Company Valuation: SKF AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 97,825 72,476 91,712 94,528 111,960 125,235 - -
Change - -25.91% 26.54% 3.07% 18.44% 11.86% - -
Enterprise Value (EV) 1 115,185 91,510 107,903 111,000 124,012 134,339 130,411 123,629
Change - -20.55% 17.91% 2.87% 11.72% 8.33% -2.92% -5.2%
P/E 13.3x 16.2x 14.3x 14.6x 28.5x 20.4x 16.3x 14.3x
PBR 2.24x 1.4x 1.74x 1.58x 2.09x 2.14x 2x 1.89x
PEG - -0.4x 0.3x 11.39x -0.7x 0.4x 0.6x 1.1x
Capitalization / Revenue 1.2x 0.75x 0.88x 0.96x 1.22x 1.36x 1.3x 1.27x
EV / Revenue 1.41x 0.94x 1.04x 1.12x 1.35x 1.46x 1.36x 1.25x
EV / EBITDA 8.14x 6.54x 6.25x 6.68x 7.61x 8.28x 7.5x 6.75x
EV / EBIT 10.6x 8.97x 8.31x 9.11x 10.6x 11x 9.76x 8.7x
EV / FCF 54.9x 310x 13.6x 21.7x 27.2x 37.7x 19.7x 15.4x
FCF Yield 1.82% 0.32% 7.34% 4.6% 3.68% 2.65% 5.08% 6.48%
Dividend per Share 2 7 7 7 7.5 7.75 7.844 8.534 9.199
Rate of return 3.26% 4.4% 3.48% 3.61% 3.15% 2.85% 3.1% 3.34%
EPS 2 16.09 9.81 14.04 14.22 8.62 13.48 16.92 19.18
Distribution rate 43.5% 71.4% 49.9% 52.7% 89.9% 58.2% 50.5% 48%
Net sales 1 81,732 96,933 103,881 98,722 91,583 92,003 96,074 98,558
EBITDA 1 14,149 13,988 17,274 16,615 16,297 16,226 17,394 18,317
EBIT 1 10,839 10,204 12,977 12,183 11,673 12,206 13,364 14,211
Net income 1 7,331 4,469 6,395 6,474 3,927 5,998 7,663 8,621
Net Debt 1 17,360 19,034 16,191 16,472 12,052 9,104 5,176 -1,607
Reference price 2 214.50 159.15 201.30 207.60 245.80 275.10 275.10 275.10
Nbr of stocks (in thousands) 455,351 455,351 455,351 455,351 455,351 455,351 - -
Announcement Date 2/3/22 2/2/23 1/31/24 1/31/25 1/30/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.16x5.43x19.69x0.83% 123B
34.94x5.49x20.8x1.54% 97.45B
45.06x9.14x26.74x-.--% 65.48B
27.58x3.16x18.24x0.75% 60.3B
40.2x6.25x27.6x1.93% 58.24B
27.51x5.07x17.77x2.19% 35.94B
20.6x1.76x12.69x2.28% 29.97B
30.09x4.01x15.13x0.11% 29.52B
21.04x3.65x11.66x1.45% 29.28B
Average 30.91x 4.88x 18.93x 1.23% 58.76B
Weighted average by Cap. 32.70x 5.32x 20.25x 1.14%

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