Company Valuation: Cactus, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,248 3,052 2,966 3,890 3,145 4,690 - -
Change - 35.77% -2.82% 31.17% -19.16% 49.15% - -
Enterprise Value (EV) 1 1,946 2,707 2,832 3,547 2,650 4,293 4,062 4,690
Change - 39.11% 4.61% 25.26% -25.29% 62% -5.37% 15.46%
P/E 45.9x 27.9x 17.7x 21.1x 19x 25x 20.9x -
PBR 4.85x 5.37x 3.43x 4.35x 2.57x 3.58x 3.13x -
PEG - 0x 0.4x 2.71x -1.5x 2.1x 1.1x -
Capitalization / Revenue 5.12x 4.43x 2.7x 3.44x 2.91x 2.74x 2.64x 2.51x
EV / Revenue 4.44x 3.93x 2.58x 3.14x 2.46x 2.51x 2.28x 2.51x
EV / EBITDA 16.2x 11.9x 7.11x 9.05x 7.51x 9.06x 8.13x 8.59x
EV / EBIT 25.8x 15.5x 10.7x 12.2x 10.6x 14.2x 11.4x 11.1x
EV / FCF 39.1x 30.2x 9.56x 12.8x 12.4x 14.5x 13.7x 12.3x
FCF Yield 2.56% 3.31% 10.5% 7.81% 8.06% 6.92% 7.28% 8.12%
Dividend per Share 2 0.38 0.44 0.46 0.5 0.54 0.5825 0.598 0.6
Rate of return 1% 0.88% 1.01% 0.86% 1.18% 0.87% 0.89% 0.89%
EPS 2 0.83 1.8 2.57 2.77 2.41 2.693 3.22 -
Distribution rate 45.8% 24.4% 17.9% 18.1% 22.4% 21.6% 18.6% -
Net sales 1 438.6 688.4 1,097 1,130 1,079 1,710 1,780 1,872
EBITDA 1 120.4 227.9 398.1 392 353 473.8 499.7 546
EBIT 1 75.43 174.7 264.4 289.6 250.5 301.9 357.1 423
Net income 1 49.59 110.2 169.2 185.4 166 226.5 240.5 -
Net Debt 1 -301.7 -344.5 -133.8 -342.8 -494.6 -397.2 -627.9 -
Reference price 2 38.13 50.26 45.40 58.36 45.68 67.26 67.26 67.26
Nbr of stocks (in thousands) 58,949 60,719 65,323 66,656 68,840 69,733 - -
Announcement Date 2/28/22 2/23/23 2/28/24 2/26/25 2/25/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.95x2.51x9.05x0.87% 4.69B
21.27x2.3x10.5x2.24% 77.62B
19.31x2.38x13.32x1.63% 55.91B
14.4x1.51x8.24x1.97% 28.75B
23.74x2.59x12.77x0.27% 28.54B
26.97x0.5x4.36x3.86% 9.58B
22.99x0.86x7.5x1.88% 7.33B
7.07x1.49x5.89x2.99% 6.97B
15.42x1.31x6.17x1.34% 5.9B
9.3x - - 4.09% 6.11B
Average 18.54x 1.72x 8.64x 2.12% 23.14B
Weighted average by Cap. 19.72x 2.09x 10.55x 1.9%

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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