Company Valuation: CellaVision AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,757 5,462 5,057 5,188 3,749 3,549 - -
Change - -29.58% -7.42% 2.59% -27.72% -5.34% - -
Enterprise Value (EV) 1 7,763 5,456 5,000 5,065 3,587 3,362 3,327 3,271
Change - -29.71% -8.37% 1.31% -29.18% -6.28% -1.02% -1.7%
P/E 61.9x 46.2x 38.8x 36.9x 24.5x 25.5x 20.3x 17.9x
PBR 14.3x 8.51x 7.06x 6.36x 4.22x 3.67x 3.33x 2.99x
PEG - -8.36x 3.8x 4.58x 2.78x -2.78x 0.8x 1.3x
Capitalization / Revenue 13.7x 8.54x 7.47x 7.17x 4.94x 4.58x 4.08x 3.76x
EV / Revenue 13.7x 8.53x 7.38x 7x 4.73x 4.34x 3.82x 3.46x
EV / EBITDA 39.6x 27.5x 24.2x 23.2x 14.9x 14.8x 12x 10.6x
EV / EBIT 47.7x 34.5x 29.9x 28.5x 17.8x 18.9x 14.9x 12.9x
EV / FCF 68x 81.1x 45.1x 41.4x 31.4x 31.2x 29.6x 23.4x
FCF Yield 1.47% 1.23% 2.22% 2.42% 3.19% 3.21% 3.37% 4.27%
Dividend per Share 2 2 2 2.25 2.5 2.75 2.75 3.133 3.4
Rate of return 0.62% 0.87% 1.06% 1.15% 1.75% 1.85% 2.11% 2.28%
EPS 2 5.25 4.96 5.46 5.9 6.42 5.831 7.313 8.294
Distribution rate 38.1% 40.3% 41.2% 42.4% 42.8% 47.2% 42.8% 41%
Net sales 1 565.6 639.3 677.3 723.2 759 775.1 870 944.7
EBITDA 1 196.2 198.4 206.8 218.7 241.4 227.3 277.7 309.5
EBIT 1 162.7 158.3 167.1 177.7 202.1 177.5 222.9 253.3
Net income 1 125.3 118.3 130.3 140.7 153.1 139 174.4 197.7
Net Debt 1 6.368 -5.558 -56.94 -122.6 -162.6 -187.5 -221.9 -278.4
Reference price 2 325.20 229.00 212.00 217.50 157.20 148.80 148.80 148.80
Nbr of stocks (in thousands) 23,852 23,852 23,852 23,852 23,852 23,852 - -
Announcement Date 04/02/22 08/02/23 07/02/24 06/02/25 05/02/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.38x4.31x14.7x1.86% 37Cr
60.3x4.74x15.9x0.35% 1.62TCr
42.95x - - 1.88% 184.63Cr
-11.07x1.32x5.81x-.--% 120.77Cr
16.23x2.29x7.67x1.44% 97Cr
52.79x - - 0.85% 54Cr
51.27x - - - 50Cr
18.87x2.66x11.38x1.81% 39Cr
-13.88x - - - 35Cr
Average 26.98x 3.07x 11.09x 1.17% 248.89Cr
Weighted average by Cap. 50.29x 4.35x 14.74x 0.58%

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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