Company Valuation: Essity AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 207,509 191,871 175,494 205,499 181,162 188,375 - -
Change - -7.54% -8.54% 17.1% -11.84% 3.98% - -
Enterprise Value (EV) 1 262,942 254,740 229,197 236,268 207,705 216,845 213,344 209,412
Change - -3.12% -10.03% 3.09% -12.09% 4.4% -1.61% -1.84%
P/E 24.1x 34.5x 18.4x 9.91x 14.4x 15.6x 13.9x 12.9x
PBR 3.46x 2.85x 2.48x 2.34x 2.13x 2.07x 1.93x 1.79x
PEG - -1x 0.3x 0x -0.4x -5x 1.1x 1.73x
Capitalization / Revenue 1.7x 1.23x 1.19x 1.41x 1.31x 1.34x 1.3x 1.27x
EV / Revenue 2.16x 1.63x 1.56x 1.62x 1.5x 1.55x 1.47x 1.41x
EV / EBITDA 13.1x 12.5x 9.16x 8.91x 8.07x 8.72x 8.01x 7.5x
EV / EBIT 20.5x 21.3x 12.9x 12.3x 11.2x 12x 10.9x 10.1x
EV / FCF 36x 43x 18.7x 24.2x 24.8x 21.7x 18.1x 16x
FCF Yield 2.78% 2.33% 5.33% 4.14% 4.03% 4.61% 5.52% 6.24%
Dividend per Share 2 7 7.25 7.75 8.25 8.75 9.185 9.734 10.27
Rate of return 2.37% 2.65% 3.1% 2.79% 3.3% 3.31% 3.51% 3.7%
EPS 2 12.27 7.93 13.6 29.83 18.37 17.8 19.96 21.45
Distribution rate 57% 91.4% 57% 27.7% 47.6% 51.6% 48.8% 47.9%
Net sales 1 121,867 156,173 147,147 145,546 138,494 140,059 145,121 148,848
EBITDA 1 20,040 20,390 25,024 26,517 25,722 24,854 26,620 27,913
EBIT 1 12,828 11,942 17,789 19,234 18,531 18,113 19,623 20,806
Net income 1 8,620 5,567 9,554 20,888 12,656 12,085 13,401 14,304
Net Debt 1 55,433 62,869 53,703 30,769 26,543 28,470 24,969 21,037
Reference price 2 295.40 273.30 250.00 295.70 265.20 277.20 277.20 277.20
Nbr of stocks (in thousands) 702,342 702,342 702,342 694,998 683,049 679,502 - -
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.($)
15.58x1.55x8.72x3.31% 19.5B
21.62x4.2x15.38x2.9% 342B
17.59x2.68x11.88x3.55% 132B
24.67x3.7x15.59x2.33% 72.83B
44.66x7.15x31.04x2.11% 52.79B
20.13x2.83x11.73x4.42% 36.83B
77.64x2.4x14.61x1.72% 29.66B
17.8x1.28x7.64x1.33% 19.16B
21.7x1.56x9.99x2.38% 18.28B
52.98x7.37x36.11x1.21% 11.66B
Average 31.44x 3.47x 16.27x 2.53% 73.45B
Weighted average by Cap. 25.28x 3.79x 15.50x 2.87%

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