Company Valuation: CellaVision AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,757 5,462 5,057 5,188 3,749 3,315 - -
Change - -29.58% -7.42% 2.59% -27.72% -11.58% - -
Enterprise Value (EV) 1 7,763 5,456 5,000 5,065 3,587 3,128 3,073 3,015
Change - -29.71% -8.37% 1.31% -29.18% -12.8% -1.75% -1.88%
P/E 61.9x 46.2x 38.8x 36.9x 24.5x 23.8x 18.6x 16.2x
PBR 14.3x 8.51x 7.06x 6.36x 4.22x 3.43x 3.04x 2.73x
PEG - -8.36x 3.8x 4.58x 2.78x -2.6x 0.7x 1.1x
Capitalization / Revenue 13.7x 8.54x 7.47x 7.17x 4.94x 4.28x 3.81x 3.49x
EV / Revenue 13.7x 8.53x 7.38x 7x 4.73x 4.04x 3.53x 3.18x
EV / EBITDA 39.6x 27.5x 24.2x 23.2x 14.9x 13.8x 11x 9.53x
EV / EBIT 47.7x 34.5x 29.9x 28.5x 17.8x 17.6x 13.5x 11.5x
EV / FCF 68x 81.1x 45.1x 41.4x 31.4x 29.3x 26.4x 20.8x
FCF Yield 1.47% 1.23% 2.22% 2.42% 3.19% 3.42% 3.79% 4.8%
Dividend per Share 2 2 2 2.25 2.5 2.75 2.75 3.225 3.55
Rate of return 0.62% 0.87% 1.06% 1.15% 1.75% 1.98% 2.32% 2.55%
EPS 2 5.25 4.96 5.46 5.9 6.42 5.831 7.46 8.576
Distribution rate 38.1% 40.3% 41.2% 42.4% 42.8% 47.2% 43.2% 41.4%
Net sales 1 565.6 639.3 677.3 723.2 759 774.1 869.5 949.1
EBITDA 1 196.2 198.4 206.8 218.7 241.4 227.3 280.6 316.4
EBIT 1 162.7 158.3 167.1 177.7 202.1 177.5 227.9 262.3
Net income 1 125.3 118.3 130.3 140.7 153.1 139 177.9 204.5
Net Debt 1 6.368 -5.558 -56.94 -122.6 -162.6 -187.5 -242.3 -300.1
Reference price 2 325.20 229.00 212.00 217.50 157.20 139.00 139.00 139.00
Nbr of stocks (in thousands) 23,852 23,852 23,852 23,852 23,852 23,852 - -
Announcement Date 2/4/22 2/8/23 2/7/24 2/6/25 2/5/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.39x4.14x14.1x1.93% 350M
58.06x4.64x15.5x0.37% 15.8B
37.91x - - 2.13% 1.63B
-10.43x1.29x5.68x-.--% 1.14B
16.88x2.39x8.05x1.38% 1.01B
49.44x - - 0.91% 505M
45.85x - - - 449M
18.13x2.55x10.9x1.88% 372M
129.15x19.3x119.98x - 317M
Average 41.04x 5.72x 29.03x 1.23% 2.4B
Weighted average by Cap. 50.35x 4.52x 16.15x 0.6%

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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