Company Valuation: NLI Holdings, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 233.2 361.1 332.4 274 379.5 267.3
Change - 54.86% -7.95% -17.59% 38.54% -29.58%
Enterprise Value (EV) 1 96.67 214.6 193.9 109.8 216.9 157.2
Change - 122.03% -9.66% -43.38% 97.56% -27.54%
P/E 15.9x 7.05x 9.82x -119x 5.65x -7.07x
PBR 0.75x 1x 0.87x 0.74x 0.96x 0.74x
PEG - 0x -0.3x 1x -0x 0x
Capitalization / Revenue 2.04x 2.56x 2x 1.7x 2.6x 1.69x
EV / Revenue 0.84x 1.52x 1.16x 0.68x 1.49x 0.99x
EV / EBITDA 13.4x 13.9x 9.33x 5.32x 9.64x 5.61x
EV / EBIT 28.5x 18.4x 11.5x 6.59x 11.5x 6.45x
EV / FCF 51.1x -68.9x 57.8x 8.76x 4.09x -5.18x
FCF Yield 1.96% -1.45% 1.73% 11.4% 24.5% -19.3%
Dividend per Share 2 0.16 0.24 0.28 0.28 0.32 0.36
Rate of return 3.35% 3.24% 4.11% 4.99% 4.12% 6.58%
EPS 2 0.3 1.049 0.6934 -0.0473 1.376 -0.7742
Distribution rate 53.3% 22.9% 40.4% -592% 23.2% -46.5%
Net sales 1 114.5 140.8 166.6 161.3 145.9 158.3
EBITDA 1 7.219 15.49 20.77 20.63 22.5 28.02
EBIT 1 3.392 11.66 16.8 16.66 18.81 24.36
Net income 1 14.68 51.19 33.84 -2.308 67.23 -37.83
Net Debt 1 -136.5 -146.5 -138.5 -164.2 -162.7 -110.1
Reference price 2 4.780 7.400 6.810 5.610 7.770 5.470
Nbr of stocks (in thousands) 48,789 48,803 48,816 48,833 48,848 48,863
Announcement Date 3/10/21 3/9/22 3/8/23 3/6/24 3/6/25 3/9/26
1USD in Million2USD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 348M
29.07x5.17x18.9x0.9% 113B
30.41x4.77x18.18x1.76% 87.62B
29.24x3.34x19.29x0.71% 64.02B
40.79x6.38x28.11x1.88% 59.56B
35.99x7.28x21.32x-.--% 52.3B
23.73x4.55x15.65x2.52% 33.49B
21.34x1.83x13.16x2.2% 31.05B
22.79x4.16x15.7x0.1% 30.74B
22.87x3.31x14.25x1.02% 27.63B
Average 28.47x 4.53x 18.28x 1.23% 50.02B
Weighted average by Cap. 29.88x 4.82x 19.14x 1.2%

Y-o-Y evolution of P/E

Valuation ratios - P/E - NLI Holdings, Inc.

Historical PBR trend

Valuation ratios - PBR - NLI Holdings, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - NLI Holdings, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - NLI Holdings, Inc.

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