Company Valuation: SSAB AB

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 27,910 49,048 56,651 77,942 44,075 70,213 70,213 -
Change - 75.74% 15.5% 37.58% -43.45% 59.3% 0% -
Enterprise Value (EV) 1 38,188 46,702 42,364 59,736 26,298 57,737 63,612 74,807
Change - 22.3% -9.29% 41.01% -55.98% 119.55% 10.18% 17.6%
P/E ratio -58.6x 3.68x -5.39x 6.05x 6.88x 14.3x 10.2x 9.07x
PBR 0.56x 0.74x 0.87x 1.16x 0.63x 1x 0.97x 0.9x
PEG - -0x 0x -0x -0.1x -0.6x 0.3x 0.7x
Capitalization / Revenue 0.43x 0.51x 0.44x 0.65x 0.43x 0.72x 0.7x 0.66x
EV / Revenue 0.58x 0.49x 0.33x 0.5x 0.25x 0.6x 0.63x 0.71x
EV / EBITDA 11.4x 2.11x 1.3x 2.97x 2.18x 5.78x 4.85x 5.1x
EV / EBIT -118x 2.48x 1.45x 3.63x 3.35x 9.8x 7.19x 7.42x
EV / FCF 17.7x 4.06x 3.21x 4.01x 7.14x -11.9x -14.3x -10.2x
FCF Yield 5.66% 24.6% 31.2% 25% 14% -8.39% -7.01% -9.78%
Dividend per Share 2 - 5.25 8.7 5 2 2.047 2.655 2.908
Rate of return - 10% 15.3% 6.52% 4.45% 2.9% 3.76% 4.12%
EPS 2 -0.5 14.24 -10.57 12.67 6.54 4.92 6.924 7.787
Distribution rate - 36.9% -82.3% 39.5% 30.6% 41.5% 38.3% 37.3%
Net sales 1 65,396 95,891 128,745 119,489 103,418 96,220 100,536 106,079
EBITDA 1 3,364 22,094 32,675 20,141 12,069 10,189 13,107 14,670
EBIT 1 -325 18,837 29,283 16,467 7,860 6,116 8,848 10,085
Net income 1 -510 14,662 -10,886 13,029 6,522 4,902 7,073 7,999
Net Debt 1 10,278 -2,346 -14,287 -18,206 -17,777 -12,476 -6,601 4,594
Reference price 2 29.30 52.44 56.94 76.68 44.97 70.62 70.62 70.62
Nbr of stocks (in thousands) 1,029,835 1,029,835 1,029,835 1,012,743 996,618 996,618 996,618 -
Announcement Date 1/29/21 1/28/22 1/27/23 1/31/24 1/29/25 1/28/26 - -
1SEK in Million2SEK
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.85x0.62x6.04x2.79% 7.44B
10.96x0.72x5.57x1.13% 38.95B
13.65x1.16x7.42x1.35% 37.24B
20.26x1.38x9.36x1.9% 24.75B
12.61x1.34x8.23x1.2% 24.72B
-82.09x0.76x7.84x3.99% 19.42B
37.56x6.12x22.92x0.22% 18B
14.66x0.54x5.5x2.89% 16.9B
69.98x - - - 8.6B
Average 12.49x 1.58x 9.11x 1.94% 21.78B
Weighted average by Cap. 9.13x 1.48x 8.70x 1.72%

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

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