Company Valuation: Icon Offshore

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 283.8 257 316.9 629.8 2,336 1,681 - -
Change - -9.47% 23.31% 98.78% 270.91% -28.05% - -
Enterprise Value (EV) 1 536 421.2 418.3 699.4 2,395 2,034 1,928 1,803
Change - -21.43% -0.68% 67.2% 242.48% -15.07% -5.25% -6.46%
P/E 11.1x 1.52x 65x 13.7x 20x 23.3x 15.9x 14.1x
PBR - - - - - 185x 185x -
PEG - 0x -0.7x 0x 0.5x -0.6x 0.3x 1.1x
Capitalization / Revenue 0.94x 0.91x 1.59x 2.67x 8.07x 5.43x 4.71x 4.83x
EV / Revenue 1.78x 1.49x 2.09x 2.97x 8.27x 6.57x 5.4x 5.18x
EV / EBITDA 3.94x 3.74x 4.71x 6.73x 10.7x 10.1x 8.3x 7.28x
EV / EBIT 7.03x 7.98x 12.5x 15.5x 16.4x 18.2x 13.1x 10.4x
EV / FCF -5.34x 0.86x 7.2x 98.4x -37.7x -14.2x 11.7x 9.85x
FCF Yield -18.7% 117% 13.9% 1.02% -2.65% -7.03% 8.57% 10.2%
Dividend per Share 2 - - 0.05 - 0.04 0.045 0.045 0.05
Rate of return - - 8.55% - 1.92% 3.04% 3.04% 3.38%
EPS 2 0.0475 0.3125 0.009 0.0737 0.1038 0.0635 0.093 0.105
Distribution rate - - 556% - 38.5% 70.9% 48.4% 47.6%
Net sales 1 300.9 283.5 199.8 235.8 289.7 309.8 356.8 348.1
EBITDA 1 135.9 112.6 88.75 103.9 223.6 202 232.3 247.8
EBIT 1 76.21 52.8 33.59 44.99 146.3 111.6 147.6 172.8
Net income 1 25.58 168.9 4.856 45.04 100.4 80.15 116.2 141.8
Net Debt 1 252.2 164.2 101.4 69.56 59.13 353.4 246.6 122
Reference price 2 0.525 0.475 0.585 1.010 2.080 1.480 1.480 1.480
Nbr of stocks (in thousands) 540,638 540,968 541,637 623,614 1,123,173 1,135,786 - -
Announcement Date 2/28/22 4/28/23 2/29/24 2/28/25 2/27/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.46x6.6x10.13x3.02% 415M
23.29x2.35x10.92x2.18% 79.34B
19.26x2.36x13.32x1.68% 54.26B
16.04x2.22x9.69x4.62% 30.6B
15.43x1.53x8.56x1.91% 29.58B
23.11x2.54x12.52x0.28% 28B
28.02x4.6x18.24x1.03% 14.37B
13.54x1.29x5.42x3.63% 10.49B
32.19x0.53x4.69x3.63% 9.84B
20.95x0.8x7.05x2.08% 6.87B
Average 21.53x 2.48x 10.05x 2.41% 26.38B
Weighted average by Cap. 20.86x 2.24x 11.02x 2.18%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Icon Offshore

Historical PBR trend

Valuation ratios - PBR - Icon Offshore

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Icon Offshore

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Icon Offshore


Year-on-year evolution of the Yield

Valuation ratios - Yield - Icon Offshore
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