Company Valuation: Assa Abloy AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 306,796 248,481 322,458 363,002 398,658 377,664 - -
Change - -19.01% 29.77% 12.57% 9.82% -5.27% - -
Enterprise Value (EV) 1 333,867 280,213 386,567 433,255 462,935 433,839 426,547 417,162
Change - -16.07% 37.95% 12.08% 6.85% -6.28% -1.68% -2.2%
P/E 28.2x 18.7x 23.7x 23.2x 27.1x 22.5x 19.9x 18.2x
PBR 4.41x 2.89x 3.52x 3.39x 3.92x 3.43x 3.1x 2.8x
PEG - 0.8x 9.46x 1.6x -4.49x 1.2x 1.5x 1.86x
Capitalization / Revenue 3.23x 2.06x 2.29x 2.42x 2.62x 2.39x 2.21x 2.09x
EV / Revenue 3.51x 2.32x 2.75x 2.89x 3.04x 2.74x 2.49x 2.3x
EV / EBITDA 18.5x 12.4x 14.1x 14.5x 15.1x 13.4x 12.1x 11x
EV / EBIT 23.5x 15.1x 17.4x 17.8x 18.8x 16.4x 14.6x 13.3x
EV / FCF 30.8x 22.7x 20.5x 22.4x 24.6x 22.7x 20.8x 18.1x
FCF Yield 3.24% 4.41% 4.88% 4.46% 4.06% 4.41% 4.81% 5.53%
Dividend per Share 2 4.2 4.8 5.4 5.9 6.4 6.879 7.625 8.369
Rate of return 1.52% 2.15% 1.86% 1.81% 1.78% 1.95% 2.16% 2.37%
EPS 2 9.81 11.97 12.27 14.08 13.23 15.69 17.73 19.46
Distribution rate 42.8% 40.1% 44% 41.9% 48.4% 43.9% 43% 43%
Net sales 1 95,007 120,793 140,716 150,162 152,409 158,158 171,017 181,106
EBITDA 1 18,023 22,620 27,358 29,940 30,745 32,289 35,363 37,829
EBIT 1 14,181 18,532 22,185 24,296 24,664 26,401 29,152 31,332
Net income 1 10,901 13,291 13,633 15,639 14,701 17,448 19,731 21,664
Net Debt 1 27,071 31,732 64,109 70,253 64,277 56,175 48,883 39,498
Reference price 2 276.20 223.70 290.30 326.80 358.90 353.30 353.30 353.30
Nbr of stocks (in thousands) 1,110,776 1,110,776 1,110,776 1,110,776 1,110,776 1,110,776 - -
Announcement Date 2/4/22 2/3/23 2/7/24 2/5/25 2/5/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.25x1.46x13.92x1.63% 43.2B
22.52x2.84x13.89x1.95% 39.33B
11.39x0.9x5.85x3.5% 37B
27.62x5.54x18.78x2.5% 20.89B
23.52x2x14.45x0.62% 20.54B
15.57x2.14x10.65x1.83% 13.73B
17.45x2.91x11.97x1.42% 12.91B
-22.02x1.44x16.25x3.01% 12.56B
20.94x3.29x10.87x0.61% 9.81B
Average 15.25x 2.50x 12.96x 1.9% 23.33B
Weighted average by Cap. 17.19x 2.30x 12.69x 2.04%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Assa Abloy AB

Historical PBR trend

Valuation ratios - PBR - Assa Abloy AB

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Assa Abloy AB

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Assa Abloy AB


Year-on-year evolution of the Yield

Valuation ratios - Yield - Assa Abloy AB