Company Valuation: Axfood AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 54,451 61,699 58,907 50,484 62,660 57,101 - -
Change - 13.31% -4.52% -14.3% 24.12% -8.87% - -
Enterprise Value (EV) 1 62,091 70,681 68,246 65,345 77,258 71,876 71,229 71,084
Change - 13.83% -3.44% -4.25% 18.23% -6.97% -0.9% -0.2%
P/E 25.4x 26x 25.1x 23.1x 26.9x 22.9x 20.5x 19.5x
PBR 11x 9.34x 8.61x 7.19x 8.35x 7.52x 6.8x 6.16x
PEG - 3.55x -22.99x -3.3x 4x 3.35x 1.8x 3.47x
Capitalization / Revenue 0.94x 0.84x 0.73x 0.6x 0.7x 0.63x 0.6x 0.58x
EV / Revenue 1.07x 0.96x 0.84x 0.78x 0.87x 0.79x 0.75x 0.72x
EV / EBITDA 12.2x 12.4x 10.8x 9.8x 10.1x 9.08x 8.47x 8.15x
EV / EBIT 23.1x 21.9x 18.9x 19x 20.9x 18.9x 17.2x 16.4x
EV / FCF 22.5x 21.2x 17.7x 16.7x 15.4x 18.9x 14.5x 15.5x
FCF Yield 4.45% 4.72% 5.66% 6% 6.5% 5.29% 6.89% 6.45%
Dividend per Share 2 7.75 8.15 8.5 8.75 9 9.479 9.993 10.39
Rate of return 2.98% 2.85% 3.11% 3.74% 3.1% 3.58% 3.78% 3.93%
EPS 2 10.24 10.99 10.87 10.11 10.79 11.53 12.88 13.6
Distribution rate 75.7% 74.2% 78.2% 86.5% 83.4% 82.2% 77.6% 76.4%
Net sales 1 57,891 73,474 81,111 84,057 89,152 91,193 94,786 98,115
EBITDA 1 5,103 5,716 6,345 6,665 7,649 7,912 8,409 8,718
EBIT 1 2,690 3,229 3,602 3,433 3,688 3,805 4,131 4,329
Net income 1 2,150 2,360 2,357 2,192 2,339 2,526 2,820 2,977
Net Debt 1 7,640 8,982 9,339 14,861 14,598 14,775 14,128 13,983
Reference price 2 260.40 285.90 273.00 234.00 290.20 264.50 264.50 264.50
Nbr of stocks (in thousands) 209,105 215,805 215,778 215,745 215,922 215,884 - -
Announcement Date 03/02/22 01/02/23 01/02/24 30/01/25 29/01/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
40.96x1.31x20.06x0.85% 935B
26.64x1.27x11.05x0.89% 55.9B
17.05x0.59x8.56x3.02% 44.18B
17.14x0.68x12.73x2.69% 40.41B
12.5x0.35x6.45x2.4% 37.04B
21.66x0.9x6.01x5.86% 36.37B
28.19x0.87x10.02x2.61% 34.82B
12.07x0.46x5.87x3.9% 31.54B
16.16x0.64x7.29x2.92% 29.12B
Average 21.37x 0.79x 9.78x 2.79% 138.28B
Weighted average by Cap. 35.61x 1.17x 17.26x 1.35%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Axfood AB

Historical PBR trend

Valuation ratios - PBR - Axfood AB

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Axfood AB

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Axfood AB


Year-on-year evolution of the Yield

Valuation ratios - Yield - Axfood AB