Company Valuation: Boliden AB

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 84,913 146,294 146,297 - -
Change - 11.79% -19.63% -1.27% 72.29% 0% - -
Enterprise Value (EV) 1 94,811 106,996 96,735 95,575 161,499 161,308 157,116 152,397
Change - 12.85% -9.59% -1.2% 68.98% -0.12% -2.6% -3%
P/E 11x 8.62x 14.2x 8.47x 15.4x 12.6x 10.1x 9.34x
PBR 1.88x 1.84x 1.52x 1.31x 1.91x 1.74x 1.52x 1.4x
PEG - 0.2x -0.3x 0.1x -1.73x 0.5x 0.4x 1.13x
Capitalization / Revenue 1.39x 1.24x 1.09x 0.95x 1.56x 1.26x 1.13x 1.12x
EV / Revenue 1.38x 1.24x 1.23x 1.07x 1.73x 1.39x 1.21x 1.16x
EV / EBITDA 5.68x 4.85x 6.66x 4.67x 7.35x 6.04x 5.08x 4.72x
EV / EBIT 8.55x 6.73x 11.7x 6.98x 12.2x 9.95x 7.82x 7.17x
EV / FCF 13.3x 16.9x -28.8x 35.9x -17.5x 37.4x 17.1x 12.1x
FCF Yield 7.54% 5.92% -3.47% 2.79% -5.73% 2.67% 5.86% 8.28%
Dividend per Share 2 26 26.5 7.5 - - 14.01 21.21 25.19
Rate of return 7.43% 6.77% 2.38% - - 2.67% 4.04% 4.79%
EPS 2 31.81 45.37 22.21 36.65 33.39 41.83 52 56.3
Distribution rate 81.7% 58.4% 33.8% - - 33.5% 40.8% 44.7%
Net sales 1 68,635 86,437 78,554 89,207 93,509 116,452 129,698 130,978
EBITDA 1 16,703 22,057 14,533 20,475 21,972 26,717 30,931 32,289
EBIT 1 11,083 15,895 8,287 13,692 13,192 16,214 20,096 21,252
Net income 1 8,701 12,410 6,074 10,022 9,404 11,700 14,460 15,410
Net Debt 1 -918 -15 10,728 10,662 15,205 15,011 10,818 6,100
Reference price 2 350.00 391.25 314.50 310.50 515.20 525.60 525.60 525.60
Nbr of stocks (in thousands) 273,511 273,511 273,471 273,471 283,955 283,962 - -
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.($)
24.31x9.4x14.4x2.12% 159B
23.36x3.5x8.33x0.86% 99.57B
11.94x1.38x5.71x2.96% 54.36B
19.5x3.66x12.48x0.9% 22.25B
7.07x0.29x8.02x6.01% 19.65B
32.93x - - 1.23% 20.08B
20.42x1.19x10.21x2.15% 17.61B
11.04x1.52x10.45x2.94% 16.58B
Average 18.82x 2.99x 9.94x 2.4% 51.14B
Weighted average by Cap. 21.06x 5.27x 10.84x 2.04%

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

40% Discount: Identify Tomorrow's Best Investments With The Best Subscriber-Only Tools!
d
:
:
SEIZE THE OFFER!