Company Valuation: FutureFuel Corp.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 555.5 334.4 355.8 266.1 231.5 139.7
Change - -39.82% 6.41% -25.22% -12.99% -39.64%
Enterprise Value (EV) 1 294.3 150.6 144 47.03 122 88.42
Change - -48.83% -4.35% -67.35% 159.36% -27.51%
P/E 12x 12.7x 23.4x 7.15x 15.1x -2.82x
PBR 1.49x 1.16x 1.26x 0.86x 1.13x 0.9x
PEG - -0.3x -0.6x 0x -0.3x 0x
Capitalization / Revenue 2.72x 1.04x 0.9x 0.72x 0.95x 1.46x
EV / Revenue 1.44x 0.47x 0.36x 0.13x 0.5x 0.92x
EV / EBITDA 8.79x 6.11x 5.14x 1.28x 7.83x -2.04x
EV / EBIT 13.2x 10.6x 8.21x 1.78x 19.1x -1.67x
EV / FCF 5.37x 5.22x 3.01x -12.7x 17.2x -1.8x
FCF Yield 18.6% 19.2% 33.2% -7.89% 5.83% -55.7%
Dividend per Share 2 0.24 0.24 0.24 0.24 0.24 0.24
Rate of return 1.89% 3.14% 2.95% 3.95% 4.54% 7.52%
EPS 2 1.06 0.6 0.3476 0.85 0.35 -1.13
Distribution rate 22.6% 40% 69.1% 28.2% 68.6% -21.2%
Net sales 1 204.5 321.4 396 368.2 243.3 95.74
EBITDA 1 33.49 24.66 28 36.83 15.58 -43.33
EBIT 1 22.34 14.21 17.55 26.49 6.372 -52.99
Net income 1 46.56 26.26 15.21 37.38 15.5 -49.4
Net Debt 1 -261.2 -183.8 -211.7 -219.1 -109.5 -51.32
Reference price 2 12.700 7.640 8.130 6.080 5.290 3.190
Nbr of stocks (in thousands) 43,743 43,763 43,763 43,763 43,763 43,803
Announcement Date 3/16/21 3/15/22 3/14/23 3/14/24 3/31/25 3/16/26
1USD in Million2USD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 279M
37.74x1.13x10.61x-.--% 2.24B
13.96x - - 2.89% 653M
6.57x0.53x7.43x6.15% 255M
1.86x - - - 205M
Average 15.03x 0.83x 9.02x 3.01% 727.28M
Weighted average by Cap. 28.56x 1.07x 10.28x 1.1%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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