Company Valuation: Volati AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 17,986 6,924 8,814 7,790 8,497 2,025 - -
Change - -61.5% 27.29% -11.62% 9.07% -76.17% - -
Enterprise Value (EV) 1 19,519 9,077 11,044 9,834 10,512 2,933 2,748 2,568
Change - -53.49% 21.67% -10.96% 6.89% -72.09% -6.31% -6.57%
P/E 41.8x 19.6x 30.2x 37.3x 35.7x 20x 13.6x 10.5x
PBR 9.61x 3.27x 4.01x 3.53x 3.93x 1.63x 1.52x 1.39x
PEG - -1.1x -1.8x -1.3x 2.5x -0.3x 0.3x 0.4x
Capitalization / Revenue 2.85x 0.89x 1.13x 0.99x 1.01x 0.43x 0.41x 0.4x
EV / Revenue 3.09x 1.17x 1.42x 1.25x 1.25x 0.63x 0.56x 0.5x
EV / EBITDA 22.5x 9.5x 11.1x 10.5x 10.3x 5.9x 4.55x 3.86x
EV / EBIT 31.5x 14.5x 17.4x 18.2x 17.8x 11.1x 7.69x 6.28x
EV / FCF 50.6x 22.5x - 14.6x 16.7x 13.4x 12x 9.58x
FCF Yield 1.98% 4.45% - 6.84% 6% 7.46% 8.32% 10.4%
Dividend per Share 2 1.7 1.8 1.9 2 2 0.615 0.69 0.595
Rate of return 0.75% 2.06% 1.71% 2.04% 1.87% 2.41% 2.71% 2.33%
EPS 2 5.42 4.44 3.68 2.63 3 1.275 1.88 2.44
Distribution rate 31.4% 40.5% 51.6% 76% 66.7% 48.2% 36.7% 24.4%
Net sales 1 6,309 7,751 7,796 7,866 8,419 4,691 4,938 5,104
EBITDA 1 869 956 999 941 1,018 497.6 603.7 665.6
EBIT 1 620 624 636 541 589 264.4 357.3 408.8
Net income 1 496 417 356 273 302 113.6 181.4 226.3
Net Debt 1 1,533 2,153 2,230 2,044 2,015 908.5 723.4 542.8
Reference price 2 226.50 87.20 111.00 98.10 107.00 25.50 25.50 25.50
Nbr of stocks (in thousands) 79,407 79,407 79,407 79,407 79,407 79,407 - -
Announcement Date 2/11/22 2/10/23 2/9/24 2/12/25 2/12/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
24.15x - - -.--% 1,074B
25.66x4.29x17.1x2.1% 147B
24.91x1.87x12.03x1.1% 124B
21.55x3.76x12.85x1.99% 85.54B
23.62x5.13x17.49x2.47% 77.02B
24.04x1.84x13.43x1.14% 74.17B
41.74x2.51x20.73x0.71% 74.14B
38.29x2.5x12.95x3.15% 22.58B
Average 27.99x 3.13x 15.23x 1.58% 209.88B
Weighted average by Cap. 25.14x 3.24x 15.35x 0.6%

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