Company Valuation: Ependion AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,244 3,184 3,635 2,821 3,633 5,120 - -
Change - 41.88% 14.18% -22.4% 28.8% 40.93% - -
Enterprise Value (EV) 1 2,875 3,918 4,348 3,503 4,325 5,725 5,561 5,295
Change - 36.26% 10.99% -19.44% 23.48% 32.36% -2.86% -4.78%
P/E 62.9x 21.8x 18.1x 17.8x 24x 24.7x 18.2x 14.9x
PBR 3.08x 3.22x 3.14x 2.12x 2.23x 2.83x 2.52x 2.24x
PEG - 0x 0.5x -0.8x -1.7x 0.7x 0.5x 0.7x
Capitalization / Revenue 1.39x 1.5x 1.47x 1.25x 1.63x 1.94x 1.74x 1.59x
EV / Revenue 1.78x 1.84x 1.76x 1.55x 1.94x 2.17x 1.89x 1.64x
EV / EBITDA 13.2x 11x 9.17x 8.19x 10x 10.3x 8.52x 7.23x
EV / EBIT 42.1x 19.5x 13.5x 14x 18.6x 17.7x 13.5x 11.1x
EV / FCF -30.8x 51.3x 42.5x 14.9x 22.2x 27.5x 20.9x 16.7x
FCF Yield -3.25% 1.95% 2.36% 6.72% 4.5% 3.64% 4.79% 5.98%
Dividend per Share 2 0.5 0.5 1 1.25 1.5 2 2.5 3.18
Rate of return 0.64% 0.45% 0.8% 1.29% 1.33% 1.26% 1.57% 2%
EPS 2 1.24 5.07 6.93 5.45 4.7 6.44 8.745 10.64
Distribution rate 40.3% 9.86% 14.4% 22.9% 31.9% 31.1% 28.6% 29.9%
Net sales 1 1,619 2,128 2,471 2,258 2,232 2,636 2,940 3,224
EBITDA 1 218 354.8 474 427.5 432.5 556.3 652.4 731.9
EBIT 1 68.27 201.1 321.7 250.9 232.1 323.8 410.6 477.7
Net income 1 35.76 146.1 200.4 157 146.7 219.3 287.7 343.7
Net Debt 1 631.2 734 713 682 692 604.5 441 175
Reference price 2 78.00 110.40 125.60 97.10 113.00 158.80 158.80 158.80
Nbr of stocks (in thousands) 28,768 28,837 28,941 29,050 32,152 32,243 - -
Announcement Date 27/1/22 25/1/23 25/1/24 31/1/25 26/1/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.66x2.17x10.29x1.26% 519M
-29.11x25.28x738.81x - 27.36B
18.95x1.06x11.68x1.54% 20.65B
22.43x0.75x17.55x0.54% 10.31B
-1.32x2.02x8.41x-.--% 5.45B
43.93x - - - 3.09B
34.83x3.75x22.62x2.09% 2.81B
26.4x - - 0.33% 2.39B
Average 17.60x 5.84x 134.89x 0.96% 9.07B
Weighted average by Cap. 1.77x 11.09x 309.24x 1.06%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Ependion AB

Historical PBR trend

Valuation ratios - PBR - Ependion AB

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Ependion AB

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Ependion AB


Year-on-year evolution of the Yield

Valuation ratios - Yield - Ependion AB
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