Company Valuation: Volvo

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 427,626 387,546 534,513 546,897 601,921 648,936 - -
Change - -9.37% 37.92% 2.32% 10.06% 7.81% - -
Enterprise Value (EV) 1 377,226 326,246 467,813 479,697 553,521 592,284 580,008 569,226
Change - -13.51% 43.39% 2.54% 15.39% 7% -2.07% -1.86%
P/E 13x 11.7x 10.7x 10.8x 17.5x 15.4x 12.5x 11.5x
PBR 3.02x 2.36x 2.99x 2.82x 3.37x 3.32x 3.01x 2.77x
PEG - -62.87x 0.2x 9.45x -0.6x 0.7x 0.5x 1.33x
Capitalization / Revenue 1.15x 0.82x 0.97x 1.04x 1.26x 1.29x 1.18x 1.12x
EV / Revenue 1.01x 0.69x 0.85x 0.91x 1.16x 1.18x 1.06x 0.99x
EV / EBITDA 6.31x 4.58x 4.73x 5.43x 7.41x 7.59x 6.39x 5.82x
EV / EBIT 9.2x 6.46x 6.03x 7.3x 10.8x 10.3x 8.31x 7.51x
EV / FCF 24.3x 25.5x 42x 16.8x 27.5x 17x 13.7x 12.3x
FCF Yield 4.12% 3.92% 2.38% 5.95% 3.64% 5.89% 7.28% 8.15%
Dividend per Share 2 13 14 18 18.5 13 15.26 18.38 19.91
Rate of return 6.2% 7.43% 6.88% 6.89% 4.39% 4.78% 5.76% 6.24%
EPS 2 16.12 16.09 24.5 24.78 16.94 20.72 25.57 27.78
Distribution rate 80.6% 87% 73.5% 74.7% 76.7% 73.7% 71.9% 71.7%
Net sales 1 372,216 473,479 552,764 526,816 479,183 501,786 548,914 577,487
EBITDA 1 59,735 71,196 98,865 88,266 74,704 77,986 90,770 97,826
EBIT 1 41,015 50,467 77,638 65,718 51,218 57,722 69,760 75,780
Net income 1 32,787 32,722 49,825 50,389 34,456 42,179 52,475 56,937
Net Debt 1 -50,400 -61,300 -66,700 -67,200 -48,400 -56,651 -68,928 -79,710
Reference price 2 209.65 188.48 261.70 268.60 295.90 319.00 319.00 319.00
Nbr of stocks (in thousands) 2,033,452 2,033,452 2,033,452 2,033,452 2,033,452 2,033,452 - -
Announcement Date 28/01/22 26/01/23 26/01/24 29/01/25 28/01/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.99x4.77x21.3x0.83% 344B
35.91x5.58x30.41x1.01% 175B
15.4x1.18x7.59x4.78% 64.45B
18.24x1.69x13.71x2.99% 57.14B
30.66x4.3x18.19x0.43% 48.39B
16.53x1.67x9.56x2.62% 41.46B
11.15x1.05x10.49x4.69% 34.48B
32.69x4.74x18.89x1.53% 30.68B
12.75x0.42x4.37x3.86% 26.83B
Average 22.37x 2.82x 14.95x 2.52% 91.45B
Weighted average by Cap. 26.56x 3.97x 19.77x 1.68%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Volvo

Historical PBR trend

Valuation ratios - PBR - Volvo

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Volvo

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Volvo


Year-on-year evolution of the Yield

Valuation ratios - Yield - Volvo