Company Valuation: Alfa Laval AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 151,398 124,453 166,736 191,205 192,486 231,959 - -
Change - -17.8% 33.98% 14.68% 0.67% 20.51% - -
Enterprise Value (EV) 1 156,286 136,401 176,347 195,915 205,665 242,244 238,311 233,291
Change - -12.72% 29.29% 11.1% 4.98% 17.79% -1.62% -2.11%
P/E 32x 27.6x 26.3x 25.9x 23.3x 26.1x 22.6x 20.6x
PBR 4.75x 3.52x 4.5x 4.56x 4.43x 4.73x 4.19x 3.74x
PEG - -6.41x 0.6x 1.5x 2x 3.55x 1.4x 2.17x
Capitalization / Revenue 3.7x 2.39x 2.62x 2.86x 2.76x 3.14x 2.83x 2.64x
EV / Revenue 3.82x 2.62x 2.77x 2.93x 2.95x 3.28x 2.91x 2.65x
EV / EBITDA 18.8x 14.1x 15x 15.2x 14.4x 16x 14x 12.7x
EV / EBIT 25.5x 20.9x 17.3x 17.7x 16.7x 18.6x 16x 14.5x
EV / FCF 38.7x 94.9x 26.2x 22.2x 31.6x 34.9x 27.9x 23.8x
FCF Yield 2.58% 1.05% 3.82% 4.5% 3.16% 2.86% 3.58% 4.21%
Dividend per Share 2 6 6 7.5 8.5 9 9.702 10.75 11.67
Rate of return 1.65% 1.99% 1.86% 1.84% 1.93% 1.73% 1.91% 2.08%
EPS 2 11.38 10.89 15.31 17.88 20.01 21.48 24.87 27.23
Distribution rate 52.7% 55.1% 49% 47.5% 45% 45.2% 43.2% 42.8%
Net sales 1 40,911 52,135 63,598 66,954 69,674 73,756 81,853 88,001
EBITDA 1 8,305 9,678 11,780 12,853 14,252 15,098 16,981 18,392
EBIT 1 6,126 6,519 10,221 11,089 12,334 13,055 14,897 16,056
Net income 1 4,759 4,503 6,330 7,391 8,272 8,835 10,175 11,118
Net Debt 1 4,888 11,948 9,611 4,710 13,179 10,285 6,352 1,332
Reference price 2 364.40 301.10 403.40 462.60 465.70 561.20 561.20 561.20
Nbr of stocks (in thousands) 415,473 413,326 413,326 413,326 413,326 413,326 - -
Announcement Date 02/02/22 02/02/23 06/02/24 05/02/25 02/02/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.81x6.3x23.4x0.73% 126B
27.48x5.06x17.63x2.19% 35.42B
22.95x1.97x14.1x2.04% 33.38B
31.77x4.22x15.94x0.11% 31.24B
21.45x3.61x11.42x1.51% 28.11B
22.3x3.23x13.93x1.05% 27.19B
24.71x3.01x12.98x1.53% 26.48B
105.01x37.81x86.48x0.35% 26.05B
26.13x3.28x16.05x1.73% 24.5B
Average 35.40x 7.61x 23.55x 1.25% 39.85B
Weighted average by Cap. 35.18x 6.99x 22.97x 1.13%

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