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 7,979 - -
Change - -59.53% 0.86% -5.97% -16.54% -11.2% - -
Enterprise Value (EV) 1 32,454 17,997 25,817 21,998 19,189 20,822 22,768 25,416
Change - -44.55% 43.45% -14.79% -12.77% 8.51% 9.35% 11.63%
P/E 15.8x 7.35x 26.5x 43.6x 144x 31x 12.6x 8.87x
PBR 3.37x 1.27x 1.37x 1.32x 1.13x 0.96x 0.92x 0.86x
PEG - -0.76x -0.4x -1x -1.9x 0x 0x 0.2x
Capitalization / Revenue 1.92x 0.69x 0.83x 0.86x 0.9x 0.72x 0.6x 0.53x
EV / Revenue 2.22x 1.1x 1.86x 1.76x 1.92x 1.88x 1.72x 1.7x
EV / EBITDA 13.9x 8.9x 17.1x 31.8x 58.9x 40.3x 23.6x 19.5x
EV / EBIT 14.6x 8.72x 35.3x 41.4x 64.6x 40.3x 23.8x 19.7x
EV / FCF -33.2x - 24.5x 6.47x 385x 52.3x 124x 50.2x
FCF Yield -3.01% - 4.09% 15.5% 0.26% 1.91% 0.8% 1.99%
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% 2.12% 3.84% 5.66%
EPS 2 25.9 23.4 6.7 3.83 0.97 3.99 9.812 13.95
Distribution rate 52.1% 59.8% 44.8% 84.9% 206% 65.8% 48.4% 50.2%
Net sales 1 14,608 16,385 13,851 12,507 9,981 11,098 13,248 14,993
EBITDA 1 2,329 2,021 1,510 692 326 517 965.3 1,301
EBIT 1 2,216 2,064 732 531 297 517 958.3 1,293
Net income 1 1,798 1,575 433 246 63 258 634 900.2
Net Debt 1 4,403 6,645 14,367 11,232 10,203 12,842 14,788 17,436
Reference price 2 408.60 172.10 177.50 166.90 139.30 123.70 123.70 123.70
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.($)
22.48x1.88x40.27x2.12% 828M
14.33x1.36x10.49x1.18% 42.98B
12.45x - - 0.81% 23.76B
10.7x0.9x8.37x3.91% 17.28B
11.71x1.43x8.51x0.69% 13.97B
10.2x0.83x9.03x4.2% 13.87B
13.68x - - -.--% 6.61B
13.45x0.82x6.58x3.14% 6.52B
11.29x0.57x5.69x5.04% 5.28B
8.96x0.75x10.45x3.78% 5.01B
Average 12.92x 1.07x 12.42x 2.49% 13.61B
Weighted average by Cap. 12.51x 1.13x 9.44x 2.01%

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