Company Valuation: Exponent, Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,083 5,018 4,602 4,463 3,500 2,910 - -
Change - -17.51% -8.28% -3.02% -21.59% -16.86% - -
Enterprise Value (EV) 1 5,800 5,018 4,415 4,204 3,278 2,707 2,631 2,531
Change - -13.49% -12.01% -4.77% -22.04% -17.41% -2.82% -3.79%
P/E 61.4x 50.6x 46.9x 41.7x 33.9x 26.5x 23.6x 22.2x
PBR 14.9x - 12.9x 10.8x 9.21x 7.46x 6.06x 4.97x
PEG - 16.02x -45.96x 4.76x -17.88x 2.81x 1.9x 3.48x
Capitalization / Revenue 14x 10.8x 9.26x 8.61x 6.52x 4.87x 4.49x 4.36x
EV / Revenue 13.3x 10.8x 8.88x 8.11x 6.11x 4.53x 4.06x 3.79x
EV / EBITDA 43.9x 36.6x 32.1x 28.6x 22.1x 15.9x 14x 13.1x
EV / EBIT 53.2x 35.6x 39.7x 35.2x 27.4x 17.7x 15.6x 13.9x
EV / FCF 49.1x - - - 26.8x 14.6x 12.6x -
FCF Yield 2.04% - - - 3.73% 6.83% 7.94% -
Dividend per Share 2 0.8 - 1.04 1.12 1.2 1.24 1.3 1.24
Rate of return 0.69% - 1.14% 1.27% 1.71% 2.07% 2.17% 2.07%
EPS 2 1.9 1.96 1.94 2.11 2.07 2.265 2.54 2.702
Distribution rate 42.1% - 53.6% 53.1% 58% 54.7% 51.2% 45.9%
Net sales 1 434.8 463.8 497.2 518.5 536.8 597.5 648.3 667.4
EBITDA 1 132.3 137.2 137.7 147.1 148.1 170.5 188.1 193.2
EBIT 1 108.9 140.8 111.3 119.6 119.8 153 169 181.5
Net income 1 101.2 102.3 100.3 109 106 113 125.3 137.7
Net Debt 1 -282.7 - -187.2 -258.9 -221.9 -202.6 -278.9 -378.7
Reference price 2 116.73 99.09 90.91 87.92 70.15 59.98 59.98 59.98
Nbr of stocks (in thousands) 52,112 50,638 50,622 50,764 49,887 48,512 - -
Announcement Date 2/3/22 2/2/23 2/1/24 2/6/25 2/5/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.81x4.59x16.08x2.04% 2.95B
41.19x7.37x26.6x0.87% 80.57B
39.02x4.56x14.9x1.17% 20.59B
30.01x1.25x12.55x1.08% 15.41B
19.08x2.05x10.15x3.67% 13.78B
25.15x2.83x12.14x2.98% 11.95B
25.51x3.51x13.52x2.29% 7.93B
15.1x0.66x9.45x1.39% 6.9B
44.19x2x15.56x0.46% 5.25B
17.85x0.38x8.7x4.12% 5.13B
Average 28.39x 2.92x 13.97x 2.01% 17.05B
Weighted average by Cap. 34.36x 4.85x 19.21x 1.49%

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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