Company Valuation: Essity AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 207,509 191,871 175,494 205,499 181,162 188,444 - -
Change - -7.54% -8.54% 17.1% -11.84% 4.02% - -
Enterprise Value (EV) 1 262,942 254,740 229,197 236,268 207,705 217,231 213,543 209,449
Change - -3.12% -10.03% 3.09% -12.09% 4.59% -1.7% -1.92%
P/E 24.1x 34.5x 18.4x 9.91x 14.4x 16x 14x 13x
PBR 3.46x 2.85x 2.48x 2.34x 2.13x 2.03x 1.91x 1.77x
PEG - -1x 0.3x 0x -0.4x -2.82x 1x 1.64x
Capitalization / Revenue 1.7x 1.23x 1.19x 1.41x 1.31x 1.34x 1.29x 1.26x
EV / Revenue 2.16x 1.63x 1.56x 1.62x 1.5x 1.54x 1.46x 1.4x
EV / EBITDA 13.1x 12.5x 9.16x 8.91x 8.07x 8.78x 8x 7.48x
EV / EBIT 20.5x 21.3x 12.9x 12.3x 11.2x 12.3x 11x 10.1x
EV / FCF 36x 43x 18.7x 24.2x 24.8x 20.8x 17.4x 15.7x
FCF Yield 2.78% 2.33% 5.33% 4.14% 4.03% 4.8% 5.76% 6.37%
Dividend per Share 2 7 7.25 7.75 8.25 8.75 9.163 9.726 10.25
Rate of return 2.37% 2.65% 3.1% 2.79% 3.3% 3.3% 3.5% 3.69%
EPS 2 12.27 7.93 13.6 29.83 18.37 17.33 19.85 21.43
Distribution rate 57% 91.4% 57% 27.7% 47.6% 52.9% 49% 47.8%
Net sales 1 121,867 156,173 147,147 145,546 138,494 140,877 146,015 149,423
EBITDA 1 20,040 20,390 25,024 26,517 25,722 24,734 26,683 28,004
EBIT 1 12,828 11,942 17,789 19,234 18,531 17,600 19,492 20,706
Net income 1 8,620 5,567 9,554 20,888 12,656 11,800 13,326 14,304
Net Debt 1 55,433 62,869 53,703 30,769 26,543 28,787 25,099 21,005
Reference price 2 295.40 273.30 250.00 295.70 265.20 278.00 278.00 278.00
Nbr of stocks (in thousands) 702,342 702,342 702,342 694,998 683,049 677,755 - -
Announcement Date 26/01/22 26/01/23 25/01/24 23/01/25 22/01/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.12x4.08x14.87x3.04% 338B
17.76x2.71x11.95x3.55% 134B
25.1x3.75x15.77x2.3% 73.59B
42.83x6.9x29.94x2.15% 50.87B
20.04x2.8x11.72x4.44% 36.59B
84.9x2.5x15.06x1.6% 31.76B
24.42x1.81x11.5x2.09% 21.23B
21.02x1.38x8.85x1.23% 20.08B
16.04x1.54x8.78x3.3% 19.81B
Average 30.36x 3.05x 14.27x 2.63% 80.61B
Weighted average by Cap. 25.12x 3.65x 14.90x 2.93%

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