Company Valuation: AP Moller Maersk

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 64,204 39,245 28,585 25,593 33,890 34,270 - -
Change - -38.87% -27.16% -10.47% 32.42% 1.12% - -
Enterprise Value (EV) 1 62,674 26,613 23,927 18,220 30,943 32,311 39,069 40,144
Change - -57.54% -10.09% -23.85% 69.83% 4.42% 20.92% 2.75%
P/E 3.81x 1.41x 7.93x 4.28x 13x 13.6x -88.7x -91.8x
PBR 1.5x 0.64x 0.56x 0.46x 0.63x 0.61x 0.63x 0.64x
PEG - 0x -0.1x 0.1x -0.2x -30.56x 1x 27.16x
Capitalization / Revenue 1.04x 0.48x 0.56x 0.46x 0.63x 0.61x 0.64x 0.63x
EV / Revenue 1.01x 0.33x 0.47x 0.33x 0.57x 0.58x 0.74x 0.73x
EV / EBITDA 2.61x 0.72x 2.49x 1.5x 3.25x 3.7x 6.21x 6.01x
EV / EBIT 3.19x 0.86x 6.08x 2.8x 8.84x 14.4x -411x -185x
EV / FCF 3.29x 0.88x 3.99x 2.53x 13.9x -15.6x -11.4x -12.5x
FCF Yield 30.4% 114% 25.1% 39.6% 7.21% -6.4% -8.79% -8%
Dividend per Share 2 381 623 74 155 76 58.57 28.35 27.42
Rate of return 10.7% 27.8% 4.11% 9.36% 3.3% 2.43% 1.18% 1.14%
EPS 2 938 1,595 227 387 178 177.2 -27.15 -26.24
Distribution rate 40.6% 39.1% 32.6% 40.1% 42.7% 33.1% -104% -104%
Net sales 1 61,787 81,529 51,065 55,482 53,988 55,863 53,134 54,745
EBITDA 1 24,036 36,813 9,591 12,128 9,530 8,722 6,288 6,680
EBIT 1 19,674 30,860 3,934 6,499 3,500 2,241 -95 -217
Net income 1 17,942 29,198 3,822 6,109 2,725 2,563 -391.9 237.7
Net Debt 1 -1,530 -12,632 -4,658 -7,373 -2,947 -1,959 4,799 5,875
Reference price 2 3,571.24 2,244.26 1,800.33 1,656.81 2,305.89 2,408.23 2,408.23 2,408.23
Nbr of stocks (in thousands) 18,715 17,649 16,007 15,746 14,697 14,458 - -
Announcement Date 09/02/22 08/02/23 08/02/24 06/02/25 04/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.59x0.58x3.7x2.43% 34.27B
8.76x0.56x2.29x5.4% 30.35B
-75.81x1.25x10.63x1.75% 23.45B
11.21x4.23x8.09x4.25% 18.42B
10.33x1.25x9.69x3.93% 13.21B
13.99x0.77x3.85x3.02% 12.4B
9.33x2.63x7.08x2.87% 12.22B
10.61x3.08x8.68x7.28% 11.59B
9.66x1.97x14.27x3.85% 11.33B
9.39x0.58x3.1x5.29% 10.85B
Average 2.11x 1.69x 7.14x 4.01% 17.81B
Weighted average by Cap. -0.46x 1.50x 6.47x 3.8%

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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