Company Valuation: Securitas AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 45,445 49,821 56,478 78,432 84,333 94,016 - -
Change - 9.63% 13.36% 38.87% 7.52% 11.48% - -
Enterprise Value (EV) 1 59,996 90,355 94,008 116,355 115,634 122,536 119,487 116,053
Change - 50.6% 4.04% 23.77% -0.62% 5.97% -2.49% -2.87%
P/E 14.5x 9.45x 44x 15.2x 16.5x 13.6x 12.6x 11.6x
PBR 2.19x 1.37x 1.54x 1.84x 2.16x 2.2x 2.02x 1.85x
PEG - 1.33x -0.6x 0x -18.58x 0.4x 1.5x 1.45x
Capitalization / Revenue 0.42x 0.37x 0.36x 0.48x 0.54x 0.63x 0.61x 0.58x
EV / Revenue 0.56x 0.68x 0.6x 0.72x 0.75x 0.82x 0.77x 0.72x
EV / EBITDA 7.15x 8.41x 7.13x 8.15x 7.69x 8.06x 7.49x 6.95x
EV / EBIT 10.5x 11.9x 9.77x 11x 10.6x 10.7x 9.86x 9.1x
EV / FCF 15x 26.4x 19x 22.9x 16.9x 17.8x 16.2x 14.6x
FCF Yield 6.67% 3.79% 5.25% 4.36% 5.91% 5.61% 6.16% 6.87%
Dividend per Share 2 4.4 3.45 3.8 4.5 5.3 5.978 6.589 7.01
Rate of return 3.53% 3.97% 3.85% 3.29% 3.6% 3.64% 4.02% 4.27%
EPS 2 8.59 9.2 2.24 9.01 8.93 12.05 13.06 14.1
Distribution rate 51.2% 37.5% 170% 49.9% 59.4% 49.6% 50.5% 49.7%
Net sales 1 107,700 133,237 157,249 161,921 155,113 149,690 155,122 160,762
EBITDA 1 8,392 10,739 13,183 14,284 15,044 15,201 15,959 16,688
EBIT 1 5,688 7,619 9,627 10,561 10,930 11,485 12,120 12,747
Net income 1 3,133 4,310 1,285 5,160 5,115 6,956 7,521 8,124
Net Debt 1 14,551 40,534 37,530 37,923 31,301 28,520 25,471 22,037
Reference price 2 124.65 86.96 98.58 136.90 147.20 164.10 164.10 164.10
Nbr of stocks (in thousands) 364,584 572,918 572,918 572,918 572,918 572,918 - -
Announcement Date 2/8/22 2/7/23 2/7/24 2/6/25 2/4/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.66x1.74x9.17x1.76% 16.43B
81.97x3.8x8.36x2.07% 12.28B
141.09x - - - 4.44B
24.66x1.79x9.9x - 3.97B
14.09x1.39x6.02x3.32% 3.35B
11.44x0.58x4.96x6.13% 1.71B
8.83x0.85x4.65x6.66% 1.06B
Average 43.53x 1.69x 7.18x 3.99% 6.18B
Weighted average by Cap. 50.41x 2.29x 8.41x 2.38%

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