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 58,051 - -
Change - 13.31% -4.52% -14.3% 24.12% -7.36% - -
Enterprise Value (EV) 1 62,091 70,681 68,246 65,345 77,258 72,826 72,179 72,034
Change - 13.83% -3.44% -4.25% 18.23% -5.74% -0.89% -0.2%
P/E 25.4x 26x 25.1x 23.1x 26.9x 23.4x 20.9x 19.8x
PBR 11x 9.34x 8.61x 7.19x 8.35x 7.65x 6.92x 6.27x
PEG - 3.55x -22.99x -3.3x 4x 3.52x 1.8x 3.52x
Capitalization / Revenue 0.94x 0.84x 0.73x 0.6x 0.7x 0.64x 0.61x 0.59x
EV / Revenue 1.07x 0.96x 0.84x 0.78x 0.87x 0.8x 0.76x 0.73x
EV / EBITDA 12.2x 12.4x 10.8x 9.8x 10.1x 9.18x 8.59x 8.26x
EV / EBIT 23.1x 21.9x 18.9x 19x 20.9x 19.2x 17.5x 16.6x
EV / FCF 22.5x 21.2x 17.7x 16.7x 15.4x 20.9x 15.7x 16.7x
FCF Yield 4.45% 4.72% 5.66% 6% 6.5% 4.79% 6.35% 5.99%
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% 3.52% 3.72% 3.86%
EPS 2 10.24 10.99 10.87 10.11 10.79 11.51 12.87 13.59
Distribution rate 75.7% 74.2% 78.2% 86.5% 83.4% 82.4% 77.7% 76.5%
Net sales 1 57,891 73,474 81,111 84,057 89,152 91,175 94,788 98,139
EBITDA 1 5,103 5,716 6,345 6,665 7,649 7,933 8,405 8,716
EBIT 1 2,690 3,229 3,602 3,433 3,688 3,800 4,127 4,327
Net income 1 2,150 2,360 2,357 2,192 2,339 2,520 2,818 2,975
Net Debt 1 7,640 8,982 9,339 14,861 14,598 14,775 14,128 13,983
Reference price 2 260.40 285.90 273.00 234.00 290.20 268.90 268.90 268.90
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
Average
Weighted average by Cap.

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