Company Valuation: BioGaia AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,462 8,439 10,219 11,320 10,743 11,118 - -
Change - -19.33% 21.1% 10.77% -5.09% 3.48% - -
Enterprise Value (EV) 1 8,977 6,951 8,665 10,096 9,942 10,451 10,472 10,458
Change - -22.57% 24.67% 16.51% -1.52% 5.12% 0.21% -0.13%
P/E 53.3x 22.6x 28x 32.2x 32.3x 28.7x 23.4x 20.7x
PBR 5.57x 4.28x 5.03x 6.57x 8.18x 8.55x 8.29x 7.85x
PEG - 0.3x -12.95x -8.33x -5.92x 1.8x 1x 1.5x
Capitalization / Revenue 13.3x 7.64x 7.88x 7.96x 6.98x 6.66x 5.92x 5.35x
EV / Revenue 11.4x 6.3x 6.68x 7.1x 6.46x 6.26x 5.58x 5.03x
EV / EBITDA 31.9x 18x 18.5x 20.2x 22.7x 20.2x 16.6x 14.6x
EV / EBIT 35.4x 19.2x 19.6x 23.8x 24.1x 21.3x 17.4x 15.2x
EV / FCF 41.7x - - - 32.8x 32x 24.9x 21.3x
FCF Yield 2.4% - - - 3.05% 3.12% 4.02% 4.7%
Dividend per Share 2 0.726 1.45 1.9 6.9 4 2.95 3.2 6
Rate of return 0.7% 1.74% 1.88% 6.17% 3.77% 2.68% 2.91% 5.46%
EPS 2 1.944 3.7 3.62 3.48 3.29 3.825 4.69 5.32
Distribution rate 37.3% 39.2% 52.5% 198% 122% 77.1% 68.2% 113%
Net sales 1 785.1 1,104 1,297 1,423 1,538 1,670 1,876 2,078
EBITDA 1 281 385.3 468.4 500.1 437.1 518 630 717.5
EBIT 1 253.7 361.5 443.1 423.4 412.5 489.5 601 686.5
Net income 1 196.3 373.6 365.4 351.4 332.8 387 474 538
Net Debt 1 -1,485 -1,488 -1,554 -1,224 -801.3 -667 -645.5 -659.5
Reference price 2 103.60 83.57 101.20 111.90 106.20 109.90 109.90 109.90
Nbr of stocks (in thousands) 100,982 100,982 100,982 101,162 101,162 101,162 - -
Announcement Date 2/4/22 2/3/23 2/7/24 2/12/25 2/12/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
28.73x6.26x20.18x2.68% 1.16B
18.7x4.34x10.2x0.48% 80.65B
20.24x4.32x13.42x2.43% 59.12B
-16.13x24.03x-15.6x-.--% 54.14B
35.37x12.04x23.09x-.--% 50.1B
20.44x4.52x12.88x0.71% 45.33B
36.39x3.45x13.17x-.--% 31.14B
56.23x3.59x27.79x-.--% 25.54B
65.36x6.91x42.04x-.--% 21.8B
23.23x4.99x12.99x-.--% 16.06B
Average 28.86x 7.45x 16.01x 0.63% 38.5B
Weighted average by Cap. 23.19x 8.19x 12.41x 0.57%

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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