Company Valuation: Trelleborg AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 64,461 61,984 82,199 87,992 88,518 97,818 - -
Change - -3.84% 32.61% 7.05% 0.6% 10.51% - -
Enterprise Value (EV) 1 72,828 83,213 79,950 94,391 95,624 105,517 104,998 104,059
Change - 14.26% -3.92% 18.06% 1.31% 10.35% -0.49% -0.89%
P/E 17.3x 12.1x 8.39x 24.1x 24.9x 23.4x 20.1x 18.1x
PBR 1.95x 1.65x 1.97x 2.12x 2.42x 2.57x 2.41x 2.25x
PEG - 0.3x 0x -0.4x 130.56x 1.2x 1.2x 1.7x
Capitalization / Revenue 1.9x 2.06x 2.4x 2.58x 2.58x 2.69x 2.53x 2.42x
EV / Revenue 2.15x 2.77x 2.33x 2.76x 2.79x 2.9x 2.71x 2.57x
EV / EBITDA 10.6x 12.9x 10.9x 12.5x 12.2x 12.7x 11.4x 10.7x
EV / EBIT 14.1x 16.4x 14.5x 16.8x 16.8x 16.8x 15x 13.9x
EV / FCF 21.4x 31.8x 22.4x 29.6x 26.5x 29.6x 21.2x 18.7x
FCF Yield 4.67% 3.15% 4.47% 3.38% 3.78% 3.38% 4.72% 5.34%
Dividend per Share 2 5.5 6 6.75 7.5 8 8.577 9.411 9.985
Rate of return 2.31% 2.49% 2% 1.98% 2.04% 1.95% 2.14% 2.27%
EPS 2 13.71 19.94 40.24 15.73 15.76 18.78 21.85 24.24
Distribution rate 40.1% 30.1% 16.8% 47.7% 50.8% 45.7% 43.1% 41.2%
Net sales 1 33,864 30,095 34,286 34,170 34,329 36,340 38,727 40,434
EBITDA 1 6,864 6,475 7,368 7,549 7,808 8,298 9,201 9,735
EBIT 1 5,151 5,066 5,518 5,602 5,706 6,277 6,996 7,489
Net income 1 3,716 5,260 10,075 3,736 3,596 4,192 4,805 5,253
Net Debt 1 8,367 21,229 -2,249 6,399 7,106 7,699 7,180 6,241
Reference price 2 237.80 240.80 337.60 378.60 392.70 439.60 439.60 439.60
Nbr of stocks (in thousands) 271,072 257,409 243,479 232,413 225,409 222,516 - -
Announcement Date 2/4/22 1/27/23 2/2/24 1/28/25 1/29/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.4x2.9x12.72x1.95% 10.31B
16.68x - - - 15.24B
320.43x68.08x226.4x0.11% 9.07B
19.92x2.31x10.19x-.--% 7.19B
98.15x32x80.85x0.23% 6.79B
18.71x1.73x10.17x2.12% 6.33B
46.37x4.84x22.42x0.74% 4.24B
99.85x7.82x32.96x0.36% 3.8B
26.6x - - - 2.76B
26.6x4.54x19.63x1.62% 2.57B
Average 69.67x 15.53x 51.92x 0.89% 6.83B
Weighted average by Cap. 73.91x 18.97x 62.47x 0.89%

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

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  4. Valuation Trelleborg AB