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 8,450 - -
Change - -59.53% 0.86% -5.97% -16.54% -5.96% - -
Enterprise Value (EV) 1 32,454 17,997 25,817 21,998 19,189 21,292 23,097 25,422
Change - -44.55% 43.45% -14.79% -12.77% 10.96% 8.47% 10.07%
P/E 15.8x 7.35x 26.5x 43.6x 144x 24.6x 13.3x 9.57x
PBR 3.37x 1.27x 1.37x 1.32x 1.13x 1.03x 0.97x 0.91x
PEG - -0.76x -0.4x -1x -1.9x 0x 0.2x 0.2x
Capitalization / Revenue 1.92x 0.69x 0.83x 0.86x 0.9x 0.72x 0.64x 0.57x
EV / Revenue 2.22x 1.1x 1.86x 1.76x 1.92x 1.81x 1.76x 1.72x
EV / EBITDA 13.9x 8.9x 17.1x 31.8x 58.9x 35.8x 23.9x 19.9x
EV / EBIT 14.6x 8.72x 35.3x 41.4x 64.6x 36.9x 24.1x 20x
EV / FCF -33.2x - 24.5x 6.47x 385x 53.5x 126x 50.2x
FCF Yield -3.01% - 4.09% 15.5% 0.26% 1.87% 0.79% 1.99%
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% 3.63% 5.34%
EPS 2 25.9 23.4 6.7 3.83 0.97 5.328 9.822 13.69
Distribution rate 52.1% 59.8% 44.8% 84.9% 206% 49.3% 48.4% 51.1%
Net sales 1 14,608 16,385 13,851 12,507 9,981 11,747 13,125 14,748
EBITDA 1 2,329 2,021 1,510 692 326 595.5 965.3 1,280
EBIT 1 2,216 2,064 732 531 297 576.7 958.3 1,272
Net income 1 1,798 1,575 433 246 63 356 636.3 884.9
Net Debt 1 4,403 6,645 14,367 11,232 10,203 12,842 14,646 16,972
Reference price 2 408.60 172.10 177.50 166.90 139.30 131.00 131.00 131.00
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.($)
24.06x1.8x35.45x2.05% 847M
15.75x1.48x11.43x1.08% 47.22B
13.54x1.56x9.34x0.74% 25.85B
10.31x0.89x8.26x4.07% 16.54B
12.63x1.53x9.12x0.64% 15.05B
9.42x0.8x8.6x4.52% 12.85B
13.7x1.15x9.41x-.--% 6.72B
12.69x0.78x6.24x3.33% 6.14B
11.37x0.58x5.69x5.08% 5.18B
8.91x0.75x10.42x3.81% 4.98B
Average 13.24x 1.13x 11.40x 2.53% 14.14B
Weighted average by Cap. 13.22x 1.27x 9.75x 1.93%

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