Company Valuation: Essity AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 207,509 191,871 175,494 205,499 181,162 190,159 - -
Change - -7.54% -8.54% 17.1% -11.84% 4.97% - -
Enterprise Value (EV) 1 262,942 254,740 229,197 236,268 207,705 218,836 215,218 211,191
Change - -3.12% -10.03% 3.09% -12.09% 5.36% -1.65% -1.87%
P/E 24.1x 34.5x 18.4x 9.91x 14.4x 16.2x 14.1x 13.1x
PBR 3.46x 2.85x 2.48x 2.34x 2.13x 2.05x 1.93x 1.78x
PEG - -1x 0.3x 0x -0.4x -2.78x 1x 1.65x
Capitalization / Revenue 1.7x 1.23x 1.19x 1.41x 1.31x 1.35x 1.3x 1.27x
EV / Revenue 2.16x 1.63x 1.56x 1.62x 1.5x 1.55x 1.47x 1.41x
EV / EBITDA 13.1x 12.5x 9.16x 8.91x 8.07x 8.83x 8.07x 7.54x
EV / EBIT 20.5x 21.3x 12.9x 12.3x 11.2x 12.4x 11x 10.2x
EV / FCF 36x 43x 18.7x 24.2x 24.8x 21x 17.5x 15.8x
FCF Yield 2.78% 2.33% 5.33% 4.14% 4.03% 4.77% 5.71% 6.32%
Dividend per Share 2 7 7.25 7.75 8.25 8.75 9.163 9.726 10.25
Rate of return 2.37% 2.65% 3.1% 2.79% 3.3% 3.27% 3.47% 3.65%
EPS 2 12.27 7.93 13.6 29.83 18.37 17.3 19.86 21.44
Distribution rate 57% 91.4% 57% 27.7% 47.6% 53% 49% 47.8%
Net sales 1 121,867 156,173 147,147 145,546 138,494 140,967 146,109 149,531
EBITDA 1 20,040 20,390 25,024 26,517 25,722 24,794 26,685 28,011
EBIT 1 12,828 11,942 17,789 19,234 18,531 17,671 19,490 20,709
Net income 1 8,620 5,567 9,554 20,888 12,656 11,788 13,324 14,304
Net Debt 1 55,433 62,869 53,703 30,769 26,543 28,677 25,059 21,033
Reference price 2 295.40 273.30 250.00 295.70 265.20 280.50 280.50 280.50
Nbr of stocks (in thousands) 702,342 702,342 702,342 694,998 683,049 678,128 - -
Announcement Date 1/26/22 1/26/23 1/25/24 1/23/25 1/22/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.82x4.24x15.53x2.88% 345B
17.58x2.68x11.87x3.58% 131B
24.55x3.69x15.5x2.33% 72.42B
44.58x7.15x31.03x2.11% 52.27B
19.95x2.81x11.65x4.46% 36.5B
80.01x2.37x14.27x1.71% 29.8B
18.22x1.32x7.88x1.3% 19.58B
21.66x1.56x9.96x2.39% 18.15B
44.75x6.48x30.96x1.61% 11.2B
Average 32.57x 3.59x 16.52x 2.49% 79.55B
Weighted average by Cap. 25.56x 3.85x 15.63x 2.85%

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