Company Valuation: JM AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 28,051 11,352 11,450 10,766 8,986 9,643 - -
Change - -59.53% 0.86% -5.97% -16.54% 7.32% - -
Enterprise Value (EV) 1 32,454 17,997 25,817 21,998 19,189 22,486 24,432 27,080
Change - -44.55% 43.45% -14.79% -12.77% 17.18% 8.65% 10.84%
P/E 15.8x 7.35x 26.5x 43.6x 144x 27.5x 15.1x 10.7x
PBR 3.37x 1.27x 1.37x 1.32x 1.13x 1.17x 1.11x 1.04x
PEG - -0.76x -0.4x -1x -1.9x 0x 0.2x 0.3x
Capitalization / Revenue 1.92x 0.69x 0.83x 0.86x 0.9x 0.82x 0.73x 0.65x
EV / Revenue 2.22x 1.1x 1.86x 1.76x 1.92x 1.91x 1.85x 1.81x
EV / EBITDA 13.9x 8.9x 17.1x 31.8x 58.9x 37.2x 25.1x 20.8x
EV / EBIT 14.6x 8.72x 35.3x 41.4x 64.6x 36.6x 25.3x 21x
EV / FCF -33.2x - 24.5x 6.47x 385x 56.5x 134x 53.5x
FCF Yield -3.01% - 4.09% 15.5% 0.26% 1.77% 0.75% 1.87%
Dividend per Share 2 13.5 14 3 3.25 2 2.625 4.75 7
Rate of return 3.3% 8.13% 1.69% 1.95% 1.44% 1.76% 3.18% 4.68%
EPS 2 25.9 23.4 6.7 3.83 0.97 5.438 9.922 13.96
Distribution rate 52.1% 59.8% 44.8% 84.9% 206% 48.3% 47.9% 50.1%
Net sales 1 14,608 16,385 13,851 12,507 9,981 11,752 13,187 14,946
EBITDA 1 2,329 2,021 1,510 692 326 604.2 971.5 1,300
EBIT 1 2,216 2,064 732 531 297 614.2 964.5 1,292
Net income 1 1,798 1,575 433 246 63 365 641 900.9
Net Debt 1 4,403 6,645 14,367 11,232 10,203 12,842 14,788 17,436
Reference price 2 408.60 172.10 177.50 166.90 139.30 149.50 149.50 149.50
Nbr of stocks (in thousands) 68,652 65,961 64,505 64,505 64,505 64,505 - -
Announcement Date 02/02/22 01/02/23 30/01/24 31/01/25 30/01/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.49x1.91x37.22x1.76% 1B
15x1.42x10.92x1.13% 44.97B
13.34x - - 0.76% 25.46B
10.75x0.91x8.44x3.91% 17.29B
12.32x1.5x8.92x0.65% 14.69B
10.12x0.83x8.98x4.21% 13.85B
13.68x - - -.--% 6.71B
13.6x0.83x6.65x3.11% 6.61B
11.26x0.57x5.7x5.04% 5.26B
9.23x0.76x10.57x3.67% 5.18B
Average 13.68x 1.09x 12.17x 2.42% 14.1B
Weighted average by Cap. 13.03x 1.17x 9.72x 1.94%

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