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 8,740 - -
Change - -59.53% 0.86% -5.97% -16.54% -2.73% - -
Enterprise Value (EV) 1 32,454 17,997 25,817 21,998 19,189 21,582 23,387 25,712
Change - -44.55% 43.45% -14.79% -12.77% 12.48% 8.36% 9.94%
P/E 15.8x 7.35x 26.5x 43.6x 144x 25.4x 13.8x 9.88x
PBR 3.37x 1.27x 1.37x 1.32x 1.13x 1.06x 1.01x 0.94x
PEG - -0.76x -0.4x -1x -1.9x 0x 0.2x 0.3x
Capitalization / Revenue 1.92x 0.69x 0.83x 0.86x 0.9x 0.74x 0.67x 0.59x
EV / Revenue 2.22x 1.1x 1.86x 1.76x 1.92x 1.84x 1.78x 1.74x
EV / EBITDA 13.9x 8.9x 17.1x 31.8x 58.9x 36.2x 24.2x 20.1x
EV / EBIT 14.6x 8.72x 35.3x 41.4x 64.6x 37.4x 24.4x 20.2x
EV / FCF -33.2x - 24.5x 6.47x 385x 54.2x 128x 50.8x
FCF Yield -3.01% - 4.09% 15.5% 0.26% 1.84% 0.78% 1.97%
Dividend per Share 2 13.5 14 3 3.25 2 2.625 4.75 7
Rate of return 3.3% 8.13% 1.69% 1.95% 1.44% 1.94% 3.51% 5.17%
EPS 2 25.9 23.4 6.7 3.83 0.97 5.333 9.847 13.71
Distribution rate 52.1% 59.8% 44.8% 84.9% 206% 49.2% 48.2% 51%
Net sales 1 14,608 16,385 13,851 12,507 9,981 11,747 13,125 14,748
EBITDA 1 2,329 2,021 1,510 692 326 595.5 965.3 1,280
EBIT 1 2,216 2,064 732 531 297 576.7 958.3 1,272
Net income 1 1,798 1,575 433 246 63 356 636.3 884.9
Net Debt 1 4,403 6,645 14,367 11,232 10,203 12,842 14,646 16,972
Reference price 2 408.60 172.10 177.50 166.90 139.30 135.50 135.50 135.50
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.79x1.82x35.89x1.99% 880M
15.41x1.45x11.2x1.1% 46.19B
13.69x - - 0.74% 26.14B
10.54x0.9x8.35x3.98% 16.83B
12.92x1.56x9.31x0.62% 15.4B
9.93x0.83x8.88x4.29% 13.49B
13.66x - - -.--% 6.7B
13.35x0.81x6.54x3.16% 6.44B
11.16x0.57x5.65x5.02% 5.22B
9.16x0.76x10.54x3.7% 5.09B
Average 13.46x 1.09x 12.05x 2.46% 14.24B
Weighted average by Cap. 13.23x 1.20x 9.84x 1.91%

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