Company Valuation: Essity AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 207,509 191,871 175,494 205,499 181,162 185,767 - -
Change - -7.54% -8.54% 17.1% -11.84% 2.54% - -
Enterprise Value (EV) 1 262,942 254,740 229,197 236,268 207,705 214,444 210,826 206,800
Change - -3.12% -10.03% 3.09% -12.09% 3.24% -1.69% -1.91%
P/E 24.1x 34.5x 18.4x 9.91x 14.4x 15.8x 13.8x 12.8x
PBR 3.46x 2.85x 2.48x 2.34x 2.13x 2.01x 1.88x 1.74x
PEG - -1x 0.3x 0x -0.4x -2.71x 0.9x 1.61x
Capitalization / Revenue 1.7x 1.23x 1.19x 1.41x 1.31x 1.32x 1.27x 1.24x
EV / Revenue 2.16x 1.63x 1.56x 1.62x 1.5x 1.52x 1.44x 1.38x
EV / EBITDA 13.1x 12.5x 9.16x 8.91x 8.07x 8.65x 7.9x 7.38x
EV / EBIT 20.5x 21.3x 12.9x 12.3x 11.2x 12.1x 10.8x 9.99x
EV / FCF 36x 43x 18.7x 24.2x 24.8x 20.6x 17.1x 15.5x
FCF Yield 2.78% 2.33% 5.33% 4.14% 4.03% 4.87% 5.83% 6.45%
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% 3.34% 3.55% 3.74%
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 2 295.40 273.30 250.00 295.70 265.20 274.10 274.10 274.10
Nbr of stocks (in thousands) 702,342 702,342 702,342 694,998 683,049 677,755 - -
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.($)
16.21x1.55x8.83x3.27% 19.62B
21.97x4.27x15.63x2.86% 347B
17.81x2.71x12x3.53% 133B
24.86x3.73x15.68x2.3% 73.32B
44.83x7.19x31.21x2.1% 52.46B
20.08x2.82x11.71x4.43% 36.73B
80.27x2.38x14.31x1.7% 29.9B
18.26x1.32x7.9x1.29% 19.63B
21.39x1.54x9.83x2.42% 17.91B
45.37x6.57x31.38x1.59% 11.33B
Average 31.10x 3.41x 15.85x 2.55% 74.11B
Weighted average by Cap. 25.48x 3.81x 15.56x 2.84%

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