Company Valuation: Tele2 AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 88,993 58,714 59,923 75,591 107,163 109,368 - -
Change - -34.02% 2.06% 26.15% 41.77% 2.06% - -
Enterprise Value (EV) 1 118,674 89,822 89,891 105,924 136,243 137,553 137,977 138,858
Change - -24.31% 0.08% 17.84% 28.62% 0.96% 0.31% 0.64%
P/E 20.8x 10.6x 16.1x 19.6x 23.5x 10.6x 19.2x 17.5x
PBR 2.86x 2.48x 2.63x 3.42x 4.81x 4.78x 5.13x 5.59x
PEG - 0.4x -0.5x 5.54x 1.3x 0x -0.4x 1.8x
Capitalization / Revenue 3.32x 2.09x 2.06x 2.56x 3.59x 3.6x 3.52x 3.45x
EV / Revenue 4.43x 3.2x 3.09x 3.58x 4.56x 4.53x 4.44x 4.39x
EV / EBITDA 10.9x 7.88x 7.56x 8.72x 10.2x 9.89x 9.52x 9.27x
EV / EBIT 23x 13x 15.7x 18.2x 20.6x 11.1x 17.4x 16.4x
EV / FCF 17x 19.2x 15.1x 18.2x 17.8x 14.5x 16.3x 15.8x
FCF Yield 5.87% 5.22% 6.63% 5.48% 5.61% 6.9% 6.15% 6.31%
Dividend per Share 2 6.75 19.8 6.9 6.35 10.5 11.02 11.55 12.1
Rate of return 5.23% 23.3% 7.97% 5.81% 6.79% 7% 7.34% 7.68%
EPS 2 6.21 8.03 5.37 5.56 6.58 14.87 8.194 8.991
Distribution rate 109% 247% 128% 114% 160% 74.1% 141% 135%
Net sales 1 26,789 28,102 29,099 29,583 29,890 30,378 31,060 31,659
EBITDA 1 10,900 11,395 11,885 12,149 13,397 13,911 14,494 14,979
EBIT 1 5,169 6,890 5,734 5,817 6,615 12,384 7,918 8,468
Net income 1 4,306 5,574 3,735 3,870 4,587 10,338 5,637 6,015
Net Debt 1 29,681 31,108 29,968 30,333 29,080 28,185 28,609 29,490
Reference price 2 129.10 85.10 86.54 109.25 154.55 157.45 157.45 157.45
Nbr of stocks (in thousands) 688,651 689,909 691,633 691,933 693,390 694,578 - -
Announcement Date 2/1/22 1/31/23 1/30/24 1/28/25 1/28/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.58x4.52x9.88x7.01% 10.98B
692.76x40.55x83.77x - 1,995B
13.41x2.54x6.42x2.83% 158B
32.24x5.29x21.96x0.26% 154B
10.41x2.22x5.97x5.32% 140B
29.87x5.43x9.51x1.74% 126B
7.5x1.33x4.8x5.99% 78.3B
18.73x2.16x8.17x3.72% 72.23B
14.34x2.35x7.68x2.93% 69.35B
13.19x1.41x4.8x3.44% 36.35B
Average 84.30x 6.78x 16.30x 3.69% 284.02B
Weighted average by Cap. 492.20x 29.44x 61.74x 3.07%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Tele2 AB

Historical PBR trend

Valuation ratios - PBR - Tele2 AB

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Tele2 AB

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Tele2 AB


Year-on-year evolution of the Yield

Valuation ratios - Yield - Tele2 AB