Company Valuation: Orkla ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 88,000 70,737 78,651 98,263 111,353 103,762 - -
Change - -19.62% 11.19% 24.94% 13.32% -6.82% - -
Enterprise Value (EV) 1 101,207 88,337 98,434 115,156 126,051 120,342 119,442 119,599
Change - -12.72% 11.43% 16.99% 9.46% -4.53% -0.75% 0.13%
P/E 18.3x 14.1x 15.1x 16.2x 9.8x 16.3x 15.4x 14.4x
PBR 2.29x 1.7x 1.74x 2.04x 2.3x 2.28x 2.18x 2.04x
PEG - 3.09x 4.48x 1x 0.1x -0.4x 2.69x 2.03x
Capitalization / Revenue 1.74x 1.21x 1.16x 1.39x 1.56x 1.45x 1.4x 1.36x
EV / Revenue 2.01x 1.51x 1.45x 1.63x 1.76x 1.68x 1.62x 1.56x
EV / EBITDA 12.3x 9.14x 10.3x 10.7x 12.8x 11.9x 11.3x 10.8x
EV / EBIT 17.7x 12.8x 15.8x 15.7x 17.8x 16.3x 15.1x 14.3x
EV / FCF 27x 36x 22.7x 15x 18.5x 18.6x 19.3x 16.5x
FCF Yield 3.7% 2.78% 4.4% 6.66% 5.42% 5.37% 5.18% 6.04%
Dividend per Share 2 3 3 3 4 6 5.124 4.672 5.078
Rate of return 3.4% 4.23% 3.81% 4.07% 5.33% 4.85% 4.42% 4.8%
EPS 2 4.82 5.04 5.21 6.06 11.48 6.501 6.874 7.361
Distribution rate 62.2% 59.5% 57.6% 66% 52.3% 78.8% 68% 69%
Net sales 1 50,441 58,391 67,797 70,656 71,547 71,683 73,921 76,522
EBITDA 1 8,232 9,668 9,578 10,744 9,818 10,118 10,600 11,050
EBIT 1 5,730 6,897 6,234 7,351 7,086 7,396 7,921 8,372
Net income 1 4,808 5,019 5,196 6,057 11,473 6,375 6,699 7,141
Net Debt 1 13,207 17,600 19,783 16,893 14,698 16,580 15,680 15,837
Reference price 2 88.36 70.94 78.84 98.35 112.50 105.70 105.70 105.70
Nbr of stocks (in thousands) 995,929 997,144 997,605 999,118 989,802 981,663 - -
Announcement Date 2/10/22 2/14/23 2/8/24 2/13/25 2/12/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.57x1.15x7.32x4.82% 3.78B
7.99x1.13x6.96x7% 1.53B
16.47x1.21x9.5x4.83% 1.49B
11.72x - - - 1.15B
7.72x0.43x4.53x3.76% 544M
44.28x1.56x14.12x0.11% 510M
Average 17.13x 1.10x 8.49x 4.11% 1.5B
Weighted average by Cap. 14.67x 1.14x 7.91x 4.87%

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