Company Valuation: Lundberg B

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 109,269 125,984 110,137 135,954 124,248 126,852
Change - 15.3% -12.58% 23.44% -8.61% 2.1%
Enterprise Value (EV) 1 128,925 146,107 128,346 153,788 143,844 150,213
Change - 13.33% -12.16% 19.82% -6.47% 4.43%
P/E 30.4x 11.1x 72.8x 18.7x 19.7x 10.5x
PBR 1.28x 1.27x 1.1x 1.26x 1.09x 0.99x
PEG - 0x -0.8x 0x -1.5x 0.1x
Capitalization / Revenue 4.79x 3.99x 3.86x 3.81x 3.69x 3.34x
EV / Revenue 5.66x 4.62x 4.5x 4.31x 4.27x 3.96x
EV / EBITDA 19.4x 11.7x 15.7x 10.6x 13.9x 10.1x
EV / EBIT 23.1x 12.9x 18.7x 11.6x 16x 11.1x
EV / FCF 48.4x 27x -209x 13x 30.1x 21.5x
FCF Yield 2.07% 3.7% -0.48% 7.72% 3.32% 4.64%
Dividend per Share 2 3.5 3.75 4 4.3 4.6 4.9
Rate of return 0.79% 0.74% 0.9% 0.78% 0.92% 0.96%
EPS 2 14.48 45.84 6.1 29.25 25.41 48.7
Distribution rate 24.2% 8.18% 65.6% 14.7% 18.1% 10.1%
Net sales 1 22,791 31,595 28,504 35,723 33,710 37,956
EBITDA 1 6,659 12,528 8,166 14,562 10,318 14,866
EBIT 1 5,571 11,344 6,874 13,268 9,000 13,483
Net income 1 3,591 11,367 1,514 7,255 6,302 12,079
Net Debt 1 19,656 20,123 18,209 17,834 19,596 23,361
Reference price 2 440.60 508.00 444.10 548.20 501.00 511.50
Nbr of stocks (in thousands) 248,000 248,000 248,000 248,000 248,000 248,000
Announcement Date 3/24/21 3/2/22 2/27/23 2/29/24 2/27/25 3/4/26
1SEK in Million2SEK
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 14.37B
12.32x1.16x5.4x2.39% 17B
7.84x14.12x - 0.49% 13.78B
6.37x9.88x28.83x2.49% 12.06B
22.75x1.59x8.95x6.61% 11.03B
Average 12.32x 6.69x 14.40x 3% 13.65B
Weighted average by Cap. 11.98x 6.52x 13.43x 2.79%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA