Company Valuation: Nova Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,175 2,345 3,947 5,746 10,023 12,590 - -
Change - -43.83% 68.29% 45.6% 74.43% 25.61% - -
Enterprise Value (EV) 1 4,175 2,345 3,947 5,340 9,706 12,540 12,110 11,589
Change - -43.83% 68.29% 35.31% 81.76% 29.19% -3.42% -4.31%
P/E 47x 18.6x 32.1x 34.3x 41.3x 41.8x 31.5x 27.4x
PBR 9.22x 4.43x - 6.22x 7.92x 7.91x 6.16x 4.65x
PEG - 0.5x -11.77x 1x 1.1x 2.2x 1x 1.8x
Capitalization / Revenue 10x 4.11x 7.62x 8.55x 11.4x 11.7x 9.26x 7.78x
EV / Revenue 10x 4.11x 7.62x 7.94x 11x 11.6x 8.9x 7.16x
EV / EBITDA 31.4x 12.5x 23.7x 23.1x 31.8x 31.4x 22.7x 16.9x
EV / EBIT 33x 13.1x 25.2x 24.3x 33.2x 33.7x 24.5x 19.2x
EV / FCF - - - 24.5x 44.5x 59.5x 33.6x -
FCF Yield - - - 4.08% 2.25% 1.68% 2.98% -
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 3.12 4.4 4.28 5.75 7.96 9.484 12.59 14.48
Distribution rate - - - - - - - -
Net sales 1 416.1 570.7 517.9 672.4 880.6 1,078 1,360 1,618
EBITDA 1 132.8 187.2 166.8 231 305.4 399.9 532.5 686.4
EBIT 1 126.3 178.6 156.4 219.3 292 372.6 494.8 602.7
Net income 1 93.1 140.2 136.3 183.8 259.2 326.9 421.2 492.3
Net Debt 1 - - - -406 -316.8 -50.21 -479.6 -1,001
Reference price 2 146.50 81.68 137.39 196.95 328.39 396.12 396.12 396.12
Nbr of stocks (in thousands) 28,500 28,711 28,725 29,176 30,522 31,783 - -
Announcement Date 2/24/22 2/15/23 2/15/24 2/13/25 2/12/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
41.77x11.64x31.35x-.--% 12.59B
23.43x13.34x20.12x0.32% 5,649B
23.23x11.42x15.48x1.08% 2,035B
38.4x16.23x23.84x0.73% 1,695B
14.63x8.98x10.8x0.05% 1,214B
110.59x20.07x76.37x-.--% 1,035B
5.22x3.39x4.09x0.19% 996B
-51.7x10.3x28.67x-.--% 627B
243.9x53.58x109.14x-.--% 328B
Average 49.94x 16.55x 35.54x 0.26% 1,510B
Weighted average by Cap. 31.66x 13.64x 24.72x 0.41%

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