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 69,667 104,650 - -
Change - 15.5% 37.58% -43.45% 58.06% 50.21% - -
Enterprise Value (EV) 1 46,702 42,364 59,736 26,298 58,071 98,173 108,208 115,133
Change - -9.29% 41.01% -55.98% 120.82% 69.06% 10.22% 6.4%
P/E 3.68x -5.39x 6.05x 6.88x 14.3x 14.2x 11.1x 11.8x
PBR 0.74x 0.87x 1.16x 0.63x 1.04x 1.41x 1.3x 1.21x
PEG - 0x -0x -0.1x -0.6x 0.3x 0.4x -2.1x
Capitalization / Revenue 0.51x 0.44x 0.65x 0.43x 0.72x 1x 0.93x 0.91x
EV / Revenue 0.49x 0.33x 0.5x 0.25x 0.6x 0.94x 0.96x 1x
EV / EBITDA 2.11x 1.3x 2.97x 2.18x 5.7x 7.1x 6.42x 6.93x
EV / EBIT 2.48x 1.45x 3.63x 3.35x 9.49x 10.2x 8.82x 9.76x
EV / FCF 4.06x 3.21x 4.01x 7.14x -16.8x -51x -16.9x -43.3x
FCF Yield 24.6% 31.2% 25% 14% -5.95% -1.96% -5.92% -2.31%
Dividend per Share 2 5.25 8.7 5 2 2 2.83 3.533 3.2
Rate of return 10% 15.3% 6.52% 4.45% 2.84% 2.7% 3.37% 3.05%
EPS 2 14.24 -10.57 12.67 6.54 4.92 7.392 9.443 8.912
Distribution rate 36.9% -82.3% 39.5% 30.6% 40.7% 38.3% 37.4% 35.9%
Net sales 1 95,891 128,745 119,489 103,418 96,220 104,371 112,629 114,563
EBITDA 1 22,094 32,675 20,141 12,069 10,189 13,824 16,847 16,611
EBIT 1 18,837 29,283 16,467 7,860 6,116 9,615 12,273 11,802
Net income 1 14,662 -10,886 13,029 6,522 4,902 7,467 9,480 9,129
Net Debt 1 -2,346 -14,287 -18,206 -17,777 -11,596 -6,477 3,558 10,483
Reference price 2 52.44 56.94 76.68 44.97 70.48 104.90 104.90 104.90
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.8x0.91x6.89x2.77% 10.63B
14.33x1.57x8.22x0.86% 59.5B
15.88x0.91x7.4x0.88% 53.64B
15.68x1.68x9.98x0.82% 37.03B
52.02x8.7x32.1x0.15% 27B
13.27x1.19x7.16x2.21% 24.77B
12.32x0.71x6.58x3.73% 21.57B
11.37x0.52x5.04x3.22% 16.03B
16.25x4.71x11.65x0.05% 12.12B
9.58x0.78x4.36x2.83% 9.37B
Average 17.45x 2.17x 9.94x 1.75% 27.17B
Weighted average by Cap. 18.04x 2.09x 10.22x 1.38%

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