Company Valuation: SSAB AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 49,048 56,651 77,942 44,075 69,667 95,841 - -
Change - 15.5% 37.58% -43.45% 58.06% 37.57% - -
Enterprise Value (EV) 1 46,702 42,364 59,736 26,298 58,071 89,459 99,627 106,931
Change - -9.29% 41.01% -55.98% 120.82% 54.05% 11.37% 7.33%
P/E 3.68x -5.39x 6.05x 6.88x 14.3x 12.7x 10.5x 11.2x
PBR 0.74x 0.87x 1.16x 0.63x 1.04x 1.3x 1.2x 1.13x
PEG - 0x -0x -0.1x -0.6x 0.2x 0.5x -1.75x
Capitalization / Revenue 0.51x 0.44x 0.65x 0.43x 0.72x 0.92x 0.86x 0.85x
EV / Revenue 0.49x 0.33x 0.5x 0.25x 0.6x 0.85x 0.89x 0.94x
EV / EBITDA 2.11x 1.3x 2.97x 2.18x 5.7x 6.42x 6.05x 6.61x
EV / EBIT 2.48x 1.45x 3.63x 3.35x 9.49x 9.2x 8.35x 9.38x
EV / FCF 4.06x 3.21x 4.01x 7.14x -16.8x -47.7x -15x -35.6x
FCF Yield 24.6% 31.2% 25% 14% -5.95% -2.1% -6.66% -2.81%
Dividend per Share 2 5.25 8.7 5 2 2 2.915 3.435 3.078
Rate of return 10% 15.3% 6.52% 4.45% 2.84% 3.03% 3.57% 3.2%
EPS 2 14.24 -10.57 12.67 6.54 4.92 7.553 9.155 8.569
Distribution rate 36.9% -82.3% 39.5% 30.6% 40.7% 38.6% 37.5% 35.9%
Net sales 1 95,891 128,745 119,489 103,418 96,220 104,682 111,442 113,157
EBITDA 1 22,094 32,675 20,141 12,069 10,189 13,937 16,468 16,169
EBIT 1 18,837 29,283 16,467 7,860 6,116 9,726 11,931 11,401
Net income 1 14,662 -10,886 13,029 6,522 4,902 7,567 9,271 8,858
Net Debt 1 -2,346 -14,287 -18,206 -17,777 -11,596 -6,381 3,787 11,091
Reference price 2 52.44 56.94 76.68 44.97 70.48 96.18 96.18 96.18
Nbr of stocks (in thousands) 1,029,835 1,029,835 1,012,743 996,618 996,618 996,618 - -
Announcement Date 28/01/22 27/01/23 31/01/24 29/01/25 28/01/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.54x0.86x6.32x3.03% 9.98B
13.87x1.48x8.13x0.95% 53.72B
14.54x0.88x7.08x0.94% 50.59B
14.47x1.57x9.32x0.89% 34.41B
56.25x9.4x34.68x0.14% 29.2B
12.52x1.19x7.01x2.26% 24.13B
10.83x0.69x6.42x4.03% 19.19B
12.87x0.53x5.14x3.23% 15.44B
14.81x4.35x10.77x0.06% 10.91B
Average 18.08x 2.33x 10.54x 1.72% 27.51B
Weighted average by Cap. 18.65x 2.25x 10.83x 1.4%

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