Company Valuation: JM AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 28,051 11,352 11,450 10,766 8,986 7,554 - -
Change - -59.53% 0.86% -5.97% -16.54% -15.94% - -
Enterprise Value (EV) 1 32,454 17,997 25,817 21,998 19,189 20,170 21,875 24,374
Change - -44.55% 43.45% -14.79% -12.77% 5.11% 8.45% 11.42%
P/E 15.8x 7.35x 26.5x 43.6x 144x 29.2x 12.8x 8.69x
PBR 3.37x 1.27x 1.37x 1.32x 1.13x 0.93x 0.89x 0.83x
PEG - -0.76x -0.4x -1x -1.9x 0x 0x 0.2x
Capitalization / Revenue 1.92x 0.69x 0.83x 0.86x 0.9x 0.65x 0.59x 0.52x
EV / Revenue 2.22x 1.1x 1.86x 1.76x 1.92x 1.74x 1.72x 1.69x
EV / EBITDA 13.9x 8.9x 17.1x 31.8x 58.9x 40.4x 24.1x 19.4x
EV / EBIT 14.6x 8.72x 35.3x 41.4x 64.6x 39.4x 24.4x 19.5x
EV / FCF -33.2x - 24.5x 6.47x 385x 64x -62.3x 89x
FCF Yield -3.01% - 4.09% 15.5% 0.26% 1.56% -1.6% 1.12%
Dividend per Share 2 13.5 14 3 3.25 2 2.667 4.667 7
Rate of return 3.3% 8.13% 1.69% 1.95% 1.44% 2.28% 3.99% 5.98%
EPS 2 25.9 23.4 6.7 3.83 0.97 4.007 9.137 13.47
Distribution rate 52.1% 59.8% 44.8% 84.9% 206% 66.6% 51.1% 52%
Net sales 1 14,608 16,385 13,851 12,507 9,981 11,582 12,749 14,406
EBITDA 1 2,329 2,021 1,510 692 326 498.7 907 1,259
EBIT 1 2,216 2,064 732 531 297 511.7 898 1,249
Net income 1 1,798 1,575 433 246 63 259.3 591 869.3
Net Debt 1 4,403 6,645 14,367 11,232 10,203 12,616 14,321 16,820
Reference price 2 408.60 172.10 177.50 166.90 139.30 117.10 117.10 117.10
Nbr of stocks (in thousands) 68,652 65,961 64,505 64,505 64,505 64,505 - -
Announcement Date 2/2/22 A 2/1/23 A 1/30/24 A 1/31/25 A 1/30/26 A - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.82x1.23x9.48x1.34% 37.38B
10.87x1.26x7.59x0.95% 20.5B
15.15x0.67x10.42x2.72% 17.47B
9.82x0.91x8.68x4.07% 17.04B
16x1.61x11.02x-.--% 15.28B
9.7x0.81x8.76x4.3% 13.78B
10.26x1.23x7.49x0.79% 12.02B
13x0.8x6.42x3.23% 6.45B
Average 12.20x 1.07x 8.73x 2.17% 17.49B
Weighted average by Cap. 12.29x 1.11x 9.01x 1.97%

Y-o-Y evolution of P/E

Valuation ratios - P/E - JM AB

Historical PBR trend

Valuation ratios - PBR - JM AB

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - JM AB

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - JM AB


Year-on-year evolution of the Yield

Valuation ratios - Yield - JM AB