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 12,605 - -
Change - -32.96% -18.26% 10.02% -2.41% -25.8% - -
Enterprise Value (EV) 1 32,434 19,355 22,663 23,542 22,309 17,566 16,974 16,384
Change - -40.33% 17.09% 3.88% -5.24% -21.26% -3.37% -3.47%
P/E 25.6x 19.9x 14.4x 14.2x 21.2x 11.5x 8.76x 7.94x
PBR 2.63x - 1.27x 1.33x 1.34x 0.97x 0.92x 0.87x
PEG - -1.4x 1.1x 1.2x -0.6x 0.3x 0.3x 0.8x
Capitalization / Revenue 1.44x 0.82x 0.59x 0.64x 0.66x 0.5x 0.47x 0.45x
EV / Revenue 1.61x 0.82x 0.84x 0.87x 0.87x 0.69x 0.64x 0.59x
EV / EBITDA 13.7x 7.96x 8.34x 8.28x 10.1x 6.88x 5.78x 5.27x
EV / EBIT 21.3x 13.4x 12.7x 12.1x 16.1x 10.3x 8.01x 7.14x
EV / FCF 22.4x - 13.8x 12.5x 10.5x 12.7x 9.8x 8.7x
FCF Yield 4.46% - 7.27% 8.02% 9.56% 7.9% 10.2% 11.5%
Dividend per Share 2 5.5 - 5.5 6 6 6.832 7.952 8.718
Rate of return 2.16% - 3.94% 3.9% 4% 6.06% 7.05% 7.73%
EPS 2 9.973 8.603 9.71 10.85 7.07 9.828 12.88 14.21
Distribution rate 55.1% - 56.6% 55.3% 84.9% 69.5% 61.7% 61.4%
Net sales 1 20,104 23,552 26,978 27,160 25,758 25,360 26,598 27,847
EBITDA 1 2,359 2,430 2,718 2,842 2,219 2,552 2,937 3,110
EBIT 1 1,523 1,444 1,779 1,941 1,387 1,713 2,119 2,296
Net income 1 1,129 974 1,100 1,229 800 1,113 1,460 1,609
Net Debt 1 3,565 - 6,842 6,135 5,321 4,961 4,369 3,779
Reference price 2 255.00 170.90 139.70 153.70 150.00 112.80 112.80 112.80
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.($)
11.48x0.7x6.95x6.06% 1.32B
37.1x6.66x24.03x0.96% 72.56B
38.93x4.66x15.22x1.15% 21.02B
29.52x1.21x12.3x1.11% 15.1B
19.05x2.04x10.1x3.67% 13.82B
25.15x2.83x12.14x2.98% 11.93B
26.75x3.66x14.11x2.18% 8.24B
15.21x0.66x9.47x1.38% 6.93B
18.14x0.39x8.88x4.05% 5.22B
Average 24.59x 2.53x 12.58x 2.62% 17.35B
Weighted average by Cap. 31.73x 4.48x 17.75x 1.63%

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