Company Valuation: AP Moller Maersk

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 64,204 39,245 28,585 25,593 33,890 39,000 - -
Change - -38.87% -27.16% -10.47% 32.42% 15.08% - -
Enterprise Value (EV) 1 62,674 26,613 23,927 18,220 30,943 41,526 44,401 45,211
Change - -57.54% -10.09% -23.85% 69.83% 34.2% 6.92% 1.82%
P/E Ratio 3.81x 1.41x 7.93x 4.28x 13x 96.2x -74.1x -353x
PBR 1.5x 0.64x 0.56x 0.46x 0.63x 0.74x 0.75x 0.76x
PEG - 0x -0.1x 0.1x -0.2x -1.1x 0x 4.5x
Capitalization / Revenue 1.04x 0.48x 0.56x 0.46x 0.63x 0.73x 0.74x 0.71x
EV / Revenue 1.01x 0.33x 0.47x 0.33x 0.57x 0.77x 0.84x 0.82x
EV / EBITDA 2.61x 0.72x 2.49x 1.5x 3.25x 5.95x 7.34x 6.69x
EV / EBIT 3.19x 0.86x 6.08x 2.8x 8.84x 82.9x -318x 278x
EV / FCF 3.29x 0.88x 3.99x 2.53x 13.9x -18.2x -12x -13.3x
FCF Yield 30.4% 114% 25.1% 39.6% 7.21% -5.5% -8.36% -7.5%
Dividend per Share 2 381 623 74 155 76 25.49 19.22 28.02
Rate of return 10.7% 27.8% 4.11% 9.36% 3.3% 0.93% 0.7% 1.02%
EPS 2 938 1,595 227 387 178 28.55 -37.03 -7.769
Distribution rate 40.6% 39.1% 32.6% 40.1% 42.7% 89.3% -51.9% -361%
Net sales 1 61,787 81,529 51,065 55,482 53,988 53,710 52,952 54,995
EBITDA 1 24,036 36,813 9,591 12,128 9,530 6,978 6,050 6,756
EBIT 1 19,674 30,860 3,934 6,499 3,500 501.1 -139.8 162.8
Net income 1 17,942 29,198 3,822 6,109 2,725 457.4 -504.4 262.9
Net Debt 1 -1,530 -12,632 -4,658 -7,373 -2,947 2,526 5,401 6,211
Reference price 2 3,571.24 2,244.26 1,800.33 1,656.81 2,305.89 2,745.14 2,745.14 2,745.14
Nbr of stocks (in thousands) 18,715 17,649 16,007 15,746 14,697 14,458 - -
Announcement Date 09/02/22 08/02/23 08/02/24 06/02/25 04/02/26 - - -
1USD in Million2USD
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
96.15x0.77x5.95x0.93% 3.9TCr
8.99x0.63x2.6x5.22% 3.16TCr
-75.88x1.28x9.92x1.79% 2.38TCr
11.3x4.06x7.91x4.58% 1.86TCr
11.02x1.29x10.13x4.03% 1.42TCr
14.39x0.76x3.82x2.96% 1.25TCr
12.4x3.18x9.42x2.83% 1.24TCr
9.68x2.17x14.76x3.47% 1.24TCr
10.92x3.22x9.17x7.27% 1.19TCr
10.31x0.54x3.03x4.82% 1.1TCr
Average 10.93x 1.79x 7.67x 3.79% 1.87TCr
Weighted average by Cap. 17.58x 1.57x 7.10x 3.42%

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

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  4. Valuation AP Moller Maersk
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