Company Valuation: Aker ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 61,287 53,449 49,477 40,789 56,726 85,730 - -
Change - -12.79% -7.43% -17.56% 39.07% 51.13% - -
Enterprise Value (EV) 1 62,878 53,449 49,477 66,136 96,534 97,825 97,825 97,825
Change - -15% -7.43% 33.67% 45.96% 1.34% 0% 0%
P/E 14.3x -28.1x -47.9x - - - - -
PBR - - - - 1.22x - - -
PEG - 0x 1.1x - - - - -
Capitalization / Revenue 15,050,843x - - - - - - -
EV / Revenue - - - - - - - -
EV / EBITDA 17x -144x -122x - -193x -233x -233x -
EV / EBIT 17.1x -133x -113x - -184x -218x -218x -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 23.5 - 30 26.5 53 58 60.3 62.7
Rate of return 2.85% - 4.5% 4.83% 6.9% 5.03% 5.23% 5.43%
EPS 2 57.55 -25.57 -13.92 - - - - -
Distribution rate 40.8% - -216% - - - - -
Net sales 4,072 - - - - - - -
EBITDA 1 3,703 -370 -404 - -501 -420 -420 -
EBIT 1 3,672 -402 -437 - -526 -448 -448 -
Net income 1 12,433 -1,900 -1,034 - 3,930 3,584 3,559 -
Net Debt 1 1,591 - - 25,347 39,808 12,095 12,095 12,095
Reference price 2 825.00 719.50 666.00 549.00 768.00 1,154.00 1,154.00 1,154.00
Nbr of stocks (in thousands) 74,287 74,287 74,290 74,296 73,862 74,289 - -
Announcement Date 3/30/22 3/29/23 3/22/24 4/4/25 2/13/26 - - -
1NOK in Million2NOK
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - -232.92x5.03% 8.87B
6.87x1.21x1.43x10.73% 11.24B
4.28x2.99x4.57x9.09% 1.84B
8.61x0.74x1.32x - 842M
49.68x - - - 794M
3.15x0.22x0.36x6.28% 339M
-54.21x - -48.74x-.--% 261M
Average 3.06x 1.29x -45.66x 6.23% 3.46B
Weighted average by Cap. 7.75x 1.39x -87.75x 8.16%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield