Company Valuation: SEB S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,548 4,308 6,222 4,759 2,701 2,957 - -
Change - -42.93% 44.44% -23.51% -43.25% 9.5% - -
Enterprise Value (EV) 1 9,072 6,281 7,991 6,685 5,043 5,203 5,081 4,808
Change - -30.77% 27.23% -16.34% -24.57% 3.18% -2.35% -5.39%
P/E 16.4x 13.7x 16.2x 20.7x 11.1x 21.2x 7.59x 6.36x
PBR 2.52x 1.37x - 1.46x 0.83x 0.92x 0.87x 0.8x
PEG - -0.4x 0.7x -0.5x 2.13x -0.5x 0x 0.3x
Capitalization / Revenue 0.94x 0.54x 0.78x 0.58x 0.33x 0.36x 0.34x 0.33x
EV / Revenue 1.13x 0.79x 1x 0.81x 0.62x 0.63x 0.59x 0.54x
EV / EBITDA 8.71x 7.19x 8.11x 6.42x 5.9x 5.56x 4.96x 4.27x
EV / EBIT 11.7x 10.4x 11.4x 8.7x 8.65x 8.31x 6.95x 5.87x
EV / FCF 29.6x -314x 9.93x 21.2x -293x 14.9x 11.1x 9.33x
FCF Yield 3.37% -0.32% 10.1% 4.73% -0.34% 6.69% 8.97% 10.7%
Dividend per Share 2 2.45 2.45 2.62 2.8 2.8 2.769 2.89 3.176
Rate of return 1.79% 3.13% 2.32% 3.2% 5.68% 5.14% 5.36% 5.89%
EPS 2 8.36 5.71 6.97 4.23 4.45 2.541 7.105 8.474
Distribution rate 29.3% 42.9% 37.6% 66.2% 62.9% 109% 40.7% 37.5%
Net sales 1 8,059 7,960 8,006 8,266 8,169 8,304 8,602 8,924
EBITDA 1 1,041 874 985 1,042 854 935.7 1,025 1,125
EBIT 1 773.9 602.7 701.8 768.8 582.9 625.8 730.6 818.6
Net income 1 453.8 316.2 386.2 232 244.6 140.8 381.6 447.2
Net Debt 1 1,524 1,973 1,769 1,926 2,342 2,246 2,124 1,850
Reference price 2 136.90 78.25 113.00 87.50 49.30 53.90 53.90 53.90
Nbr of stocks (in thousands) 55,135 55,050 55,061 54,393 54,784 54,868 - -
Announcement Date 2/24/22 A 2/22/23 A 2/21/24 A 2/27/25 A 2/25/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.06x0.63x5.54x5.14% 3.3B
14.56x1.46x11.82x5.03% 108B
8.78x1.18x6.02x6.95% 32.3B
34.28x3.8x20.87x0.93% 29.3B
10.58x0.53x5.14x5.59% 26.91B
49.46x3.83x33.61x0.66% 11.88B
25.99x4.95x17.16x2.82% 7.92B
17.49x1.43x8.4x2.27% 7.2B
10.45x1.69x6.71x3.18% 5.47B
16.98x1.4x12.77x5.16% 5.11B
Average 20.96x 2.09x 12.80x 3.77% 23.72B
Weighted average by Cap. 18.03x 1.83x 12.37x 4.43%

Y-o-Y evolution of P/E

Valuation ratios - P/E - SEB S.A.

Historical PBR trend

Valuation ratios - PBR - SEB S.A.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - SEB S.A.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - SEB S.A.


Year-on-year evolution of the Yield

Valuation ratios - Yield - SEB S.A.