Company Valuation: Essity AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 207,509 191,871 175,494 205,499 181,162 187,919 - -
Change - -7.54% -8.54% 17.1% -11.84% 3.73% - -
Enterprise Value (EV) 1 262,942 254,740 229,197 236,268 207,705 216,710 213,022 208,928
Change - -3.12% -10.03% 3.09% -12.09% 4.34% -1.7% -1.92%
P/E 24.1x 34.5x 18.4x 9.91x 14.4x 16x 14x 12.9x
PBR 3.46x 2.85x 2.48x 2.34x 2.13x 2.03x 1.9x 1.76x
PEG - -1x 0.3x 0x -0.4x -2.84x 1x 1.63x
Capitalization / Revenue 1.7x 1.23x 1.19x 1.41x 1.31x 1.33x 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 8.76x 7.98x 7.46x
EV / EBIT 20.5x 21.3x 12.9x 12.3x 11.2x 12.3x 10.9x 10.1x
EV / FCF 36x 43x 18.7x 24.2x 24.8x 20.8x 17.3x 15.7x
FCF Yield 2.78% 2.33% 5.33% 4.14% 4.03% 4.81% 5.77% 6.38%
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% 3.31% 3.51% 3.7%
EPS 2 12.27 7.93 13.6 29.83 18.37 17.34 19.85 21.43
Distribution rate 57% 91.4% 57% 27.7% 47.6% 52.9% 49% 47.8%
Net sales 1 121,867 156,173 147,147 145,546 138,494 140,922 146,061 149,478
EBITDA 1 20,040 20,390 25,024 26,517 25,722 24,743 26,685 28,007
EBIT 1 12,828 11,942 17,789 19,234 18,531 17,607 19,492 20,707
Net income 1 8,620 5,567 9,554 20,888 12,656 11,806 13,326 14,304
Net Debt 1 55,433 62,869 53,703 30,769 26,543 28,792 25,103 21,010
Reference price 2 295.40 273.30 250.00 295.70 265.20 277.20 277.20 277.20
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.28x4.14x15.18x2.95% 336B
18.26x2.77x12.25x3.45% 137B
25.57x3.73x15.81x2.32% 73.06B
43.64x7.03x30.49x2.11% 51.72B
20.19x2.84x11.77x4.4% 36.94B
81.14x2.41x14.5x1.68% 30.35B
18.73x1.37x8.17x1.26% 20.29B
21.65x1.56x9.96x2.39% 18.55B
45.46x6.57x31.42x1.6% 11.47B
Average 32.88x 3.60x 16.62x 2.46% 79.59B
Weighted average by Cap. 25.56x 3.80x 15.51x 2.86%

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