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 33,666 - -
Change - -20.27% 29.21% 34.99% 5.84% -14.78% - -
Enterprise Value (EV) 1 57,872 56,864 62,508 74,738 91,364 81,733 81,856 81,987
Change - -1.74% 9.93% 19.57% 22.25% -10.54% 0.15% 0.16%
P/E 44x 5.07x -47.3x 21.2x 12.6x 14.3x 12.2x 11.7x
PBR 1.06x 0.7x 0.94x 1.11x 1.17x 0.94x 0.88x 0.83x
PEG - 0x 0x -0x 0.2x -0.6x 0.7x 2.91x
Capitalization / Revenue 8.2x 3.78x 4.04x 5.23x 5.29x 4.02x 3.92x 3.83x
EV / Revenue 17.7x 10.1x 9.13x 10.5x 12.2x 9.76x 9.52x 9.32x
EV / EBITDA 31x 17.2x 16.9x 18.9x 22.4x 15.9x 15.4x 15.1x
EV / EBIT 36.9x 19.3x 17.1x 20.4x 22.9x 16.6x 16.1x 15.8x
EV / FCF -53x 76.8x 87.8x 93.2x 45.4x 6.72x 44.8x 48.3x
FCF Yield -1.89% 1.3% 1.14% 1.07% 2.2% 14.9% 2.23% 2.07%
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% 2.75% 2.96% 3.16%
EPS 2 3.32 22.94 -3.18 9.04 16.13 12.14 14.18 14.75
Distribution rate - 10.9% -126% 47% 27.9% 39.1% 36.1% 37%
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 5,145 5,313 5,420
EBIT 1 1,570 2,951 3,660 3,655 3,986 4,933 5,081 5,187
Net income 1 610 4,217 -585 1,689 3,139 2,220 2,759 2,869
Net Debt 1 31,030 35,464 34,857 37,413 51,860 48,067 48,190 48,321
Reference price 2 146.00 116.40 150.40 191.80 203.00 173.00 173.00 173.00
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.22x4.85x13.05x3.33% 43.33B
9x1.53x8.01x3.94% 31.13B
17.84x3.98x16.25x1.38% 27.14B
5.5x0.67x1.42x9.06% 26.57B
13.43x3.03x14.6x2.62% 24.36B
8.07x0.89x3.26x2.77% 20.65B
10.77x2.08x9.73x4.13% 20.39B
13.28x6.52x17.43x1.6% 19.18B
10.63x1.68x14.54x3.55% 19.38B
Average 11.53x 2.80x 10.92x 3.6% 25.79B
Weighted average by Cap. 11.82x 2.91x 10.90x 3.66%

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