Company Valuation: Sweco AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 60,838 35,813 48,548 59,218 54,412 47,668 - -
Change - -41.13% 35.56% 21.98% -8.12% -12.39% - -
Enterprise Value (EV) 1 61,751 36,888 54,085 64,340 59,505 51,522 49,807 48,048
Change - -40.26% 46.62% 18.96% -7.52% -13.42% -3.33% -3.53%
P/E 40.7x 21.7x 29.1x 28.6x 24.5x 18.9x 16.7x 15.4x
PBR 7.08x 3.6x 4.6x 5x 2.77x 3.43x 3.1x 2.81x
PEG - 2.1x 33.54x 1.2x 3.44x 1.4x 1.3x 1.88x
Capitalization / Revenue 2.79x 1.47x 1.7x 1.93x 1.72x 1.4x 1.32x 1.26x
EV / Revenue 2.83x 1.52x 1.9x 2.1x 1.88x 1.52x 1.38x 1.27x
EV / EBITDA 26.9x 14.9x 19.2x 19x 16.3x 9.91x 9.43x 8.69x
EV / EBIT 31.3x 16.4x 22.4x 21.3x 18.6x 14.5x 12.6x 11.3x
EV / FCF 31.4x 16.7x 25.2x 17.4x 16.6x 18.1x 15.6x 14.4x
FCF Yield 3.19% 6% 3.97% 5.73% 6.04% 5.52% 6.42% 6.96%
Dividend per Share 2 2.45 2.7 2.95 3.3 3.7 3.947 4.335 4.696
Rate of return 1.44% 2.7% 2.18% 2% 2.45% 2.99% 3.28% 3.56%
EPS 2 4.18 4.61 4.65 5.75 6.16 6.976 7.901 8.546
Distribution rate 58.6% 58.6% 63.4% 57.4% 60.1% 56.6% 54.9% 54.9%
Net sales 1 21,792 24,296 28,523 30,676 31,586 33,959 36,004 37,755
EBITDA 1 2,294 2,481 2,811 3,384 3,661 5,201 5,284 5,529
EBIT 1 1,974 2,245 2,416 3,015 3,203 3,545 3,950 4,248
Net income 1 1,492 1,652 1,667 2,071 2,226 2,531 2,869 3,109
Net Debt 1 913 1,075 5,537 5,122 5,093 3,853 2,139 379.5
Reference price 2 170.20 99.85 135.10 164.70 150.90 132.00 132.00 132.00
Nbr of stocks (in thousands) 357,485 358,619 359,141 359,778 360,664 361,241 - -
Announcement Date 11/2/22 9/2/23 9/2/24 7/2/25 11/2/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.92x1.52x9.91x2.99% 4.99B
10.42x0.39x5.99x4.05% 1.4B
19.37x1.21x8.42x4.3% 1.32B
17.79x - - - 1.11B
Average 16.63x 1.04x 8.10x 3.78% 2.21B
Weighted average by Cap. 17.49x 1.26x 8.94x 3.41%

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