Company Valuation: Swedbank AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 204,213 199,120 228,671 245,657 360,989 404,088 - -
Change - -2.49% 14.84% 7.43% 46.95% 11.94% - -
Enterprise Value (EV) 204,213 199,120 228,671 245,657 360,989 404,088 404,088 404,088
Change - -2.49% 14.84% 7.43% 46.95% 11.94% 0% 0%
P/E 9.81x 9.13x 6.72x 7.07x 11.1x 13.4x 12.1x 11.4x
PBR 1.26x 1.13x 1.15x 1.12x 1.6x 1.82x 1.77x 1.7x
PEG - 1.95x 0.1x 3.63x -1.82x -1.79x 1.1x 2.07x
Capitalization / Revenue 4.36x 3.74x 3.13x 3.32x 5.25x 5.69x 5.44x 5.22x
EV / Revenue 0x 0x 0x 0x 0x 5.69x 5.44x 5.22x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 9.84x 8.97x 8.48x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 9.25 9.75 15.15 21.7 20.45 25.06 24.5 25.12
Rate of return 5.08% 5.5% 7.45% 9.94% 6.37% 6.97% 6.81% 6.99%
EPS 2 18.56 19.43 30.27 30.86 28.98 26.81 29.8 31.44
Distribution rate 49.8% 50.2% 50% 70.3% 70.6% 93.5% 82.2% 79.9%
Net sales 1 46,890 53,221 73,057 74,104 68,736 71,022 74,332 77,387
EBITDA - - - - - - - -
EBIT 1 26,043 31,806 48,957 48,728 44,203 41,048 45,038 47,637
Net income 1 20,871 21,877 34,128 34,869 32,759 30,414 33,554 35,193
Net Debt - - - - - - - -
Reference price 2 182.10 177.30 203.30 218.30 321.10 359.60 359.60 359.60
Nbr of stocks (in thousands) 1,121,434 1,123,071 1,124,796 1,125,318 1,124,226 1,123,715 - -
Announcement Date 02/02/22 31/01/23 24/01/24 23/01/25 29/01/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.41x - - 6.97% 41.92B
13.57x - - 1.85% 907B
13.12x - - 1.94% 430B
5.8x - - 5.35% 378B
12.39x - - 4.17% 344B
19.02x - - 2.24% 300B
5.44x - - 5.61% 286B
12.1x - - 2.18% 265B
5.81x - - 5.39% 264B
14.14x - - 2.8% 241B
Average 11.48x 3.85% 345.59B
Weighted average by Cap. 11.68x 3.24%

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