Company Valuation: SSAB AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 49,048 56,651 77,942 44,075 69,667 102,908 - -
Change - 15.5% 37.58% -43.45% 58.06% 47.71% - -
Enterprise Value (EV) 1 46,702 42,364 59,736 26,298 58,071 96,061 106,466 112,857
Change - -9.29% 41.01% -55.98% 120.82% 65.42% 10.83% 6%
P/E 3.68x -5.39x 6.05x 6.88x 14.3x 13.9x 10.7x 11.5x
PBR 0.74x 0.87x 1.16x 0.63x 1.04x 1.38x 1.27x 1.19x
PEG - 0x -0x -0.1x -0.6x 0.3x 0.4x -1.81x
Capitalization / Revenue 0.51x 0.44x 0.65x 0.43x 0.72x 0.98x 0.91x 0.9x
EV / Revenue 0.49x 0.33x 0.5x 0.25x 0.6x 0.92x 0.94x 0.98x
EV / EBITDA 2.11x 1.3x 2.97x 2.18x 5.7x 6.94x 6.26x 6.77x
EV / EBIT 2.48x 1.45x 3.63x 3.35x 9.49x 9.97x 8.57x 9.51x
EV / FCF 4.06x 3.21x 4.01x 7.14x -16.8x -49.9x -16.6x -42.4x
FCF Yield 24.6% 31.2% 25% 14% -5.95% -2% -6.02% -2.36%
Dividend per Share 2 5.25 8.7 5 2 2 2.837 3.586 3.222
Rate of return 10% 15.3% 6.52% 4.45% 2.84% 2.76% 3.49% 3.13%
EPS 2 14.24 -10.57 12.67 6.54 4.92 7.411 9.572 8.964
Distribution rate 36.9% -82.3% 39.5% 30.6% 40.7% 38.3% 37.5% 35.9%
Net sales 1 95,891 128,745 119,489 103,418 96,220 104,565 113,193 114,950
EBITDA 1 22,094 32,675 20,141 12,069 10,189 13,847 17,004 16,674
EBIT 1 18,837 29,283 16,467 7,860 6,116 9,638 12,430 11,865
Net income 1 14,662 -10,886 13,029 6,522 4,902 7,491 9,644 9,197
Net Debt 1 -2,346 -14,287 -18,206 -17,777 -11,596 -6,846 3,558 9,950
Reference price 2 52.44 56.94 76.68 44.97 70.48 102.80 102.80 102.80
Nbr of stocks (in thousands) 1,029,835 1,029,835 1,012,743 996,618 996,618 996,618 - -
Announcement Date 1/28/22 A 1/27/23 A 1/31/24 A 1/29/25 A 1/28/26 A - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.87x0.92x6.94x2.76% 10.77B
14.29x1.57x8.19x0.85% 59.55B
17.27x0.97x7.88x0.82% 57.54B
14.61x1.59x9.39x0.86% 35.26B
13.15x1.17x7.07x2.28% 24.25B
34.86x6.67x22.71x0.18% 23.17B
13.19x0.79x7.29x3.42% 23.67B
12.38x0.56x5.45x2.91% 19.05B
13.72x4.09x10.66x0.05% 11.01B
-19.82x0.14x3.05x1.05% 10.33B
Average 12.75x 1.85x 8.86x 1.52% 27.46B
Weighted average by Cap. 15.04x 1.73x 8.99x 1.33%

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