Company Valuation: Cemat A/S

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 93.94 257.3 162.4 237.4 257.3 230.2
Change - 173.94% -36.89% 46.15% 8.42% -10.55%
Enterprise Value (EV) 1 90.06 258.8 170.2 254.2 290.7 215.8
Change - 187.37% -34.22% 49.34% 14.34% -25.75%
P/E 37.8x 10.6x 8.13x 23.8x 21.1x 3.74x
PBR 0.98x 2.14x 1.17x 1.48x 1.46x 0.96x
PEG - 0x -0.5x -0.5x 1x 0x
Capitalization / Revenue 4.8x 12.1x 6.11x 7.06x 6.53x 1.4x
EV / Revenue 4.6x 12.1x 6.41x 7.57x 7.38x 1.31x
EV / EBITDA 80.8x 76.8x 48.8x 57x 39.7x 5.4x
EV / EBIT 84.1x 77.8x 49.2x 57.6x 40x 5.41x
EV / FCF 36.8x -11.1x -18.6x 160x -22.7x 300x
FCF Yield 2.72% -8.98% -5.37% 0.62% -4.4% 0.33%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.009957 0.0969 0.08 0.04 0.0488 0.2471
Distribution rate - - - - - -
Net sales 1 19.57 21.31 26.57 33.6 39.4 164.7
EBITDA 1 1.115 3.369 3.488 4.458 7.323 39.97
EBIT 1 1.071 3.326 3.46 4.417 7.27 39.9
Net income 1 2.488 24.2 20.33 10.28 12.2 61.75
Net Debt 1 -3.883 1.466 7.837 16.87 33.34 -14.34
Reference price 2 0.3760 1.0300 0.6500 0.9500 1.0300 0.9240
Nbr of stocks (in thousands) 249,850 249,850 249,850 249,850 249,850 249,120
Announcement Date 2/23/21 2/23/22 2/22/23 2/21/24 2/25/25 2/25/26
1DKK in Million2DKK
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 33.27M
60.56x - - - 64.64B
13.75x4.48x12.05x3.68% 39.14B
5.61x0.73x1.51x8.77% 27.43B
8.05x1.45x8.04x4.4% 26.73B
17.28x3.88x15.6x1.42% 26.68B
13.18x3.02x14.44x2.65% 24.33B
9.11x3.35x7.66x-.--% 21.47B
10.19x2x8.23x4.12% 20.47B
7.95x0.88x3.21x2.81% 20.33B
Average 16.19x 2.47x 8.84x 3.48% 27.13B
Weighted average by Cap. 22.75x 2.62x 9.17x 3.61%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA