Company Valuation: Bure Equity AB

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Capitalization 1 21,770 32,491 18,270 21,191 28,309 18,311
Change - 49.25% -43.77% 15.99% 33.59% -35.32%
Enterprise Value (EV) 1 20,276 32,036 17,741 19,618 27,530 17,972
Change - 58% -44.62% 10.58% 40.33% -34.72%
P/E ratio 6.51x 5.12x -1.98x 4.47x 4.94x -3.91x
PBR 1.23x 1.36x 1.26x 1.11x 1.15x 0.92x
PEG - 0.1x 0x -0x 0.2x 0x
Capitalization / Revenue 6x 5.05x -1.99x 4.41x 4.88x -3.98x
EV / Revenue 5.58x 4.98x -1.93x 4.08x 4.74x -3.91x
EV / EBITDA 6.19x 5.04x -1.92x 4.14x 4.82x -3.84x
EV / EBIT 6.21x 5.04x -1.92x 4.15x 4.83x -3.83x
EV / FCF 9.78x 8.08x -3.06x 6.59x 7.69x -6.53x
FCF Yield 10.2% 12.4% -32.6% 15.2% 13% -15.3%
Dividend per Share 2 2 2.25 2.25 2.5 2.75 2.75
Rate of return 0.68% 0.51% 0.91% 0.87% 0.72% 1.11%
EPS 2 45.08 85.67 -124.7 63.89 77.21 -63.16
Distribution rate 4.44% 2.63% -1.8% 3.91% 3.56% -4.35%
Net sales 1 3,631 6,432 -9,173 4,808 5,807 -4,601
EBITDA 1 3,276 6,362 -9,241 4,735 5,707 -4,682
EBIT 1 3,264 6,358 -9,245 4,730 5,702 -4,688
Net income 1 3,235 6,352 -9,243 4,745 5,742 -4,678
Net Debt 1 -1,493 -455 -529 -1,573 -779 -339
Reference price 2 293.60 438.20 246.40 285.80 381.80 246.80
Nbr of stocks (in thousands) 74,147 74,147 74,147 74,147 74,147 74,195
Announcement Date 4/12/21 4/7/22 4/5/23 4/4/24 4/2/25 4/14/26
1SEK in Million2SEK
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 2.14B
12.57x1.18x5.5x2.34% 17.6B
6.02x9.32x27.2x2.63% 11.51B
19.25x1.63x9.19x6.4% 11.51B
Average 12.61x 4.04x 13.97x 3.79% 10.69B
Weighted average by Cap. 12.60x 3.61x 12.70x 3.57%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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