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 69,667 101,293 - -
Change - 15.5% 37.58% -43.45% 58.06% 45.4% - -
Enterprise Value (EV) 1 46,702 42,364 59,736 26,298 58,071 94,816 104,851 111,776
Change - -9.29% 41.01% -55.98% 120.82% 63.28% 10.58% 6.6%
P/E 3.68x -5.39x 6.05x 6.88x 14.3x 13.7x 10.7x 11.4x
PBR 0.74x 0.87x 1.16x 0.63x 1.04x 1.36x 1.25x 1.17x
PEG - 0x -0x -0.1x -0.6x 0.3x 0.4x -1.89x
Capitalization / Revenue 0.51x 0.44x 0.65x 0.43x 0.72x 0.97x 0.9x 0.88x
EV / Revenue 0.49x 0.33x 0.5x 0.25x 0.6x 0.91x 0.93x 0.98x
EV / EBITDA 2.11x 1.3x 2.97x 2.18x 5.7x 6.86x 6.2x 6.73x
EV / EBIT 2.48x 1.45x 3.63x 3.35x 9.49x 9.86x 8.51x 9.47x
EV / FCF 4.06x 3.21x 4.01x 7.14x -16.8x -49.3x -16.4x -42x
FCF Yield 24.6% 31.2% 25% 14% -5.95% -2.03% -6.11% -2.38%
Dividend per Share 2 5.25 8.7 5 2 2 2.83 3.548 3.2
Rate of return 10% 15.3% 6.52% 4.45% 2.84% 2.8% 3.5% 3.16%
EPS 2 14.24 -10.57 12.67 6.54 4.92 7.395 9.484 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 96,220 104,439 112,804 114,563
EBITDA 1 22,094 32,675 20,141 12,069 10,189 13,827 16,899 16,611
EBIT 1 18,837 29,283 16,467 7,860 6,116 9,618 12,325 11,802
Net income 1 14,662 -10,886 13,029 6,522 4,902 7,470 9,533 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 70.48 101.25 101.25 101.25
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.($)
13.69x0.91x6.86x2.8% 10.56B
13.71x1.51x7.88x0.89% 57.15B
16.72x0.95x7.66x0.85% 55.72B
13.9x1.52x8.96x0.91% 33.55B
13.17x1.17x7.07x2.28% 24.2B
35.28x6.75x22.98x0.17% 23.44B
13.11x0.79x7.27x3.44% 22.86B
12.34x0.56x5.44x2.92% 18.8B
13.25x3.97x10.35x0.06% 10.59B
-19.68x0.14x3.01x1.06% 10.23B
Average 12.55x 1.83x 8.75x 1.54% 26.71B
Weighted average by Cap. 14.76x 1.72x 8.87x 1.36%

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