Company Valuation: Essity AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 207,509 191,871 175,494 205,499 181,162 190,200 - -
Change - -7.54% -8.54% 17.1% -11.84% 4.99% - -
Enterprise Value (EV) 1 262,942 254,740 229,197 236,268 207,705 218,992 215,304 211,210
Change - -3.12% -10.03% 3.09% -12.09% 5.43% -1.68% -1.9%
P/E 24.1x 34.5x 18.4x 9.91x 14.4x 16.2x 14.1x 13.1x
PBR 3.46x 2.85x 2.48x 2.34x 2.13x 2.05x 1.93x 1.78x
PEG - -1x 0.3x 0x -0.4x -2.88x 1x 1.65x
Capitalization / Revenue 1.7x 1.23x 1.19x 1.41x 1.31x 1.35x 1.3x 1.27x
EV / Revenue 2.16x 1.63x 1.56x 1.62x 1.5x 1.55x 1.47x 1.41x
EV / EBITDA 13.1x 12.5x 9.16x 8.91x 8.07x 8.85x 8.07x 7.54x
EV / EBIT 20.5x 21.3x 12.9x 12.3x 11.2x 12.4x 11x 10.2x
EV / FCF 36x 43x 18.7x 24.2x 24.8x 21x 17.5x 15.8x
FCF Yield 2.78% 2.33% 5.33% 4.14% 4.03% 4.76% 5.71% 6.31%
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% 3.27% 3.47% 3.65%
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 2 295.40 273.30 250.00 295.70 265.20 280.60 280.60 280.60
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.($)
16.18x1.55x8.81x3.27% 19.51B
21.89x4.25x15.58x2.87% 346B
17.82x2.71x12x3.5% 133B
24.95x3.74x15.74x2.29% 73.6B
45.25x7.26x31.5x2.08% 53.28B
20.44x2.87x11.89x4.36% 37.4B
80.82x2.39x14.4x1.69% 30.1B
18.35x1.33x7.95x1.29% 19.66B
21.75x1.57x10.01x2.38% 18.15B
45.58x6.6x31.52x1.58% 11.46B
Average 31.30x 3.43x 15.94x 2.53% 74.18B
Weighted average by Cap. 25.58x 3.82x 15.60x 2.83%

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