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 11,642 - -
Change - -32.96% -18.26% 10.02% -2.41% -31.47% - -
Enterprise Value (EV) 1 32,434 19,355 22,663 23,542 22,309 17,000 16,418 15,840
Change - -40.33% 17.09% 3.88% -5.24% -23.8% -3.42% -3.52%
P/E 25.6x 19.9x 14.4x 14.2x 21.2x 10.8x 8.17x 7.49x
PBR 2.63x - 1.27x 1.33x 1.34x 0.87x 0.83x 0.79x
PEG - -1.4x 1.1x 1.2x -0.6x 0.3x 0.3x 0.83x
Capitalization / Revenue 1.44x 0.82x 0.59x 0.64x 0.66x 0.46x 0.44x 0.42x
EV / Revenue 1.61x 0.82x 0.84x 0.87x 0.87x 0.67x 0.62x 0.57x
EV / EBITDA 13.7x 7.96x 8.34x 8.28x 10.1x 6.67x 5.61x 5.18x
EV / EBIT 21.3x 13.4x 12.7x 12.1x 16.1x 10.2x 7.89x 7.09x
EV / FCF 22.4x - 13.8x 12.5x 10.5x 11.9x 10.3x 8.98x
FCF Yield 4.46% - 7.27% 8.02% 9.56% 8.4% 9.69% 11.1%
Dividend per Share 2 5.5 - 5.5 6 6 6.04 7.593 8.458
Rate of return 2.16% - 3.94% 3.9% 4% 5.88% 7.39% 8.23%
EPS 2 9.973 8.603 9.71 10.85 7.07 9.495 12.59 13.73
Distribution rate 55.1% - 56.6% 55.3% 84.9% 63.6% 60.3% 61.6%
Net sales 1 20,104 23,552 26,978 27,160 25,758 25,248 26,525 27,612
EBITDA 1 2,359 2,430 2,718 2,842 2,219 2,547 2,927 3,056
EBIT 1 1,523 1,444 1,779 1,941 1,387 1,674 2,082 2,233
Net income 1 1,129 974 1,100 1,229 800 1,075 1,425 1,555
Net Debt 1 3,565 - 6,842 6,135 5,321 5,358 4,776 4,198
Reference price 2 255.00 170.90 139.70 153.70 150.00 102.80 102.80 102.80
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
10.83x0.67x6.67x5.88% 1.22B
37.3x6.8x24.19x0.92% 81.89B
39.09x4.54x14.8x1.17% 20.44B
31.03x1.29x12.92x1.04% 15.93B
19.72x2.08x10.24x3.62% 14.13B
25.2x2.84x12.18x2.97% 12.07B
24.34x3.41x13.11x2.38% 7.7B
15.25x0.66x9.42x1.39% 6.95B
9.91x1.13x5.99x2.13% 5.96B
18.96x0.4x9.36x3.93% 5.39B
Average 23.16x 2.38x 11.89x 2.54% 17.17B
Weighted average by Cap. 31.45x 4.51x 17.72x 1.58%

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