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 2,059 - -
Change - 12.99% 12.48% -3.77% 133.76% 54.54% - -
Enterprise Value (EV) 1 523.1 671.7 721.8 683.5 1,301 2,095 2,095 2,020
Change - 28.41% 7.46% -5.3% 90.32% 61.02% 0.02% -3.57%
P/E 30.8x 19.9x 11.5x 20.5x 28x 25.7x 21.1x 17.7x
PBR 3.6x 3.92x 3.26x 2.86x 3.95x 5.18x 4.41x 3.76x
PEG - 0.3x 0.1x -0.4x 0.5x 0.4x 1x 0.9x
Capitalization / Revenue 1.26x 0.89x 0.76x 0.88x 1.8x 1.91x 1.58x 1.35x
EV / Revenue 1.41x 1.13x 0.93x 1.06x 1.76x 1.94x 1.6x 1.33x
EV / EBITDA 15.4x 11.8x 8.17x 10.2x 15.7x 15.8x 13.2x 11x
EV / EBIT 21.8x 16x 10.2x 14.2x 20.2x 19.8x 16.1x 13.2x
EV / FCF 61.7x 118x 16.9x 19.5x 16x 54.8x 31.2x 23x
FCF Yield 1.62% 0.85% 5.92% 5.14% 6.23% 1.82% 3.21% 4.35%
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% 1.31% 1.52% 1.94%
EPS 2 0.0767 0.1336 0.26 0.14 0.22 0.3662 0.4462 0.5325
Distribution rate 32.5% 33.4% 25.4% 21.4% 28.4% 33.7% 32% 34.3%
Net sales 1 369.8 593.8 775.2 647.2 738.3 1,080 1,306 1,523
EBITDA 1 34.06 56.84 88.3 66.7 83.1 132.3 158.1 184.2
EBIT 1 23.99 42.07 70.7 48 64.5 105.7 130.5 153.6
Net income 1 15.23 26.28 51.1 28 43.8 80.33 97.68 116.7
Net Debt 1 56.93 145 129.4 113.5 -31.6 35.42 35.89 -38.95
Reference price 2 2.366 2.664 2.989 2.866 6.158 9.416 9.416 9.416
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.($)
35.77x6.39x19.91x0.62% 202B
60.59x9.68x31.68x0.62% 125B
36.55x13.69x27.32x0.36% 108B
13.76x0.29x6.64x3.73% 106B
110x10.68x52.4x0.15% 95.76B
22.47x1.31x14.48x0.45% 73.12B
56.84x12.49x38.07x0.68% 67.24B
82.21x9.7x41.2x0.01% 65.22B
18.26x3.14x11.88x1.51% 57.63B
Average 48.49x 7.49x 27.07x 0.9% 100.01B
Weighted average by Cap. 47.36x 7.54x 26.28x 0.91%

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