Company Valuation: Trelleborg AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 64,461 61,984 82,199 87,992 88,518 103,247 - -
Change - -3.84% 32.61% 7.05% 0.6% 16.64% - -
Enterprise Value (EV) 1 72,828 83,213 79,950 94,391 95,624 110,789 110,474 109,465
Change - 14.26% -3.92% 18.06% 1.31% 15.86% -0.28% -0.91%
P/E 17.3x 12.1x 8.39x 24.1x 24.9x 24.7x 21.1x 19x
PBR 1.95x 1.65x 1.97x 2.12x 2.42x 2.71x 2.54x 2.38x
PEG - 0.3x 0x -0.4x 130.56x 1.3x 1.2x 1.7x
Capitalization / Revenue 1.9x 2.06x 2.4x 2.58x 2.58x 2.84x 2.66x 2.54x
EV / Revenue 2.15x 2.77x 2.33x 2.76x 2.79x 3.05x 2.84x 2.7x
EV / EBITDA 10.6x 12.9x 10.9x 12.5x 12.2x 13.2x 11.9x 11.2x
EV / EBIT 14.1x 16.4x 14.5x 16.8x 16.8x 17.5x 15.6x 14.5x
EV / FCF 21.4x 31.8x 22.4x 29.6x 26.5x 31.1x 22.3x 19.7x
FCF Yield 4.67% 3.15% 4.47% 3.38% 3.78% 3.22% 4.48% 5.08%
Dividend per Share 2 5.5 6 6.75 7.5 8 8.575 9.418 10.06
Rate of return 2.31% 2.49% 2% 1.98% 2.04% 1.85% 2.03% 2.17%
EPS 2 13.71 19.94 40.24 15.73 15.76 18.8 22.01 24.44
Distribution rate 40.1% 30.1% 16.8% 47.7% 50.8% 45.6% 42.8% 41.1%
Net sales 1 33,864 30,095 34,286 34,170 34,329 36,350 38,860 40,588
EBITDA 1 6,864 6,475 7,368 7,549 7,808 8,364 9,269 9,813
EBIT 1 5,151 5,066 5,518 5,602 5,706 6,343 7,066 7,551
Net income 1 3,716 5,260 10,075 3,736 3,596 4,194 4,843 5,303
Net Debt 1 8,367 21,229 -2,249 6,399 7,106 7,542 7,227 6,218
Reference price 2 237.80 240.80 337.60 378.60 392.70 464.00 464.00 464.00
Nbr of stocks (in thousands) 271,072 257,409 243,479 232,413 225,409 222,516 - -
Announcement Date 04/02/22 27/01/23 02/02/24 28/01/25 29/01/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.68x3.05x13.25x1.85% 10.47B
14.5x - - - 13.25B
303.04x61.7x206.83x0.13% 7.91B
19.36x1.8x10.61x2% 6.56B
17.69x2.15x9.51x-.--% 6.62B
179.06x30.81x103.67x0.12% 6.29B
89.49x7.76x33.84x0.39% 3.73B
34.2x4.02x17.83x1% 3.7B
31.85x - - - 2.61B
Average 79.32x 15.90x 56.51x 0.78% 6.79B
Weighted average by Cap. 77.86x 17.30x 60.75x 0.87%

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

  1. Stock Market
  2. Stocks
  3. TREL B Stock
  4. Valuation Trelleborg AB
-40%: Exceptional extension
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