / EBIT 21.3x 13.4x 12.7x 12.1x 16.1x 10.4x 8.15x 7.36x
EV / FCF 22.4x - 13.8x 12.5x 10.5x 12.2x 10.8x 9.38x
FCF Yield 4.46% - 7.27% 8.02% 9.56% 8.19% 9.25% 10.7%
Dividend per Share 2 5.5 - 5.5 6 6 6.332 7.403 8.206
Rate of return 2.16% - 3.94% 3.9% 4% 6% 7.01% 7.77%
EPS 2 9.973 8.603 9.71 10.85 7.07 9.364 12.36 13.44
Distribution rate 55.1% - 56.6% 55.3% 84.9% 67.6% 59.9% 61.1%
Net sales 1 20,104 23,552 26,978 27,160 25,758 25,190 26,479 27,540
EBITDA 1 2,359 2,430 2,718 2,842 2,219 2,510 2,900 3,020
EBIT 1 1,523 1,444 1,779 1,941 1,387 1,664 2,057 2,200
Net income 1 1,129 974 1,100 1,229 800 1,060 1,400 1,521
Net Debt 1 3,565 - 6,842 6,135 5,321 5,365 4,800 4,227
Reference price 2 255.00 170.90 139.70 153.70 150.00 105.60 105.60 105.60
Nbr of stocks (in thousands) 113,212 113,252 113,252 113,252 113,252 113,252 - -
Announcement Date 2/4/22 2/10/23 2/2/24 2/7/25 2/5/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
37.01x6.74x23.95x0.93% 81.25B
33.85x3.89x12.99x1.36% 17.54B
38.2x1.25x13.58x0.97% 16.98B
20.72x2.13x10.49x3.53% 14.56B
25.4x2.84x12.14x2.97% 12.1B
26.34x3.66x14.06x2.2% 8.38B
14.76x0.64x9.17x1.44% 6.74B
9.68x1.14x6.1x2.17% 5.76B
19.5x0.41x9.61x3.82% 5.55B
Average 25.05x 2.52x 12.45x 2.15% 18.76B
Weighted average by Cap. 31.64x 4.42x 17.60x 1.57%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield