Company Valuation: Volvo

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,27,626 3,87,546 5,34,513 5,46,897 6,01,921 6,93,672 - -
Change - -9.37% 37.92% 2.32% 10.06% 15.24% - -
Enterprise Value (EV) 1 3,77,226 3,26,246 4,67,813 4,79,697 5,53,521 6,36,391 6,24,164 6,13,589
Change - -13.51% 43.39% 2.54% 15.39% 14.97% -1.92% -1.69%
P/E 13x 11.7x 10.7x 10.8x 17.5x 16.6x 13.7x 12.6x
PBR 3.02x 2.36x 2.99x 2.82x 3.37x 3.56x 3.28x 3.04x
PEG - -62.87x 0.2x 9.45x -0.6x 0.8x 0.6x 1.5x
Capitalization / Revenue 1.15x 0.82x 0.97x 1.04x 1.26x 1.4x 1.28x 1.22x
EV / Revenue 1.01x 0.69x 0.85x 0.91x 1.16x 1.28x 1.16x 1.08x
EV / EBITDA 6.31x 4.58x 4.73x 5.43x 7.41x 8.26x 6.97x 6.37x
EV / EBIT 9.2x 6.46x 6.03x 7.3x 10.8x 11x 9.23x 8.33x
EV / FCF 24.3x 25.5x 42x 16.8x 27.5x 18.6x 15.2x 13.9x
FCF Yield 4.12% 3.92% 2.38% 5.95% 3.64% 5.38% 6.58% 7.18%
Dividend per Share 2 13 14 18 18.5 13 15.49 18.29 19.51
Rate of return 6.2% 7.43% 6.88% 6.89% 4.39% 4.54% 5.36% 5.72%
EPS 2 16.12 16.09 24.5 24.78 16.94 20.59 24.95 27.05
Distribution rate 80.6% 87% 73.5% 74.7% 76.7% 75.3% 73.3% 72.1%
Net sales 1 3,72,216 4,73,479 5,52,764 5,26,816 4,79,183 4,96,511 5,40,010 5,68,267
EBITDA 1 59,735 71,196 98,865 88,266 74,704 77,075 89,598 96,292
EBIT 1 41,015 50,467 77,638 65,718 51,218 57,816 67,591 73,671
Net income 1 32,787 32,722 49,825 50,389 34,456 41,857 51,684 56,002
Net Debt 1 -50,400 -61,300 -66,700 -67,200 -48,400 -57,280 -69,507 -80,082
Reference price 2 209.65 188.48 261.70 268.60 295.90 341.00 341.00 341.00
Nbr of stocks (in thousands) 20,33,452 20,33,452 20,33,452 20,33,452 20,33,452 20,33,452 - -
Announcement Date 28/01/22 26/01/23 26/01/24 29/01/25 28/01/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.81x1.3x8.39x4.48% 7.35TCr
11.69x0.49x5.4x5.11% 1.51TCr
12.52x0.37x7.39x5.24% 384.75Cr
12.3x0.47x3.13x2.17% 325.05Cr
12.86x0.34x3.98x4.6% 218.08Cr
11.27x0.45x4.62x3.48% 217.11Cr
Average 12.91x 0.57x 5.48x 4.18% 1.67TCr
Weighted average by Cap. 15.52x 1.08x 7.55x 4.51%

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

40% Discount: Identify Tomorrow's Best Investments With The Best Subscriber-Only Tools!
d
:
:
SEIZE THE OFFER!