Company Valuation: Essity AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 207,509 191,871 175,494 205,499 181,162 187,284 - -
Change - -7.54% -8.54% 17.1% -11.84% 3.38% - -
Enterprise Value (EV) 1 262,942 254,740 229,197 236,268 207,705 215,754 212,253 208,322
Change - -3.12% -10.03% 3.09% -12.09% 3.88% -1.62% -1.85%
P/E 24.1x 34.5x 18.4x 9.91x 14.4x 15.5x 13.8x 12.9x
PBR 3.46x 2.85x 2.48x 2.34x 2.13x 2.06x 1.92x 1.78x
PEG - -1x 0.3x 0x -0.4x -4.97x 1.1x 1.73x
Capitalization / Revenue 1.7x 1.23x 1.19x 1.41x 1.31x 1.34x 1.29x 1.26x
EV / Revenue 2.16x 1.63x 1.56x 1.62x 1.5x 1.54x 1.46x 1.4x
EV / EBITDA 13.1x 12.5x 9.16x 8.91x 8.07x 8.68x 7.97x 7.46x
EV / EBIT 20.5x 21.3x 12.9x 12.3x 11.2x 11.9x 10.8x 10x
EV / FCF 36x 43x 18.7x 24.2x 24.8x 21.6x 18x 15.9x
FCF Yield 2.78% 2.33% 5.33% 4.14% 4.03% 4.64% 5.55% 6.28%
Dividend per Share 2 7 7.25 7.75 8.25 8.75 9.185 9.734 10.27
Rate of return 2.37% 2.65% 3.1% 2.79% 3.3% 3.33% 3.53% 3.73%
EPS 2 12.27 7.93 13.6 29.83 18.37 17.8 19.96 21.45
Distribution rate 57% 91.4% 57% 27.7% 47.6% 51.6% 48.8% 47.9%
Net sales 1 121,867 156,173 147,147 145,546 138,494 140,059 145,121 148,848
EBITDA 1 20,040 20,390 25,024 26,517 25,722 24,854 26,620 27,913
EBIT 1 12,828 11,942 17,789 19,234 18,531 18,113 19,623 20,806
Net income 1 8,620 5,567 9,554 20,888 12,656 12,085 13,401 14,304
Net Debt 1 55,433 62,869 53,703 30,769 26,543 28,470 24,969 21,037
Reference price 2 295.40 273.30 250.00 295.70 265.20 275.70 275.70 275.70
Nbr of stocks (in thousands) 702,342 702,342 702,342 694,998 683,049 679,243 - -
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.($)
21.99x4.27x15.61x2.86% 348B
17.57x2.68x11.88x3.59% 132B
25.31x3.79x15.96x2.27% 74.73B
45.8x7.34x31.88x2.06% 54.24B
20.53x2.88x11.92x4.34% 37.56B
82.28x2.47x15.01x1.66% 30.72B
17.55x1.25x7.49x1.35% 18.87B
22.01x1.59x10.14x2.35% 18.54B
53.62x7.45x36.54x1.2% 11.81B
Average 34.07x 3.75x 17.38x 2.41% 80.64B
Weighted average by Cap. 26.18x 3.92x 15.96x 2.82%

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