Company Valuation: Arjo AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 30,179 10,606 10,731 9,876 8,721 7,490 - -
Change - -64.86% 1.18% -7.97% -11.69% -14.12% - -
Enterprise Value (EV) 1 34,520 15,650 15,051 14,067 12,976 11,667 11,511 11,177
Change - -54.66% -3.83% -6.54% -7.75% -10.09% -1.34% -2.9%
P/E 40.7x 23.7x 22.4x 19.8x 26x 14.7x 12.6x 11x
PBR 4.38x 1.39x 1.42x 1.18x 1.17x 0.96x 0.92x 0.87x
PEG - -0.6x 3.06x 4.98x -0.8x 0.3x 0.8x 0.8x
Capitalization / Revenue 3.33x 1.06x 0.98x 0.87x 0.79x 0.67x 0.64x 0.62x
EV / Revenue 3.81x 1.57x 1.37x 1.25x 1.18x 1.05x 0.99x 0.93x
EV / EBITDA 16.7x 8.5x 7.46x 6.74x 6.75x 5.97x 5.56x 5.07x
EV / EBIT 30.9x 20.5x 15.7x 13.8x 15.6x 13.4x 11.9x 10.4x
EV / FCF 32.6x 447x 10.3x 15x 17.1x 15.5x 14.1x 12.6x
FCF Yield 3.07% 0.22% 9.68% 6.65% 5.83% 6.47% 7.08% 7.95%
Dividend per Share 2 1.15 0.85 0.9 0.95 0.95 0.92 0.976 1.092
Rate of return 1.04% 2.18% 2.28% 2.62% 2.97% 3.35% 3.55% 3.97%
EPS 2 2.72 1.64 1.76 1.83 1.23 1.868 2.177 2.491
Distribution rate 42.3% 51.8% 51.1% 51.9% 77.2% 49.3% 44.8% 43.8%
Net sales 1 9,070 9,979 10,980 11,292 11,000 11,153 11,622 12,061
EBITDA 1 2,072 1,841 2,017 2,086 1,922 1,955 2,072 2,204
EBIT 1 1,116 765 957 1,019 831 872.7 971.2 1,073
Net income 1 742 447 480 498 334 509 592.9 678.3
Net Debt 1 4,341 5,044 4,320 4,191 4,255 4,177 4,021 3,687
Reference price 2 110.80 38.94 39.40 36.26 32.02 27.50 27.50 27.50
Nbr of stocks (in thousands) 272,370 272,370 272,370 272,370 272,370 272,370 - -
Announcement Date 2/3/22 1/25/23 1/30/24 1/14/25 1/30/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.72x1.05x5.97x3.35% 755M
28.7x3.97x15.34x2.54% 175B
18.75x3.44x12.31x3.18% 113B
16.81x0.2x12.34x0.77% 58.57B
35.42x3.42x11.72x2.13% 50.07B
28.64x7.07x18.26x1.4% 49.92B
34.72x6.1x19.16x-.--% 32.69B
45.51x1.29x11.97x0.21% 30.44B
43.2x7.58x27.18x0.24% 26.07B
54.38x7.25x23.3x0.39% 23.55B
Average 32.08x 4.14x 15.75x 1.42% 56.07B
Weighted average by Cap. 29.04x 3.98x 15.26x 1.88%

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