Company Valuation: Essity

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 207,509 191,871 175,494 205,499 181,162 181,697 - -
Change - -7.54% -8.54% 17.1% -11.84% 0.3% - -
Enterprise Value (EV) 1 262,942 254,740 229,197 236,268 207,705 210,101 206,708 202,887
Change - -3.12% -10.03% 3.09% -12.09% 1.15% -1.62% -1.85%
P/E 24.1x 34.5x 18.4x 9.91x 14.4x 15.1x 13.6x 12.7x
PBR 3.46x 2.85x 2.48x 2.34x 2.13x 2.02x 1.88x 1.74x
PEG - -1x 0.3x 0x -0.4x -4.89x 1.2x 1.73x
Capitalization / Revenue 1.7x 1.23x 1.19x 1.41x 1.31x 1.3x 1.26x 1.23x
EV / Revenue 2.16x 1.63x 1.56x 1.62x 1.5x 1.51x 1.43x 1.37x
EV / EBITDA 13.1x 12.5x 9.16x 8.91x 8.07x 8.44x 7.8x 7.31x
EV / EBIT 20.5x 21.3x 12.9x 12.3x 11.2x 11.7x 10.6x 9.87x
EV / FCF 36x 43x 18.7x 24.2x 24.8x 20.6x 17.4x 15.7x
FCF Yield 2.78% 2.33% 5.33% 4.14% 4.03% 4.86% 5.74% 6.39%
Dividend per Share 2 7 7.25 7.75 8.25 - 9.185 9.705 10.23
Rate of return 2.37% 2.65% 3.1% 2.79% - 3.41% 3.6% 3.8%
EPS 2 12.27 7.93 13.6 29.83 18.37 17.8 19.77 21.22
Distribution rate 57% 91.4% 57% 27.7% - 51.6% 49.1% 48.2%
Net sales 1 121,867 156,173 147,147 145,546 138,494 139,513 144,346 147,869
EBITDA 1 20,040 20,390 25,024 26,517 25,722 24,893 26,493 27,744
EBIT 1 12,828 11,942 17,789 19,234 18,531 18,029 19,432 20,565
Net income 1 8,620 5,567 9,554 20,888 12,656 12,077 13,289 14,168
Net Debt 1 55,433 62,869 53,703 30,769 26,543 28,404 25,010 21,189
Reference price 2 295.40 273.30 250.00 295.70 265.20 269.30 269.30 269.30
Nbr of stocks (in thousands) 702,342 702,342 702,342 694,998 683,049 679,243 - -
Announcement Date 1/26/22 A 1/26/23 A 1/25/24 A 1/23/25 A 1/22/26 A - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.24x4.3x15.73x2.83% 351B
16.64x2.57x11.36x3.76% 126B
24.55x3.69x15.52x2.31% 72.48B
45.71x7.32x31.78x2.08% 54.71B
18.9x2.69x11.13x4.71% 34.58B
79.91x2.42x14.71x1.71% 29.83B
16.51x1.16x6.93x1.42% 18.16B
20.55x1.47x9.41x2.53% 17.44B
49.7x6.92x33.93x1.29% 11.06B
Average 32.75x 3.62x 16.72x 2.52% 79.47B
Weighted average by Cap. 25.76x 3.90x 15.81x 2.86%

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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