Company Valuation: Swedbank AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 204,213 199,120 228,671 245,657 360,989 409,032 - -
Change - -2.49% 14.84% 7.43% 46.95% 13.31% - -
Enterprise Value (EV) 204,213 199,120 228,671 245,657 360,989 409,032 409,032 409,032
Change - -2.49% 14.84% 7.43% 46.95% 13.31% 0% 0%
P/E 9.81x 9.13x 6.72x 7.07x 11.1x 13.6x 12.4x 11.7x
PBR 1.26x 1.13x 1.15x 1.12x 1.6x 1.85x 1.82x 1.74x
PEG - 1.95x 0.1x 3.63x -1.82x -2.2x 1.27x 2.25x
Capitalization / Revenue 4.36x 3.74x 3.13x 3.32x 5.25x 5.76x 5.51x 5.29x
EV / Revenue 0x 0x 0x 0x 0x 5.76x 5.51x 5.29x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 9.92x 9.01x 8.55x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 9.25 9.75 15.15 21.7 20.45 23.69 24.59 25.07
Rate of return 5.08% 5.5% 7.45% 9.94% 6.37% 6.43% 6.67% 6.8%
EPS 2 18.56 19.43 30.27 30.86 28.98 27.19 29.85 31.4
Distribution rate 49.8% 50.2% 50% 70.3% 70.6% 87.1% 82.4% 79.8%
Net sales 1 46,890 53,221 73,057 74,104 68,736 71,060 74,260 77,297
EBITDA - - - - - - - -
EBIT 1 26,043 31,806 48,957 48,728 44,203 41,245 45,391 47,851
Net income 1 20,871 21,877 34,128 34,869 32,759 30,429 33,541 35,135
Net Debt - - - - - - - -
Reference price 2 182.10 177.30 203.30 218.30 321.10 368.70 368.70 368.70
Nbr of stocks (in thousands) 1,121,434 1,123,071 1,124,796 1,125,318 1,124,226 1,123,715 - -
Announcement Date 2/2/22 1/31/23 1/24/24 1/23/25 1/29/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.62x - - 1.87% 899B
13.13x - - 1.99% 420B
5.59x - - 5.54% 362B
11.99x - - 4.29% 335B
18.63x - - 2.29% 290B
5.31x - - 5.74% 278B
5.75x - - 5.45% 258B
12.4x - - 2.17% 266B
14.15x - - 2.86% 237B
Average 11.28x 3.58% 371.71B
Weighted average by Cap. 11.87x 3.25%

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