Company Valuation: Norden

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 932.5 2,029 1,504 885.8 1,138 1,364 - -
Change - 117.57% -25.86% -41.11% 28.43% 19.92% - -
Enterprise Value (EV) 1 932.5 2,029 1,504 885.8 1,519 1,341 1,427 1,346
Change - 117.57% -25.86% -41.11% 71.52% -11.72% 6.35% -5.63%
P/E 4.68x 2.85x 3.87x 5.58x - 14.4x 37.6x 20.8x
PBR - - - - 0.91x 1.13x 1.22x 1.14x
PEG - 0x -0.1x -0.1x - - -0.6x 0.3x
Capitalization / Revenue - - - 0.22x 0.36x 0.56x 0.52x 0.59x
EV / Revenue - - - 0.22x 0.49x 0.56x 0.54x 0.58x
EV / EBITDA - 1.75x - 2.05x 3.34x 3.56x 3.57x 3.14x
EV / EBIT - - - - 9.59x 18x 17x 12.1x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - - - - 1.264 1.256 1.256 1.256
Rate of return - - - - 3.18% 2.58% 2.58% 2.58%
EPS 2 5.42 21.1 12.3 5.3 - 3.385 1.295 2.334
Distribution rate - - - - - 37.1% 97% 53.8%
Net sales 1 - - - 4,040 3,126 2,415 2,638 2,321
EBITDA 1 - 1,159 - 432.2 454.3 376.6 399.8 428.7
EBIT 1 - - - - 158.4 74.67 83.92 111.4
Net income 204.5 - 400.1 162.7 - - 36.3 65.43
Net Debt 1 - - - - 381.7 -22.94 62.24 -18.03
Reference price 2 25.34 60.06 47.60 29.56 39.69 48.64 48.64 48.64
Nbr of stocks (in thousands) 36,796 33,780 31,596 29,967 28,663 28,050 - -
Announcement Date 3/3/22 2/10/23 2/8/24 2/6/25 2/4/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- 0.58x3.73x2.47% 1.43B
7.34x1.16x3.97x10.22% 13.42B
9.21x1.49x5.09x7.95% 6.08B
45.47x17.28x24.86x2.01% 5.07B
13.68x - - - 4.21B
8.27x2.61x6.92x12.01% 3.14B
7.62x0.82x2.52x2.8% 2.95B
7.2x3.25x5.32x13.36% 2.9B
5.31x - -170.4x18.85% 2.61B
4.73x2.17x3.12x - 2.38B
Average 12.09x 3.67x -12.76x 8.71% 4.42B
Weighted average by Cap. 12.56x 3.70x -4.44x 8.86%

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