Company Valuation: ISS A/S

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 23,087 27,211 23,899 23,168 35,081 41,466 - -
Change - 17.86% -12.17% -3.06% 51.42% 18.2% - -
Enterprise Value (EV) 1 36,538 38,751 36,684 34,508 48,308 55,772 55,381 54,622
Change - 6.05% -5.33% -5.93% 39.99% 15.45% -0.7% -1.37%
P/E Ratio 37.9x 13.4x 86x 9.31x 14.1x 13.7x 12.2x 10.8x
PBR 3.04x 2.68x 2.21x 2.19x 3.72x 4.47x 3.98x 3.54x
PEG - 0x -1x 0x 1.53x 0.6x 0.9x 0.8x
Capitalization / Revenue 0.32x 0.36x 0.3x 0.28x 0.41x 0.46x 0.44x 0.42x
EV / Revenue 0.51x 0.51x 0.47x 0.41x 0.57x 0.62x 0.59x 0.56x
EV / EBITDA 10.3x 8.88x 7.66x 6.18x 8.44x 8.88x 8.36x 7.87x
EV / EBIT 20.6x 13.5x 11.1x 8.33x 11.6x 11.9x 11.2x 10.5x
EV / FCF 21.1x 22.3x 20.7x 11.2x 14.5x 17.2x 16.1x 14.5x
FCF Yield 4.75% 4.47% 4.84% 8.96% 6.88% 5.82% 6.23% 6.89%
Dividend per Share 2 - 2.1 2.3 3.1 3.2 4.158 4.678 5.258
Rate of return - 1.43% 1.78% 2.36% 1.47% 1.57% 1.77% 1.99%
EPS 2 3.3 11 1.5 14.1 15.4 19.21 21.69 24.53
Distribution rate - 19.1% 153% 22% 20.8% 21.6% 21.6% 21.4%
Net sales 1 71,363 76,538 78,681 83,761 84,684 89,785 93,933 97,769
EBITDA 1 3,536 4,364 4,789 5,585 5,724 6,284 6,627 6,945
EBIT 1 1,776 2,876 3,300 4,143 4,169 4,667 4,947 5,204
Net income 1 615 2,058 279 2,589 2,603 3,042 3,232 3,452
Net Debt 1 13,451 11,540 12,785 11,340 13,227 14,307 13,916 13,156
Reference price 2 125.00 147.30 128.95 131.30 217.20 264.00 264.00 264.00
Nbr of stocks (in thousands) 1,84,698 1,84,729 1,85,333 1,76,448 1,61,513 1,57,067 - -
Announcement Date 24/02/22 23/02/23 22/02/24 20/02/25 19/02/26 - - -
1DKK in Million2DKK
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.74x0.62x8.88x1.58% 642.56Cr
36.07x6.48x23.4x0.96% 7.05TCr
37.32x4.46x14.55x1.2% 2.01TCr
29.32x1.2x12.23x1.12% 1.5TCr
17.79x1.92x9.51x3.9% 1.31TCr
24.46x2.76x11.85x3.06% 1.17TCr
25.81x3.54x13.66x2.27% 806.88Cr
9.04x1.03x5.47x2.34% 543.44Cr
17.36x0.38x8.63x4.19% 509.49Cr
Average 23.43x 2.49x 12.02x 2.29% 1.73TCr
Weighted average by Cap. 30.15x 4.26x 16.92x 1.66%

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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