Company Valuation: C3.ai, Inc.

Data adjusted to current consolidation scope
Fiscal Period: April 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,807 2,000 2,750 2,922 1,283 1,626 - -
Change - 10.64% 37.52% 6.25% -56.09% 26.74% - -
Enterprise Value (EV) 1 847.1 1,269 1,999 2,179 707.5 1,048 1,055 1,036
Change - 49.76% 57.61% 8.98% -67.53% 48.13% 0.66% -1.75%
P/E -9.23x -7.27x -9.63x -9.83x -2.64x -4.77x -5.73x -5.47x
PBR 1.82x 2.18x 3.19x 3.52x 2x 2.52x 2.48x 2.18x
PEG - -0.2x 2.14x 2.3x -0.1x 0.1x 0.3x -1.17x
Capitalization / Revenue 7.15x 7.49x 8.85x 7.51x 5.13x 7.32x 6.63x 5.98x
EV / Revenue 3.35x 4.75x 6.44x 5.6x 2.83x 4.72x 4.3x 3.81x
EV / EBITDA -11.2x -20.5x -24.3x -28.9x -3.46x -8.07x -11.7x -10.7x
EV / EBIT -10.5x -18.6x -21.1x -24.7x -3.25x -7.38x -10.2x -11x
EV / FCF -9.39x -6.78x -22.5x -49x -3.68x -10x -15x -26.8x
FCF Yield -10.7% -14.8% -4.45% -2.04% -27.2% -9.95% -6.69% -3.73%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -1.84 -2.45 -2.34 -2.24 -3.35 -2.193 -1.826 -1.911
Distribution rate - - - - - - - -
Net sales 1 252.8 266.8 310.6 389.1 250.3 222.2 245.1 271.9
EBITDA 1 -75.52 -61.99 -82.14 -75.49 -204.3 -129.8 -89.93 -96.56
EBIT 1 -80.71 -68.07 -94.86 -88.1 -217.8 -142 -103.1 -94.23
Net income 1 -192.1 -268.8 -279.7 -288.7 -470.4 -353.6 -315.7 -317.6
Net Debt 1 -960.2 -731 -750.4 -742.7 -575.4 -578 -571 -589.5
Reference price 2 16.99 17.82 22.53 22.01 8.83 10.46 10.46 10.46
Nbr of stocks (in thousands) 106,372 112,210 122,049 132,739 145,291 155,449 - -
Announcement Date 6/1/22 5/31/23 5/29/24 5/28/25 6/3/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-4.77x4.72x-8.07x-.--% 1.63B
25.38x9.37x15.27x0.78% 3,711B
115.09x49.69x80.66x-.--% 419B
60.91x12.87x27.14x-.--% 80.61B
377.46x16.1x63.63x-.--% 76.46B
99.15x8.46x21.44x-.--% 75.47B
37.81x1.89x15.09x-.--% 68.65B
191.6x6.11x23.61x-.--% 47.99B
112.02x4.6x22.35x-.--% 40.14B
27.12x5.59x26.85x-.--% 35.78B
Average 104.18x 11.94x 28.80x 0.08% 455.62B
Weighted average by Cap. 44.09x 13.02x 22.64x 0.64%

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

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