Company Valuation: Essity AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 207,509 191,871 175,494 205,499 181,162 183,768 - -
Change - -7.54% -8.54% 17.1% -11.84% 1.44% - -
Enterprise Value (EV) 1 262,942 254,740 229,197 236,268 207,705 212,652 209,103 205,166
Change - -3.12% -10.03% 3.09% -12.09% 2.38% -1.67% -1.88%
P/E 24.1x 34.5x 18.4x 9.91x 14.4x 15.7x 13.7x 12.7x
PBR 3.46x 2.85x 2.48x 2.34x 2.13x 1.98x 1.86x 1.72x
PEG - -1x 0.3x 0x -0.4x -2.77x 0.9x 1.6x
Capitalization / Revenue 1.7x 1.23x 1.19x 1.41x 1.31x 1.3x 1.26x 1.23x
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 8.64x 7.87x 7.36x
EV / EBIT 20.5x 21.3x 12.9x 12.3x 11.2x 12.1x 10.7x 9.91x
EV / FCF 36x 43x 18.7x 24.2x 24.8x 19.9x 17.4x 15.7x
FCF Yield 2.78% 2.33% 5.33% 4.14% 4.03% 5.02% 5.75% 6.39%
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% 3.38% 3.59% 3.78%
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 1 121,867 156,173 147,147 145,546 138,494 140,900 146,159 149,646
EBITDA 1 20,040 20,390 25,024 26,517 25,722 24,621 26,570 27,880
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 28,884 25,336 21,398
Reference price 2 295.40 273.30 250.00 295.70 265.20 271.20 271.20 271.20
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.($)
15.65x1.51x8.64x3.38% 19.44B
21x4.06x14.8x3.05% 336B
18.07x2.72x11.99x3.53% 136B
24.71x3.7x15.54x2.34% 72.44B
41.91x6.75x29.3x2.2% 49.67B
20.12x2.81x11.76x4.42% 36.74B
94.79x2.75x16.55x1.44% 35.46B
22.78x1.66x10.66x2.24% 19.88B
20.53x1.32x8.59x1.28% 19.79B
39.85x5.62x27.53x1.8% 9.96B
Average 31.94x 3.29x 15.53x 2.57% 73.49B
Weighted average by Cap. 25.90x 3.65x 15.00x 2.92%

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