Company Valuation: SSAB AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 49,048 56,651 77,942 44,075 69,667 94,835 - -
Change - 15.5% 37.58% -43.45% 58.06% 36.13% - -
Enterprise Value (EV) 1 46,702 42,364 59,736 26,298 58,071 87,995 98,726 106,133
Change - -9.29% 41.01% -55.98% 120.82% 51.53% 12.2% 7.5%
P/E 3.68x -5.39x 6.05x 6.88x 14.3x 13.1x 10.9x 11.7x
PBR 0.74x 0.87x 1.16x 0.63x 1.04x 1.29x 1.2x 1.13x
PEG - 0x -0x -0.1x -0.6x 0.3x 0.6x -1.76x
Capitalization / Revenue 0.51x 0.44x 0.65x 0.43x 0.72x 0.92x 0.88x 0.86x
EV / Revenue 0.49x 0.33x 0.5x 0.25x 0.6x 0.86x 0.91x 0.97x
EV / EBITDA 2.11x 1.3x 2.97x 2.18x 5.7x 6.46x 6.23x 6.83x
EV / EBIT 2.48x 1.45x 3.63x 3.35x 9.49x 9.33x 8.7x 9.81x
EV / FCF 4.06x 3.21x 4.01x 7.14x -16.8x -29.6x -14.8x -30x
FCF Yield 24.6% 31.2% 25% 14% -5.95% -3.37% -6.75% -3.33%
Dividend per Share 2 5.25 8.7 5 2 2 2.818 3.293 2.971
Rate of return 10% 15.3% 6.52% 4.45% 2.84% 2.96% 3.45% 3.12%
EPS 2 14.24 -10.57 12.67 6.54 4.92 7.278 8.715 8.134
Distribution rate 36.9% -82.3% 39.5% 30.6% 40.7% 38.7% 37.8% 36.5%
Net sales 1 95,891 128,745 119,489 103,418 96,220 102,644 108,285 109,836
EBITDA 1 22,094 32,675 20,141 12,069 10,189 13,620 15,855 15,539
EBIT 1 18,837 29,283 16,467 7,860 6,116 9,431 11,345 10,817
Net income 1 14,662 -10,886 13,029 6,522 4,902 7,331 8,754 8,343
Net Debt 1 -2,346 -14,287 -18,206 -17,777 -11,596 -6,841 3,891 11,298
Reference price 2 52.44 56.94 76.68 44.97 70.48 95.34 95.34 95.34
Nbr of stocks (in thousands) 1,029,835 1,029,835 1,012,743 996,618 996,618 996,618 - -
Announcement Date 1/28/22 1/27/23 1/31/24 1/29/25 1/28/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.1x0.86x6.46x2.96% 9.76B
14.49x1.51x8.47x0.94% 54.57B
13.7x0.84x6.64x0.98% 48.38B
15.48x1.68x9.77x0.87% 35.14B
55.5x9.25x34.14x0.14% 28.72B
12.96x1.22x7.14x2.16% 25.52B
-67.17x0.76x7.6x4.36% 17.83B
12.81x0.55x5.11x3.08% 15.8B
14.1x4.19x10.87x0.06% 10.5B
Average 9.44x 2.32x 10.69x 1.73% 27.36B
Weighted average by Cap. 13.01x 2.25x 10.90x 1.4%

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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