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 94,528 111,960 125,052 - -
Change - -25.91% 26.54% 3.07% 18.44% 11.69% - -
Enterprise Value (EV) 1 115,185 91,510 107,903 111,000 124,012 134,270 129,585 122,491
Change - -20.55% 17.91% 2.87% 11.72% 8.27% -3.49% -5.47%
P/E 13.3x 16.2x 14.3x 14.6x 28.5x 20.4x 16.3x 14.4x
PBR 2.24x 1.4x 1.74x 1.58x 2.09x 2.12x 1.99x 1.88x
PEG - -0.4x 0.3x 11.39x -0.7x 0.4x 0.7x 1.1x
Capitalization / Revenue 1.2x 0.75x 0.88x 0.96x 1.22x 1.36x 1.31x 1.28x
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 8.69x 7.64x 6.8x
EV / EBIT 10.6x 8.97x 8.31x 9.11x 10.6x 11x 9.78x 8.7x
EV / FCF 54.9x 310x 13.6x 21.7x 27.2x 37x 17.6x 14.6x
FCF Yield 1.82% 0.32% 7.34% 4.6% 3.68% 2.7% 5.67% 6.87%
Dividend per Share 2 7 7 7 7.5 7.75 7.823 8.521 9.187
Rate of return 3.26% 4.4% 3.48% 3.61% 3.15% 2.85% 3.1% 3.35%
EPS 2 16.09 9.81 14.04 14.22 8.62 13.49 16.8 19.09
Distribution rate 43.5% 71.4% 49.9% 52.7% 89.9% 58% 50.7% 48.1%
Net sales 1 81,732 96,933 103,881 98,722 91,583 91,881 95,157 97,729
EBITDA 1 14,149 13,988 17,274 16,615 16,297 15,457 16,961 18,014
EBIT 1 10,839 10,204 12,977 12,183 11,673 12,154 13,245 14,080
Net income 1 7,331 4,469 6,395 6,474 3,927 5,974 7,545 8,497
Net Debt 1 17,360 19,034 16,191 16,472 12,052 9,218 4,533 -2,561
Reference price 2 214.50 159.15 201.30 207.60 245.80 274.50 274.50 274.50
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
30.81x5.27x19.16x0.85% 121B
26.82x4.93x17.28x2.24% 35.46B
21.61x1.85x13.33x2.17% 31.42B
30.13x4.02x15.19x0.11% 29.63B
19.55x3.3x10.63x1.58% 27.05B
21.3x3.09x13.33x1.1% 25.98B
23.03x2.82x12.15x1.64% 24.68B
25.88x3.25x15.9x1.75% 24.01B
90.47x34.14x74.44x0.42% 23.57B
Average 32.18x 6.96x 21.27x 1.32% 38.13B
Weighted average by Cap. 31.08x 6.16x 20.04x 1.22%

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