Company Valuation: Essity AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 207,509 191,871 175,494 205,499 181,162 179,562 - -
Change - -7.54% -8.54% 17.1% -11.84% -0.88% - -
Enterprise Value (EV) 1 262,942 254,740 229,197 236,268 207,705 207,412 203,569 199,050
Change - -3.12% -10.03% 3.09% -12.09% -0.14% -1.85% -2.22%
P/E ratio 24.1x 34.5x 18.4x 9.91x 14.4x 14.2x 13x 12.2x
PBR 3.46x 2.85x 2.48x 2.34x 2.13x 1.96x 1.83x 1.68x
PEG - -1x 0.3x 0x -0.4x 21.11x 1.36x 1.89x
Capitalization / Revenue 1.7x 1.23x 1.19x 1.41x 1.31x 1.31x 1.27x 1.24x
EV / Revenue 2.16x 1.63x 1.56x 1.62x 1.5x 1.51x 1.44x 1.37x
EV / EBITDA 13.1x 12.5x 9.16x 8.91x 8.07x 8.07x 7.54x 7.15x
EV / EBIT 20.5x 21.3x 12.9x 12.3x 11.2x 11x 10.1x 9.56x
EV / FCF 36x 43x 18.7x 24.2x 24.8x 20.9x 16x 15x
FCF Yield 2.78% 2.33% 5.33% 4.14% 4.03% 4.78% 6.25% 6.67%
Dividend per Share 2 7 7.25 7.75 8.25 - 9.193 9.725 10.28
Rate of return 2.37% 2.65% 3.1% 2.79% - 3.49% 3.69% 3.9%
EPS 2 12.27 7.93 13.6 29.83 18.37 18.49 20.27 21.58
Distribution rate 57% 91.4% 57% 27.7% - 49.7% 48% 47.6%
Net sales 1 121,867 156,173 147,147 145,546 138,494 137,227 141,144 144,846
EBITDA 1 20,040 20,390 25,024 26,517 25,722 25,689 26,983 27,850
EBIT 1 12,828 11,942 17,789 19,234 18,531 18,866 20,161 20,829
Net income 1 8,620 5,567 9,554 20,888 12,656 12,617 13,700 14,460
Net Debt 1 55,433 62,869 53,703 30,769 26,543 27,850 24,007 19,487
Reference price 2 295.40 273.30 250.00 295.70 265.20 263.40 263.40 263.40
Nbr of stocks (in thousands) 702,342 702,342 702,342 694,998 683,049 681,363 - -
Announcement Date 1/26/22 1/26/23 1/25/24 1/23/25 1/22/26 - - -
1SEK in Million2SEK
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.24x1.51x8.07x3.49% 19.64B
22.74x4.48x16.1x2.74% 363B
19.07x2.89x12.44x3.25% 144B
25.04x3.81x15.69x2.33% 74.14B
49.62x8.73x37.55x2.14% 61.63B
19.16x2.7x11.75x4.74% 34.42B
70.86x2.74x17.49x1.52% 34.1B
18.3x1.34x7.78x1.28% 20.5B
53.97x7.52x36.77x1.2% 12.38B
44.5x5.9x31.35x1.47% 9.29B
Average 33.75x 4.16x 19.50x 2.42% 77.26B
Weighted average by Cap. 26.81x 4.21x 17.05x 2.72%

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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