Company Valuation: Essity AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 207,509 191,871 175,494 205,499 181,162 191,705 - -
Change - -7.54% -8.54% 17.1% -11.84% 5.82% - -
Enterprise Value (EV) 1 262,942 254,740 229,197 236,268 207,705 220,382 216,764 212,738
Change - -3.12% -10.03% 3.09% -12.09% 6.1% -1.64% -1.86%
P/E 24.1x 34.5x 18.4x 9.91x 14.4x 16.3x 14.2x 13.2x
PBR 3.46x 2.85x 2.48x 2.34x 2.13x 2.06x 1.94x 1.79x
PEG - -1x 0.3x 0x -0.4x -2.8x 1x 1.66x
Capitalization / Revenue 1.7x 1.23x 1.19x 1.41x 1.31x 1.36x 1.31x 1.28x
EV / Revenue 2.16x 1.63x 1.56x 1.62x 1.5x 1.57x 1.48x 1.42x
EV / EBITDA 13.1x 12.5x 9.16x 8.91x 8.07x 8.89x 8.12x 7.59x
EV / EBIT 20.5x 21.3x 12.9x 12.3x 11.2x 12.5x 11.1x 10.3x
EV / FCF 36x 43x 18.7x 24.2x 24.8x 21.1x 17.6x 16x
FCF Yield 2.78% 2.33% 5.33% 4.14% 4.03% 4.73% 5.67% 6.27%
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% 3.24% 3.44% 3.63%
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 1 121,867 156,173 147,147 145,546 138,494 140,510 146,110 149,531
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 13,323 14,304
Net Debt 1 55,433 62,869 53,703 30,769 26,543 28,677 25,059 21,033
Reference price 2 295.40 273.30 250.00 295.70 265.20 282.80 282.80 282.80
Nbr of stocks (in thousands) 702,342 702,342 702,342 694,998 683,049 678,041 - -
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.($)
22.09x4.29x15.71x2.84% 349B
18.12x2.74x12.13x3.45% 135B
25.22x3.78x15.89x2.29% 74.4B
44.61x7.15x31.05x2.11% 52.31B
19.92x2.81x11.64x4.47% 36.44B
79.78x2.36x14.24x1.71% 29.71B
18.42x1.34x7.99x1.28% 19.85B
21.91x1.58x10.09x2.36% 18.43B
45.54x6.59x31.48x1.59% 11.39B
Average 32.85x 3.63x 16.69x 2.46% 80.79B
Weighted average by Cap. 25.80x 3.89x 15.80x 2.81%

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