Company Valuation: Essity AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 207,509 191,871 175,494 205,499 181,162 180,449 - -
Change - -7.54% -8.54% 17.1% -11.84% -0.39% - -
Enterprise Value (EV) 1 262,942 254,740 229,197 236,268 207,705 209,449 205,559 201,727
Change - -3.12% -10.03% 3.09% -12.09% 0.84% -1.86% -1.86%
P/E Ratio 24.1x 34.5x 18.4x 9.91x 14.4x 14.9x 13.4x 12.5x
PBR 3.46x 2.85x 2.48x 2.34x 2.13x 1.98x 1.85x 1.72x
PEG - -1x 0.3x 0x -0.4x -5.04x 1.2x 1.71x
Capitalization / Revenue 1.7x 1.23x 1.19x 1.41x 1.31x 1.3x 1.25x 1.22x
EV / Revenue 2.16x 1.63x 1.56x 1.62x 1.5x 1.51x 1.43x 1.37x
EV / EBITDA 13.1x 12.5x 9.16x 8.91x 8.07x 8.43x 7.76x 7.29x
EV / EBIT 20.5x 21.3x 12.9x 12.3x 11.2x 11.6x 10.6x 9.79x
EV / FCF 36x 43x 18.7x 24.2x 24.8x 20.4x 17.3x 15.5x
FCF Yield 2.78% 2.33% 5.33% 4.14% 4.03% 4.9% 5.79% 6.44%
Dividend per Share 2 7 7.25 7.75 8.25 - 9.199 9.674 10.21
Rate of return 2.37% 2.65% 3.1% 2.79% - 3.47% 3.65% 3.85%
EPS 2 12.27 7.93 13.6 29.83 18.37 17.83 19.81 21.26
Distribution rate 57% 91.4% 57% 27.7% - 51.6% 48.8% 48%
Net sales 1 121,867 156,173 147,147 145,546 138,494 139,109 143,835 147,451
EBITDA 1 20,040 20,390 25,024 26,517 25,722 24,855 26,482 27,679
EBIT 1 12,828 11,942 17,789 19,234 18,531 18,054 19,458 20,601
Net income 1 8,620 5,567 9,554 20,888 12,656 12,100 13,311 14,195
Net Debt 1 55,433 62,869 53,703 30,769 26,543 29,000 25,110 21,277
Reference price 2 295.40 273.30 250.00 295.70 265.20 265.10 265.10 265.10
Nbr of stocks (in thousands) 702,342 702,342 702,342 694,998 683,049 680,705 - -
Announcement Date 26/01/22 26/01/23 25/01/24 23/01/25 22/01/26 - - -
1SEK in Million2SEK
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.1x4.28x15.64x2.85% 348B
16.79x2.59x11.44x3.73% 127B
24.24x3.64x15.34x2.34% 71.58B
45.11x7.22x31.36x2.11% 53.61B
19.03x2.7x11.2x4.67% 34.83B
86.91x2.59x15.77x1.57% 32.45B
16.25x1.14x6.78x1.44% 17.85B
20.11x1.44x9.2x2.58% 17.07B
50.35x7.01x34.36x1.28% 11.12B
Average 33.43x 3.62x 16.79x 2.51% 79.35B
Weighted average by Cap. 26.14x 3.88x 15.75x 2.86%

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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