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 28,235 - -
Change - -31.04% 73.35% 104.94% 45.55% 11.5% - -
Enterprise Value (EV) 1 8,435 6,631 10,158 18,089 25,387 28,251 27,740 26,805
Change - -21.38% 53.18% 78.08% 40.34% 11.28% -1.81% -3.37%
P/E 13.6x 27.1x 16.7x 19.8x 21.8x 20.1x 18.8x 17.7x
PBR 3.2x 3.41x 4.59x 7.25x 8.03x 7.66x 6.36x 5.41x
PEG - -0.4x 0x 0.3x 0.7x 1x 2.83x 2.79x
Capitalization / Revenue 0.81x 0.54x 0.83x 1.5x 2.02x 2.01x 1.91x 1.82x
EV / Revenue 0.96x 0.73x 0.99x 1.56x 2.03x 2.01x 1.87x 1.73x
EV / EBITDA 5.73x 6.15x 6.31x 9.43x 11.3x 12.1x 10x 9.3x
EV / EBIT 11.7x 21.7x 14.2x 15.4x 16.6x 15.3x 14.1x 13x
EV / FCF 10.2x - - 16.2x 20x 23.3x 17.4x 16.2x
FCF Yield 9.82% - - 6.16% 5% 4.29% 5.74% 6.17%
Dividend per Share 2 6.75 1.5 4.25 7 14 11.9 12.67 16.17
Rate of return 6.02% 1.94% 3.17% 2.55% 3.51% 2.68% 2.85% 3.64%
EPS 2 8.25 2.85 8.03 13.82 18.29 22.1 23.57 25.07
Distribution rate 81.8% 52.6% 52.9% 50.7% 76.5% 53.8% 53.8% 64.5%
Net sales 1 8,784 9,024 10,232 11,627 12,514 14,026 14,813 15,532
EBITDA 1 1,473 1,078 1,609 1,919 2,247 2,335 2,761 2,882
EBIT 1 719.4 305 717 1,171 1,527 1,847 1,966 2,060
Net income 1 522.5 181 509 882.2 1,169 1,422 1,525 1,601
Net Debt 1 1,333 1,734 1,668 690.6 63.4 16 -494.6 -1,430
Reference price 2 112.10 77.30 134.00 274.20 398.40 444.20 444.20 444.20
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.($)
20.77x2.08x12.51x2.59% 3.04B
21.99x2.17x14.54x2.92% 319B
16.77x1.59x11.36x2.49% 112B
12.65x0.53x5.14x4.04% 6.89B
19.38x2.42x9.4x6.08% 3.19B
13.69x1.48x8.39x5.95% 2.47B
14.12x - - - 2.15B
8.96x0.4x4.98x2.98% 1.55B
19.53x2.7x8.65x1.95% 1.37B
Average 16.43x 1.67x 9.37x 3.63% 50.21B
Weighted average by Cap. 20.39x 1.99x 13.47x 2.87%

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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