Company Valuation: Indutrade AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 100,953 76,909 95,380 100,917 87,583 90,644 - -
Change - -23.82% 24.02% 5.81% -13.21% 3.49% - -
Enterprise Value (EV) 1 106,442 85,489 103,127 109,123 95,139 97,317 94,736 91,470
Change - -19.69% 20.63% 5.81% -12.82% 2.29% -2.65% -3.45%
P/E 48.2x 28.7x 33.3x 36.7x 34.2x 29.5x 25.2x 22.7x
PBR 9.81x 6.03x 6.59x 6.06x 5.12x 4.73x 4.22x 3.77x
PEG - 1x 4.9x -9.01x -5.06x 1.5x 1.5x 2x
Capitalization / Revenue 4.65x 2.85x 3x 3.1x 2.72x 2.58x 2.39x 2.25x
EV / Revenue 4.9x 3.16x 3.24x 3.35x 2.95x 2.77x 2.5x 2.27x
EV / EBITDA 27.4x 17.5x 18x 19.1x 17.3x 15.7x 13.9x 12.4x
EV / EBIT 37.7x 23.6x 24.8x 27.1x 25.2x 22.1x 19x 16.8x
EV / FCF 42.6x 45.6x 26.1x 29.7x 27.2x 27.7x 22.2x 19x
FCF Yield 2.34% 2.19% 3.83% 3.37% 3.68% 3.61% 4.51% 5.25%
Dividend per Share 2 2.3 2.6 2.85 3 3.1 3.409 3.891 4.116
Rate of return 0.83% 1.23% 1.09% 1.08% 1.29% 1.37% 1.56% 1.65%
EPS 2 5.75 7.36 7.86 7.54 7.03 8.439 9.885 10.98
Distribution rate 40% 35.3% 36.3% 39.8% 44.1% 40.4% 39.4% 37.5%
Net sales 1 21,715 27,016 31,835 32,544 32,229 35,151 37,960 40,215
EBITDA 1 3,883 4,878 5,723 5,720 5,494 6,191 6,840 7,349
EBIT 1 2,825 3,620 4,158 4,033 3,769 4,406 4,988 5,435
Net income 1 2,095 2,682 2,865 2,749 2,560 3,083 3,617 4,023
Net Debt 1 5,489 8,580 7,747 8,206 7,556 6,673 4,092 826.4
Reference price 2 277.20 211.10 261.80 277.00 240.40 248.80 248.80 248.80
Nbr of stocks (in thousands) 364,188 364,323 364,323 364,323 364,323 364,323 - -
Announcement Date 2/2/22 2/2/23 2/1/24 1/30/25 1/29/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.01x2.73x15.48x1.39% 9.04B
30.16x5.29x19.2x0.86% 119B
26.49x4.86x17.01x2.27% 34.79B
20.56x1.76x12.66x2.29% 29.91B
28.35x3.8x14.37x0.12% 27.87B
19x3.23x10.33x1.6% 26.57B
105.03x36.98x81.03x0.4% 25.57B
20.7x3x12.96x1.13% 25.24B
23.48x2.87x12.35x1.61% 25.11B
25.6x3.2x15.65x1.78% 22.87B
Average 32.84x 6.77x 21.11x 1.34% 34.6B
Weighted average by Cap. 31.99x 6.46x 20.63x 1.24%

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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-40%: Exceptional extension
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