Company Valuation: DOF Group ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025 2026 2027 2028
Market Cap 1 298.5 1,830 2,337 3,397 - -
Change - 513.03% 27.74% 45.34% - -
Enterprise Value (EV) 1 1,374 2,881 3,658 4,732 4,687 4,712
Change - 109.65% 26.99% 29.36% -0.95% 0.52%
P/E 2.39x 8.16x 5.02x 7.5x 7.61x 7.76x
PBR 1x 0.94x 1.15x 1.59x 1.56x 1.55x
PEG - -0.1x 0x -2.79x -5.3x -3.93x
Capitalization / Revenue 0.23x 1.21x 1.16x 1.49x 1.52x 1.51x
EV / Revenue 1.08x 1.9x 1.82x 2.07x 2.09x 2.09x
EV / EBITDA 2.92x 5.45x 4.6x 5.08x 5.22x 5.27x
EV / EBIT 2.77x 6.29x 6.51x 7.72x 7.57x 7.71x
EV / FCF 24.7x 8.76x 9.38x 12.7x 9.77x 11.2x
FCF Yield 4.06% 11.4% 10.7% 7.88% 10.2% 8.91%
Dividend per Share 2 - - 1.3 1.558 1.637 1.62
Rate of return - - 13.7% 11.3% 11.9% 11.7%
EPS 2 2.344 0.91 1.89 1.839 1.813 1.777
Distribution rate - - 68.8% 84.7% 90.3% 91.2%
Net sales 1 1,271 1,513 2,014 2,281 2,239 2,256
EBITDA 1 470.7 529 796 932.3 897.2 894.3
EBIT 1 496.2 458 562 612.9 619.3 611.3
Net income 1 393.7 178 467 450.3 437.1 425.1
Net Debt 1 1,076 1,051 1,321 1,335 1,290 1,315
Reference price 2 5.59 7.43 9.49 13.79 13.79 13.79
Nbr of stocks (in thousands) 53,373 246,279 246,279 246,279 - -
Announcement Date 2/22/24 2/24/25 2/19/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.05x2.27x10.37x2.28% 76.49B
19.83x2.42x13.54x1.59% 57.41B
23.16x2.52x12.44x0.28% 27.84B
13.66x1.44x7.88x2.08% 27.29B
27.4x0.51x4.42x3.8% 9.62B
22.21x0.83x7.26x1.95% 7.08B
6.94x1.47x5.82x3.05% 6.84B
15.91x1.36x6.39x1.29% 6.1B
8.95x - - 4.25% 5.88B
Average 17.68x 1.60x 8.52x 2.29% 24.95B
Weighted average by Cap. 19.52x 2.06x 10.54x 1.93%

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