Company Valuation: Alfa Laval AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 151,398 124,453 166,736 191,205 192,486 234,521 - -
Change - -17.8% 33.98% 14.68% 0.67% 21.84% - -
Enterprise Value (EV) 1 156,286 136,401 176,347 195,915 205,665 244,805 240,880 235,906
Change - -12.72% 29.29% 11.1% 4.98% 19.03% -1.6% -2.07%
P/E 32x 27.6x 26.3x 25.9x 23.3x 26.4x 22.8x 20.9x
PBR 4.75x 3.52x 4.5x 4.56x 4.43x 4.79x 4.24x 3.78x
PEG - -6.41x 0.6x 1.5x 2x 3.59x 1.5x 2.29x
Capitalization / Revenue 3.7x 2.39x 2.62x 2.86x 2.76x 3.19x 2.88x 2.68x
EV / Revenue 3.82x 2.62x 2.77x 2.93x 2.95x 3.32x 2.96x 2.7x
EV / EBITDA 18.8x 14.1x 15x 15.2x 14.4x 16.2x 14.2x 12.9x
EV / EBIT 25.5x 20.9x 17.3x 17.7x 16.7x 18.8x 16.2x 14.8x
EV / FCF 38.7x 94.9x 26.2x 22.2x 31.6x 35.3x 28.3x 24.2x
FCF Yield 2.58% 1.05% 3.82% 4.5% 3.16% 2.83% 3.54% 4.14%
Dividend per Share 2 6 6 7.5 8.5 9 9.733 10.75 11.67
Rate of return 1.65% 1.99% 1.86% 1.84% 1.93% 1.72% 1.89% 2.06%
EPS 2 11.38 10.89 15.31 17.88 20.01 21.48 24.83 27.1
Distribution rate 52.7% 55.1% 49% 47.5% 45% 45.3% 43.3% 43%
Net sales 1 40,911 52,135 63,598 66,954 69,674 73,630 81,490 87,466
EBITDA 1 8,305 9,678 11,780 12,853 14,252 15,092 16,912 18,278
EBIT 1 6,126 6,519 10,221 11,089 12,334 13,055 14,868 15,970
Net income 1 4,759 4,503 6,330 7,391 8,272 8,835 10,157 11,060
Net Debt 1 4,888 11,948 9,611 4,710 13,179 10,284 6,359 1,384
Reference price 2 364.40 301.10 403.40 462.60 465.70 567.40 567.40 567.40
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.($)
36.63x6.27x23.29x0.73% 126B
29.44x5.53x19.04x2.06% 38.26B
35.48x4.67x17.64x0.09% 34.92B
23.04x1.98x14.22x2.1% 33.51B
26.17x4.14x13.9x1.39% 30.24B
26.68x3.24x13.96x1.41% 28.54B
23.24x3.37x14.53x1.01% 28.34B
26.42x3.32x16.22x1.72% 24.72B
Average 28.39x 4.07x 16.60x 1.31% 43.03B
Weighted average by Cap. 30.81x 4.72x 18.54x 1.16%

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