Company Valuation: BIOLASE, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2018 2019 2020 2021 2022 2023
Market Cap 1 20.45 17.1 38.96 59.78 5.017 3.833
Change - -16.35% 127.82% 53.42% -91.61% -23.61%
Enterprise Value (EV) 1 23.24 25.11 39.67 45.26 16.52 12.97
Change - 8.04% 57.99% 14.11% -63.49% -21.49%
P/E - - -0.74x -3.45x -0.16x -0.04x
PBR - 46.1x 4.11x 2.38x 1.03x -15.5x
PEG - - - 0x -0x 0x
Capitalization / Revenue 0.44x 0.45x 1.71x 1.53x 0.1x 0.08x
EV / Revenue 0.5x 0.66x 1.74x 1.16x 0.34x 0.26x
EV / EBITDA -1.35x -1.72x -2.2x -2.77x -0.67x -0.9x
EV / EBIT -1.28x -1.61x -2.14x -2.71x -0.65x -0.76x
EV / FCF -3.59x -3.51x -8.74x -4.88x -0.84x -5.15x
FCF Yield -27.8% -28.5% -11.4% -20.5% -119% -19.4%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 - - -1,400 -282.6 -416.3 -29.44
Distribution rate - - - - - -
Net sales 1 46.16 37.8 22.78 39.19 48.46 49.16
EBITDA 1 -17.26 -14.64 -18.04 -16.32 -24.84 -14.34
EBIT 1 -18.2 -15.62 -18.54 -16.72 -25.34 -17.14
Net income 1 -21.52 -17.86 -16.83 -16.16 -28.63 -20.63
Net Debt 1 2.792 8.003 0.701 -14.52 11.51 9.141
Reference price 2 2,475.000000 1,381.750000 1,041.750000 975.000000 65.000000 1.122000
Nbr of stocks (in thousands) 8.26 12.4 37.4 61.3 77.2 3,416
Announcement Date 3/8/19 3/30/20 3/31/21 3/17/22 3/28/23 3/21/24
1USD in Million2USD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
59.52x10.19x49.2x - 859M
Average 59.52x 10.19x 49.20x 858.86M
Weighted average by Cap. 59.52x 10.19x 49.20x

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

-40%: Exceptional extension
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