Company Valuation: Epiroc AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 261,850 220,336 233,963 224,784 244,720 292,710 - -
Change - -15.85% 6.18% -3.92% 8.87% 19.61% - -
Enterprise Value (EV) 1 260,546 224,027 241,787 239,562 255,724 300,218 296,760 289,697
Change - -14.02% 7.93% -0.92% 6.75% 17.4% -1.15% -2.38%
P/E 39.2x 27.3x 25.9x 26.6x 29.5x 30.9x 25.9x 23.6x
PBR 10.7x 6.83x 6.56x 5.39x 6x 6.38x 5.58x 4.92x
PEG - 1.4x 2.1x -3.58x -17.77x 2x 1.4x 2.3x
Capitalization / Revenue 6.6x 4.43x 3.88x 3.53x 3.95x 4.4x 3.9x 3.63x
EV / Revenue 6.57x 4.51x 4.01x 3.77x 4.12x 4.51x 3.95x 3.59x
EV / EBITDA 24x 16.1x 15.3x 14.9x 16.8x 17.9x 15.3x 13.7x
EV / EBIT 28.6x 19.1x 18.4x 19x 21.1x 21.8x 18.3x 16.2x
EV / FCF 39x 49.3x 44.3x 27.8x 29.5x 32x 28.2x 23.1x
FCF Yield 2.56% 2.03% 2.26% 3.59% 3.39% 3.13% 3.55% 4.33%
Dividend per Share 2 3 3.4 3.8 3.8 3.8 4.078 4.718 5.169
Rate of return 1.31% 1.79% 1.88% 1.97% 1.81% 1.61% 1.86% 2.04%
EPS 2 5.84 6.95 7.81 7.23 7.11 8.226 9.795 10.78
Distribution rate 51.4% 48.9% 48.7% 52.6% 53.4% 49.6% 48.2% 47.9%
Net sales 1 39,645 49,694 60,343 63,604 61,998 66,573 75,044 80,686
EBITDA 1 10,844 13,885 15,780 16,068 15,213 16,791 19,425 21,117
EBIT 1 9,098 11,755 13,117 12,624 12,125 13,768 16,248 17,840
Net income 1 7,058 8,397 9,431 8,731 8,602 10,030 11,997 13,229
Net Debt 1 -1,304 3,691 7,824 14,778 11,004 7,508 4,049 -3,013
Reference price 2 229.20 189.85 202.20 192.55 209.90 254.00 254.00 254.00
Nbr of stocks (in thousands) 1,206,255 1,206,183 1,206,846 1,208,218 1,208,994 1,209,824 - -
Announcement Date 1/26/22 1/31/23 1/24/24 1/30/25 1/26/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.75x2x16.42x2.55% 65.4B
13.71x1.11x11.51x4.32% 36.69B
15.49x1.51x8.62x3% 35.17B
13.4x1.51x10.4x1.96% 18.75B
23.41x2.17x11.84x2.05% 18.86B
13.37x - - 0.73% 15.88B
21.28x2.39x12.82x2.83% 14.31B
26.43x0.84x16.05x2.5% 12.92B
24.61x2.01x15.43x2.03% 9.77B
Average 19.27x 1.69x 12.89x 2.44% 25.3B
Weighted average by Cap. 18.71x 1.69x 13.02x 2.68%

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