Company Valuation: Sagax

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 101,048 78,649 97,299 80,428 71,103 63,008 - -
Change - -22.17% 23.71% -17.34% -11.59% -11.38% - -
Enterprise Value (EV) 1 127,317 109,965 127,614 115,275 109,733 106,840 106,953 106,794
Change - -13.63% 16.05% -9.67% -4.81% -2.64% 0.11% -0.15%
P/E - - - - - 12.5x 11.9x 11.7x
PBR - - - - - 1.19x 1.09x 1x
PEG - - - - - - 2.56x 5.37x
Capitalization / Revenue 32.4x 21.1x 22.5x 15.9x 13.2x 11.2x 10.5x 10.1x
EV / Revenue 40.8x 29.5x 29.6x 22.8x 20.3x 19x 17.8x 17.1x
EV / EBITDA 52.5x 38.5x 37.9x 28.8x 25.8x 24.4x 22.6x 21.6x
EV / EBIT 24.8x 30.3x 29.6x 22.5x 20.5x 18.3x 17.8x 17x
EV / FCF -56.9x 43.8x 47.9x 51.9x 41.6x 405x 39.3x 36.9x
FCF Yield -1.76% 2.28% 2.09% 1.93% 2.4% 0.25% 2.55% 2.71%
Dividend per Share 2 - - - - 3.7 3.734 3.92 4.044
Rate of return - - - - 1.89% 2.18% 2.29% 2.37%
EPS 2 - - - - - 13.71 14.35 14.66
Distribution rate - - - - - 27.2% 27.3% 27.6%
Net sales 1 3,123 3,727 4,318 5,063 5,402 5,609 6,004 6,241
EBITDA 1 2,426 2,858 3,369 4,004 4,254 4,374 4,725 4,953
EBIT 1 5,144 3,624 4,306 5,112 5,362 5,846 6,006 6,294
Net income 1 9,807 2,718 -13 5,255 4,048 4,512 3,991 4,098
Net Debt 1 26,269 31,316 30,315 34,847 38,630 43,832 43,945 43,786
Reference price 2 303.00 239.00 274.00 225.00 196.00 171.00 171.00 171.00
Nbr of stocks (in thousands) 443,915 444,281 464,596 464,686 464,709 494,709 - -
Announcement Date 11/02/22 17/02/23 22/02/24 21/02/25 09/02/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 19.05x24.43x2.18% 6.56B
5.97x16.62x20.8x5.37% 7.75B
10.88x12.36x15.44x2.44% 3.14B
14.29x7.52x18.31x4.3% 2.18B
10.77x - - - 1.65B
8.91x3.36x8.74x4.22% 1.16B
14.04x15.88x18.44x1.14% 1.03B
8.78x12.08x23.81x-.--% 782M
12.54x16.42x18.68x4.3% 669M
11.76x12.94x17.68x-.--% 583M
Average 10.88x 12.91x 18.48x 2.66% 2.55B
Weighted average by Cap. 9.30x 14.97x 20.14x 3.43%

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

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