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 75,591 107,163 111,868 - -
Change - -34.02% 2.06% 26.15% 41.77% 4.39% - -
Enterprise Value (EV) 1 118,674 89,822 89,891 105,924 136,243 140,069 139,605 140,484
Change - -24.31% 0.08% 17.84% 28.62% 2.81% -0.33% 0.63%
P/E 20.8x 10.6x 16.1x 19.6x 23.5x 10.7x 19.5x 17.7x
PBR 2.86x 2.48x 2.63x 3.42x 4.81x 4.72x 5.24x 5.7x
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 3.68x 3.6x 3.53x
EV / Revenue 4.43x 3.2x 3.09x 3.58x 4.56x 4.61x 4.49x 4.44x
EV / EBITDA 10.9x 7.88x 7.56x 8.72x 10.2x 10.1x 9.59x 9.32x
EV / EBIT 23x 13x 15.7x 18.2x 20.6x 11.3x 17.6x 16.4x
EV / FCF 17x 19.2x 15.1x 18.2x 17.8x 14.7x 16.3x 15.9x
FCF Yield 5.87% 5.22% 6.63% 5.48% 5.61% 6.81% 6.15% 6.29%
Dividend per Share 2 6.75 19.8 6.9 6.35 10.5 10.98 11.52 12.06
Rate of return 5.23% 23.3% 7.97% 5.81% 6.79% 6.82% 7.15% 7.49%
EPS 2 6.21 8.03 5.37 5.56 6.58 15.02 8.27 9.075
Distribution rate 109% 247% 128% 114% 160% 73.1% 139% 133%
Net sales 1 26,789 28,102 29,099 29,583 29,890 30,410 31,065 31,667
EBITDA 1 10,900 11,395 11,885 12,149 13,397 13,932 14,556 15,074
EBIT 1 5,169 6,890 5,734 5,817 6,615 12,441 7,954 8,545
Net income 1 4,306 5,574 3,735 3,870 4,587 10,340 5,638 6,018
Net Debt 1 29,681 31,108 29,968 30,333 29,080 28,200 27,737 28,615
Reference price 2 129.10 85.10 86.54 109.25 154.55 161.05 161.05 161.05
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.($)
1553.55x43.32x88.17x - 2,008B
36.64x5.68x23.57x0.23% 174B
14.25x2.65x6.69x2.66% 167B
9.76x2.38x6.38x4.78% 159B
29.25x5.32x9.32x1.78% 123B
7.34x1.32x4.79x6.06% 77.72B
19.43x2.21x8.38x3.59% 74.53B
14.71x2.39x7.83x2.86% 70.76B
13.38x1.42x4.84x3.38% 36.98B
Average 188.70x 7.41x 17.77x 3.17% 321.35B
Weighted average by Cap. 1,084.80x 31.10x 64.38x 2.86%

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