Company Valuation: Essity AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 207,509 191,871 175,494 205,499 181,162 178,719 - -
Change - -7.54% -8.54% 17.1% -11.84% -1.35% - -
Enterprise Value (EV) 1 262,942 254,740 229,197 236,268 207,705 207,719 203,829 199,996
Change - -3.12% -10.03% 3.09% -12.09% 0.01% -1.87% -1.88%
P/E Ratio 24.1x 34.5x 18.4x 9.91x 14.4x 14.7x 13.3x 12.4x
PBR 3.46x 2.85x 2.48x 2.34x 2.13x 1.97x 1.84x 1.7x
PEG - -1x 0.3x 0x -0.4x -4.98x 1.2x 1.7x
Capitalization / Revenue 1.7x 1.23x 1.19x 1.41x 1.31x 1.28x 1.24x 1.21x
EV / Revenue 2.16x 1.63x 1.56x 1.62x 1.5x 1.49x 1.42x 1.36x
EV / EBITDA 13.1x 12.5x 9.16x 8.91x 8.07x 8.36x 7.7x 7.23x
EV / EBIT 20.5x 21.3x 12.9x 12.3x 11.2x 11.5x 10.5x 9.71x
EV / FCF 36x 43x 18.7x 24.2x 24.8x 20.2x 17.1x 15.4x
FCF Yield 2.78% 2.33% 5.33% 4.14% 4.03% 4.94% 5.84% 6.5%
Dividend per Share 2 7 7.25 7.75 8.25 - 9.199 9.674 10.21
Rate of return 2.37% 2.65% 3.1% 2.79% - 3.5% 3.68% 3.89%
EPS 2 12.27 7.93 13.6 29.83 18.37 17.83 19.81 21.26
Distribution rate 57% 91.4% 57% 27.7% - 51.6% 48.8% 48%
Net sales 1 121,867 156,173 147,147 145,546 138,494 139,109 143,835 147,451
EBITDA 1 20,040 20,390 25,024 26,517 25,722 24,855 26,482 27,679
EBIT 1 12,828 11,942 17,789 19,234 18,531 18,054 19,458 20,601
Net income 1 8,620 5,567 9,554 20,888 12,656 12,100 13,311 14,195
Net Debt 1 55,433 62,869 53,703 30,769 26,543 29,000 25,110 21,277
Reference price 2 295.40 273.30 250.00 295.70 265.20 262.60 262.60 262.60
Nbr of stocks (in thousands) 702,342 702,342 702,342 694,998 683,049 680,705 - -
Announcement Date 1/26/22 1/26/23 1/25/24 1/23/25 1/22/26 - - -
1SEK in Million2SEK
Estimates

P/E Ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
22.05x4.26x15.59x2.86% 347B
16.85x2.6x11.49x3.71% 128B
24.3x3.67x15.42x2.36% 71.98B
45.12x7.22x31.37x2.11% 53.51B
18.94x2.69x11.15x4.7% 34.66B
83.38x2.49x15.14x1.65% 30.89B
16.42x1.15x6.84x1.44% 17.86B
20.23x1.44x9.22x2.58% 17.05B
50.07x6.97x34.18x1.28% 11.04B
Average 33.04x 3.61x 16.71x 2.52% 79.08B
Weighted average by Cap. 25.84x 3.87x 15.70x 2.88%

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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