Company Valuation: Ependion AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,244 3,184 3,635 2,821 3,633 4,920 - -
Change - 41.88% 14.18% -22.4% 28.8% 35.43% - -
Enterprise Value (EV) 1 2,875 3,918 4,348 3,503 4,325 5,565 5,422 5,163
Change - 36.26% 10.99% -19.44% 23.48% 28.67% -2.58% -4.77%
P/E 62.9x 21.8x 18.1x 17.8x 24x 25x 18x 14.7x
PBR 3.08x 3.22x 3.14x 2.12x 2.23x 2.73x 2.45x 2.18x
PEG - 0x 0.5x -0.8x -1.7x 0.8x 0.5x 0.7x
Capitalization / Revenue 1.39x 1.5x 1.47x 1.25x 1.63x 1.9x 1.7x 1.55x
EV / Revenue 1.78x 1.84x 1.76x 1.55x 1.94x 2.15x 1.87x 1.62x
EV / EBITDA 13.2x 11x 9.17x 8.19x 10x 10.2x 8.32x 7.06x
EV / EBIT 42.1x 19.5x 13.5x 14x 18.6x 18x 13.6x 11.1x
EV / FCF -30.8x 51.3x 42.5x 14.9x 22.2x 30.2x 21.4x 16.7x
FCF Yield -3.25% 1.95% 2.36% 6.72% 4.5% 3.31% 4.67% 5.97%
Dividend per Share 2 0.5 0.5 1 1.25 1.5 2 2.5 3.1
Rate of return 0.64% 0.45% 0.8% 1.29% 1.33% 1.31% 1.64% 2.03%
EPS 2 1.24 5.07 6.93 5.45 4.7 6.105 8.495 10.4
Distribution rate 40.3% 9.86% 14.4% 22.9% 31.9% 32.8% 29.4% 29.8%
Net sales 1 1,619 2,128 2,471 2,258 2,232 2,585 2,902 3,183
EBITDA 1 218 354.8 474 427.5 432.5 544.2 652 731.3
EBIT 1 68.27 201.1 321.7 250.9 232.1 309 400 466
Net income 1 35.76 146.1 200.4 157 146.7 210.8 279.9 334.7
Net Debt 1 631.2 734 713 682 692 645 501.5 243
Reference price 2 78.00 110.40 125.60 97.10 113.00 152.60 152.60 152.60
Nbr of stocks (in thousands) 28,768 28,837 28,941 29,050 32,152 32,243 - -
Announcement Date 27/01/22 25/01/23 25/01/24 31/01/25 26/01/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25x2.15x10.23x1.31% 50Cr
-32.16x28.51x833.12x - 3.02TCr
17.3x0.99x10.87x1.69% 1.88TCr
23.64x0.78x18.23x0.51% 1.08TCr
-1.48x2.36x9.71x-.--% 613.84Cr
38.13x4.13x24.91x1.91% 309.69Cr
44.64x - - - 312.94Cr
24.82x - - 0.35% 226.38Cr
Average 17.49x 6.49x 151.18x 0.96% 937.26Cr
Weighted average by Cap. -0.98x 13.18x 369.62x 1.08%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Ependion AB

Historical PBR trend

Valuation ratios - PBR - Ependion AB

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Ependion AB

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Ependion AB


Year-on-year evolution of the Yield

Valuation ratios - Yield - Ependion AB
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