Company Valuation: Swedbank AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 204,213 199,120 228,671 245,657 360,989 411,729 - -
Change - -2.49% 14.84% 7.43% 46.95% 14.06% - -
Enterprise Value (EV) 204,213 199,120 228,671 245,657 360,989 411,729 411,729 411,729
Change - -2.49% 14.84% 7.43% 46.95% 14.06% 0% 0%
P/E 9.81x 9.13x 6.72x 7.07x 11.1x 13.5x 12.3x 11.7x
PBR 1.26x 1.13x 1.15x 1.12x 1.6x 1.84x 1.8x 1.73x
PEG - 1.95x 0.1x 3.63x -1.82x -2.19x 1.26x 2.24x
Capitalization / Revenue 4.36x 3.74x 3.13x 3.32x 5.25x 5.79x 5.54x 5.33x
EV / Revenue 0x 0x 0x 0x 0x 5.79x 5.54x 5.33x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 9.98x 9.07x 8.6x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 9.25 9.75 15.15 21.7 20.45 23.87 24.53 25.12
Rate of return 5.08% 5.5% 7.45% 9.94% 6.37% 6.52% 6.69% 6.86%
EPS 2 18.56 19.43 30.27 30.86 28.98 27.19 29.84 31.4
Distribution rate 49.8% 50.2% 50% 70.3% 70.6% 87.8% 82.2% 80%
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 2 182.10 177.30 203.30 218.30 321.10 366.40 366.40 366.40
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.($)
13.47x - - 6.52% 42.76B
14x - - 1.84% 922B
13.23x - - 1.93% 432B
5.69x - - 5.45% 374B
12.32x - - 4.19% 342B
19.25x - - 2.21% 302B
5.35x - - 5.69% 282B
12.17x - - 2.16% 265B
5.76x - - 5.43% 261B
14.99x - - 2.64% 257B
Average 11.62x 3.81% 348.07B
Weighted average by Cap. 11.91x 3.23%

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