ESSITY AB |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 280.7 SEK | -1.02% |
|
+2.33% | +12.48% |
| Jun. 05 | Transcript : Essity AB Presents at 21st Annual dbAccess Global Consumer Conference 2024, Jun-05-2024 08:30 AM | |
| Jun. 01 | ESSITY : EPS cut (2023: -9.6%, 2024: -1.3%) |  |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 211,948 | 186,140 | 207,509 | 191,871 | 175,494 | 199,117 | - | - |
| Enterprise Value (EV) 1 | 262,888 | 228,828 | 262,942 | 254,740 | 229,197 | 228,998 | 223,172 | 216,417 |
| P/E ratio | 23 x | 18.2 x | 24.1 x | 34.5 x | 18.4 x | 13.8 x | 14.3 x | 13.2 x |
| Yield | 2.07% | 2.55% | 2.37% | 2.65% | 3.1% | 2.88% | 3.17% | 3.43% |
| Capitalization / Revenue | 1.64 x | 1.53 x | 1.7 x | 1.23 x | 1.19 x | 1.35 x | 1.3 x | 1.25 x |
| EV / Revenue | 2.04 x | 1.88 x | 2.16 x | 1.63 x | 1.56 x | 1.55 x | 1.45 x | 1.36 x |
| EV / EBITDA | 11.7 x | 9.42 x | 13.1 x | 12.5 x | 9.16 x | 8.7 x | 8.12 x | 7.49 x |
| EV / FCF | 19.6 x | 20.4 x | 36 x | 43 x | 18.7 x | 20.3 x | 17.1 x | 16.3 x |
| FCF Yield | 5.1% | 4.9% | 2.78% | 2.33% | 5.33% | 4.93% | 5.84% | 6.15% |
| Price to Book | 3.92 x | 3.42 x | 3.46 x | 2.85 x | 2.48 x | 2.4 x | 2.22 x | 2.06 x |
| Nbr of stocks (in thousands) | 702,342 | 702,342 | 702,342 | 702,342 | 702,342 | 702,342 | - | - |
| Reference price 2 | 301.8 | 264.5 | 295.4 | 273.3 | 250.0 | 283.6 | 283.6 | 283.6 |
| Announcement Date | 1/22/20 | 1/27/21 | 1/26/22 | 1/26/23 | 1/25/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 128,975 | 121,752 | 121,867 | 156,173 | 147,147 | 148,003 | 153,434 | 159,226 |
| EBITDA 1 | 22,539 | 24,291 | 20,040 | 20,390 | 25,024 | 26,307 | 27,493 | 28,908 |
| EBIT 1 | 15,062 | 16,817 | 12,828 | 11,942 | 17,789 | 18,924 | 20,368 | 21,386 |
| Operating Margin | 11.68% | 13.81% | 10.53% | 7.65% | 12.09% | 12.79% | 13.27% | 13.43% |
| Earnings before Tax (EBT) 1 | 13,040 | 15,800 | 12,537 | 8,109 | 12,792 | 16,778 | 18,552 | 20,015 |
| Net income 1 | 9,216 | 10,228 | 8,620 | 5,567 | 9,554 | 13,928 | 13,889 | 14,924 |
| Net margin | 7.15% | 8.4% | 7.07% | 3.56% | 6.49% | 9.41% | 9.05% | 9.37% |
| EPS 2 | 13.12 | 14.56 | 12.27 | 7.930 | 13.60 | 20.51 | 19.90 | 21.42 |
| Free Cash Flow 1 | 13,404 | 11,212 | 7,309 | 5,925 | 12,227 | 11,297 | 13,024 | 13,312 |
| FCF margin | 10.39% | 9.21% | 6% | 3.79% | 8.31% | 7.63% | 8.49% | 8.36% |
| FCF Conversion (EBITDA) | 59.47% | 46.16% | 36.47% | 29.06% | 48.86% | 42.94% | 47.37% | 46.05% |
| FCF Conversion (Net income) | 145.44% | 109.62% | 84.79% | 106.43% | 127.98% | 81.11% | 93.77% | 89.2% |
| Dividend per Share 2 | 6.250 | 6.750 | 7.000 | 7.250 | 7.750 | 8.177 | 8.982 | 9.726 |
| Announcement Date | 1/22/20 | 1/27/21 | 1/26/22 | 1/26/23 | 1/25/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 S1 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 56,496 | 34,226 | 34,301 | 37,929 | 40,109 | 43,834 | 42,926 | 43,930 | 86,856 | 43,516 | 36,625 | 34,850 | 36,989 | 37,424 | 38,764 | 37,181 | 37,544 |
