Company Valuation: Afry AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 28,869 19,355 15,821 17,407 16,988 11,461 - -
Change - -32.96% -18.26% 10.02% -2.41% -32.53% - -
Enterprise Value (EV) 1 32,434 19,355 22,663 23,542 22,309 16,826 16,261 15,688
Change - -40.33% 17.09% 3.88% -5.24% -24.58% -3.36% -3.52%
P/E 25.6x 19.9x 14.4x 14.2x 21.2x 11x 8.53x 7.95x
PBR 2.63x - 1.27x 1.33x 1.34x 0.86x 0.81x 0.78x
PEG - -1.4x 1.1x 1.2x -0.6x 0.4x 0.3x 1.07x
Capitalization / Revenue 1.44x 0.82x 0.59x 0.64x 0.66x 0.45x 0.43x 0.42x
EV / Revenue 1.61x 0.82x 0.84x 0.87x 0.87x 0.67x 0.62x 0.58x
EV / EBITDA 13.7x 7.96x 8.34x 8.28x 10.1x 6.76x 5.74x 5.35x
EV / EBIT 21.3x 13.4x 12.7x 12.1x 16.1x 10.2x 8.14x 7.41x
EV / FCF 22.4x - 13.8x 12.5x 10.5x 11.9x 10.5x 9.09x
FCF Yield 4.46% - 7.27% 8.02% 9.56% 8.43% 9.53% 11%
Dividend per Share 2 5.5 - 5.5 6 6 6.332 7.403 8.206
Rate of return 2.16% - 3.94% 3.9% 4% 6.26% 7.32% 8.11%
EPS 2 9.973 8.603 9.71 10.85 7.07 9.206 11.86 12.74
Distribution rate 55.1% - 56.6% 55.3% 84.9% 68.8% 62.4% 64.4%
Net sales 1 20,104 23,552 26,978 27,160 25,758 25,248 26,352 27,205
EBITDA 1 2,359 2,430 2,718 2,842 2,219 2,487 2,833 2,933
EBIT 1 1,523 1,444 1,779 1,941 1,387 1,648 1,997 2,117
Net income 1 1,129 974 1,100 1,229 800 1,042 1,343 1,442
Net Debt 1 3,565 - 6,842 6,135 5,321 5,365 4,800 4,227
Reference price 2 255.00 170.90 139.70 153.70 150.00 101.20 101.20 101.20
Nbr of stocks (in thousands) 113,212 113,252 113,252 113,252 113,252 113,252 - -
Announcement Date 04/02/22 10/02/23 02/02/24 07/02/25 05/02/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
37.02x6.75x23.95x0.93% 81.27B
38.81x1.29x13.87x0.96% 17.25B
20.17x2.06x10.16x3.65% 14.21B
25.42x2.84x12.15x2.94% 12.21B
24.8x3.46x13.33x2.33% 7.95B
15.55x0.66x9.31x1.38% 7.09B
10.26x1.21x6.44x2.04% 6.12B
21.78x2.35x11.07x-.--% 5.61B
18.89x0.4x9.33x3.94% 5.41B
Average 23.63x 2.34x 12.18x 2.02% 17.46B
Weighted average by Cap. 30.99x 4.39x 17.84x 1.54%

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