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 92,393 - -
Change - -3.84% 32.61% 7.05% 0.6% 4.38% - -
Enterprise Value (EV) 1 72,828 83,213 79,950 94,391 95,624 99,315 99,284 98,551
Change - 14.26% -3.92% 18.06% 1.31% 3.86% -0.03% -0.74%
P/E 17.3x 12.1x 8.39x 24.1x 24.9x 22.8x 19.7x 17.5x
PBR 1.95x 1.65x 1.97x 2.12x 2.42x 2.43x 2.29x 2.15x
PEG - 0.3x 0x -0.4x 130.56x 1.5x 1.2x 1.4x
Capitalization / Revenue 1.9x 2.06x 2.4x 2.58x 2.58x 2.62x 2.48x 2.38x
EV / Revenue 2.15x 2.77x 2.33x 2.76x 2.79x 2.81x 2.67x 2.53x
EV / EBITDA 10.6x 12.9x 10.9x 12.5x 12.2x 12.2x 11.2x 10.5x
EV / EBIT 14.1x 16.4x 14.5x 16.8x 16.8x 16.4x 14.8x 13.7x
EV / FCF 21.4x 31.8x 22.4x 29.6x 26.5x 24.7x 20.3x 18.1x
FCF Yield 4.67% 3.15% 4.47% 3.38% 3.78% 4.05% 4.93% 5.52%
Dividend per Share 2 5.5 6 6.75 7.5 8 8.504 9.326 9.924
Rate of return 2.31% 2.49% 2% 1.98% 2.04% 2.06% 2.25% 2.4%
EPS 2 13.71 19.94 40.24 15.73 15.76 18.13 21.01 23.63
Distribution rate 40.1% 30.1% 16.8% 47.7% 50.8% 46.9% 44.4% 42%
Net sales 1 33,864 30,095 34,286 34,170 34,329 35,298 37,201 38,893
EBITDA 1 6,864 6,475 7,368 7,549 7,808 8,109 8,867 9,409
EBIT 1 5,151 5,066 5,518 5,602 5,706 6,071 6,698 7,193
Net income 1 3,716 5,260 10,075 3,736 3,596 4,062 4,630 5,055
Net Debt 1 8,367 21,229 -2,249 6,399 7,106 6,922 6,891 6,158
Reference price 2 237.80 240.80 337.60 378.60 392.70 413.60 413.60 413.60
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.26x2.86x12.47x2.02% 9.7B
17.25x - - - 14.86B
378.38x81.51x274.1x0.09% 10.55B
140.58x45.98x116.16x0.16% 9.65B
26.04x2.39x10.6x-.--% 7.37B
21.23x1.74x10.5x2.05% 6.49B
129.82x10.12x45.32x0.3% 4.63B
46.39x - - 0.64% 4.46B
37.45x - - - 3.86B
38.56x4.16x19.43x0.85% 3.72B
Average 85.90x 21.25x 69.80x 0.76% 7.53B
Weighted average by Cap. 96.36x 27.30x 87.54x 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