Company Valuation: Boliden

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 95,729 107,011 86,007 84,913 146,294 152,484 - -
Change - 11.79% -19.63% -1.27% 72.29% 4.23% - -
Enterprise Value (EV) 1 94,811 106,996 96,735 95,575 161,499 167,059 162,331 156,819
Change - 12.85% -9.59% -1.2% 68.98% 3.44% -2.83% -3.4%
P/E 11x 8.62x 14.2x 8.47x 15.4x 12.6x 10.4x 9.55x
PBR 1.88x 1.84x 1.52x 1.31x 1.91x 1.78x 1.58x 1.44x
PEG - 0.2x -0.3x 0.1x -1.73x 0.5x 0.5x 1.1x
Capitalization / Revenue 1.39x 1.24x 1.09x 0.95x 1.56x 1.3x 1.2x 1.19x
EV / Revenue 1.38x 1.24x 1.23x 1.07x 1.73x 1.42x 1.28x 1.22x
EV / EBITDA 5.68x 4.85x 6.66x 4.67x 7.35x 6.22x 5.31x 4.93x
EV / EBIT 8.55x 6.73x 11.7x 6.98x 12.2x 10.2x 8.28x 7.45x
EV / FCF 13.3x 16.9x -28.8x 35.9x -17.5x 40.9x 18.3x 13x
FCF Yield 7.54% 5.92% -3.47% 2.79% -5.73% 2.44% 5.45% 7.68%
Dividend per Share 2 26 26.5 7.5 - - 14.58 21.69 24.31
Rate of return 7.43% 6.77% 2.38% - - 2.71% 4.04% 4.53%
EPS 2 31.81 45.37 22.21 36.65 33.39 42.49 51.73 56.23
Distribution rate 81.7% 58.4% 33.8% - - 34.3% 41.9% 43.2%
Net sales 1 68,635 86,437 78,554 89,207 93,509 117,657 127,232 128,083
EBITDA 1 16,703 22,057 14,533 20,475 21,972 26,873 30,569 31,839
EBIT 1 11,083 15,895 8,287 13,692 13,192 16,430 19,599 21,053
Net income 1 8,701 12,410 6,074 10,022 9,404 11,832 14,228 15,508
Net Debt 1 -918 -15 10,728 10,662 15,205 14,575 9,847 4,335
Reference price 2 350.00 391.25 314.50 310.50 515.20 537.00 537.00 537.00
Nbr of stocks (in thousands) 273,511 273,511 273,471 273,471 283,955 283,955 - -
Announcement Date 2/11/22 2/14/23 2/8/24 2/6/25 2/3/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.97x8.9x13.76x2.41% 146B
24.35x3.29x7.94x0.96% 90.28B
11.7x1.47x5.58x2.92% 54.2B
50.91x - - 0.28% 35.43B
41.3x5.67x21.89x0.57% 28B
27.91x - - 1.9% 20.06B
15.54x4.37x5.55x1.31% 15.28B
19.17x1.08x9.95x2.25% 14.69B
Average 26.73x 4.13x 10.78x 1.58% 50.47B
Weighted average by Cap. 25.31x 5.50x 11.11x 1.76%

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