Company Valuation: Essity AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 207,509 191,871 175,494 205,499 181,162 191,223 - -
Change - -7.54% -8.54% 17.1% -11.84% 5.55% - -
Enterprise Value (EV) 1 262,942 254,740 229,197 236,268 207,705 220,010 216,322 212,228
Change - -3.12% -10.03% 3.09% -12.09% 5.92% -1.68% -1.89%
P/E 24.1x 34.5x 18.4x 9.91x 14.4x 16.3x 14.2x 13.2x
PBR 3.46x 2.85x 2.48x 2.34x 2.13x 2.06x 1.94x 1.79x
PEG - -1x 0.3x 0x -0.4x -2.87x 1x 1.66x
Capitalization / Revenue 1.7x 1.23x 1.19x 1.41x 1.31x 1.36x 1.31x 1.28x
EV / Revenue 2.16x 1.63x 1.56x 1.62x 1.5x 1.56x 1.48x 1.42x
EV / EBITDA 13.1x 12.5x 9.16x 8.91x 8.07x 8.89x 8.11x 7.58x
EV / EBIT 20.5x 21.3x 12.9x 12.3x 11.2x 12.5x 11.1x 10.2x
EV / FCF 36x 43x 18.7x 24.2x 24.8x 21.1x 17.6x 15.9x
FCF Yield 2.78% 2.33% 5.33% 4.14% 4.03% 4.74% 5.69% 6.28%
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% 3.25% 3.45% 3.63%
EPS 2 12.27 7.93 13.6 29.83 18.37 17.33 19.85 21.43
Distribution rate 57% 91.4% 57% 27.7% 47.6% 52.9% 49% 47.8%
Net sales 1 121,867 156,173 147,147 145,546 138,494 140,877 146,015 149,423
EBITDA 1 20,040 20,390 25,024 26,517 25,722 24,734 26,683 28,004
EBIT 1 12,828 11,942 17,789 19,234 18,531 17,600 19,492 20,706
Net income 1 8,620 5,567 9,554 20,888 12,656 11,800 13,326 14,304
Net Debt 1 55,433 62,869 53,703 30,769 26,543 28,787 25,099 21,005
Reference price 2 295.40 273.30 250.00 295.70 265.20 282.20 282.20 282.20
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
21.15x4.09x14.92x3.04% 339B
17.95x2.73x12.06x3.51% 136B
25.37x3.79x15.92x2.28% 74.35B
43.47x7.01x30.4x2.12% 51.75B
20.23x2.82x11.83x4.39% 36.94B
85.45x2.51x15.15x1.59% 31.96B
23.85x1.75x11.16x2.14% 20.96B
21.5x1.4x8.94x1.21% 20.47B
16.29x1.56x8.89x3.25% 20.18B
Average 30.58x 3.07x 14.36x 2.61% 81.24B
Weighted average by Cap. 25.28x 3.67x 15.00x 2.92%

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