Company Valuation: NCC AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 18,035 9,636 12,271 15,879 21,526 17,881 - -
Change - -46.57% 27.34% 29.4% 35.56% -16.93% - -
Enterprise Value (EV) 1 20,967 12,636 16,581 17,043 22,691 18,489 17,458 15,689
Change - -39.73% 31.22% 2.79% 33.14% -18.52% -5.58% -10.13%
P/E 12x 9.45x 7.8x 10.1x 152x 11.9x 10.7x 9.39x
PBR 3.09x 1.32x 1.68x 1.83x 2.72x 2.08x 1.88x 1.83x
PEG - -0.4x 0.1x -54.24x -1.7x 0x 0.9x 0.7x
Capitalization / Revenue 0.34x 0.18x 0.22x 0.26x 0.39x 0.31x 0.3x 0.29x
EV / Revenue 0.39x 0.23x 0.29x 0.28x 0.41x 0.32x 0.29x 0.25x
EV / EBITDA 6.69x 4.88x 5.49x 5.16x 7.08x 5.83x 5.36x 4.29x
EV / EBIT 11.5x 9.3x 9.2x 8.39x 11.7x 9.55x 8.15x 6.57x
EV / FCF 11.1x -92.9x 45.9x 4.27x 19.7x 7.49x 11.3x 10.8x
FCF Yield 9.05% -1.08% 2.18% 23.4% 5.07% 13.3% 8.86% 9.25%
Dividend per Share 2 6 6 8 9 - 10.62 10.76 11.67
Rate of return 3.58% 6.17% 6.37% 5.54% - 5.81% 5.89% 6.38%
EPS 2 14.02 10.29 16.11 16.08 1.45 15.34 17.12 19.47
Distribution rate 42.8% 58.3% 49.7% 56% - 69.3% 62.9% 59.9%
Net sales 1 53,414 54,198 56,932 61,609 55,717 56,898 59,883 62,099
EBITDA 1 3,132 2,589 3,021 3,303 3,205 3,173 3,257 3,661
EBIT 1 1,825 1,358 1,802 2,032 1,938 1,936 2,141 2,389
Net income 1 1,508 1,069 1,573 1,571 142 1,516 1,672 1,903
Net Debt 1 2,932 3,000 4,310 1,164 1,165 608 -423.4 -2,192
Reference price 2 167.70 97.25 125.60 162.40 220.20 182.80 182.80 182.80
Nbr of stocks (in thousands) 107,595 97,592 97,662 97,792 97,792 97,792 - -
Announcement Date 2/2/22 1/31/23 1/30/24 2/10/25 2/5/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
11.92x0.32x5.83x5.81% 1.85B
68.18x2.94x28.76x0.07% 98.82B
13.19x1.07x5.86x4.46% 71.87B
40.7x4.99x27.66x0.17% 61.72B
26.14x1.99x19.33x1.19% 56.93B
56.3x4.68x29.95x1.61% 46.79B
33.26x0.78x13.22x1.91% 39.16B
28.67x0.55x8.86x2.1% 36.38B
26.77x1.73x16.73x0.18% 34.74B
4.71x0.3x6.27x6.03% 27.97B
Average 30.98x 1.94x 16.25x 2.35% 47.62B
Weighted average by Cap. 37.27x 2.37x 19.07x 1.72%

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