Company Valuation: Investor AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 711,166 584,130 712,637 895,886 1,009,862 1,209,848 - -
Change - -17.86% 22% 25.71% 12.72% 19.8% - -
Enterprise Value (EV) 1 725,657 594,393 726,575 908,080 1,033,249 1,223,781 1,223,781 1,223,781
Change - -18.09% 22.24% 24.98% 13.78% 18.44% 0% 0%
P/E 3.21x - - - - - - -
PBR 1.07x 0.98x - - - - - -
PEG - - - - - - - -
Capitalization / Revenue 17.5x 11.3x 9.92x 11.8x 15.6x 18.1x 17.8x 16.6x
EV / Revenue 17.8x 11.5x 10.1x 12x 15.9x 18.3x 18x 16.8x
EV / EBITDA 80.7x 55x 41.3x 47.9x 50.5x 76.3x 76.3x -
EV / EBIT 183x 116x 5.47x 7.44x 6.35x 9.51x 25.2x 14.2x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 4 4.4 4.8 5.2 - 6 6.4 6.8
Rate of return 1.68% 2.27% 2.07% 1.78% - 1.53% 1.64% 1.74%
EPS 2 74.41 - - - - - - -
Distribution rate 5.38% - - - - - - -
Net sales 1 40,737 51,812 71,862 75,681 64,826 66,789 67,810 72,761
EBITDA 1 8,997 10,802 17,577 18,963 20,446 16,037 16,037 -
EBIT 1 3,972 5,110 132,744 122,090 162,782 128,656 48,631 85,925
Net income 1 228,065 -74,681 127,045 113,338 157,494 122,957 78,405 80,695
Net Debt 1 14,491 10,263 13,938 12,194 23,387 13,933 13,933 13,933
Reference price 2 238.60 193.85 231.50 292.20 328.70 391.10 391.10 391.10
Nbr of stocks (in thousands) 3,063,178 3,062,872 3,062,660 3,062,896 3,062,899 3,063,717 - -
Announcement Date 1/21/22 1/20/23 1/19/24 1/23/25 1/22/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.11x1.14x5.32x2.43% 16.71B
6.31x9.78x28.55x2.51% 11.82B
18.87x1.6x9.02x6.53% 11.12B
6.51x13.38x - 0.6% 10.85B
Average 10.95x 6.48x 14.30x 3.02% 12.62B
Weighted average by Cap. 11.04x 5.89x 13.28x 2.96%

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