Company Valuation: Essity AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 207,509 191,871 175,494 205,499 181,162 189,045 - -
Change - -7.54% -8.54% 17.1% -11.84% 4.35% - -
Enterprise Value (EV) 1 262,942 254,740 229,197 236,268 207,705 217,423 213,992 210,133
Change - -3.12% -10.03% 3.09% -12.09% 4.68% -1.58% -1.8%
P/E 24.1x 34.5x 18.4x 9.91x 14.4x 15.6x 14x 13.1x
PBR 3.46x 2.85x 2.48x 2.34x 2.13x 2.08x 1.95x 1.8x
PEG - -1x 0.3x 0x -0.4x -5.34x 1.3x 1.78x
Capitalization / Revenue 1.7x 1.23x 1.19x 1.41x 1.31x 1.35x 1.31x 1.28x
EV / Revenue 2.16x 1.63x 1.56x 1.62x 1.5x 1.56x 1.48x 1.42x
EV / EBITDA 13.1x 12.5x 9.16x 8.91x 8.07x 8.72x 8.07x 7.56x
EV / EBIT 20.5x 21.3x 12.9x 12.3x 11.2x 12x 11x 10.2x
EV / FCF 36x 43x 18.7x 24.2x 24.8x 21.5x 18.4x 16.3x
FCF Yield 2.78% 2.33% 5.33% 4.14% 4.03% 4.66% 5.45% 6.12%
Dividend per Share 2 7 7.25 7.75 8.25 - 9.185 9.705 10.23
Rate of return 2.37% 2.65% 3.1% 2.79% - 3.3% 3.49% 3.68%
EPS 2 12.27 7.93 13.6 29.83 18.37 17.83 19.81 21.27
Distribution rate 57% 91.4% 57% 27.7% - 51.5% 49% 48.1%
Net sales 1 121,867 156,173 147,147 145,546 138,494 139,631 144,458 147,992
EBITDA 1 20,040 20,390 25,024 26,517 25,722 24,921 26,521 27,781
EBIT 1 12,828 11,942 17,789 19,234 18,531 18,065 19,471 20,616
Net income 1 8,620 5,567 9,554 20,888 12,656 12,100 13,320 14,207
Net Debt 1 55,433 62,869 53,703 30,769 26,543 28,378 24,947 21,088
Reference price 2 295.40 273.30 250.00 295.70 265.20 278.30 278.30 278.30
Nbr of stocks (in thousands) 702,342 702,342 702,342 694,998 683,049 679,243 - -
Announcement Date 1/26/22 1/26/23 1/25/24 1/23/25 1/22/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.61x1.56x8.72x3.3% 19.46B
22.02x4.26x15.58x2.86% 347B
17.6x2.69x11.9x3.55% 131B
24.96x3.74x15.75x2.27% 73.67B
45.22x7.24x31.44x2.1% 54.15B
20.07x2.82x11.7x4.43% 36.73B
78.05x2.36x14.37x1.75% 29.14B
17.52x1.25x7.47x1.35% 18.82B
21.68x1.56x9.96x2.39% 18.31B
50.41x7.02x34.4x1.27% 11.22B
Average 31.31x 3.45x 16.13x 2.53% 74B
Weighted average by Cap. 25.47x 3.83x 15.63x 2.84%

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