Company Valuation: Evolution AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 26,876 19,433 23,026 15,372 11,605 14,081 - -
Change - -27.69% 18.49% -33.24% -24.5% 21.33% - -
Enterprise Value (EV) 1 26,522 18,980 22,120 14,664 10,878 13,601 13,400 12,887
Change - -28.44% 16.55% -33.71% -25.81% 25.03% -1.48% -3.83%
P/E 46x 23.5x 21.9x 12.6x 11.1x 14.7x 13x 11.9x
PBR 8.42x 5.62x 5.74x 3.87x 2.85x 3.89x 3.59x 3.28x
PEG - 0.6x 0.8x 0.6x -1x 9.49x 1x 1.28x
Capitalization / Revenue 25.1x 13.3x 12.8x 7.45x 5.62x 6.76x 6.41x 6.07x
EV / Revenue 24.8x 13x 12.3x 7.11x 5.26x 6.53x 6.1x 5.56x
EV / EBITDA 36.1x 18.8x 17.5x 10.4x 7.97x 9.96x 9.28x 8.46x
EV / EBIT 40.6x 20.9x 19.4x 10.3x 8.65x 11.4x 10.6x 9.63x
EV / FCF 46.9x 24.3x 20.6x 12.6x 9.71x 12.6x 12.3x 11.2x
FCF Yield 2.13% 4.11% 4.86% 7.94% 10.3% 7.96% 8.13% 8.94%
Dividend per Share 2 1.42 2 2.65 2.8 - 2.599 2.991 3.268
Rate of return 1.13% 2.19% 2.45% 3.76% - 3.33% 3.83% 4.18%
EPS 2 2.73 3.88 4.93 5.91 5.23 5.311 6.016 6.577
Distribution rate 52% 51.5% 53.8% 47.4% - 48.9% 49.7% 49.7%
Net sales 1 1,069 1,457 1,799 2,063 2,067 2,084 2,197 2,319
EBITDA 1 734.6 1,008 1,267 1,411 1,366 1,365 1,444 1,523
EBIT 1 654 908.1 1,143 1,420 1,257 1,190 1,265 1,338
Net income 1 605.4 843.4 1,071 1,244 1,062 1,007 1,071 1,121
Net Debt 1 -353.6 -453 -906.3 -708 -726.9 -479.7 -680.8 -1,193
Reference price 2 125.58 91.15 108.15 74.42 58.25 78.13 78.13 78.13
Nbr of stocks (in thousands) 214,010 213,205 212,911 206,562 199,227 180,227 - -
Announcement Date 2/9/22 A 2/2/23 A 2/1/24 A 1/30/25 A 2/5/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.66x6.51x9.93x3.34% 15.57B
25.74x6.54x15.33x1.52% 26.75B
15.83x2.81x7.7x2.95% 25.22B
14.47x2.46x8.69x5.19% 19.32B
-16.17x1.43x10.15x-.--% 14.86B
13.41x2.12x8.15x9.04% 11.53B
-21.14x1.64x48.81x-.--% 9.79B
23.3x2.47x8.44x1.29% 8.63B
16.33x0.67x2.7x-.--% 8.47B
Average 9.61x 2.96x 13.32x 2.59% 16B
Weighted average by Cap. 11.72x 3.45x 12.45x 2.73%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Evolution AB

Historical PBR trend

Valuation ratios - PBR - Evolution AB

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Evolution AB

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Evolution AB


Year-on-year evolution of the Yield

Valuation ratios - Yield - Evolution AB
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