Company Valuation: Alfa Laval AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 151,398 124,453 166,736 191,205 192,486 232,951 - -
Change - -17.8% 33.98% 14.68% 0.67% 21.02% - -
Enterprise Value (EV) 1 156,286 136,401 176,347 195,915 205,665 242,790 239,093 232,023
Change - -12.72% 29.29% 11.1% 4.98% 18.05% -1.52% -2.96%
P/E 32x 27.6x 26.3x 25.9x 23.3x 26.2x 23.8x 22.3x
PBR 4.75x 3.52x 4.5x 4.56x 4.43x 4.75x 4.24x 3.8x
PEG - -6.41x 0.6x 1.5x 2x 3.54x 2.3x 3.34x
Capitalization / Revenue 3.7x 2.39x 2.62x 2.86x 2.76x 3.24x 3.01x 2.83x
EV / Revenue 3.82x 2.62x 2.77x 2.93x 2.95x 3.38x 3.09x 2.82x
EV / EBITDA 18.8x 14.1x 15x 15.2x 14.4x 16.2x 14.7x 13.5x
EV / EBIT 25.5x 20.9x 17.3x 17.7x 16.7x 18.7x 17x 15.5x
EV / FCF 38.7x 94.9x 26.2x 22.2x 31.6x 31.5x 28.3x 24.6x
FCF Yield 2.58% 1.05% 3.82% 4.5% 3.16% 3.17% 3.53% 4.06%
Dividend per Share 2 6 6 7.5 8.5 9 9.785 10.55 11.21
Rate of return 1.65% 1.99% 1.86% 1.84% 1.93% 1.74% 1.87% 1.99%
EPS 2 11.38 10.89 15.31 17.88 20.01 21.49 23.71 25.3
Distribution rate 52.7% 55.1% 49% 47.5% 45% 45.5% 44.5% 44.3%
Net sales 1 40,911 52,135 63,598 66,954 69,674 71,810 77,346 82,248
EBITDA 1 8,305 9,678 11,780 12,853 14,252 15,017 16,255 17,222
EBIT 1 6,126 6,519 10,221 11,089 12,334 13,008 14,083 14,960
Net income 1 4,759 4,503 6,330 7,391 8,272 8,890 9,842 10,476
Net Debt 1 4,888 11,948 9,611 4,710 13,179 9,839 6,142 -927.6
Reference price 2 364.40 301.10 403.40 462.60 465.70 563.60 563.60 563.60
Nbr of stocks (in thousands) 415,473 413,326 413,326 413,326 413,326 413,326 - -
Announcement Date 2/2/22 2/2/23 2/6/24 2/5/25 2/2/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.69x6.12x22.79x0.76% 122B
35x6.56x22.57x1.73% 42.98B
33.38x4.3x15.89x0.11% 31.55B
21.15x1.75x12.9x2.3% 30B
26.17x4.16x13.97x1.39% 29.48B
23.74x3.47x14.94x0.99% 28.92B
26.17x3.14x13.69x1.44% 28.39B
110.88x7.54x39.69x - 27.13B
46.49x11.02x34.74x0.8% 23.19B
Average 39.85x 5.34x 21.24x 1.19% 40.46B
Weighted average by Cap. 38.04x 5.47x 21.33x 1.09%

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