| EBITDA 1 | - | 4,750 | 4,553 | 4,954 | 4,869 | 6,014 | 6,302 | 6,649 | - | 7,287 | 6,393 | 6,366 | 6,508 | 6,963 | 6,850 | 6,315 | 6,856 |
| EBIT 1 | 6,650 | 2,827 | 2,563 | 2,882 | 2,703 | 3,794 | 4,072 | 4,420 | - | 5,034 | 4,583 | 4,134 | 4,477 | 4,914 | 5,187 | 4,409 | 4,565 |
| Operating Margin | 11.77% | 8.26% | 7.47% | 7.6% | 6.74% | 8.66% | 9.49% | 10.06% | - | 11.57% | 12.51% | 11.86% | 12.1% | 13.13% | 13.38% | 11.86% | 12.16% |
| Earnings before Tax (EBT) 1 | - | 2,564 | 942 | 2,143 | 2,123 | 2,901 | 3,504 | 3,268 | - | 2,376 | 3,842 | 3,527 | 4,100 | 4,520 | 4,700 | 4,168 | 4,351 |
| Net income 1 | - | 1,982 | 306 | 1,485 | 1,567 | 2,209 | 2,663 | 2,479 | - | 1,586 | 2,826 | 11,383 | 2,955 | 3,305 | 3,537 | 3,126 | 3,264 |
| Net margin | - | 5.79% | 0.89% | 3.92% | 3.91% | 5.04% | 6.2% | 5.64% | - | 3.64% | 7.72% | 32.66% | 7.99% | 8.83% | 9.12% | 8.41% | 8.69% |
| EPS 2 | - | 2.820 | 0.4400 | 2.110 | 2.230 | 3.150 | 3.790 | 3.530 | - | 2.260 | 4.020 | 16.21 | 4.207 | 4.704 | 5.035 | 4.450 | 4.650 |
| Dividend per Share 2 | - | 7.000 | - | - | - | - | - | - | - | - | - | - | 4.943 | 1.885 | 1.885 | 2.018 | 2.018 |
| Announcement Date | 7/16/21 | 1/26/22 | 4/22/22 | 7/21/22 | 10/27/22 | 1/26/23 | 4/27/23 | 7/20/23 | 7/20/23 | 10/26/23 | 1/25/24 | 4/25/24 | - | - | - | - | - |
1SEK in Million2SEK
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 50,940 | 42,688 | 55,433 | 62,869 | 53,703 | 29,880 | 24,055 | 17,300 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.26 x | 1.757 x | 2.766 x | 3.083 x | 2.146 x | 1.136 x | 0.8749 x | 0.5984 x |
| Free Cash Flow 1 | 13,404 | 11,212 | 7,309 | 5,925 | 12,227 | 11,297 | 13,024 | 13,312 |
| ROE (net income / shareholders' equity) | 18.4% | 18.2% | 15% | 8.1% | 12.5% | 16.6% | 16.4% | 16.3% |
| ROA (Net income/ Total Assets) | 6.17% | 6.45% | 5.23% | 2.89% | 4.62% | 6.37% | 7.43% | 7.59% |
| Assets 1 | 149,305 | 158,470 | 164,847 | 192,823 | 206,797 | 218,728 | 186,969 | 196,684 |
| Book Value Per Share 2 | 77.10 | 77.40 | 85.30 | 95.90 | 101.0 | 118.0 | 128.0 | 138.0 |
| Cash Flow per Share 2 | 27.60 | 25.40 | 20.90 | 18.30 | 27.20 | 25.60 | 28.70 | 30.60 |
| Capex 1 | 5,947 | 6,607 | 7,358 | 6,949 | 6,850 | 7,324 | 7,716 | 7,882 |
| Capex / Sales | 4.61% | 5.43% | 6.04% | 4.45% | 4.66% | 4.95% | 5.03% | 4.95% |
| Announcement Date | 1/22/20 | 1/27/21 | 1/26/22 | 1/26/23 | 1/25/24 | - | - | - |
1SEK in Million2SEK
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
A-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
283.6
SEK
Average target price
292.9
SEK
Spread / Average Target
+3.29%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +12.64% | 18.89B | |
| +15.05% | 140B | |
| +17.79% | 77.03B | |
| -3.69% | 72.5B | |
| -17.63% | 43.2B | |
| -14.58% | 35.21B | |
| +6.56% | 35.09B | |
| +26.08% | 17.49B | |
| +11.28% | 13.01B | |
| +16.44% | 9.65B |
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- ESSITY B Stock
- Financials Essity AB
