Company Valuation: JM AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 28,051 11,352 11,450 10,766 8,986 8,302 - -
Change - -59.53% 0.86% -5.97% -16.54% -7.61% - -
Enterprise Value (EV) 1 32,454 17,997 25,817 21,998 19,189 21,055 23,160 25,736
Change - -44.55% 43.45% -14.79% -12.77% 9.73% 10% 11.12%
P/E 15.8x 7.35x 26.5x 43.6x 144x 30.3x 14.7x 9.87x
PBR 3.37x 1.27x 1.37x 1.32x 1.13x 1.02x 0.97x 0.9x
PEG - -0.76x -0.4x -1x -1.9x 0x 0x 0.2x
Capitalization / Revenue 1.92x 0.69x 0.83x 0.86x 0.9x 0.72x 0.63x 0.56x
EV / Revenue 2.22x 1.1x 1.86x 1.76x 1.92x 1.81x 1.77x 1.72x
EV / EBITDA 13.9x 8.9x 17.1x 31.8x 58.9x 38.1x 26.4x 20.9x
EV / EBIT 14.6x 8.72x 35.3x 41.4x 64.6x 39.5x 26.6x 21x
EV / FCF -33.2x - 24.5x 6.47x 385x 66.8x -66x 93.9x
FCF Yield -3.01% - 4.09% 15.5% 0.26% 1.5% -1.52% 1.06%
Dividend per Share 2 13.5 14 3 3.25 2 2.625 4.75 7
Rate of return 3.3% 8.13% 1.69% 1.95% 1.44% 2.04% 3.69% 5.44%
EPS 2 25.9 23.4 6.7 3.83 0.97 4.253 8.742 13.04
Distribution rate 52.1% 59.8% 44.8% 84.9% 206% 61.7% 54.3% 53.7%
Net sales 1 14,608 16,385 13,851 12,507 9,981 11,607 13,077 14,929
EBITDA 1 2,329 2,021 1,510 692 326 552 878.2 1,232
EBIT 1 2,216 2,064 732 531 297 533.2 871.4 1,224
Net income 1 1,798 1,575 433 246 63 278 617 907.7
Net Debt 1 4,403 6,645 14,367 11,232 10,203 12,754 14,858 17,434
Reference price 2 408.60 172.10 177.50 166.90 139.30 128.70 128.70 128.70
Nbr of stocks (in thousands) 68,652 65,961 64,505 64,505 64,505 64,505 - -
Announcement Date 02/02/22 01/02/23 30/01/24 31/01/25 30/01/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.36x1.37x10.44x1.2% 41.92B
12.83x - - 0.78% 24.47B
10.47x0.95x9.04x3.87% 17.9B
11.68x1.43x8.5x0.68% 13.96B
10.1x0.83x9.06x4.23% 13.94B
13.69x0.84x6.74x3.06% 6.78B
14.71x0.65x6.57x1.78% 6.19B
11.94x0.96x7.45x5.09% 5.18B
10x0.78x11.06x3.74% 5.14B
Average 12.20x 0.97x 8.61x 2.72% 15.05B
Weighted average by Cap. 12.58x 1.12x 9.25x 2.1%

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