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 8,218 - -
Change - -59.53% 0.86% -5.97% -16.54% -8.54% - -
Enterprise Value (EV) 1 32,454 17,997 25,817 21,998 19,189 20,971 23,076 25,652
Change - -44.55% 43.45% -14.79% -12.77% 9.29% 10.04% 11.16%
P/E 15.8x 7.35x 26.5x 43.6x 144x 30x 14.6x 9.77x
PBR 3.37x 1.27x 1.37x 1.32x 1.13x 1.01x 0.96x 0.89x
PEG - -0.76x -0.4x -1x -1.9x 0x 0x 0.2x
Capitalization / Revenue 1.92x 0.69x 0.83x 0.86x 0.9x 0.71x 0.63x 0.55x
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 38x 26.3x 20.8x
EV / EBIT 14.6x 8.72x 35.3x 41.4x 64.6x 39.3x 26.5x 21x
EV / FCF -33.2x - 24.5x 6.47x 385x 66.6x -65.7x 93.6x
FCF Yield -3.01% - 4.09% 15.5% 0.26% 1.5% -1.52% 1.07%
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% 2.06% 3.73% 5.49%
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 2 408.60 172.10 177.50 166.90 139.30 127.40 127.40 127.40
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.($)
29.75x1.8x37.89x2.08% 858M
14.45x1.37x10.5x1.19% 42.18B
13.01x - - 0.77% 24.82B
10.36x0.94x8.98x3.91% 17.74B
11.98x1.46x8.69x0.67% 14.29B
10.1x0.83x9.06x4.23% 13.94B
13.76x0.84x6.77x3.05% 6.82B
14.29x0.63x6.35x1.83% 6.02B
10.01x0.78x11.07x3.74% 5.15B
Average 14.19x 1.08x 12.41x 2.39% 14.65B
Weighted average by Cap. 12.78x 1.14x 9.59x 1.97%

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