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 57.65 - -
Change - -33.47% -5.42% 139.67% -47.88% -12.42% - -
Enterprise Value (EV) 1 75.33 51.28 47.54 121 61.8 53.27 52.36 50.19
Change - -31.93% -7.29% 154.49% -48.93% -13.8% -1.71% -4.14%
P/E - - - 247x -129x 173x 40.9x 11.3x
PBR - 3.59x - - - - - -
PEG - - - - 1x -1x 0x 0x
Capitalization / Revenue 4.01x 2.77x 2.36x 5.14x 2.58x 1.98x 1.75x 1.56x
EV / Revenue 3.61x 2.55x 2.13x 4.93x 2.42x 1.83x 1.59x 1.36x
EV / EBITDA 18.2x 30.9x 21.7x 48.4x 33.7x 16.5x 11.3x 8.1x
EV / EBIT 47.8x -78.3x 337x 124x -190x 152x 34x 17x
EV / FCF 123x -13.3x 20.5x 48.5x 28.9x 266x 87.3x 55.8x
FCF Yield 0.81% -7.51% 4.87% 2.06% 3.45% 0.38% 1.15% 1.79%
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 0.1126 0.1126 0.1126
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.($)
186.76x1.98x17.86x - 62.17M
22.73x3.45x12.34x3.2% 199B
-95.22x15.06x87.19x-.--% 94.23B
10.18x1.12x5.86x4.74% 83.85B
14.2x2.58x9.76x5.79% 82.32B
19.66x5.16x12.73x2.89% 59.44B
13.98x2.04x8.55x5.57% 45.29B
19.71x1.46x9.24x1% 34.94B
18.39x1.48x9.29x1.61% 34.44B
15.91x2.04x9.47x5.43% 32.85B
Average 22.63x 3.64x 18.23x 3.36% 66.59B
Weighted average by Cap. 1.83x 4.47x 21.11x 3.31%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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