Company Valuation: Pandox AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 26,842 21,400 27,651 37,325 39,504 33,044 - -
Change - -20.27% 29.21% 34.99% 5.84% -16.35% - -
Enterprise Value (EV) 1 57,872 56,864 62,508 74,738 91,364 81,251 81,343 81,433
Change - -1.74% 9.93% 19.57% 22.25% -11.07% 0.11% 0.11%
P/E 44x 5.07x -47.3x 21.2x 12.6x 14x 12.1x 11.6x
PBR 1.06x 0.7x 0.94x 1.11x 1.17x 0.93x 0.87x 0.81x
PEG - 0x 0x -0x 0.2x -0.6x 0.8x 2.82x
Capitalization / Revenue 8.2x 3.78x 4.04x 5.23x 5.29x 3.95x 3.84x 3.76x
EV / Revenue 17.7x 10.1x 9.13x 10.5x 12.2x 9.7x 9.46x 9.26x
EV / EBITDA 31x 17.2x 16.9x 18.9x 22.4x 15.7x 15.2x 14.9x
EV / EBIT 36.9x 19.3x 17.1x 20.4x 22.9x 16.5x 16x 15.7x
EV / FCF -53x 76.8x 87.8x 93.2x 45.4x 6.68x 44.5x 48x
FCF Yield -1.89% 1.3% 1.14% 1.07% 2.2% 15% 2.25% 2.08%
Dividend per Share 2 - 2.5 4 4.25 4.5 4.75 5.114 5.458
Rate of return - 2.15% 2.66% 2.22% 2.22% 2.8% 3.01% 3.21%
EPS 2 3.32 22.94 -3.18 9.04 16.13 12.17 14 14.58
Distribution rate - 10.9% -126% 47% 27.9% 39% 36.5% 37.4%
Net sales 1 3,273 5,654 6,849 7,136 7,469 8,373 8,595 8,797
EBITDA 1 1,868 3,304 3,696 3,961 4,086 5,170 5,342 5,460
EBIT 1 1,570 2,951 3,660 3,655 3,986 4,932 5,085 5,200
Net income 1 610 4,217 -585 1,689 3,139 2,161 2,619 2,729
Net Debt 1 31,030 35,464 34,857 37,413 51,860 48,207 48,300 48,389
Reference price 2 146.00 116.40 150.40 191.80 203.00 169.80 169.80 169.80
Nbr of stocks (in thousands) 183,850 183,850 183,850 194,603 194,603 194,603 - -
Announcement Date 2/10/22 2/9/23 2/8/24 2/6/25 2/5/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.98x5.02x13.5x3.17% 45.46B
20.26x4.18x17.08x1.23% 29.81B
8.79x1.51x7.72x4.01% 30.92B
5.6x0.6x1.24x8.99% 26.76B
14.34x3.11x14.91x2.45% 25.46B
14.86x6.78x18.19x1.44% 20.83B
9.15x2.36x7.27x3.81% 21.57B
Average 12.71x 3.37x 11.42x 3.59% 28.69B
Weighted average by Cap. 13.07x 3.42x 11.50x 3.59%

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