Company Valuation: VEF AB

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 327.1 696.8 245.1 190.4 208 245.6
Change - 113.04% -64.83% -22.3% 9.23% 18.07%
Enterprise Value (EV) 1 323 685.7 283.5 211.6 235.1 260.8
Change - 112.3% -58.66% -25.35% 11.1% 10.92%
P/E 4.48x 2.23x -0.65x 3.17x -2.22x 3.02x
PBR 1.05x 0.92x 0.64x 0.43x 0.59x 0.57x
PEG - 0x 0x -0x 0x -0x
Capitalization / Revenue 3.84x 2.45x -0.66x 2.56x -2.65x 2.41x
EV / Revenue 3.79x 2.41x -0.77x 2.84x -3x 2.56x
EV / EBITDA 4.08x 2.48x -0.75x 3.14x -2.77x 2.77x
EV / EBIT 4.08x 2.48x -0.75x 3.14x -2.77x 2.77x
EV / FCF 6.84x 3.93x -1.2x 5.7x -4.21x 4.61x
FCF Yield 14.6% 25.5% -83.6% 17.5% -23.8% 21.7%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.11 0.3 -0.3611 0.0577 -0.09 0.08
Distribution rate - - - - - -
Net sales 1 85.14 285 -369.3 74.41 -78.36 101.9
EBITDA 1 79.16 276.1 -376.7 67.35 -84.81 94.29
EBIT 1 79.14 276 -376.7 67.3 -84.86 94.24
Net income 1 79.45 275.5 -377.4 60.07 -89.86 85.44
Net Debt 1 -4.088 -11.11 38.42 21.22 27.13 15.21
Reference price 2 0.4930 0.6688 0.2352 0.1828 0.1996 0.2415
Nbr of stocks (in thousands) 663,401 1,041,790 1,041,866 1,041,866 1,041,866 1,016,764
Announcement Date 3/31/21 3/28/22 3/27/23 3/28/24 3/26/25 3/23/26
1USD in Million2USD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 183M
11.7x1.91x16.49x5.15% 3.25B
8.98x - - 10.63% 2.87B
5.98x3.72x4.9x-.--% 1.19B
Average 8.89x 2.81x 10.69x 5.26% 1.87B
Weighted average by Cap. 9.70x 2.39x 13.39x 6.47%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA