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 75,591 107,163 108,907 - -
Change - -34.02% 2.06% 26.15% 41.77% 1.63% - -
Enterprise Value (EV) 1 118,674 89,822 89,891 105,924 136,243 136,219 137,034 138,467
Change - -24.31% 0.08% 17.84% 28.62% -0.02% 0.6% 1.05%
P/E 20.8x 10.6x 16.1x 19.6x 23.5x 10.5x 19.1x 17.4x
PBR 2.86x 2.48x 2.63x 3.42x 4.81x 4.68x 5x 5.42x
PEG - 0.4x -0.5x 5.54x 1.3x 0x -0.4x 1.82x
Capitalization / Revenue 3.32x 2.09x 2.06x 2.56x 3.59x 3.59x 3.51x 3.45x
EV / Revenue 4.43x 3.2x 3.09x 3.58x 4.56x 4.49x 4.42x 4.38x
EV / EBITDA 10.9x 7.88x 7.56x 8.72x 10.2x 9.71x 9.42x 9.22x
EV / EBIT 23x 13x 15.7x 18.2x 20.6x 11x 17.4x 16.4x
EV / FCF 17x 19.2x 15.1x 18.2x 17.8x 13.5x 15.5x 15.2x
FCF Yield 5.87% 5.22% 6.63% 5.48% 5.61% 7.42% 6.45% 6.59%
Dividend per Share 2 6.75 19.8 6.9 6.35 10.5 11.2 11.29 12.51
Rate of return 5.23% 23.3% 7.97% 5.81% 6.79% 7.15% 7.2% 7.98%
EPS 2 6.21 8.03 5.37 5.56 6.58 14.98 8.2 8.984
Distribution rate 109% 247% 128% 114% 160% 74.8% 138% 139%
Net sales 1 26,789 28,102 29,099 29,583 29,890 30,361 31,004 31,597
EBITDA 1 10,900 11,395 11,885 12,149 13,397 14,035 14,544 15,025
EBIT 1 5,169 6,890 5,734 5,817 6,615 12,424 7,898 8,441
Net income 1 4,306 5,574 3,735 3,870 4,587 10,372 5,610 6,026
Net Debt 1 29,681 31,108 29,968 30,333 29,080 27,312 28,127 29,561
Reference price 2 129.10 85.10 86.54 109.25 154.55 156.75 156.75 156.75
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.($)
2254.15x50.95x104.66x - 2,322B
35.1x6.78x28.15x0.17% 234B
15.04x2.74x6.94x2.52% 177B
10.32x2.41x6.48x4.58% 166B
27.79x5.09x8.92x1.87% 115B
7.2x1.31x4.75x6.15% 76.54B
18.82x2.16x8.2x3.76% 72.36B
14.5x2.36x7.78x2.91% 69.71B
14.02x1.46x4.95x3.22% 38.72B
Average 266.33x 8.36x 20.09x 3.15% 363.55B
Weighted average by Cap. 1,605.69x 37.24x 77.83x 2.66%

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