Company Valuation: Kungsleden

Data adjusted to current consolidation scope
Fiscal Period: December 2018 2019 2020 2021 2022 2023
Market Cap 1 13,738 21,491 19,678 26,042 26,042 26,042
Change - 56.44% -8.43% 32.34% 0% 0%
Enterprise Value (EV) 1 30,183 39,945 39,108 45,887 45,674 42,663
Change - 32.34% -2.09% 17.33% -0.46% -6.59%
P/E 6.68x 9.57x 12x 4.64x -182x -6.99x
PBR 0.87x 1.23x 1.06x 1.12x 1.11x 1.32x
PEG - 1.04x -0.4x 0x 2x -0x
Capitalization / Revenue 5.76x 8.87x 7.78x 10x 9.39x 8.95x
EV / Revenue 12.7x 16.5x 15.5x 17.7x 16.5x 14.7x
EV / EBITDA 20.2x 26.5x 23.8x 27x 24.7x 21.7x
EV / EBIT 20.3x 26.5x 23.8x 27.1x 24.7x 21.7x
EV / FCF 35.6x 50x 54.1x 59.8x 64.7x 30x
FCF Yield 2.81% 2% 1.85% 1.67% 1.54% 3.33%
Dividend per Share 2 2.4 2.6 2.8 - - -
Rate of return 3.82% 2.64% 3.11% - - -
EPS 2 9.409 10.28 7.496 26.11 -0.665 -17.32
Distribution rate 25.5% 25.3% 37.4% - - -
Net sales 1 2,385 2,423 2,530 2,593 2,773 2,909
EBITDA 1 1,492 1,508 1,643 1,697 1,847 1,969
EBIT 1 1,490 1,506 1,641 1,695 1,846 1,968
Net income 1 2,055 2,245 1,636 5,630 -143 -3,724
Net Debt 1 16,445 18,454 19,430 19,845 19,632 16,621
Reference price 2 62.90 98.40 90.10 121.10 121.10 121.10
Nbr of stocks (in thousands) 218,403 218,403 218,403 215,042 215,042 215,042
Announcement Date 3/19/19 3/19/20 3/25/21 6/1/22 6/1/23 4/30/24
1SEK in Million2SEK
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 2.88B
15.12x4.83x12.98x3.35% 43.02B
8.99x1.53x8x3.95% 31.08B
18.21x4.03x16.43x1.35% 27.8B
5.54x0.73x1.56x8.99% 26.76B
13.54x3.04x14.65x2.6% 24.64B
8.15x0.9x3.29x2.74% 20.84B
10.6x2.06x9.6x4.19% 20.07B
13.56x6.58x17.59x1.57% 19.63B
10.32x1.66x14.33x3.66% 18.8B
Average 11.56x 2.82x 10.94x 3.6% 23.55B
Weighted average by Cap. 11.87x 2.93x 10.93x 3.65%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Stocks
  3. KLED Stock
  4. Valuation Kungsleden