Company Valuation: Kitron ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 466.1 526.7 592.4 570 1,332 2,021 - -
Change - 12.99% 12.48% -3.77% 133.76% 51.69% - -
Enterprise Value (EV) 1 523.1 671.7 721.8 683.5 1,301 2,063 2,047 1,966
Change - 28.41% 7.46% -5.3% 90.32% 58.6% -0.8% -3.95%
P/E 30.8x 19.9x 11.5x 20.5x 28x 25.2x 20.6x 17.2x
PBR 3.6x 3.92x 3.26x 2.86x 3.95x 5.05x 4.22x 3.54x
PEG - 0.3x 0.1x -0.4x 0.5x 0.4x 0.9x 0.9x
Capitalization / Revenue 1.26x 0.89x 0.76x 0.88x 1.8x 1.84x 1.55x 1.32x
EV / Revenue 1.41x 1.13x 0.93x 1.06x 1.76x 1.88x 1.57x 1.29x
EV / EBITDA 15.4x 11.8x 8.17x 10.2x 15.7x 15.6x 13x 10.6x
EV / EBIT 21.8x 16x 10.2x 14.2x 20.2x 19.4x 15.7x 12.8x
EV / FCF 61.7x 118x 16.9x 19.5x 16x 54x 30.4x 22.4x
FCF Yield 1.62% 0.85% 5.92% 5.14% 6.23% 1.85% 3.28% 4.47%
Dividend per Share 2 0.0249 0.0446 0.066 0.03 0.0624 0.1233 0.143 0.1828
Rate of return 1.05% 1.67% 2.21% 1.05% 1.01% 1.33% 1.55% 1.98%
EPS 2 0.0767 0.1336 0.26 0.14 0.22 0.3662 0.4482 0.5365
Distribution rate 32.5% 33.4% 25.4% 21.4% 28.4% 33.7% 31.9% 34.1%
Net sales 1 369.8 593.8 775.2 647.2 738.3 1,099 1,307 1,528
EBITDA 1 34.06 56.84 88.3 66.7 83.1 131.9 157.9 184.6
EBIT 1 23.99 42.07 70.7 48 64.5 106.6 130.5 154
Net income 1 15.23 26.28 51.1 28 43.8 80.13 97.88 117.7
Net Debt 1 56.93 145 129.4 113.5 -31.6 41.92 25.39 -55.45
Reference price 2 2.366 2.664 2.989 2.866 6.158 9.242 9.242 9.242
Nbr of stocks (in thousands) 197,014 197,691 198,198 198,890 216,389 218,702 - -
Announcement Date 2/11/22 2/15/23 2/14/24 2/13/25 2/12/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.25x6.48x20.17x0.61% 205B
56.05x8.93x29.23x0.67% 115B
35.22x13.18x26.31x0.38% 104B
13.84x0.3x6.77x3.71% 106B
100.38x9.81x47.95x0.16% 87.94B
21.92x1.28x14.15x0.46% 71.28B
54.66x11.93x36.29x0.72% 64.48B
82.79x9.77x41.47x0.01% 65.68B
18.51x3.18x12.04x1.49% 58.42B
Average 46.63x 7.21x 26.04x 0.91% 97.54B
Weighted average by Cap. 44.93x 7.19x 25.00x 0.93%

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