Valuation ERICSSON

Equities

Real-time Estimate Cboe Europe Other stock markets 15:34:35 23/01/2026 GMT			5-day change	1st Jan Change
93.61 ^SEK	+9.13%		+6.60%	+2.98%

03:27pm	Ericsson increases dividend, buyback after Q4 beat
02:16pm	Sector Update: Tech Stocks Decline Premarket Friday	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	326,988	332,382	204,141	210,346	299,520	285,908	285,908	-
Change	-	1.65%	-38.58%	3.04%	42.39%	-4.54%	0%	-
Enterprise Value (EV) ¹	306,716	297,231	189,986	212,445	281,130	238,432	255,131	236,014
Change	-	-3.09%	-36.08%	11.82%	32.33%	-15.19%	7%	-7.49%
P/E ratio	18.6x	14.7x	10.8x	-7.95x	8,988x	10.6x	15x	13.6x
PBR	3.75x	3.06x	1.51x	2.16x	3.18x	2.66x	2.44x	2.46x
PEG	-	0.5x	-0.6x	0x	-90x	0x	-0.6x	1.3x
Capitalization / Revenue	1.41x	1.43x	0.75x	0.8x	1.21x	1.28x	1.21x	1.2x
EV / Revenue	1.32x	1.28x	0.7x	0.81x	1.13x	1.01x	1.08x	0.99x
EV / EBITDA	8.12x	7.2x	5x	7.06x	5.58x	5.47x	6.93x	6.28x
EV / EBIT	10.5x	9.2x	6.93x	11.7x	11.4x	6.65x	8.41x	7.84x
EV / FCF	20.3x	8.37x	7.13x	54.8x	6.4x	11.6x	10.9x	9.49x
FCF Yield	4.92%	11.9%	14%	1.83%	15.6%	8.64%	9.2%	10.5%
Dividend per Share ²	2	2.5	2.5	2.7	2.85	3.082	3.108	3.248
Rate of return	2.05%	2.51%	4.11%	4.28%	3.17%	3.59%	3.62%	3.79%
EPS ²	5.26	6.81	5.62	-7.94	0.01	8.51	5.72	6.303
Distribution rate	38%	36.7%	44.5%	-34%	28,500%	39.6%	54.3%	51.5%
Net sales ¹	232,390	232,314	271,546	263,351	247,880	236,681	235,368	238,233
EBITDA ¹	37,788	41,298	37,962	30,084	50,358	50,212	36,840	37,607
EBIT ¹	29,100	32,300	27,419	18,093	24,658	40,971	30,325	30,096
Net income ¹	17,483	23,000	18,724	-26,446	20	28,428	19,388	19,977
Net Debt ¹	-20,272	-35,151	-14,155	2,099	-18,390	-47,477	-30,777	-49,895
Reference price ²	97.64	99.79	60.90	63.11	89.88	85.78	85.78	85.78
Nbr of stocks (in thousands)	3,328,108	3,329,738	3,330,142	3,330,142	3,332,672	3,333,287	3,333,287	-
Announcement Date	29/01/21	25/01/22	20/01/23	23/01/24	24/01/25	23/01/26	-	-

¹SEK in Million²SEK

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ERICSSON	11.01x	1x	5.43x	3.59%	31.68B
CISCO SYSTEMS, INC.	25.15x	5.01x	12.96x	2.22%	294B
FOXCONN INDUSTRIAL INTERNET CO., LTD.	35.57x	1.33x	25.68x	1.56%	179B
ARISTA NETWORKS, INC.	51.33x	18.46x	37.67x	-.--%	174B
ZHONGJI INNOLIGHT CO., LTD.	64.32x	18.3x	52.07x	0.19%	98.96B
MOTOROLA SOLUTIONS, INC.	31.64x	6.37x	19.6x	1.13%	66.2B
HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.	21.48x	2.68x	14.56x	2.56%	42.18B
GARMIN LTD.	24.73x	5.21x	18.59x	1.7%	39.64B
NOKIA OYJ	34.67x	1.41x	10.03x	2.54%	36.57B
UBIQUITI INC.	38.49x	-	-	-	34.03B
Average	33.84x	6.64x	21.84x	1.72%	99.6B
Weighted average by Cap.	36.11x	7.86x	24.22x	1.46%