Company Valuation: Sweco AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 60,838 35,813 48,548 59,218 54,412 46,717 - -
Change - -41.13% 35.56% 21.98% -8.12% -14.14% - -
Enterprise Value (EV) 1 61,751 36,888 54,085 64,340 59,505 50,567 48,851 47,080
Change - -40.26% 46.62% 18.96% -7.52% -15.02% -3.39% -3.63%
P/E 40.7x 21.7x 29.1x 28.6x 24.5x 18.5x 16.4x 15.1x
PBR 7.08x 3.6x 4.6x 5x 2.77x 3.36x 3.04x 2.76x
PEG - 2.1x 33.54x 1.2x 3.44x 1.4x 1.2x 1.85x
Capitalization / Revenue 2.79x 1.47x 1.7x 1.93x 1.72x 1.37x 1.29x 1.23x
EV / Revenue 2.83x 1.52x 1.9x 2.1x 1.88x 1.49x 1.35x 1.24x
EV / EBITDA 26.9x 14.9x 19.2x 19x 16.3x 9.72x 9.23x 8.5x
EV / EBIT 31.3x 16.4x 22.4x 21.3x 18.6x 14.2x 12.4x 11.1x
EV / FCF 31.4x 16.7x 25.2x 17.4x 16.6x 17.8x 15.3x 14x
FCF Yield 3.19% 6% 3.97% 5.73% 6.04% 5.63% 6.55% 7.12%
Dividend per Share 2 2.45 2.7 2.95 3.3 3.7 3.947 4.335 4.696
Rate of return 1.44% 2.7% 2.18% 2% 2.45% 3.05% 3.35% 3.63%
EPS 2 4.18 4.61 4.65 5.75 6.16 6.986 7.908 8.555
Distribution rate 58.6% 58.6% 63.4% 57.4% 60.1% 56.5% 54.8% 54.9%
Net sales 1 21,792 24,296 28,523 30,676 31,586 33,984 36,099 37,871
EBITDA 1 2,294 2,481 2,811 3,384 3,661 5,201 5,292 5,538
EBIT 1 1,974 2,245 2,416 3,015 3,203 3,549 3,954 4,252
Net income 1 1,492 1,652 1,667 2,071 2,226 2,534 2,872 3,112
Net Debt 1 913 1,075 5,537 5,122 5,093 3,850 2,134 362.9
Reference price 2 170.20 99.85 135.10 164.70 150.90 129.40 129.40 129.40
Nbr of stocks (in thousands) 3,57,485 3,58,619 3,59,141 3,59,778 3,60,664 3,61,241 - -
Announcement Date 11/02/22 09/02/23 09/02/24 07/02/25 11/02/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
55.44x2.56x24.44x0.07% 9.66TCr
11.77x1.02x5.58x4.96% 6.73TCr
34.05x4.28x23.25x0.2% 5.81TCr
25.23x1.95x19.22x1.17% 5.39TCr
49.42x3.97x25.09x1.96% 3.89TCr
23.03x1.57x14.49x0.2% 3.33TCr
26.55x0.67x10.98x2.32% 3.31TCr
21.6x0.42x6.71x2.86% 2.87TCr
5.01x0.31x5.98x5.63% 2.67TCr
Average 28.01x 1.86x 15.08x 2.15% 4.85TCr
Weighted average by Cap. 31.63x 2.11x 16.71x 1.85%

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