Company Valuation: Acceleware Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 25.36 74.57 39.7 21.31 13.62 10.44
Change - 194.02% -46.76% -46.33% -36.08% -23.39%
Enterprise Value (EV) 1 23.22 72.65 39.81 22.75 16.19 13.49
Change - 212.84% -45.2% -42.84% -28.84% -16.72%
P/E -12.1x -18x -7.33x -10.3x 6.8x -4x
PBR -38x -18.1x -5.55x -2.67x -2.52x -1.76x
PEG - -0.2x -0.3x 0.2x -0x 0x
Capitalization / Revenue 28.2x 99.1x 121x 76.4x 2.6x 14.5x
EV / Revenue 25.8x 96.5x 121x 81.6x 3.09x 18.8x
EV / EBITDA -11x -18.2x -7.74x -11.8x 6.22x -7.71x
EV / EBIT -11x -18x -7.64x -11.6x 6.29x -7.57x
EV / FCF -14.5x -54.8x -9.48x -73.3x 7.12x -14.8x
FCF Yield -6.9% -1.82% -10.6% -1.36% 14.1% -6.74%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.0199 -0.0383 -0.0471 -0.0175 0.0169 -0.02
Distribution rate - - - - - -
Net sales 1 0.8993 0.7528 0.3283 0.279 5.233 0.7192
EBITDA 1 -2.107 -3.994 -5.143 -1.932 2.605 -1.749
EBIT 1 -2.119 -4.046 -5.214 -1.97 2.575 -1.781
Net income 1 -2.1 -4.08 -5.142 -2.045 2.002 -1.86
Net Debt 1 -2.14 -1.92 0.1106 1.447 2.571 3.05
Reference price 2 0.2400 0.6900 0.3450 0.1800 0.1150 0.0800
Nbr of stocks (in thousands) 105,669 108,065 115,072 118,376 118,439 130,440
Announcement Date 3/24/21 3/24/22 3/24/23 3/22/24 3/1/25 3/30/26
1CAD in Million2CAD
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
22.02x8.43x13.96x0.96% 2,835B
90.94x36.68x61.16x-.--% 295B
110.51x35.26x111.51x0.16% 114B
72.53x14.58x31.79x-.--% 89.98B
445.91x19.13x76.92x-.--% 87.87B
138.39x8.16x20.83x-.--% 71.51B
33.28x1.73x13.55x-.--% 61.25B
117.59x4.93x24.38x-.--% 43.01B
-31.93x4.18x20x-.--% 34.04B
Average 111.03x 14.79x 41.57x 0.12% 403.49B
Weighted average by Cap. 45.00x 11.78x 23.12x 0.76%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA