Company Valuation: Swedish Logistic Property AB

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,430 7,377 10,104 11,614 10,227 - -
Change - 66.54% 36.96% 14.95% -11.95% - -
Enterprise Value (EV) 1 8,548 11,597 15,818 20,466 20,022 19,463 19,037
Change - 35.68% 36.39% 29.39% -2.17% -2.79% -2.19%
P/E 10.2x 21x 15.7x 15x 14.6x 14.2x 13.5x
PBR 1.2x 1.43x 1.47x 1.37x 1.07x 0.99x 0.9x
PEG 0x -0.6x 0.3x 1.3x -1.4x 5.08x 2.79x
Capitalization / Revenue 10.8x 12.6x 14.2x 11.4x 8.26x 7.7x 7.28x
EV / Revenue 20.8x 19.8x 22.3x 20.2x 16.2x 14.7x 13.6x
EV / EBITDA 28.5x 22.7x 27x 23.7x 18.8x 16.8x 15.3x
EV / EBIT 30.9x 22.7x 24.9x 23.7x 18x 17.2x 15.8x
EV / FCF - -141x -17.2x -401x -65x 48.3x 42.4x
FCF Yield - -0.71% -5.83% -0.25% -1.54% 2.07% 2.36%
Dividend per Share 2 - - - - 0.4 0.22 0.44
Rate of return - - - - 1.1% 0.61% 1.21%
EPS 2 2.4 1.55 2.48 2.77 2.489 2.559 2.683
Distribution rate - - - - 16.1% 8.6% 16.4%
Net sales 1 411 585 710 1,015 1,238 1,328 1,405
EBITDA 1 300 512 585 864 1,066 1,161 1,243
EBIT 1 277 511 635 864 1,112 1,129 1,207
Net income 1 419 308 587 726 725.3 742.5 807.1
Net Debt 1 4,118 4,220 5,714 8,852 9,795 9,236 8,810
Reference price 2 24.40 32.55 39.00 41.45 36.25 36.25 36.25
Nbr of stocks (in thousands) 181,541 226,641 259,070 280,205 282,117 - -
Announcement Date 16/02/23 15/02/24 04/02/25 05/02/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.56x16.18x18.79x1.1% 1.08B
5.98x17.02x21.24x5.03% 8.24B
11.02x12.16x15.2x2.41% 3.04B
14.62x7.6x18.96x4.27% 2.19B
11.22x - - - 1.7B
8.94x3.34x9.28x4.08% 1.08B
12.99x16.44x18.42x3.97% 708M
11.18x13.17x10.11x-.--% 703M
12.42x13.09x17.91x-.--% 621M
Average 11.44x 12.38x 16.24x 2.61% 2.15B
Weighted average by Cap. 9.50x 13.81x 18.36x 3.77%

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

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