Company Valuation: Itera ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 1,228 1,064 970.4 728.7 701.1 498.5 -
Change - -13.42% -8.76% -24.91% -3.78% -28.9% -
Enterprise Value (EV) 1 1,191 1,022 921.2 678.8 644.4 426.4 426
Change - -14.21% -9.84% -26.32% -5.06% -33.84% -0.08%
P/E 28.2x 21x 17.2x 20.8x 30.6x 9.28x 7.42x
PBR 31.1x 21.6x 20.4x 15.4x 15.3x 8.22x 7.92x
PEG - 1.3x 1.5x -0.5x -0.9x 0x 0.3x
Capitalization / Revenue 1.94x 1.45x 1.11x 0.86x 0.83x 0.55x 0.5x
EV / Revenue 1.88x 1.39x 1.06x 0.8x 0.76x 0.47x 0.42x
EV / EBITDA 13.7x 9.38x 8.11x 7.95x 9.35x 4.17x 3.54x
EV / EBIT 20.3x 13.2x 11.3x 13x 17.5x 6.1x 4.87x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Dividend per Share 2 0.35 0.5 0.7 0.6 0.3 0.6 0.8
Rate of return 2.3% 3.79% 5.81% 6.71% 3.5% 9.77% 13%
EPS 2 0.54 0.6298 0.7 0.43 0.28 0.6616 0.8276
Distribution rate 64.8% 79.4% 100% 140% 107% 90.7% 96.7%
Net sales 1 633.1 735.8 871.6 849.1 844.3 904.2 1,006
EBITDA 1 87.07 109 113.7 85.33 68.9 102.4 120.5
EBIT 1 58.6 77.22 81.35 52.36 36.8 69.91 87.4
Net income 1 44.15 50.99 56.68 34.95 22.98 54.38 68.01
Net Debt 1 -37.46 -41.9 -49.21 -49.89 -56.68 -72.12 -72.48
Reference price 2 15.250 13.200 12.050 8.940 8.580 6.140 6.140
Nbr of stocks (in thousands) 80,550 80,575 80,532 81,505 81,714 81,189 -
Announcement Date 2/17/22 2/16/23 2/15/24 2/21/25 2/13/26 - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.28x0.47x4.17x9.77% 52.89M
35.99x6.57x23.34x0.95% 79.19B
37.76x1.26x13.54x0.99% 16.78B
20.02x2.05x10.08x3.68% 13.86B
25.51x2.85x12.19x2.93% 12.04B
24.05x3.37x13.01x2.39% 7.71B
15.54x0.65x9.23x1.38% 6.9B
9.62x1.14x6.07x2.18% 5.74B
20.68x2.23x10.52x-.--% 5.33B
79.4x - - - 5.38B
Average 27.79x 2.29x 11.35x 2.7% 15.3B
Weighted average by Cap. 32.38x 4.43x 17.73x 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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