Company Valuation: Axfood AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 54,451 61,699 58,907 50,484 62,660 56,691 - -
Change - 13.31% -4.52% -14.3% 24.12% -9.53% - -
Enterprise Value (EV) 1 62,091 70,681 68,246 65,345 77,258 71,466 70,819 70,674
Change - 13.83% -3.44% -4.25% 18.23% -7.5% -0.91% -0.2%
P/E 25.4x 26x 25.1x 23.1x 26.9x 22.8x 20.4x 19.3x
PBR 11x 9.34x 8.61x 7.19x 8.35x 7.47x 6.75x 6.11x
PEG - 3.55x -22.99x -3.3x 4x 3.33x 1.7x 3.44x
Capitalization / Revenue 0.94x 0.84x 0.73x 0.6x 0.7x 0.62x 0.6x 0.58x
EV / Revenue 1.07x 0.96x 0.84x 0.78x 0.87x 0.78x 0.75x 0.72x
EV / EBITDA 12.2x 12.4x 10.8x 9.8x 10.1x 9.03x 8.42x 8.11x
EV / EBIT 23.1x 21.9x 18.9x 19x 20.9x 18.8x 17.1x 16.3x
EV / FCF 22.5x 21.2x 17.7x 16.7x 15.4x 18.8x 14.4x 15.4x
FCF Yield 4.45% 4.72% 5.66% 6% 6.5% 5.32% 6.93% 6.49%
Dividend per Share 2 7.75 8.15 8.5 8.75 9 9.479 9.993 10.39
Rate of return 2.98% 2.85% 3.11% 3.74% 3.1% 3.61% 3.81% 3.96%
EPS 2 10.24 10.99 10.87 10.11 10.79 11.53 12.88 13.6
Distribution rate 75.7% 74.2% 78.2% 86.5% 83.4% 82.2% 77.6% 76.4%
Net sales 1 57,891 73,474 81,111 84,057 89,152 91,193 94,786 98,115
EBITDA 1 5,103 5,716 6,345 6,665 7,649 7,912 8,409 8,718
EBIT 1 2,690 3,229 3,602 3,433 3,688 3,805 4,131 4,329
Net income 1 2,150 2,360 2,357 2,192 2,339 2,526 2,820 2,977
Net Debt 1 7,640 8,982 9,339 14,861 14,598 14,775 14,128 13,983
Reference price 2 260.40 285.90 273.00 234.00 290.20 262.60 262.60 262.60
Nbr of stocks (in thousands) 209,105 215,805 215,778 215,745 215,922 215,884 - -
Announcement Date 2/3/22 2/1/23 2/1/24 1/30/25 1/29/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
40.38x1.29x19.79x0.86% 922B
25.37x1.22x10.56x0.93% 52.95B
16.79x0.59x8.46x3.07% 43.17B
16.9x0.68x12.6x2.73% 39.83B
21.66x0.9x6.05x5.84% 36.41B
12.58x0.35x6.47x2.38% 37.26B
27.04x0.84x9.7x2.73% 33.6B
12.07x0.46x5.87x3.9% 31.32B
15.93x0.63x7.22x2.96% 28.58B
Average 20.97x 0.77x 9.64x 2.82% 136.08B
Weighted average by Cap. 35.07x 1.15x 17.02x 1.37%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Axfood AB

Historical PBR trend

Valuation ratios - PBR - Axfood AB

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Axfood AB

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Axfood AB


Year-on-year evolution of the Yield

Valuation ratios - Yield - Axfood AB