Company Valuation: JM AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 28,051 11,352 11,450 10,766 8,986 8,476 - -
Change - -59.53% 0.86% -5.97% -16.54% -5.67% - -
Enterprise Value (EV) 1 32,454 17,997 25,817 21,998 19,189 21,318 23,122 25,448
Change - -44.55% 43.45% -14.79% -12.77% 11.1% 8.46% 10.06%
P/E 15.8x 7.35x 26.5x 43.6x 144x 24.7x 13.4x 9.6x
PBR 3.37x 1.27x 1.37x 1.32x 1.13x 1.03x 0.98x 0.91x
PEG - -0.76x -0.4x -1x -1.9x 0x 0.2x 0.2x
Capitalization / Revenue 1.92x 0.69x 0.83x 0.86x 0.9x 0.72x 0.65x 0.57x
EV / Revenue 2.22x 1.1x 1.86x 1.76x 1.92x 1.81x 1.76x 1.73x
EV / EBITDA 13.9x 8.9x 17.1x 31.8x 58.9x 35.8x 24x 19.9x
EV / EBIT 14.6x 8.72x 35.3x 41.4x 64.6x 37x 24.1x 20x
EV / FCF -33.2x - 24.5x 6.47x 385x 53.6x 126x 50.3x
FCF Yield -3.01% - 4.09% 15.5% 0.26% 1.87% 0.79% 1.99%
Dividend per Share 2 13.5 14 3 3.25 2 2.625 4.75 7
Rate of return 3.3% 8.13% 1.69% 1.95% 1.44% 2% 3.61% 5.33%
EPS 2 25.9 23.4 6.7 3.83 0.97 5.328 9.822 13.69
Distribution rate 52.1% 59.8% 44.8% 84.9% 206% 49.3% 48.4% 51.1%
Net sales 1 14,608 16,385 13,851 12,507 9,981 11,747 13,125 14,748
EBITDA 1 2,329 2,021 1,510 692 326 595.5 965.3 1,280
EBIT 1 2,216 2,064 732 531 297 576.7 958.3 1,272
Net income 1 1,798 1,575 433 246 63 356 636.3 884.9
Net Debt 1 4,403 6,645 14,367 11,232 10,203 12,842 14,646 16,972
Reference price 2 408.60 172.10 177.50 166.90 139.30 131.40 131.40 131.40
Nbr of stocks (in thousands) 68,652 65,961 64,505 64,505 64,505 64,505 - -
Announcement Date 2/2/22 2/1/23 1/30/24 1/31/25 1/30/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.73x1.48x11.42x1.08% 47.16B
13.73x - - 0.73% 26.21B
10.56x0.9x8.36x3.98% 16.95B
12.87x1.56x9.28x0.62% 15.34B
9.81x0.82x8.81x4.34% 13.39B
13.67x - - -.--% 6.71B
13.28x0.81x6.51x3.18% 6.44B
11.53x0.59x5.87x4.87% 5.37B
9.33x0.76x10.62x3.64% 5.22B
Average 12.28x 0.99x 8.69x 2.49% 15.87B
Weighted average by Cap. 13.29x 1.21x 9.73x 1.9%

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