Company Valuation: SAAB AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 30,325 54,355 80,855 124,896 288,781 329,977 - -
Change - 79.24% 48.75% 54.47% 131.22% 14.27% - -
Enterprise Value (EV) 1 32,450 51,923 78,512 122,685 284,792 325,756 324,672 321,688
Change - 60.01% 51.21% 56.26% 132.13% 14.38% -0.33% -0.92%
P/E 15.9x 25x 24.1x 30.2x 45.9x 40.8x 32.3x 26.6x
PBR 1.32x 1.85x 2.53x 3.52x 6.67x 6.51x 5.63x 4.82x
PEG - 1.8x 0.5x 1.3x 0.9x 1.4x 1.2x 1.2x
Capitalization / Revenue 0.77x 1.29x 1.57x 1.96x 3.65x 3.37x 2.77x 2.36x
EV / Revenue 0.83x 1.24x 1.52x 1.92x 3.6x 3.33x 2.73x 2.3x
EV / EBITDA 6.72x 9.61x 12x 14.6x 25.1x 22.8x 18.3x 15.2x
EV / EBIT 11.2x 15.9x 18.4x 21.7x 35.3x 30.9x 24.4x 20x
EV / FCF 10.2x 22.2x 26.9x 64.8x 616x 114x 103x 67.4x
FCF Yield 9.84% 4.51% 3.72% 1.54% 0.16% 0.88% 0.97% 1.48%
Dividend per Share 2 1.225 1.325 1.6 2 2.4 3.47 4.387 5.374
Rate of return 2.13% 1.29% 1.05% 0.86% 0.45% 0.57% 0.72% 0.88%
EPS 2 3.612 4.102 6.29 7.74 11.7 15.01 18.99 23.06
Distribution rate 33.9% 32.3% 25.4% 25.8% 20.5% 23.1% 23.1% 23.3%
Net sales 1 39,154 42,006 51,609 63,751 79,146 97,918 119,089 139,575
EBITDA 1 4,826 5,401 6,558 8,402 11,347 14,275 17,719 21,223
EBIT 1 2,888 3,274 4,272 5,662 8,066 10,552 13,313 16,075
Net income 1 1,926 2,195 3,381 4,171 6,314 8,022 10,129 12,248
Net Debt 1 2,125 -2,432 -2,343 -2,211 -3,989 -4,220 -5,305 -8,289
Reference price 2 57.58 102.68 151.90 233.70 537.60 612.60 612.60 612.60
Nbr of stocks (in thousands) 526,704 529,386 532,293 534,427 537,166 538,649 - -
Announcement Date 2/11/22 2/10/23 2/9/24 2/7/25 2/5/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.72x6.56x27.49x0.58% 321B
30.62x2.87x17.02x1.55% 249B
25.47x1.69x12.58x1.81% 169B
34.84x5.07x21.3x0.98% 162B
33.06x3.63x16.44x1.25% 154B
-713.16x1.79x40.52x-.--% 153B
16.58x1.61x11.61x2.77% 117B
42x9.46x29.35x0.22% 92.23B
19.42x1.65x13.5x1.91% 89.17B
Average -52.83x 3.81x 21.09x 1.23% 167.33B
Weighted average by Cap. -44.78x 3.96x 21.67x 1.16%

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