Company Valuation: Expert.ai S.p.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 115.5 32.57 62.12 129.5 174.9 183 - -
Change - -71.81% 90.72% 108.4% 35.1% 4.62% - -
Enterprise Value (EV) 1 114.8 48.37 83.92 131.2 182 178.6 174.4 173.2
Change - -57.87% 73.49% 56.28% 38.76% -1.85% -2.38% -0.69%
P/E -7.48x -1.47x -6.48x - -31.4x 162x 53.9x 53.9x
PBR - 2.19x - - 4.04x 4.05x 3.95x 3.68x
PEG - -0x 0.1x - - -1x 0x -
Capitalization / Revenue 3.72x 1.03x 1.9x 4.73x 4.1x 3.83x 3.52x 3.17x
EV / Revenue 3.69x 1.53x 2.57x 4.8x 4.26x 3.74x 3.35x 3x
EV / EBITDA -12.1x -3.36x -356x 38.7x 26.3x 16.5x 14.5x 13.3x
EV / EBIT -6.67x -2.1x -9.52x -26.4x -70.8x 63.8x 44.1x 35.3x
EV / FCF -6.57x -2.51x -8.48x -16.3x 66.2x 143x 36.7x 29.4x
FCF Yield -15.2% -39.8% -11.8% -6.14% 1.51% 0.7% 2.72% 3.41%
Dividend per Share 2 - - - - - - 1 -
Rate of return - - - - - - 61.8% -
EPS 2 -0.3 -0.42 -0.15 - -0.05 0.01 0.03 0.03
Distribution rate - - - - - - 3,333% -
Net sales 1 31.08 31.67 32.62 27.35 42.67 47.8 52.05 57.8
EBITDA 1 -9.477 -14.38 -0.2356 3.386 6.927 10.85 12.05 13
EBIT 1 -17.23 -23.08 -8.815 -4.969 -2.57 2.8 3.95 4.9
Net income 1 -15.72 -23.78 -9.856 -10.06 -5.695 1.6 2.4 3
Net Debt 1 -0.7 15.8 21.8 1.695 7.084 -4.35 -8.6 -9.8
Reference price 2 2.245 0.617 0.972 1.330 1.570 1.618 1.618 1.618
Nbr of stocks (in thousands) 51,459 52,790 63,910 97,338 111,402 113,086 - -
Announcement Date 3/29/22 3/30/23 4/24/24 3/28/25 6/11/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
161.8x3.74x16.46x-.--% 207M
25.84x9.55x15.6x0.78% 3,779B
122.39x53.41x86.68x-.--% 449B
20.74x5.91x10.35x1.45% 418B
246.44x21.98x64.36x-.--% 318B
2627.4x44.03x141.84x-.--% 270B
26.23x5.26x16.59x1.45% 242B
84.11x8.16x21.85x-.--% 134B
56.9x15.32x40.35x-.--% 129B
19.51x12.46x14.84x-.--% 102B
Average 339.14x 17.98x 42.89x 0.37% 584.2B
Weighted average by Cap. 166.90x 14.90x 29.89x 0.67%

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

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