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 7,850 - -
Change - -59.53% 0.86% -5.97% -16.54% -12.63% - -
Enterprise Value (EV) 1 32,454 17,997 25,817 21,998 19,189 20,604 22,709 25,284
Change - -44.55% 43.45% -14.79% -12.77% 7.38% 10.22% 11.34%
P/E 15.8x 7.35x 26.5x 43.6x 144x 28.6x 13.9x 9.33x
PBR 3.37x 1.27x 1.37x 1.32x 1.13x 0.97x 0.92x 0.85x
PEG - -0.76x -0.4x -1x -1.9x 0x 0x 0.2x
Capitalization / Revenue 1.92x 0.69x 0.83x 0.86x 0.9x 0.68x 0.6x 0.53x
EV / Revenue 2.22x 1.1x 1.86x 1.76x 1.92x 1.78x 1.74x 1.69x
EV / EBITDA 13.9x 8.9x 17.1x 31.8x 58.9x 37.3x 25.9x 20.5x
EV / EBIT 14.6x 8.72x 35.3x 41.4x 64.6x 38.6x 26.1x 20.7x
EV / FCF -33.2x - 24.5x 6.47x 385x 65.4x 217x 53.4x
FCF Yield -3.01% - 4.09% 15.5% 0.26% 1.53% 0.46% 1.87%
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% 2.16% 3.9% 5.75%
EPS 2 25.9 23.4 6.7 3.83 0.97 4.253 8.742 13.04
Distribution rate 52.1% 59.8% 44.8% 84.9% 206% 61.7% 54.3% 53.7%
Net sales 1 14,608 16,385 13,851 12,507 9,981 11,607 13,077 14,929
EBITDA 1 2,329 2,021 1,510 692 326 552 878.2 1,232
EBIT 1 2,216 2,064 732 531 297 533.2 871.4 1,224
Net income 1 1,798 1,575 433 246 63 278 617 907.7
Net Debt 1 4,403 6,645 14,367 11,232 10,203 12,754 14,858 17,434
Reference price 2 408.60 172.10 177.50 166.90 139.30 121.70 121.70 121.70
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
28.85x1.78x37.44x2.14% 810M
13.62x1.3x9.97x1.26% 39.9B
12.25x - - 0.82% 23.37B
10.76x0.91x8.61x3.87% 17.26B
10.36x0.84x9.2x4.13% 13.9B
11.48x1.41x8.36x0.7% 13.7B
13.79x - - -.--% 6.67B
13.7x0.83x6.7x3.08% 6.55B
13.01x0.56x5.71x2.01% 5.41B
8.99x0.76x10.88x3.77% 4.97B
Average 13.68x 1.05x 12.11x 2.18% 13.25B
Weighted average by Cap. 12.35x 1.10x 9.25x 1.92%

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