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 2,747 - -
Change - -17.51% -8.28% -3.02% -21.59% -21.51% - -
Enterprise Value (EV) 1 5,800 5,018 4,415 4,204 3,278 2,544 2,468 2,368
Change - -13.49% -12.01% -4.77% -22.04% -22.38% -3% -4.04%
P/E Ratio 61.4x 50.6x 46.9x 41.7x 33.9x 25x 22.3x 21x
PBR 14.9x - 12.9x 10.8x 9.21x 7.04x 5.72x 4.69x
PEG - 16.02x -45.96x 4.76x -17.88x 2.65x 1.8x 3.29x
Capitalization / Revenue 14x 10.8x 9.26x 8.61x 6.52x 4.6x 4.24x 4.12x
EV / Revenue 13.3x 10.8x 8.88x 8.11x 6.11x 4.26x 3.81x 3.55x
EV / EBITDA 43.9x 36.6x 32.1x 28.6x 22.1x 14.9x 13.1x 12.3x
EV / EBIT 53.2x 35.6x 39.7x 35.2x 27.4x 16.6x 14.6x 13x
EV / FCF 49.1x - - - 26.8x 13.8x 11.8x -
FCF Yield 2.04% - - - 3.73% 7.27% 8.47% -
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% 2.19% 2.3% 2.19%
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 56.62 56.62 56.62
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 Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25x4.26x14.92x2.19% 2.75B
37.22x6.68x24.12x0.93% 72.77B
36.8x4.4x14.37x1.22% 19.77B
29.16x1.2x12.17x1.12% 14.91B
17.5x1.9x9.4x3.97% 12.81B
24x2.72x11.65x3.12% 11.38B
25.51x3.5x13.52x2.29% 7.91B
13.66x0.62x8.84x1.58% 6.35B
8.99x1.03x5.44x2.35% 5.41B
17.33x0.38x8.61x4.2% 5.06B
Average 23.52x 2.67x 12.30x 2.3% 15.91B
Weighted average by Cap. 30.55x 4.38x 17.29x 1.65%

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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