Company Valuation: Alfa Laval AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 151,398 124,453 166,736 191,205 192,486 233,695 - -
Change - -17.8% 33.98% 14.68% 0.67% 21.41% - -
Enterprise Value (EV) 1 156,286 136,401 176,347 195,915 205,665 243,832 239,531 232,767
Change - -12.72% 29.29% 11.1% 4.98% 18.56% -1.76% -2.82%
P/E 32x 27.6x 26.3x 25.9x 23.3x 26.2x 23.4x 21.9x
PBR 4.75x 3.52x 4.5x 4.56x 4.43x 4.76x 4.23x 3.79x
PEG - -6.41x 0.6x 1.5x 2x 3.29x 2x 3.16x
Capitalization / Revenue 3.7x 2.39x 2.62x 2.86x 2.76x 3.24x 2.98x 2.8x
EV / Revenue 3.82x 2.62x 2.77x 2.93x 2.95x 3.38x 3.06x 2.79x
EV / EBITDA 18.8x 14.1x 15x 15.2x 14.4x 16.2x 14.5x 13.3x
EV / EBIT 25.5x 20.9x 17.3x 17.7x 16.7x 18.7x 16.7x 15.3x
EV / FCF 38.7x 94.9x 26.2x 22.2x 31.6x 31.4x 27.9x 24.1x
FCF Yield 2.58% 1.05% 3.82% 4.5% 3.16% 3.18% 3.59% 4.15%
Dividend per Share 2 6 6 7.5 8.5 9 9.807 10.68 11.36
Rate of return 1.65% 1.99% 1.86% 1.84% 1.93% 1.73% 1.89% 2.01%
EPS 2 11.38 10.89 15.31 17.88 20.01 21.6 24.18 25.85
Distribution rate 52.7% 55.1% 49% 47.5% 45% 45.4% 44.2% 44%
Net sales 1 40,911 52,135 63,598 66,954 69,674 72,139 78,392 83,475
EBITDA 1 8,305 9,678 11,780 12,853 14,252 15,080 16,505 17,519
EBIT 1 6,126 6,519 10,221 11,089 12,334 13,048 14,385 15,252
Net income 1 4,759 4,503 6,330 7,391 8,272 8,936 10,007 10,640
Net Debt 1 4,888 11,948 9,611 4,710 13,179 10,137 5,837 -927.6
Reference price 2 364.40 301.10 403.40 462.60 465.70 565.40 565.40 565.40
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.($)
25.93x3.35x16.03x1.75% 24.05B
34.99x6.01x22.31x0.77% 120B
32.76x6.09x21.07x1.84% 40.34B
33.04x4.23x15.63x0.11% 30.97B
21.06x1.74x12.79x2.3% 29.94B
123.63x42.78x100.31x0.31% 29.1B
26.56x3.19x13.89x1.42% 28.86B
23.41x3.43x14.8x1% 28.58B
92.46x6.35x33.44x - 22.62B
43.75x10.33x32.55x0.85% 21.9B
Average 45.76x 8.75x 28.28x 1.15% 37.65B
Weighted average by Cap. 42.19x 8.07x 26.55x 1.07%

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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