Company Valuation: CellaVision AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,757 5,462 5,057 5,188 3,749 3,263 - -
Change - -29.58% -7.42% 2.59% -27.72% -12.98% - -
Enterprise Value (EV) 1 7,763 5,456 5,000 5,065 3,587 3,045 2,997 2,932
Change - -29.71% -8.37% 1.31% -29.18% -15.12% -1.57% -2.17%
P/E 61.9x 46.2x 38.8x 36.9x 24.5x 22.5x 18.7x 16.3x
PBR 14.3x 8.51x 7.06x 6.36x 4.22x 3.31x 2.99x 2.68x
PEG - -8.36x 3.8x 4.58x 2.78x -4.3x 0.9x 1.1x
Capitalization / Revenue 13.7x 8.54x 7.47x 7.17x 4.94x 4.23x 3.78x 3.43x
EV / Revenue 13.7x 8.53x 7.38x 7x 4.73x 3.95x 3.48x 3.09x
EV / EBITDA 39.6x 27.5x 24.2x 23.2x 14.9x 13.3x 11.2x 9.71x
EV / EBIT 47.7x 34.5x 29.9x 28.5x 17.8x 16.6x 13.5x 11.5x
EV / FCF 68x 81.1x 45.1x 41.4x 31.4x 27.6x 24.1x 19.7x
FCF Yield 1.47% 1.23% 2.22% 2.42% 3.19% 3.62% 4.14% 5.07%
Dividend per Share 2 2 2 2.25 2.5 2.75 2.75 3.075 3.362
Rate of return 0.62% 0.87% 1.06% 1.15% 1.75% 2.01% 2.25% 2.46%
EPS 2 5.25 4.96 5.46 5.9 6.42 6.084 7.309 8.372
Distribution rate 38.1% 40.3% 41.2% 42.4% 42.8% 45.2% 42.1% 40.2%
Net sales 1 565.6 639.3 677.3 723.2 759 771.6 862.4 950.3
EBITDA 1 196.2 198.4 206.8 218.7 241.4 229 268.6 302
EBIT 1 162.7 158.3 167.1 177.7 202.1 183.9 222.7 254.9
Net income 1 125.3 118.3 130.3 140.7 153.1 144.9 174.1 199.4
Net Debt 1 6.368 -5.558 -56.94 -122.6 -162.6 -218.2 -265.9 -330.9
Reference price 2 325.20 229.00 212.00 217.50 157.20 136.80 136.80 136.80
Nbr of stocks (in thousands) 23,852 23,852 23,852 23,852 23,852 23,852 - -
Announcement Date 04/02/22 08/02/23 07/02/24 06/02/25 05/02/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.49x3.95x13.3x2.01% 341M
57x4.55x15.19x0.38% 15.48B
36.59x - - 2.21% 1.57B
18.53x2.66x8.95x2.12% 1.12B
-8.54x1.19x5.22x-.--% 932M
54.21x - - 0.83% 554M
45.29x - - - 444M
18.55x2.61x11.17x1.84% 382M
-14.87x - - - 335M
Average 25.47x 2.99x 10.77x 1.34% 2.35B
Weighted average by Cap. 47.86x 4.21x 14.18x 0.66%

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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