Company Valuation: Wihlborgs AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 31,573 24,133 28,975 32,218 28,053 23,826 - -
Change - -23.56% 20.06% 11.19% -12.93% -15.07% - -
Enterprise Value (EV) 1 54,873 50,780 56,578 61,897 61,040 71,521 71,657 71,448
Change - -7.46% 11.42% 9.4% -1.39% 17.17% 0.19% -0.29%
P/E 9.43x 10.6x -1,047x 18.9x 12.6x 12.5x 9.28x 8.58x
PBR 1.44x 1.03x 1.29x 1.39x 1.15x 1.09x 1x 0.93x
PEG - -0.3x 10x -0x 0.4x -0.9x 0.3x 1.06x
Capitalization / Revenue 10.3x 7.24x 7.47x 7.72x 6.44x 4.86x 4.11x 3.95x
EV / Revenue 17.9x 15.2x 14.6x 14.8x 14x 14.6x 12.4x 11.8x
EV / EBITDA 25.8x 22.5x 21.1x 21.3x 20.2x 21x 17.8x 17x
EV / EBIT 26x 22.6x 21.2x 21.3x 20.2x 21x 17.8x 16.9x
EV / FCF 131x 120x -857x -88.4x -20.2x 104x 51.1x 38.7x
FCF Yield 0.76% 0.83% -0.12% -1.13% -4.94% 0.96% 1.96% 2.58%
Dividend per Share 2 3 3.1 3.15 3.2 3.3 3.417 3.533 3.642
Rate of return 2.92% 3.95% 3.34% 3.05% 3.62% 4.41% 4.56% 4.7%
EPS 2 10.89 7.44 -0.09 5.55 7.22 6.205 8.354 9.03
Distribution rate 27.5% 41.7% -3,500% 57.7% 45.7% 55.1% 42.3% 40.3%
Net sales 1 3,060 3,335 3,881 4,174 4,354 4,905 5,794 6,032
EBITDA 1 2,128 2,259 2,686 2,902 3,020 3,399 4,025 4,206
EBIT 1 2,112 2,243 2,671 2,902 3,020 3,399 4,033 4,229
Net income 1 3,348 2,288 -27 1,706 2,220 1,876 2,361 2,384
Net Debt 1 23,300 26,647 27,603 29,679 32,987 47,695 47,831 47,622
Reference price 2 102.70 78.50 94.25 104.80 91.25 77.50 77.50 77.50
Nbr of stocks (in thousands) 307,427 307,427 307,427 307,427 307,427 307,427 - -
Announcement Date 2/15/22 2/14/23 2/13/24 2/11/25 2/10/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.62x14.63x21.12x4.36% 2.51B
18.87x4.09x16.54x1.29% 28.87B
5.41x0.63x1.33x9.24% 26.04B
14.39x3.15x15.03x2.44% 26.14B
7.99x0.88x3.22x2.8% 20.44B
13.57x6.57x17.43x1.58% 19.58B
33.46x15.57x53.84x1.22% 17.61B
35.32x13.06x32.82x3.34% 17.11B
7.47x1.77x5.46x2.84% 16.38B
9.4x27.83x - 2.34% 16B
Average 15.85x 8.82x 18.53x 3.15% 19.07B
Weighted average by Cap. 15.67x 7.20x 16.97x 3.16%

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 Wihlborgs AB