Company Valuation: Atea ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 18,290 12,608 14,351 15,813 17,584 17,829 - -
Change - -31.06% 13.82% 10.19% 11.2% 1.4% - -
Enterprise Value (EV) 1 18,459 13,689 15,312 17,195 18,559 17,515 17,296 17,024
Change - -25.84% 11.86% 12.3% 7.93% -5.62% -1.25% -1.57%
P/E 24.5x 15.1x 18.1x 20.6x 20.4x 14.4x 13.8x 12.7x
PBR 5.18x 3.38x 3.46x 3.59x 3.94x 3.86x 3.66x 3.45x
PEG - 1.2x -3.19x -5.45x 1.6x 0.3x 2.87x 1.56x
Capitalization / Revenue 0.44x 0.39x 0.41x 0.46x 0.47x 0.44x 0.42x 0.39x
EV / Revenue 0.45x 0.42x 0.44x 0.5x 0.5x 0.43x 0.4x 0.37x
EV / EBITDA 11.1x 7.56x 7.93x 9.01x 8.61x 7.19x 6.44x 5.94x
EV / EBIT 17.6x 11.4x 12.3x 14.2x 13.4x 10.9x 9.37x 8.62x
EV / FCF 22.4x 19.3x 9.83x 10.7x 23.6x 9.19x 9.51x 8.9x
FCF Yield 4.46% 5.18% 10.2% 9.34% 4.24% 10.9% 10.5% 11.2%
Dividend per Share 2 5.5 6.25 7 7 7.5 8.245 9.78 10.21
Rate of return 3.35% 5.48% 5.42% 4.95% 4.75% 5.15% 6.11% 6.38%
EPS 2 6.7 7.57 7.14 6.87 7.73 11.07 11.61 12.55
Distribution rate 82.1% 82.6% 98% 102% 97% 74.5% 84.3% 81.3%
Net sales 1 41,316 32,397 34,704 34,583 37,376 40,346 42,962 45,972
EBITDA 1 1,660 1,811 1,932 1,908 2,156 2,437 2,685 2,865
EBIT 1 1,046 1,196 1,244 1,211 1,385 1,605 1,845 1,975
Net income 1 763 851 800 775 878 1,238 1,295 1,399
Net Debt 1 169 1,081 961 1,382 975 -314.5 -533.5 -805
Reference price 2 164.00 114.00 129.20 141.40 157.80 160.00 160.00 160.00
Nbr of stocks (in thousands) 111,522 110,598 111,076 111,833 111,430 111,433 - -
Announcement Date 2/8/22 2/9/23 2/8/24 2/6/25 2/10/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.56x0.44x7.24x5.11% 1.85B
28.63x4.59x16.02x2.29% 278B
-93.69x14.81x85.75x-.--% 92.71B
10.33x1.13x5.95x4.67% 85.1B
13.3x2.44x9.21x6.06% 77.69B
18.69x4.94x12.19x3.04% 56.06B
13.65x1.99x8.33x5.71% 44.55B
19.35x1.55x9.76x1.48% 36.24B
20.32x1.5x9.55x0.97% 35.83B
15.67x2x9.31x5.52% 32.61B
Average 6.08x 3.54x 17.33x 3.48% 74.02B
Weighted average by Cap. 6.48x 4.69x 21.19x 2.98%

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