Company Valuation: Evolution AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 26,876 19,433 23,026 15,372 11,605 13,677 - -
Change - -27.69% 18.49% -33.24% -24.5% 17.85% - -
Enterprise Value (EV) 1 26,522 18,980 22,120 14,664 10,878 13,103 13,040 12,644
Change - -28.44% 16.55% -33.71% -25.81% 20.45% -0.48% -3.04%
P/E 46x 23.5x 21.9x 12.6x 11.1x 13.5x 11.9x 10.9x
PBR 8.42x 5.62x 5.74x 3.87x 2.85x 3.56x 3.27x 2.95x
PEG - 0.6x 0.8x 0.6x -1x 6.94x 0.9x 1.11x
Capitalization / Revenue 25.1x 13.3x 12.8x 7.45x 5.62x 6.54x 6.19x 5.85x
EV / Revenue 24.8x 13x 12.3x 7.11x 5.26x 6.26x 5.9x 5.41x
EV / EBITDA 36.1x 18.8x 17.5x 10.4x 7.97x 9.53x 8.98x 8.24x
EV / EBIT 40.6x 20.9x 19.4x 10.3x 8.65x 10.9x 10.2x 9.38x
EV / FCF 46.9x 24.3x 20.6x 12.6x 9.71x 12.3x 11.9x 10.9x
FCF Yield 2.13% 4.11% 4.86% 7.94% 10.3% 8.15% 8.38% 9.16%
Dividend per Share 2 1.42 2 2.65 2.8 - 2.696 3.053 3.37
Rate of return 1.13% 2.19% 2.45% 3.76% - 3.75% 4.25% 4.69%
EPS 2 2.73 3.88 4.93 5.91 5.23 5.332 6.02 6.61
Distribution rate 52% 51.5% 53.8% 47.4% - 50.6% 50.7% 51%
Net sales 1 1,069 1,457 1,799 2,063 2,067 2,092 2,210 2,338
EBITDA 1 734.6 1,008 1,267 1,411 1,366 1,374 1,452 1,535
EBIT 1 654 908.1 1,143 1,420 1,257 1,204 1,273 1,349
Net income 1 605.4 843.4 1,071 1,244 1,062 1,022 1,076 1,135
Net Debt 1 -353.6 -453 -906.3 -708 -726.9 -574 -636.4 -1,032
Reference price 2 125.58 91.15 108.15 74.42 58.25 71.81 71.81 71.81
Nbr of stocks (in thousands) 214,010 213,205 212,911 206,562 199,227 190,466 - -
Announcement Date 2/9/22 2/2/23 2/1/24 1/30/25 2/5/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.47x6.26x9.53x3.75% 15.39B
24.5x6.31x14.79x1.6% 26.24B
13.54x2.66x7.07x3.09% 24.62B
13.81x2.33x8.15x5.38% 18.71B
-73.64x1.31x8.93x-.--% 13.12B
12.83x2.15x8.02x8.8% 11.85B
2520x1.48x14.46x-.--% 9.38B
32.9x3.74x17.85x3.23% 8.11B
17.16x2.29x7.65x1.32% 7.67B
Average 286.06x 3.17x 10.72x 3.02% 15.01B
Weighted average by Cap. 182.63x 3.52x 10.46x 3.09%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Evolution AB

Historical PBR trend

Valuation ratios - PBR - Evolution AB

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Evolution AB

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Evolution AB


Year-on-year evolution of the Yield

Valuation ratios - Yield - Evolution AB
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  4. Valuation Evolution AB