Company Valuation: Clas Ohlson AB

Data adjusted to current consolidation scope
Fiscal Period: April 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 7,102 4,897 8,490 17,399 25,324 26,532 - -
Change - -31.04% 73.35% 104.94% 45.55% 4.77% - -
Enterprise Value (EV) 1 8,435 6,631 10,158 18,089 25,387 26,473 25,931 24,930
Change - -21.38% 53.18% 78.08% 40.34% 4.28% -2.05% -3.86%
P/E 13.6x 27.1x 16.7x 19.8x 21.8x 18.5x 17.3x 16.2x
PBR 3.2x 3.41x 4.59x 7.25x 8.03x 7.11x 5.88x 4.98x
PEG - -0.4x 0x 0.3x 0.7x 0.8x 2.38x 2.5x
Capitalization / Revenue 0.81x 0.54x 0.83x 1.5x 2.02x 1.87x 1.77x 1.68x
EV / Revenue 0.96x 0.73x 0.99x 1.56x 2.03x 1.87x 1.73x 1.58x
EV / EBITDA 5.73x 6.15x 6.31x 9.43x 11.3x 11.1x 9.18x 8.43x
EV / EBIT 11.7x 21.7x 14.2x 15.4x 16.6x 14.1x 12.9x 11.8x
EV / FCF 10.2x - - 16.2x 20x 21.2x 15.8x 14.5x
FCF Yield 9.82% - - 6.16% 5% 4.72% 6.34% 6.89%
Dividend per Share 2 6.75 1.5 4.25 7 14 12.19 13.01 16.38
Rate of return 6.02% 1.94% 3.17% 2.55% 3.51% 2.92% 3.12% 3.92%
EPS 2 8.25 2.85 8.03 13.82 18.29 22.53 24.17 25.73
Distribution rate 81.8% 52.6% 52.9% 50.7% 76.5% 54.1% 53.8% 63.6%
Net sales 1 8,784 9,024 10,232 11,627 12,514 14,160 15,009 15,755
EBITDA 1 1,473 1,078 1,609 1,919 2,247 2,378 2,825 2,957
EBIT 1 719.4 305 717 1,171 1,527 1,873 2,008 2,112
Net income 1 522.5 181 509 882.2 1,169 1,443 1,558 1,643
Net Debt 1 1,333 1,734 1,668 690.6 63.4 -58.85 -600.6 -1,602
Reference price 2 112.10 77.30 134.00 274.20 398.40 417.40 417.40 417.40
Nbr of stocks (in thousands) 63,351 63,357 63,357 63,453 63,564 63,564 - -
Announcement Date 6/8/22 6/8/23 6/5/24 6/12/25 6/3/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.43x1.95x13.09x3.34% 282B
15.34x1.49x10.61x2.7% 102B
12.75x0.55x5.26x3.83% 7.13B
21.02x1.32x11.44x-.--% 4.9B
18.1x2.24x8.78x6.52% 2.9B
18.53x1.87x11.13x2.92% 2.64B
13.67x1.48x8.38x5.99% 2.43B
13.94x - - - 2.13B
Average 16.60x 1.56x 9.82x 3.61% 50.78B
Weighted average by Cap. 18.22x 1.80x 12.23x 3.18%

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