Company Valuation: CellaVision AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,757 5,462 5,057 5,188 3,749 3,492 - -
Change - -29.58% -7.42% 2.59% -27.72% -6.87% - -
Enterprise Value (EV) 1 7,763 5,456 5,000 5,065 3,587 3,276 3,230 3,166
Change - -29.71% -8.37% 1.31% -29.18% -8.66% -1.4% -1.99%
P/E 61.9x 46.2x 38.8x 36.9x 24.5x 24.7x 20.2x 17.5x
PBR 14.3x 8.51x 7.06x 6.36x 4.22x 3.56x 3.21x 2.88x
PEG - -8.36x 3.8x 4.58x 2.78x -3.2x 0.9x 1.1x
Capitalization / Revenue 13.7x 8.54x 7.47x 7.17x 4.94x 4.54x 4.05x 3.67x
EV / Revenue 13.7x 8.53x 7.38x 7x 4.73x 4.26x 3.75x 3.33x
EV / EBITDA 39.6x 27.5x 24.2x 23.2x 14.9x 14.6x 12.1x 10.5x
EV / EBIT 47.7x 34.5x 29.9x 28.5x 17.8x 18.3x 14.7x 12.4x
EV / FCF 68x 81.1x 45.1x 41.4x 31.4x 30.4x 26.5x 21.4x
FCF Yield 1.47% 1.23% 2.22% 2.42% 3.19% 3.29% 3.78% 4.67%
Dividend per Share 2 2 2 2.25 2.5 2.75 2.75 3.075 3.362
Rate of return 0.62% 0.87% 1.06% 1.15% 1.75% 1.88% 2.1% 2.3%
EPS 2 5.25 4.96 5.46 5.9 6.42 5.924 7.239 8.349
Distribution rate 38.1% 40.3% 41.2% 42.4% 42.8% 46.4% 42.5% 40.3%
Net sales 1 565.6 639.3 677.3 723.2 759 768.9 861.7 950.6
EBITDA 1 196.2 198.4 206.8 218.7 241.4 224.2 266.4 301.5
EBIT 1 162.7 158.3 167.1 177.7 202.1 179.2 220.5 254.4
Net income 1 125.3 118.3 130.3 140.7 153.1 141.2 176.6 206.2
Net Debt 1 6.368 -5.558 -56.94 -122.6 -162.6 -215.7 -261.4 -325.7
Reference price 2 325.20 229.00 212.00 217.50 157.20 146.40 146.40 146.40
Nbr of stocks (in thousands) 23,852 23,852 23,852 23,852 23,852 23,852 - -
Announcement Date 04/02/22 08/02/23 07/02/24 06/02/25 05/02/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.11x4.15x14.23x1.93% 353M
60.32x4.83x16.15x0.36% 16.67B
39.38x - - 2.05% 1.68B
-11.41x1.33x5.8x-.--% 1.24B
18.95x2.73x9.19x1.23% 1.14B
57x - - 0.79% 580M
45.63x - - - 447M
18.25x2.57x10.98x1.87% 375M
-14.61x - - - 329M
Average 26.40x 3.12x 11.27x 1.17% 2.54B
Weighted average by Cap. 50.10x 4.44x 14.97x 0.57%

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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