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 26.5x 23.2x 21.4x
PBR 4.75x 3.52x 4.5x 4.56x 4.43x 4.78x 4.24x 3.78x
PEG - -6.41x 0.6x 1.5x 2x 3.77x 1.6x 2.48x
Capitalization / Revenue 3.7x 2.39x 2.62x 2.86x 2.76x 3.18x 2.91x 2.71x
EV / Revenue 3.82x 2.62x 2.77x 2.93x 2.95x 3.32x 2.99x 2.73x
EV / EBITDA 18.8x 14.1x 15x 15.2x 14.4x 16.3x 14.4x 13.1x
EV / EBIT 25.5x 20.9x 17.3x 17.7x 16.7x 18.6x 16.5x 15x
EV / FCF 38.7x 94.9x 26.2x 22.2x 31.6x 34.6x 28x 24.2x
FCF Yield 2.58% 1.05% 3.82% 4.5% 3.16% 2.89% 3.57% 4.13%
Dividend per Share 2 6 6 7.5 8.5 9 9.711 10.61 11.5
Rate of return 1.65% 1.99% 1.86% 1.84% 1.93% 1.71% 1.87% 2.03%
EPS 2 11.38 10.89 15.31 17.88 20.01 21.42 24.44 26.55
Distribution rate 52.7% 55.1% 49% 47.5% 45% 45.3% 43.4% 43.3%
Net sales 1 40,911 52,135 63,598 66,954 69,674 73,652 80,658 86,411
EBITDA 1 8,305 9,678 11,780 12,853 14,252 15,042 16,689 18,005
EBIT 1 6,126 6,519 10,221 11,089 12,334 13,141 14,639 15,728
Net income 1 4,759 4,503 6,330 7,391 8,272 8,831 10,080 10,906
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.($)
26.49x3.32x16.27x1.71% 24.11B
36.27x6.22x23.08x0.74% 124B
31.71x5.87x20.31x1.9% 38.68B
35.35x4.51x16.64x0.1% 33.13B
21.3x1.76x12.92x2.28% 30.28B
26.26x3.16x13.77x1.45% 28.56B
22.71x3.3x14.21x1.03% 27.72B
24.79x3.89x13.05x1.47% 27.58B
109.49x37.88x88.82x0.35% 25.76B
20.57x4.14x14.87x2.43% 21.07B
Average 35.49x 7.40x 23.39x 1.35% 38.14B
Weighted average by Cap. 35.43x 6.91x 22.92x 1.18%

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

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  4. Valuation Alfa Laval AB