Company Valuation: Cambi ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,489 821.4 2,848 2,320 2,624 3,377 - -
Change - -44.82% 246.79% -18.54% 13.1% 28.66% - -
Enterprise Value (EV) 1 1,220 553.9 2,501 2,166 2,336 3,189 3,021 2,817
Change - -54.6% 351.55% -13.41% 7.88% 36.48% -5.26% -6.75%
P/E 133x - - - - 32x 12.2x 9.45x
PBR - - - - 5.6x 7.67x 5.22x 3.74x
PEG - - - - - - 0x 0.3x
Capitalization / Revenue 3.25x 1.87x 2.92x 2.25x 2.46x 3.33x 2.41x 2.05x
EV / Revenue 2.66x 1.26x 2.56x 2.1x 2.19x 3.14x 2.15x 1.71x
EV / EBITDA 31x 205x 10x 9.59x 14.7x 20.2x 8.45x 5.96x
EV / EBIT 39.7x -35.5x 11.1x 10.8x 16.7x 22.3x 8.82x 6.15x
EV / FCF -5.73x 5.75x 12.9x -58.1x 8.82x 128x 20.4x 9.65x
FCF Yield -17.4% 17.4% 7.74% -1.72% 11.3% 0.78% 4.9% 10.4%
Dividend per Share 2 - - 0.75 - 0.75 0.78 0.5 1.26
Rate of return - - 4.21% - 4.57% 3.7% 2.37% 5.97%
EPS 2 0.07 - - - - 0.66 1.726 2.232
Distribution rate - - - - - 118% 29% 56.5%
Net sales 1 458.3 440.3 976.6 1,033 1,068 1,015 1,402 1,647
EBITDA 1 39.4 2.7 249.3 225.7 158.7 158 357.3 472.4
EBIT 1 30.7 -15.6 225.1 199.6 139.9 143 342.6 458.2
Net income 1 17.5 -12.7 185.2 149.3 129.5 106 276.4 357.5
Net Debt 1 -268.6 -267.5 -347.4 -154.8 -288.1 -188 -355.9 -559.7
Reference price 2 9.30 5.19 17.80 14.50 16.40 21.10 21.10 21.10
Nbr of stocks (in thousands) 160,074 158,263 160,026 160,026 160,026 160,026 - -
Announcement Date 3/8/22 3/7/23 3/7/24 3/3/25 2/25/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
31.21x3.06x19.67x3.79% 341M
16x5.87x9.26x2.75% 20.68B
14.11x7.39x12.39x4.06% 13.66B
17.89x6.58x13.2x4.35% 12.16B
17.06x7.82x13.54x3.71% 10.76B
23.44x - - 2.46% 3.32B
11.15x - - - 3.14B
20.24x5.31x12.79x6.19% 3.1B
9.52x - - - 3.02B
20.3x - - 2.69% 2.98B
Average 18.09x 6.00x 13.48x 3.75% 7.32B
Weighted average by Cap. 16.41x 6.65x 11.75x 3.61%

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