Company Valuation: OPENLANE, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,892 1,421 1,600 2,120 3,165 4,276 - -
Change - -24.9% 12.56% 32.51% 49.28% 35.12% - -
Enterprise Value (EV) 1 3,568 1,690 1,863 2,199 3,559 4,435 4,382 4,218
Change - -52.65% 10.28% 18.03% 61.81% 24.64% -1.19% -3.74%
P/E 97.6x 10x -8.14x 44.1x -31x 26.3x 22.5x -
PBR 1.25x 0.94x 1.17x - - - - -
PEG - 0x 0x -0x 0x -0x 1.3x -
Capitalization / Revenue 0.84x 0.94x 0.97x 1.19x 1.64x 1.95x 1.81x 1.67x
EV / Revenue 1.58x 1.11x 1.13x 1.23x 1.84x 2.03x 1.85x 1.65x
EV / EBITDA 8.22x 7.31x 6.85x 7.5x 10.7x 11.3x 10.1x 8.2x
EV / EBIT 16.9x 9.73x 7.59x 12.1x 18.1x 16.8x 14.6x -
EV / FCF 11.7x -3.27x 10.2x 9.23x 10.6x 10.9x 11.1x 8.45x
FCF Yield 8.54% -30.5% 9.84% 10.8% 9.46% 9.18% 8.97% 11.8%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.16 1.3 -1.82 0.45 -0.96 1.323 1.545 -
Distribution rate - - - - - - - -
Net sales 1 2,252 1,519 1,645 1,788 1,934 2,189 2,364 2,561
EBITDA 1 434.2 231.2 272 293.4 332.6 392.3 436 514.6
EBIT 1 210.6 173.7 245.6 182.2 196.6 264.2 300.1 -
Net income 1 66.5 241.2 -154.1 109.9 -103.1 173.5 201.1 -
Net Debt 1 1,676 268.3 263.5 79.5 394.1 159.6 106.7 -57.31
Reference price 2 15.62 13.05 14.81 19.84 29.78 34.82 34.82 34.82
Nbr of stocks (in thousands) 121,154 108,908 108,018 106,844 106,263 122,797 - -
Announcement Date 2/16/22 2/21/23 2/20/24 2/19/25 2/18/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.07x2.01x11.2x-.--% 4.24B
40.95x1.67x16.44x-.--% 46.2B
20.65x0.37x10.39x - 8B
8.68x0.31x6.86x3.54% 759M
11.4x0.46x8.16x2.48% 723M
13.58x2.89x11.39x4.93% 385M
-1944.7x0.38x-13.97x - 286M
5.88x0.19x3.96x19.51% 225M
14.5x0.08x3.54x2.27% 143M
Average -200.33x 0.93x 6.44x 4.68% 6.77B
Weighted average by Cap. 26.82x 1.49x 14.82x 0.21%

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

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