Company Valuation: Essity AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 207,509 191,871 175,494 205,499 181,162 185,151 - -
Change - -7.54% -8.54% 17.1% -11.84% 2.2% - -
Enterprise Value (EV) 1 262,942 254,740 229,197 236,268 207,705 214,036 210,487 206,550
Change - -3.12% -10.03% 3.09% -12.09% 3.05% -1.66% -1.87%
P/E 24.1x 34.5x 18.4x 9.91x 14.4x 15.8x 13.8x 12.8x
PBR 3.46x 2.85x 2.48x 2.34x 2.13x 2x 1.88x 1.74x
PEG - -1x 0.3x 0x -0.4x -2.78x 0.9x 1.61x
Capitalization / Revenue 1.7x 1.23x 1.19x 1.41x 1.31x 1.31x 1.27x 1.24x
EV / Revenue 2.16x 1.63x 1.56x 1.62x 1.5x 1.52x 1.44x 1.38x
EV / EBITDA 13.1x 12.5x 9.16x 8.91x 8.07x 8.69x 7.92x 7.41x
EV / EBIT 20.5x 21.3x 12.9x 12.3x 11.2x 12.2x 10.8x 9.98x
EV / FCF 36x 43x 18.7x 24.2x 24.8x 20x 17.5x 15.8x
FCF Yield 2.78% 2.33% 5.33% 4.14% 4.03% 4.99% 5.71% 6.35%
Dividend per Share 2 7 7.25 7.75 8.25 8.75 9.163 9.726 10.25
Rate of return 2.37% 2.65% 3.1% 2.79% 3.3% 3.35% 3.56% 3.75%
EPS 2 12.27 7.93 13.6 29.83 18.37 17.33 19.85 21.43
Distribution rate 57% 91.4% 57% 27.7% 47.6% 52.9% 49% 47.8%
Net sales 1 121,867 156,173 147,147 145,546 138,494 140,900 146,159 149,646
EBITDA 1 20,040 20,390 25,024 26,517 25,722 24,621 26,570 27,880
EBIT 1 12,828 11,942 17,789 19,234 18,531 17,600 19,492 20,706
Net income 1 8,620 5,567 9,554 20,888 12,656 11,800 13,326 14,304
Net Debt 1 55,433 62,869 53,703 30,769 26,543 28,884 25,336 21,398
Reference price 2 295.40 273.30 250.00 295.70 265.20 273.50 273.50 273.50
Nbr of stocks (in thousands) 702,342 702,342 702,342 694,998 683,049 677,755 - -
Announcement Date 26/1/22 26/1/23 25/1/24 23/1/25 22/1/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
20.8x4.02x14.67x3.08% 332B
18.12x2.72x12.02x3.52% 137B
24.39x3.66x15.36x2.37% 71.51B
42.06x6.78x29.4x2.19% 49.8B
19.91x2.78x11.65x4.46% 36.36B
92.99x2.7x16.28x1.46% 34.79B
23.24x1.7x10.88x2.2% 20.25B
20.74x1.34x8.71x1.27% 20.03B
15.77x1.52x8.69x3.35% 19.54B
Average 30.89x 3.02x 14.18x 2.66% 80.13B
Weighted average by Cap. 25.48x 3.60x 14.74x 2.96%

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