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 93,733 - -
Change - -3.84% 32.61% 7.05% 0.6% 5.89% - -
Enterprise Value (EV) 1 72,828 83,213 79,950 94,391 95,624 100,669 100,578 99,716
Change - 14.26% -3.92% 18.06% 1.31% 5.28% -0.09% -0.86%
P/E 17.3x 12.1x 8.39x 24.1x 24.9x 22.9x 19.7x 17.5x
PBR 1.95x 1.65x 1.97x 2.12x 2.42x 2.46x 2.32x 2.17x
PEG - 0.3x 0x -0.4x 130.56x 1.4x 1.2x 1.4x
Capitalization / Revenue 1.9x 2.06x 2.4x 2.58x 2.58x 2.63x 2.49x 2.38x
EV / Revenue 2.15x 2.77x 2.33x 2.76x 2.79x 2.83x 2.67x 2.53x
EV / EBITDA 10.6x 12.9x 10.9x 12.5x 12.2x 12.3x 11.2x 10.5x
EV / EBIT 14.1x 16.4x 14.5x 16.8x 16.8x 16.5x 14.9x 13.7x
EV / FCF 21.4x 31.8x 22.4x 29.6x 26.5x 25.1x 20.5x 18.2x
FCF Yield 4.67% 3.15% 4.47% 3.38% 3.78% 3.98% 4.87% 5.5%
Dividend per Share 2 5.5 6 6.75 7.5 8 8.505 9.326 9.93
Rate of return 2.31% 2.49% 2% 1.98% 2.04% 2.03% 2.22% 2.37%
EPS 2 13.71 19.94 40.24 15.73 15.76 18.32 21.34 24.04
Distribution rate 40.1% 30.1% 16.8% 47.7% 50.8% 46.4% 43.7% 41.3%
Net sales 1 33,864 30,095 34,286 34,170 34,329 35,597 37,658 39,423
EBITDA 1 6,864 6,475 7,368 7,549 7,808 8,167 8,967 9,530
EBIT 1 5,151 5,066 5,518 5,602 5,706 6,085 6,754 7,264
Net income 1 3,716 5,260 10,075 3,736 3,596 4,109 4,712 5,157
Net Debt 1 8,367 21,229 -2,249 6,399 7,106 6,936 6,844 5,983
Reference price 2 237.80 240.80 337.60 378.60 392.70 419.60 419.60 419.60
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.($)
22.91x2.83x12.33x2.03% 9.72B
472.26x101.89x342.63x0.08% 13.18B
14.51x - - - 12.49B
140.19x45.85x115.83x0.16% 9.64B
23.95x2.22x9.85x-.--% 6.78B
21.11x1.73x10.48x2.06% 6.5B
136.9x11.22x48.94x0.27% 5.19B
41.45x - - 0.72% 3.99B
40.35x4.35x20.31x0.82% 3.87B
33.99x - - - 3.51B
Average 94.76x 24.30x 80.05x 0.77% 7.49B
Weighted average by Cap. 125.95x 34.87x 113.33x 0.73%

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