Company Valuation: Essity AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 207,509 191,871 175,494 205,499 181,162 189,336 - -
Change - -7.54% -8.54% 17.1% -11.84% 4.51% - -
Enterprise Value (EV) 1 262,942 254,740 229,197 236,268 207,705 218,128 214,440 210,346
Change - -3.12% -10.03% 3.09% -12.09% 5.02% -1.69% -1.91%
P/E 24.1x 34.5x 18.4x 9.91x 14.4x 16.1x 14.1x 13x
PBR 3.46x 2.85x 2.48x 2.34x 2.13x 2.04x 1.92x 1.77x
PEG - -1x 0.3x 0x -0.4x -2.86x 1x 1.64x
Capitalization / Revenue 1.7x 1.23x 1.19x 1.41x 1.31x 1.34x 1.3x 1.27x
EV / Revenue 2.16x 1.63x 1.56x 1.62x 1.5x 1.55x 1.47x 1.41x
EV / EBITDA 13.1x 12.5x 9.16x 8.91x 8.07x 8.82x 8.04x 7.51x
EV / EBIT 20.5x 21.3x 12.9x 12.3x 11.2x 12.4x 11x 10.2x
EV / FCF 36x 43x 18.7x 24.2x 24.8x 20.9x 17.4x 15.8x
FCF Yield 2.78% 2.33% 5.33% 4.14% 4.03% 4.78% 5.74% 6.34%
Dividend per Share 2 7 7.25 7.75 8.25 8.75 9.163 9.726 10.25
Rate of return 2.37% 2.65% 3.1% 2.79% 3.3% 3.28% 3.48% 3.67%
EPS 2 12.27 7.93 13.6 29.83 18.37 17.34 19.85 21.43
Distribution rate 57% 91.4% 57% 27.7% 47.6% 52.9% 49% 47.8%
Net sales 1 121,867 156,173 147,147 145,546 138,494 140,922 146,061 149,478
EBITDA 1 20,040 20,390 25,024 26,517 25,722 24,743 26,685 28,007
EBIT 1 12,828 11,942 17,789 19,234 18,531 17,607 19,492 20,707
Net income 1 8,620 5,567 9,554 20,888 12,656 11,806 13,326 14,304
Net Debt 1 55,433 62,869 53,703 30,769 26,543 28,792 25,103 21,010
Reference price 2 295.40 273.30 250.00 295.70 265.20 279.30 279.30 279.30
Nbr of stocks (in thousands) 702,342 702,342 702,342 694,998 683,049 677,755 - -
Announcement Date 26/01/22 26/01/23 25/01/24 23/01/25 22/01/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.93x4.26x15.61x2.86% 347B
20.02x2.89x12.8x3.29% 143B
25.16x3.77x15.85x2.27% 74.2B
42.14x6.77x29.38x2.19% 49.75B
20.73x2.9x12.03x4.3% 37.92B
81.96x2.43x14.62x1.66% 30.66B
18.7x1.36x8.15x1.26% 20.07B
21.99x1.58x10.12x2.35% 18.35B
45.29x6.56x31.33x1.59% 11.43B
Average 33.10x 3.61x 16.66x 2.42% 81.36B
Weighted average by Cap. 25.99x 3.86x 15.70x 2.79%

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