Company Valuation: Evolution AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 26,876 19,433 23,026 15,372 11,605 13,651 - -
Change - -27.69% 18.49% -33.24% -24.5% 17.63% - -
Enterprise Value (EV) 1 26,522 18,980 22,120 14,664 10,878 13,174 12,993 12,650
Change - -28.44% 16.55% -33.71% -25.81% 21.1% -1.37% -2.64%
P/E 46x 23.5x 21.9x 12.6x 11.1x 14.3x 12.5x 11.4x
PBR 8.42x 5.62x 5.74x 3.87x 2.85x 3.76x 3.48x 3.19x
PEG - 0.6x 0.8x 0.6x -1x 38.79x 0.8x 1.2x
Capitalization / Revenue 25.1x 13.3x 12.8x 7.45x 5.62x 6.55x 6.21x 5.88x
EV / Revenue 24.8x 13x 12.3x 7.11x 5.26x 6.32x 5.91x 5.45x
EV / EBITDA 36.1x 18.8x 17.5x 10.4x 7.97x 9.65x 8.98x 8.29x
EV / EBIT 40.6x 20.9x 19.4x 10.3x 8.65x 11.1x 10.2x 9.44x
EV / FCF 46.9x 24.3x 20.6x 12.6x 9.71x 12.1x 11.9x 10.9x
FCF Yield 2.13% 4.11% 4.86% 7.94% 10.3% 8.24% 8.41% 9.14%
Dividend per Share 2 1.42 2 2.65 2.8 - 2.603 3.001 3.288
Rate of return 1.13% 2.19% 2.45% 3.76% - 3.46% 3.99% 4.37%
EPS 2 2.73 3.88 4.93 5.91 5.23 5.249 6.026 6.6
Distribution rate 52% 51.5% 53.8% 47.4% - 49.6% 49.8% 49.8%
Net sales 1 1,069 1,457 1,799 2,063 2,067 2,083 2,200 2,321
EBITDA 1 734.6 1,008 1,267 1,411 1,366 1,365 1,446 1,525
EBIT 1 654 908.1 1,143 1,420 1,257 1,190 1,268 1,340
Net income 1 605.4 843.4 1,071 1,244 1,062 1,007 1,072 1,119
Net Debt 1 -353.6 -453 -906.3 -708 -726.9 -477 -657.7 -1,001
Reference price 2 125.58 91.15 108.15 74.42 58.25 75.17 75.17 75.17
Nbr of stocks (in thousands) 214,010 213,205 212,911 206,562 199,227 182,301 - -
Announcement Date 09/02/22 02/02/23 01/02/24 30/01/25 05/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.32x6.35x9.69x3.46% 15.3B
24.65x6.34x14.85x1.59% 26.63B
14.63x2.66x7.29x3.21% 23.22B
12.81x2.13x7.46x5.8% 17.36B
-77.25x1.34x9.21x-.--% 13.74B
12.42x2.02x7.81x9.64% 10.81B
-401.16x1.63x16.51x-.--% 10.29B
33.58x3.81x18.15x3.16% 8.38B
17.29x2.29x7.72x1.35% 7.53B
Average -38.75x 3.17x 10.97x 3.13% 14.81B
Weighted average by Cap. -24.05x 3.53x 10.76x 3.09%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Evolution AB

Historical PBR trend

Valuation ratios - PBR - Evolution AB

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Evolution AB

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Evolution AB


Year-on-year evolution of the Yield

Valuation ratios - Yield - Evolution AB
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