Company Valuation: Lundberg B

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,09,269 1,25,984 1,10,137 1,35,954 1,24,248 1,26,852
Change - 15.3% -12.58% 23.44% -8.61% 2.1%
Enterprise Value (EV) 1 1,28,925 1,46,107 1,28,346 1,53,788 1,43,844 1,50,213
Change - 13.33% -12.16% 19.82% -6.47% 4.43%
P/E Ratio 30.4x 11.1x 72.8x 18.7x 19.7x 10.5x
PBR 1.28x 1.27x 1.1x 1.26x 1.09x 0.99x
PEG - 0x -0.8x 0x -1.5x 0.1x
Capitalization / Revenue 4.79x 3.99x 3.86x 3.81x 3.69x 3.34x
EV / Revenue 5.66x 4.62x 4.5x 4.31x 4.27x 3.96x
EV / EBITDA 19.4x 11.7x 15.7x 10.6x 13.9x 10.1x
EV / EBIT 23.1x 12.9x 18.7x 11.6x 16x 11.1x
EV / FCF 48.4x 27x -209x 13x 30.1x 21.5x
FCF Yield 2.07% 3.7% -0.48% 7.72% 3.32% 4.64%
Dividend per Share 2 3.5 3.75 4 4.3 4.6 4.9
Rate of return 0.79% 0.74% 0.9% 0.78% 0.92% 0.96%
EPS 2 14.48 45.84 6.1 29.25 25.41 48.7
Distribution rate 24.2% 8.18% 65.6% 14.7% 18.1% 10.1%
Net sales 1 22,791 31,595 28,504 35,723 33,710 37,956
EBITDA 1 6,659 12,528 8,166 14,562 10,318 14,866
EBIT 1 5,571 11,344 6,874 13,268 9,000 13,483
Net income 1 3,591 11,367 1,514 7,255 6,302 12,079
Net Debt 1 19,656 20,123 18,209 17,834 19,596 23,361
Reference price 2 440.60 508.00 444.10 548.20 501.00 511.50
Nbr of stocks (in thousands) 2,48,000 2,48,000 2,48,000 2,48,000 2,48,000 2,48,000
Announcement Date 24/03/21 02/03/22 27/02/23 29/02/24 27/02/25 04/03/26
1SEK in Million2SEK
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 1.43TCr
12.54x1.18x5.49x2.35% 1.76TCr
6.22x9.64x28.13x2.55% 1.19TCr
6.92x13.61x - 0.56% 1.17TCr
19.18x1.63x9.16x6.42% 1.15TCr
Average 11.21x 6.51x 14.26x 2.97% 1.34TCr
Weighted average by Cap. 11.31x 5.95x 13.08x 2.88%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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