Company Valuation: Stille AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 754.5 561.5 757 1,869 1,761 2,269 - -
Change - -25.58% 34.82% 146.88% -5.77% 28.83% - -
Enterprise Value (EV) 1 754.5 527.8 757 1,710 1,642 2,204 2,123 2,029
Change - -30.05% 43.43% 125.95% -3.98% 34.2% -3.7% -4.44%
P/E 46.9x - - 32.1x 31.6x 28.1x 21.1x 18.2x
PBR - - - 2.67x 2.49x 2.78x 2.51x 2.25x
PEG - - - - -7.31x 0.6x 0.6x 1.1x
Capitalization / Revenue - 2.28x 2.57x 3.28x 3.1x 3.14x 2.85x 2.6x
EV / Revenue - 2.14x 2.57x 3x 2.89x 3.05x 2.67x 2.33x
EV / EBITDA - 12.5x 12.1x 17x 14.4x 15x 11.9x 9.81x
EV / EBIT - 16.3x 15.7x 24.3x 22.4x 19.9x 15.2x 12.3x
EV / FCF - 22.1x 31.1x 28.9x 55.1x 29.3x 21.9x 17.9x
FCF Yield - 4.53% 3.22% 3.46% 1.81% 3.41% 4.57% 5.58%
Dividend per Share 2 - - - - - - 2 2.5
Rate of return - - - - - - 0.79% 0.99%
EPS 2 3.21 - - 6.48 6.2 8.969 11.93 13.86
Distribution rate - - - - - - 16.8% 18%
Net sales 1 - 246.4 294.9 570 567.6 723.4 796.1 872.4
EBITDA 1 - 42.1 62.6 100.8 113.8 146.5 178.2 206.8
EBIT 1 - 32.41 48.3 70.5 73.24 110.8 139.4 164.8
Net income 1 16.1 - - 58.21 55.7 80.59 107.2 124.5
Net Debt 1 - -33.71 - -158.5 -118.7 -64.54 -146 -240.2
Reference price 2 150.50 112.00 151.00 208.00 196.00 252.00 252.00 252.00
Nbr of stocks (in thousands) 5,013 5,013 5,013 8,985 8,985 8,985 - -
Announcement Date 17/02/22 17/02/23 16/02/24 13/02/25 12/02/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
28.1x3.04x15.02x-.--% 230M
27.05x3.97x12.71x4.87% 14.45B
13.72x - - 2.63% 5.01B
44.07x - - 0.57% 3.23B
17.53x - - 2.87% 2.47B
8.3x0.49x2.35x5.38% 1.83B
18.42x - - - 1.73B
26.71x1.62x10.6x1.68% 1.52B
Average 22.99x 2.28x 10.17x 2.57% 3.81B
Weighted average by Cap. 24.27x 3.41x 11.51x 3.65%

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

-40%: Exceptional extension
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