Company Valuation: Essity AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,07,509 1,91,871 1,75,494 2,05,499 1,81,162 1,93,022 - -
Change - -7.54% -8.54% 17.1% -11.84% 6.55% - -
Enterprise Value (EV) 1 2,62,942 2,54,740 2,29,197 2,36,268 2,07,705 2,22,276 2,20,372 2,16,912
Change - -3.12% -10.03% 3.09% -12.09% 7.02% -0.86% -1.57%
P/E 24.1x 34.5x 18.4x 9.91x 14.4x 17.5x 15.1x 13.8x
PBR 3.46x 2.85x 2.48x 2.34x 2.13x 2.11x 1.99x 1.85x
PEG - -1x 0.3x 0x -0.4x -1.6x 0.9x 1.47x
Capitalization / Revenue 1.7x 1.23x 1.19x 1.41x 1.31x 1.37x 1.31x 1.27x
EV / Revenue 2.16x 1.63x 1.56x 1.62x 1.5x 1.58x 1.49x 1.43x
EV / EBITDA 13.1x 12.5x 9.16x 8.91x 8.07x 8.89x 8.4x 7.81x
EV / EBIT 20.5x 21.3x 12.9x 12.3x 11.2x 13.5x 12.1x 11.1x
EV / FCF 36x 43x 18.7x 24.2x 24.8x 25.2x 20.3x 18.8x
FCF Yield 2.78% 2.33% 5.33% 4.14% 4.03% 3.97% 4.93% 5.33%
Dividend per Share 2 7 7.25 7.75 8.25 8.75 9.138 9.634 10.18
Rate of return 2.37% 2.65% 3.1% 2.79% 3.3% 3.19% 3.36% 3.55%
EPS 2 12.27 7.93 13.6 29.83 18.37 16.35 19.02 20.81
Distribution rate 57% 91.4% 57% 27.7% 47.6% 55.9% 50.7% 48.9%
Net sales 1 1,21,867 1,56,173 1,47,147 1,45,546 1,38,494 1,40,993 1,47,756 1,51,692
EBITDA 1 20,040 20,390 25,024 26,517 25,722 25,015 26,227 27,770
EBIT 1 12,828 11,942 17,789 19,234 18,531 16,505 18,242 19,591
Net income 1 8,620 5,567 9,554 20,888 12,656 11,020 12,694 13,821
Net Debt 1 55,433 62,869 53,703 30,769 26,543 29,254 27,349 23,890
Reference price 2 295.40 273.30 250.00 295.70 265.20 286.50 286.50 286.50
Nbr of stocks (in thousands) 7,02,342 7,02,342 7,02,342 6,94,998 6,83,049 6,73,632 - -
Announcement Date 26/01/22 26/01/23 25/01/24 23/01/25 22/01/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
24.69x4.64x16.99x2.61% 39TCr
33.86x5.13x21.31x1.74% 26TCr
19.23x2.9x12.83x3.27% 14TCr
27.01x3.95x16.49x2.16% 7.8TCr
42.6x4.25x20.89x4.63% 6.8TCr
59.46x8.44x32.6x0.21% 5.32TCr
41.39x6.57x28.89x2.28% 4.99TCr
37.81x2.83x15.28x1.27% 4.11TCr
25.26x1.86x11.87x2% 2.23TCr
Average 34.59x 4.51x 19.68x 2.24% 12TCr
Weighted average by Cap. 30.35x 4.61x 18.80x 2.39%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Essity AB

Historical PBR trend

Valuation ratios - PBR - Essity AB

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Essity AB

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Essity AB


Year-on-year evolution of the Yield

Valuation ratios - Yield - Essity AB