Company Valuation: LightOn

Data adjusted to current consolidation scope
Fiscal Period: December 2024 2025 2026 2027
Market Cap 1 80.12 25.14 25.14 -
Change - -68.62% 0% -
Enterprise Value (EV) 1 68.25 21.54 25.84 33.04
Change - -68.44% 19.96% 27.86%
P/E -13.5x -3.76x -4.06x -4.8x
PBR - - - -
PEG 0x -0.41x 0.56x 0.3x
Capitalization / Revenue 71x 18.5x 8.38x 4.93x
EV / Revenue 60.5x 12x 8.61x 6.48x
EV / EBITDA -15.5x -3.47x -5.27x -10.7x
EV / EBIT -13.5x -2.91x -3.98x -6.01x
EV / FCF -23.9x -2.6x 5.62x 4.65x
FCF Yield -4.19% -38.5% 17.8% 21.5%
Dividend per Share 2 - - - -
Rate of return - - - -
EPS 2 -0.96 -1.047 -0.9708 -0.82
Distribution rate - - - -
Net sales 1 1.129 1.74 3 5.1
EBITDA 1 -4.406 -6.677 -4.9 -3.1
EBIT 1 -5.062 -7.655 -6.5 -5.5
Net income 1 -4.813 -7.391 -6.5 -5.5
Net Debt 1 -11.87 -3.6 0.7 7.9
Reference price 2 13.000 3.940 3.940 3.940
Nbr of stocks (in thousands) 6,163 6,446 6,446 -
Announcement Date 4/15/25 3/31/26 - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-3.76x12.11x-3.52x - 29.59M
19.11x1.43x8.2x2.48% 650M
32.7x1.33x13.62x - 581M
14.23x - - 3.72% 380M
12.34x - - 3.32% 299M
24.98x - - 2.73% 223M
Average 16.60x 4.96x 6.10x 3.06% 360.44M
Weighted average by Cap. 21.26x 1.63x 10.42x 2.98%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA