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 91,857 - -
Change - -3.84% 32.61% 7.05% 0.6% 3.77% - -
Enterprise Value (EV) 1 72,828 83,213 79,950 94,391 95,624 98,793 98,701 97,840
Change - 14.26% -3.92% 18.06% 1.31% 3.31% -0.09% -0.87%
P/E 17.3x 12.1x 8.39x 24.1x 24.9x 22.3x 19.2x 17.1x
PBR 1.95x 1.65x 1.97x 2.12x 2.42x 2.4x 2.26x 2.11x
PEG - 0.3x 0x -0.4x 130.56x 1.3x 1.2x 1.4x
Capitalization / Revenue 1.9x 2.06x 2.4x 2.58x 2.58x 2.57x 2.43x 2.33x
EV / Revenue 2.15x 2.77x 2.33x 2.76x 2.79x 2.76x 2.61x 2.48x
EV / EBITDA 10.6x 12.9x 10.9x 12.5x 12.2x 12.1x 11x 10.3x
EV / EBIT 14.1x 16.4x 14.5x 16.8x 16.8x 16.2x 14.5x 13.5x
EV / FCF 21.4x 31.8x 22.4x 29.6x 26.5x 24.6x 20.1x 17.8x
FCF Yield 4.67% 3.15% 4.47% 3.38% 3.78% 4.06% 4.96% 5.61%
Dividend per Share 2 5.5 6 6.75 7.5 8 8.526 9.356 9.93
Rate of return 2.31% 2.49% 2% 1.98% 2.04% 2.07% 2.28% 2.41%
EPS 2 13.71 19.94 40.24 15.73 15.76 18.42 21.44 24.08
Distribution rate 40.1% 30.1% 16.8% 47.7% 50.8% 46.3% 43.6% 41.2%
Net sales 1 33,864 30,095 34,286 34,170 34,329 35,737 37,873 39,477
EBITDA 1 6,864 6,475 7,368 7,549 7,808 8,195 9,012 9,540
EBIT 1 5,151 5,066 5,518 5,602 5,706 6,107 6,788 7,273
Net income 1 3,716 5,260 10,075 3,736 3,596 4,122 4,731 5,157
Net Debt 1 8,367 21,229 -2,249 6,399 7,106 6,936 6,844 5,983
Reference price 2 237.80 240.80 337.60 378.60 392.70 411.20 411.20 411.20
Nbr of stocks (in thousands) 271,072 257,409 243,479 232,413 225,409 223,387 - -
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.($)
22.39x2.77x12.07x2.07% 9.5B
14.29x - - - 12.31B
450.06x97.07x326.43x0.08% 12.55B
137.02x44.81x113.2x0.16% 9.41B
23.44x2.18x9.67x-.--% 6.63B
20.93x1.73x10.42x2.06% 6.46B
122.97x10.03x43.75x0.3% 4.64B
39.71x4.28x20x0.83% 3.79B
35.07x - - 0.85% 3.37B
31.68x - - - 3.27B
Average 89.76x 23.27x 76.51x 0.79% 7.19B
Weighted average by Cap. 118.98x 33.11x 107.32x 0.76%

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