Company Valuation: Appear ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2025 2026 2027 2028
Market Cap 1 3,399 3,102 - -
Change - -8.75% - -
Enterprise Value (EV) 1 2,953 2,544 2,429 2,284
Change - -13.86% -4.54% -5.95%
P/E Ratio 24.5x 19.2x 15.5x 11.4x
PBR 5.33x 4.08x 3.24x 2.52x
PEG - 1.1x 0.6x 0.3x
Capitalization / Revenue 4.24x 3.09x 2.56x 2.1x
EV / Revenue 3.69x 2.54x 2x 1.54x
EV / EBITDA 15.6x 10.5x 8x 5.56x
EV / EBIT 17.3x 12.2x 9.52x 6.61x
EV / FCF 21.2x 31.4x 21.5x 16.1x
FCF Yield 4.72% 3.18% 4.65% 6.22%
Dividend per Share 2 - - - -
Rate of return - - - -
EPS 2 3.4 3.97 4.92 6.69
Distribution rate - - - -
Net sales 1 800.9 1,002 1,212 1,480
EBITDA 1 189.1 243 303.5 410.5
EBIT 1 170.7 208 255 345.5
Net income 1 129.2 158.5 197.5 268
Net Debt 1 -445.6 -557.5 -673 -817.5
Reference price 2 83.32 76.40 76.40 76.40
Nbr of stocks (in thousands) 40,793 40,596 - -
Announcement Date 2/12/26 - - -
1NOK in Million2NOK
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.74x2.46x10.14x - 318M
17.7x8.22x-43.9x - 4.74B
23.87x1.04x13.91x2.89% 4.13B
19.8x2.38x12.02x5% 882M
9.56x1.37x5.3x4% 467M
53.88x - - - 168M
Average 23.92x 3.09x -0.51x 3.96% 1.78B
Weighted average by Cap. 20.50x 4.43x -12.74x 3.32%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Stocks
  3. APR Stock
  4. Valuation Appear ASA
- 40% : Our Best Subscriber-Only Tools to Spot Tomorrow’s Top Investments!
d
:
:
SEIZE THE OFFER!