Company Valuation: Axfood AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 54,451 61,699 58,907 50,484 62,660 58,310 - -
Change - 13.31% -4.52% -14.3% 24.12% -6.94% - -
Enterprise Value (EV) 1 62,091 70,681 68,246 65,345 77,258 73,085 72,438 72,293
Change - 13.83% -3.44% -4.25% 18.23% -5.4% -0.88% -0.2%
P/E 25.4x 26x 25.1x 23.1x 26.9x 23.5x 21x 19.9x
PBR 11x 9.34x 8.61x 7.19x 8.35x 7.69x 6.95x 6.3x
PEG - 3.55x -22.99x -3.3x 4x 3.54x 1.8x 3.54x
Capitalization / Revenue 0.94x 0.84x 0.73x 0.6x 0.7x 0.64x 0.62x 0.59x
EV / Revenue 1.07x 0.96x 0.84x 0.78x 0.87x 0.8x 0.76x 0.74x
EV / EBITDA 12.2x 12.4x 10.8x 9.8x 10.1x 9.21x 8.62x 8.29x
EV / EBIT 23.1x 21.9x 18.9x 19x 20.9x 19.2x 17.6x 16.7x
EV / FCF 22.5x 21.2x 17.7x 16.7x 15.4x 19.2x 14.8x 15.8x
FCF Yield 4.45% 4.72% 5.66% 6% 6.5% 5.21% 6.77% 6.34%
Dividend per Share 2 7.75 8.15 8.5 8.75 9 9.479 9.993 10.39
Rate of return 2.98% 2.85% 3.11% 3.74% 3.1% 3.51% 3.7% 3.85%
EPS 2 10.24 10.99 10.87 10.11 10.79 11.51 12.87 13.59
Distribution rate 75.7% 74.2% 78.2% 86.5% 83.4% 82.4% 77.7% 76.5%
Net sales 1 57,891 73,474 81,111 84,057 89,152 91,175 94,788 98,139
EBITDA 1 5,103 5,716 6,345 6,665 7,649 7,933 8,405 8,716
EBIT 1 2,690 3,229 3,602 3,433 3,688 3,800 4,127 4,327
Net income 1 2,150 2,360 2,357 2,192 2,339 2,520 2,818 2,975
Net Debt 1 7,640 8,982 9,339 14,861 14,598 14,775 14,128 13,983
Reference price 2 260.40 285.90 273.00 234.00 290.20 270.10 270.10 270.10
Nbr of stocks (in thousands) 209,105 215,805 215,778 215,745 215,922 215,884 - -
Announcement Date 03/02/22 01/02/23 01/02/24 30/01/25 29/01/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
40.93x1.31x20.05x0.85% 935B
26.43x1.26x10.96x0.9% 55.96B
17.16x0.6x8.6x3% 44.94B
17.12x0.68x12.67x2.69% 40.37B
22.92x0.96x6.38x5.31% 38.92B
12.82x0.35x6.54x2.35% 37.87B
28.57x0.88x10.13x2.59% 35.87B
12.19x0.47x5.9x3.87% 31.87B
16.65x0.65x7.46x2.83% 30.03B
Average 21.64x 0.79x 9.85x 2.71% 138.94B
Weighted average by Cap. 35.58x 1.17x 17.21x 1.34%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Axfood AB

Historical PBR trend

Valuation ratios - PBR - Axfood AB

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Axfood AB

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Axfood AB


Year-on-year evolution of the Yield

Valuation ratios - Yield - Axfood AB