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 32,421 - -
Change - -20.27% 29.21% 34.99% 5.84% -17.93% - -
Enterprise Value (EV) 1 57,872 56,864 62,508 74,738 91,364 81,831 82,029 82,209
Change - -1.74% 9.93% 19.57% 22.25% -10.43% 0.24% 0.22%
P/E 44x 5.07x -47.3x 21.2x 12.6x 11.6x 11.8x 11.4x
PBR 1.06x 0.7x 0.94x 1.11x 1.17x 0.87x 0.83x 0.78x
PEG - 0x 0x -0x 0.2x -1x -6.22x 3.28x
Capitalization / Revenue 8.2x 3.78x 4.04x 5.23x 5.29x 3.84x 3.73x 3.64x
EV / Revenue 17.7x 10.1x 9.13x 10.5x 12.2x 9.68x 9.43x 9.22x
EV / EBITDA 31x 17.2x 16.9x 18.9x 22.4x 16x 15.5x 15.2x
EV / EBIT 36.9x 19.3x 17.1x 20.4x 22.9x 16.7x 16.2x 15.9x
EV / FCF -53x 76.8x 87.8x 93.2x 45.4x 9.36x 61.6x 57.6x
FCF Yield -1.89% 1.3% 1.14% 1.07% 2.2% 10.7% 1.62% 1.74%
Dividend per Share 2 - 2.5 4 4.25 4.5 4.943 5.15 5.507
Rate of return - 2.15% 2.66% 2.22% 2.22% 2.97% 3.09% 3.31%
EPS 2 3.32 22.94 -3.18 9.04 16.13 14.34 14.07 14.56
Distribution rate - 10.9% -126% 47% 27.9% 34.5% 36.6% 37.8%
Net sales 1 3,273 5,654 6,849 7,136 7,469 8,449 8,698 8,916
EBITDA 1 1,868 3,304 3,696 3,961 4,086 5,130 5,299 5,419
EBIT 1 1,570 2,951 3,660 3,655 3,986 4,897 5,059 5,175
Net income 1 610 4,217 -585 1,689 3,139 2,699 2,592 2,684
Net Debt 1 31,030 35,464 34,857 37,413 51,860 49,410 49,608 49,788
Reference price 2 146.00 116.40 150.40 191.80 203.00 166.60 166.60 166.60
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.($)
14.56x4.57x12.5x3.44% 41.99B
6.51x0.89x1.79x7.75% 31.04B
21.88x4.32x18.13x1.16% 29.8B
7.88x1.41x7.05x4.52% 28.36B
14.91x3.12x15.42x2.35% 24.89B
15.78x1.01x6.65x2.36% 21.92B
15.36x6.68x18.95x1.23% 20.27B
9.14x2.2x7.57x4.07% 19.96B
9.92x1.63x13.88x3.81% 18.33B
Average 12.88x 2.87x 11.33x 3.41% 26.29B
Weighted average by Cap. 13.03x 2.95x 11.16x 3.53%

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

-40%: Exceptional extension
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