Electrolux AB (ELUX-A.ST) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+779.4%

SEK 262.84

vs SEK 29.89 price

Levered DCF

-SEK 353.39

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

1.25

Distress zone

Rating

C-

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	19.62×	-17.81×	-5.61×	-29.27×	13.46×	12.61×	33.23×	12.91×
P/B	1.98×	2.55×	2.6×	2.35×	3.39×	2.69×	2.68×	2.26×
P/S	0.13×	0.18×	0.22×	0.29×	0.5×	0.43×	0.51×	0.4×
EV / EBITDA	4.83×	6.81×	17.04×	14.05×	6.36×	4.73×	8.25×	5.66×
Gross margin	16.5%	14.9%	12.7%	13.1%	19.1%	19.2%	16.6%	18.7%
Operating margin	1.8%	0.8%	-2.2%	-1.7%	5.4%	5.0%	2.7%	4.3%
Net margin	0.7%	-1.0%	-3.9%	-1.0%	3.7%	3.4%	1.5%	3.1%
Current ratio	0.96×	0.93×	0.92×	0.98×	0.88×	1.08×	0.98×	0.94×
Debt / equity	5×	4.49×	3.63×	2.52×	1.01×	0.97×	0.65×	0.47×
Interest coverage	1.27×	0.52×	-1.19×	-1.49×	12.06×	8.97×	4.63×	10.58×
Dividend yield	0.0%	0.0%	0.0%	6.5%	3.7%	4.0%	4.0%	4.9%
Payout ratio	0.0%	0.0%	0.0%	-191.0%	49.1%	50.5%	134.2%	62.7%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	10.1%	-14.3%	-46.4%	-8.0%	25.1%	21.3%	8.1%	17.5%
Return on invested capital	1.9%	1.8%	-5.0%	-2.8%	11.2%	9.5%	4.9%	9.8%
Return on assets	0.8%	-1.1%	-4.4%	-1.0%	4.3%	4.0%	1.7%	3.9%
Free cash flow yield	-6.5%	-1.8%	-5.8%	-25.0%	1.6%	13.1%	2.5%	4.9%
Earnings yield	5.1%	-5.6%	-17.8%	-3.4%	7.4%	7.9%	3.0%	7.7%
Enterprise value	SEK 45.1B	SEK 52.3B	SEK 54.9B	SEK 62.5B	SEK 70.9B	SEK 48.2B	SEK 64.4B	SEK 47.6B
Net debt / EBITDA	2.98×	3.58×	7.93×	5.36×	0.71×	-0.21×	0.5×	-0.18×
Cash conversion cycle (days)	11	10	9	23	13	1	6	8