Company Valuation: Catella AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,157 3,209 2,862 2,456 2,524 1,565 - -
Change - -22.8% -10.84% -14.17% 2.78% -38.01% - -
Enterprise Value (EV) 1 5,591 4,299 4,608 4,290 1,738 1,020 911.8 751.8
Change - -23.11% 7.17% -6.89% -59.48% -41.34% -10.59% -17.55%
P/E 24.5x 6.73x -135x 84.4x 53x 152x 7.88x 6.42x
PBR 2.47x 1.48x 1.44x 1.23x 1.34x 0.87x 0.8x 0.74x
PEG - 0x 1x -0x 0.8x -2x 0x 0.3x
Capitalization / Revenue 2.4x 1.61x 1.69x 1.11x 1.34x 1.07x 0.93x 0.84x
EV / Revenue 3.22x 2.15x 2.72x 1.94x 0.92x 0.7x 0.54x 0.41x
EV / EBITDA 21.2x 4.86x 21.2x 20.8x 4.57x 7.34x 2.54x 1.75x
EV / EBIT 39.1x 5.31x 31.8x 35.2x 5.97x 16.1x 3.33x 2.23x
EV / FCF -136x 33.3x -31.3x 40.1x 1.73x -85x 3.45x 2.59x
FCF Yield -0.73% 3% -3.19% 2.49% 57.8% -1.18% 29% 38.6%
Dividend per Share 2 1 1.2 0.9 0.9 0.9 0.95 0.99 1.225
Rate of return 2.12% 3.3% 2.78% 3.23% 3.15% 5.21% 5.43% 6.72%
EPS 2 1.92 5.41 -0.24 0.33 0.54 0.12 2.315 2.84
Distribution rate 52.1% 22.2% -375% 273% 167% 792% 42.8% 43.1%
Net sales 1 1,735 1,996 1,697 2,206 1,890 1,456 1,686 1,852
EBITDA 1 264 885 217 206 380 139 359 430
EBIT 1 143 810 145 122 291 63.5 274 337
Net income 1 174 491 -21 30 48 10 189 225.5
Net Debt 1 1,434 1,090 1,746 1,834 -786 -545 -653 -813
Reference price 2 47.10 36.40 32.40 27.85 28.60 18.24 18.24 18.24
Nbr of stocks (in thousands) 88,349 88,349 88,349 88,349 88,349 85,820 - -
Announcement Date 2/25/22 2/10/23 2/9/24 2/12/25 2/17/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
152x0.7x7.34x5.21% 158M
19.8x5.65x12.1x2.11% 168B
14.19x3.46x - 2.49% 151B
16.25x7.33x - 1.54% 102B
19.91x11.21x16.26x4.5% 71.26B
13.55x5.24x - 1.93% 49.81B
10.81x1.6x4.91x1.36% 43.55B
5.13x5.31x3.82x3.56% 35.34B
13.81x5.07x15.91x1.91% 32.15B
Average 29.50x 5.06x 10.06x 2.73% 72.57B
Weighted average by Cap. 15.83x 5.66x 11.57x 2.37%

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