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Skanska AB
STO:SKA B

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Skanska AB
STO:SKA B
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Price: 249.7 SEK -0.4% Market Closed
Market Cap: kr100B

EV/EBIT

13.7
Current
3%
More Expensive
vs 3-y average of 13.2

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
13.7
=
Enterprise Value
kr80.3B
/
EBIT
kr6.2B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
13.7
=
Enterprise Value
kr80.3B
/
EBIT
kr6.2B

Valuation Scenarios

Skanska AB is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (13.2), the stock would be worth kr241.78 (3% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-30%
Maximum Upside
+30%
Average Upside
2%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 13.7 kr249.7
0%
3-Year Average 13.2 kr241.78
-3%
5-Year Average 9.6 kr175.23
-30%
Industry Average 14.9 kr272.27
+9%
Country Average 17.8 kr325.57
+30%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
kr80.3B
/
Jan 2026
kr6.2B
=
13.7
Current
kr80.3B
/
Dec 2026
kr8.4B
=
9.6
Forward
kr80.3B
/
Dec 2027
kr9.3B
=
8.7
Forward
kr80.3B
/
Dec 2028
kr10.1B
=
8
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
SE
Skanska AB
STO:SKA B
103.8B SEK 13.7 18.1
JP
Sumitomo Densetsu Co Ltd
TSE:1949
35.2T JPY 11.5 19.9
US
Quanta Services Inc
NYSE:PWR
95.3B USD 64.7 92.8
FR
Vinci SA
PAR:DG
71B EUR 9.5 14.5
US
Comfort Systems USA Inc
NYSE:FIX
63.1B USD 47.3 61.7
IN
Larsen & Toubro Ltd
NSE:LT
5.5T INR 24.1 34.2
IN
Larsen and Toubro Ltd
F:LTO
47.3B EUR 22.5 31.9
ES
Ferrovial SA
MAD:FER
42.3B EUR 49.4 46.8
NL
Ferrovial SE
AEX:FER
41.6B EUR 49.7 46.8
DE
Hochtief AG
XETRA:HOT
34.5B EUR 16.9 38.2
US
EMCOR Group Inc
NYSE:EME
39.4B USD 24.4 31
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SE
Skanska AB
STO:SKA B
Average EV/EBIT: 30.3
13.7
18%
0.8
JP
Sumitomo Densetsu Co Ltd
TSE:1949
11.5
N/A N/A
US
Quanta Services Inc
NYSE:PWR
64.7
24%
2.7
FR
Vinci SA
PAR:DG
9.5
7%
1.4
US
Comfort Systems USA Inc
NYSE:FIX
47.3
22%
2.2
IN
Larsen & Toubro Ltd
NSE:LT
24.1
20%
1.2
IN
Larsen and Toubro Ltd
F:LTO
22.5
20%
1.1
ES
Ferrovial SA
MAD:FER
49.4
12%
4.1
NL
Ferrovial SE
AEX:FER
49.7
12%
4.1
DE
H
Hochtief AG
XETRA:HOT
16.9
5%
3.4
US
EMCOR Group Inc
NYSE:EME
24.4
11%
2.2
P/E Multiple
Earnings Growth PEG
SE
Skanska AB
STO:SKA B
Average P/E: 39.6
18.1
11%
1.6
JP
Sumitomo Densetsu Co Ltd
TSE:1949
19.9
3%
6.6
US
Quanta Services Inc
NYSE:PWR
92.8
39%
2.4
FR
Vinci SA
PAR:DG
14.5
10%
1.4
US
Comfort Systems USA Inc
NYSE:FIX
61.7
18%
3.4
IN
Larsen & Toubro Ltd
NSE:LT
34.2
21%
1.6
IN
Larsen and Toubro Ltd
F:LTO
31.9
21%
1.5
ES
Ferrovial SA
MAD:FER
46.8
4%
11.7
NL
Ferrovial SE
AEX:FER
46.8
5%
9.4
DE
H
Hochtief AG
XETRA:HOT
38.2
18%
2.1
US
EMCOR Group Inc
NYSE:EME
31
8%
3.9

Market Distribution

Lower than 73% of companies in Sweden
Percentile
27th
Based on 1 191 companies
27th percentile
13.7
Low
0.2 — 14
Typical Range
14 — 23.3
High
23.3 —
Distribution Statistics
Sweden
Min 0.2
30th Percentile 14
Median 17.8
70th Percentile 23.3
Max 4 325.3

Skanska AB
Glance View

Market Cap
100B SEK
Industry
Construction

In the intricate world of construction and development, Skanska AB stands tall as a formidable force driving infrastructure projects across the globe. Originating in Sweden over a century ago, Skanska has grown from a humble project-based company into one of the world's largest construction and project development firms. The company thrives by engaging in complex civil engineering ventures, which include building bridges, highways, hospitals, and commercial buildings. At its core, Skanska operates on a meticulously managed project management model that ensures high efficiency and delivery in each segment of its business. This approach allows the company to balance intricate logistics, budget constraints, and the constant pressure of deadlines, ensuring not only successful project completions but also a robust reputation. Moreover, Skanska's financial health is fortified through its distinctive dual business model, integrating construction with project development. Sleek office towers and serene residential properties are part of their development portfolio, which they own, develop, and eventually divest or lease, generating substantial revenue flows. This model allows Skanska to capitalize on both immediate construction contracts and long-term investments gained from property development. Furthermore, with a keen eye on sustainability, the company innovates continuously, emphasizing environmentally friendly building methods and materials. This focus not only aligns with global sustainability trends but also enhances Skanska's appeal to a growing market of conscientious developers and investors. Hence, through its potent combination of project prowess and sustainable innovation, Skanska secures its position as a vanguard in the rapidly evolving construction industry.

SKA B Intrinsic Value
210.36 SEK
Overvaluation 16%
Intrinsic Value
Price kr249.7
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