Company Valuation: Gränges AB

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 10,652 11,279 9,068 12,332 14,001 16,336 16,336 -
Change - 5.89% -19.6% 35.99% 13.53% 16.68% 0% -
Enterprise Value (EV) 1 13,944 14,922 13,445 15,565 18,871 20,627 19,690 18,334
Change - 7.02% -9.9% 15.77% 21.24% 9.31% -4.54% -6.89%
P/E ratio 23.8x 19x 13x 12.2x 13.8x 15.3x 13.7x 11.6x
PBR 1.51x 1.63x 1.11x 1.4x 1.29x 1.42x 1.47x 1.35x
PEG - 0.6x 0.7x 0.3x 43.61x 48.5x 0.7x 0.7x
Capitalization / Revenue 0.97x 0.62x 0.37x 0.55x 0.6x 0.55x 0.55x 0.51x
EV / Revenue 1.27x 0.82x 0.55x 0.69x 0.8x 0.74x 0.66x 0.58x
EV / EBITDA 11.6x 8.85x 6.51x 6.52x 7.77x 8.53x 7.37x 6.3x
EV / EBIT 21.5x 14.8x 11.7x 10.1x 12x 13.2x 10.9x 9.05x
EV / FCF 16.3x 98.2x 123x 7.54x -22.6x 21.1x 14x 9.92x
FCF Yield 6.15% 1.02% 0.81% 13.3% -4.43% 4.74% 7.15% 10.1%
Dividend per Share 2 1.1 2.25 2.5 3 3.2 3.65 3.93 4.502
Rate of return 1.1% 2.12% 2.93% 2.59% 2.43% 2.38% 2.56% 2.94%
EPS 2 4.21 5.58 6.58 9.48 9.51 9.54 11.24 13.17
Distribution rate 26.1% 40.3% 38% 31.6% 33.6% 39% 35% 34.2%
Net sales 1 11,008 18,130 24,492 22,518 23,506 28,362 29,829 31,735
EBITDA 1 1,201 1,686 2,064 2,389 2,430 2,466 2,673 2,912
EBIT 1 648 1,008 1,150 1,536 1,571 1,614 1,801 2,027
Net income 1 363 595 700 1,010 1,013 1,015 1,167 1,371
Net Debt 1 3,292 3,643 4,377 3,233 4,870 4,292 3,354 1,999
Reference price 2 100.20 106.10 85.30 116.00 131.70 153.40 153.40 153.40
Nbr of stocks (in thousands) 106,309 106,309 106,309 106,309 106,309 106,491 106,491 -
Announcement Date 1/28/21 1/27/22 1/26/23 1/25/24 1/30/25 1/29/26 - -
1SEK in Million2SEK
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
16.41x0.74x8.53x2.38% 1.79B
12.78x2.15x7.41x5.07% 47.83B
18.19x1.9x10.78x1.25% 16.52B
29.74x4.02x19.21x1.17% 15.94B
17.15x1.76x6.71x1.64% 12.16B
6.98x1.64x4.72x - 5.3B
3.11x - - 14.86% 3.41B
-26.94x1.8x17.01x4.12% 2.06B
Average 9.68x 2.00x 10.63x 4.35% 13.13B
Weighted average by Cap. 15.38x 2.30x 9.80x 3.66%

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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