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 62,925 - -
Change - -22.17% 23.71% -17.34% -11.59% -11.5% - -
Enterprise Value (EV) 1 127,317 109,965 127,614 115,275 109,733 106,757 106,870 106,711
Change - -13.63% 16.05% -9.67% -4.81% -2.71% 0.11% -0.15%
P/E - - - - - 12.7x 12.1x 11.8x
PBR - - - - - 1.21x 1.1x 1.01x
PEG - - - - - - 2.61x 5.42x
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 21.5x
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 39.2x 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% 2.15% 2.26% 2.33%
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 2 303.00 239.00 274.00 225.00 196.00 173.50 173.50 173.50
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.($)
5.81x16.44x20.57x5.52% 7.55B
10.87x12.35x15.43x2.44% 3.12B
14.12x7.47x18.17x4.36% 2.14B
10.61x - - - 1.63B
8.77x3.33x8.64x4.28% 1.14B
13.98x15.85x18.4x1.15% 1.02B
8.78x12.08x23.81x-.--% 781M
12.43x16.33x18.59x4.34% 660M
Average 10.67x 11.98x 17.66x 3.15% 2.25B
Weighted average by Cap. 9.12x 13.33x 18.39x 4.11%

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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