Company Valuation: Corero Network Security plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 83.76 55.72 52.7 126.3 65.83 56.85 - -
Change - -33.47% -5.42% 139.67% -47.88% -13.65% - -
Enterprise Value (EV) 1 75.33 51.28 47.54 121 61.8 52.46 51.55 49.38
Change - -31.93% -7.29% 154.49% -48.93% -15.11% -1.74% -4.21%
P/E - - - 247x -129x 171x 40.4x 11.1x
PBR - 3.59x - - - - - -
PEG - - - - 1x -1x 0x 0x
Capitalization / Revenue 4.01x 2.77x 2.36x 5.14x 2.58x 1.95x 1.73x 1.54x
EV / Revenue 3.61x 2.55x 2.13x 4.93x 2.42x 1.8x 1.57x 1.34x
EV / EBITDA 18.2x 30.9x 21.7x 48.4x 33.7x 16.2x 11.1x 7.97x
EV / EBIT 47.8x -78.3x 337x 124x -190x 150x 33.5x 16.8x
EV / FCF 123x -13.3x 20.5x 48.5x 28.9x 262x 85.9x 54.9x
FCF Yield 0.81% -7.51% 4.87% 2.06% 3.45% 0.38% 1.16% 1.82%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 - - - 0.001 -0.001 0.00065 0.00275 0.01
Distribution rate - - - - - - - -
Net sales 1 20.9 20.12 22.35 24.56 25.5 29.17 32.87 36.91
EBITDA 1 4.15 1.658 2.186 2.5 1.832 3.236 4.624 6.196
EBIT 1 1.576 -0.655 0.141 0.976 -0.325 0.35 1.541 2.946
Net income 1 1.522 0.554 -0.17 0.498 -0.711 0.171 1.103 1.969
Net Debt 1 -8.424 -4.438 -5.16 -5.321 -4.034 -4.384 -5.295 -7.463
Reference price 2 0.1693 0.1115 0.1051 0.2466 0.1285 0.1110 0.1110 0.1110
Nbr of stocks (in thousands) 494,852 499,954 501,528 512,165 512,165 512,165 - -
Announcement Date 4/26/22 4/25/23 3/27/24 4/1/25 3/24/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
173.18x1.83x16.46x - 57.65M
22.75x3.56x12.5x3.08% 206B
-94.57x14.96x86.58x-.--% 93.59B
10.75x1.18x6.19x4.49% 88.49B
14.27x2.6x9.81x5.76% 82.64B
19.67x5.16x12.73x2.89% 59.43B
14.06x2.05x8.6x5.54% 45.48B
20.5x1.52x9.63x0.96% 36.26B
18.61x1.5x9.41x1.6% 34.78B
16.18x2.07x9.64x5.34% 33.34B
Average 21.54x 3.64x 18.16x 3.3% 68B
Weighted average by Cap. 2.52x 4.45x 20.86x 3.24%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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