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 17,148 - -
Change - -46.57% 27.34% 29.4% 35.56% -20.34% - -
Enterprise Value (EV) 1 20,967 12,636 16,581 17,043 22,691 17,756 16,724 14,956
Change - -39.73% 31.22% 2.79% 33.14% -21.75% -5.81% -10.57%
P/E 12x 9.45x 7.8x 10.1x 152x 12.2x 10.5x 9.27x
PBR 3.09x 1.32x 1.68x 1.83x 2.72x 2.11x 1.83x 1.81x
PEG - -0.4x 0.1x -54.24x -1.7x 0x 0.6x 0.7x
Capitalization / Revenue 0.34x 0.18x 0.22x 0.26x 0.39x 0.31x 0.29x 0.28x
EV / Revenue 0.39x 0.23x 0.29x 0.28x 0.41x 0.32x 0.28x 0.24x
EV / EBITDA 6.69x 4.88x 5.49x 5.16x 7.08x 5.67x 5.18x 4.11x
EV / EBIT 11.5x 9.3x 9.2x 8.39x 11.7x 9.35x 7.91x 6.34x
EV / FCF 11.1x -92.9x 45.9x 4.27x 19.7x 8.44x 11.3x 11.1x
FCF Yield 9.05% -1.08% 2.18% 23.4% 5.07% 11.8% 8.84% 9.04%
Dividend per Share 2 6 6 8 9 - 10.62 10.76 12.17
Rate of return 3.58% 6.17% 6.37% 5.54% - 6.06% 6.14% 6.94%
EPS 2 14.02 10.29 16.11 16.08 1.45 14.32 16.7 18.91
Distribution rate 42.8% 58.3% 49.7% 56% - 74.2% 64.4% 64.3%
Net sales 1 53,414 54,198 56,932 61,609 55,717 55,015 59,802 62,007
EBITDA 1 3,132 2,589 3,021 3,303 3,205 3,132 3,232 3,638
EBIT 1 1,825 1,358 1,802 2,032 1,938 1,900 2,113 2,361
Net income 1 1,508 1,069 1,573 1,571 142 1,402 1,633 1,853
Net Debt 1 2,932 3,000 4,310 1,164 1,165 608 -423.4 -2,192
Reference price 2 167.70 97.25 125.60 162.40 220.20 175.30 175.30 175.30
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.32x0.32x5.7x6.02% 1.82B
57.82x2.64x25.2x0.07% 99.6B
13.14x1.11x6.09x4.45% 77.28B
34.44x4.33x23.52x0.2% 58.78B
27.26x2.09x20.47x1.11% 58.54B
56.35x4.48x28.54x1.55% 46.04B
29.63x0.73x12.08x2.09% 37.45B
24.04x1.64x15.15x0.19% 34.73B
24.66x0.5x7.97x2.39% 34.18B
4.51x0.3x5.99x6.24% 27.22B
Average 28.42x 1.82x 15.07x 2.43% 47.56B
Weighted average by Cap. 33.48x 2.19x 17.45x 1.78%

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