Company Valuation: 1SPATIAL

Data adjusted to current consolidation scope
Fiscal Period: January 2021 2022 2023 2024 2025 2026
Market Cap 1 30.94 50.27 55.91 58.47 76.24 80.54
Change - 62.5% 11.22% 4.58% 30.39% 5.64%
Enterprise Value (EV) 1 29.34 48.76 54.54 58.8 78.59 84.24
Change - 66.21% 11.85% 7.8% 33.67% 7.19%
P/E -27.8x 284x 56.1x 52.8x 685x -
PBR 2.1x 3.33x 3.22x 3.19x 4.13x -
PEG - -2x 0x 4.8x -7.6x -
Capitalization / Revenue 1.26x 1.86x 1.86x 1.81x 2.28x 2.35x
EV / Revenue 1.19x 1.8x 1.82x 1.82x 2.35x 2.46x
EV / EBITDA -44x 60.4x 29.3x 24.3x 39.7x 77.7x
EV / EBIT -21.9x 119x 38.1x 28.5x 57.5x -21.6x
EV / FCF 18.1x 280x 74x -49.3x -126x 88x
FCF Yield 5.53% 0.36% 1.35% -2.03% -0.8% 1.14%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.0101 0.001601 0.009 0.01 0.001 -
Distribution rate - - - - - -
Net sales 1 24.6 27.03 30 32.32 33.38 34.3
EBITDA 1 -0.667 0.808 1.863 2.423 1.978 1.084
EBIT 1 -1.341 0.409 1.433 2.063 1.367 -3.909
Net income 1 -1.125 0.177 1.058 1.18 0.167 -5.534
Net Debt 1 -1.598 -1.507 -1.369 0.325 2.348 3.704
Reference price 2 0.2800 0.4550 0.5050 0.5275 0.6850 0.7200
Nbr of stocks (in thousands) 110,486 110,486 110,712 110,844 111,302 111,861
Announcement Date 5/26/21 5/18/22 5/25/23 6/11/24 6/5/25 9/17/26
1GBP in Million2GBP
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 118M
22.15x3.63x12.69x3% 212B
-131.72x18.37x101.87x-.--% 118B
13.08x1.46x7.67x3.67% 108B
13.48x2.45x9.24x6.1% 78.59B
19.72x5.2x12.78x2.88% 58.2B
22.67x1.87x11.67x1.29% 44.4B
13.12x1.89x8x5.94% 42.26B
20.9x1.59x10.12x0.89% 40.58B
17.14x2.21x10.28x5.04% 35.52B
Average 1.17x 4.30x 20.48x 3.2% 73.83B
Weighted average by Cap. -5.77x 5.29x 25.32x 2.98%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA