Company Valuation: Pexip Holding ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,232 1,297 2,626 4,460 7,983 7,850 - -
Change - -69.34% 102.38% 69.84% 79% -1.67% - -
Enterprise Value (EV) 1 3,548 966.3 2,153 3,895 7,432 7,272 7,218 7,196
Change - -72.77% 122.81% 80.92% 90.81% -2.16% -0.74% -0.3%
P/E -26.8x -4.96x -32.8x 39.2x 33.3x 25.4x 20.6x 17.3x
PBR 2.24x 0.84x 1.74x 2.78x 5.28x 5.68x 5.76x 5.72x
PEG - -0.1x 0.5x -0x 0x 1x 0.9x 0.9x
Capitalization / Revenue 5.25x 1.5x 2.64x 3.99x 6.5x 5.85x 5.16x 4.59x
EV / Revenue 4.4x 1.11x 2.17x 3.48x 6.05x 5.42x 4.75x 4.2x
EV / EBITDA -28.5x -5.25x 21x 20.4x 23.9x 16.3x 13.6x 11.4x
EV / EBIT -17.9x -2.68x -22.3x 35.6x 28.7x 18.5x 15.2x 12.5x
EV / FCF -18.6x - 20.6x 20.6x 20.7x 15.7x 14.8x 14.4x
FCF Yield -5.37% - 4.86% 4.86% 4.83% 6.38% 6.74% 6.93%
Dividend per Share 2 - - 0.6 2.5 4 4.067 4.047 4.735
Rate of return - - 2.32% 5.69% 5.13% 5.41% 5.38% 6.3%
EPS 2 -1.53 -2.58 -0.79 1.12 2.34 2.955 3.643 4.342
Distribution rate - - -75.9% 223% 171% 138% 111% 109%
Net sales 1 805.5 867.1 993.6 1,119 1,228 1,342 1,521 1,712
EBITDA 1 -124.3 -184 102.4 190.8 311.1 445.3 529.8 633.2
EBIT 1 -198 -360.4 -96.76 109.5 258.5 392.9 473.8 573.5
Net income 1 -157.3 -262.2 -79.79 117.9 248.3 310 379.5 454.4
Net Debt 1 -684.3 -331.2 -472.9 -564.5 -550.6 -578 -631.6 -653.6
Reference price 2 41.00 12.80 25.90 43.90 77.90 75.20 75.20 75.20
Nbr of stocks (in thousands) 103,232 101,365 101,382 101,587 102,477 104,382 - -
Announcement Date 2/10/22 2/14/23 2/14/24 2/13/25 2/12/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.71x3.97x8.3x-.--% 106B
20.42x13.03x15.52x-.--% 107B
34.1x4.27x12.75x-.--% 47.19B
25.56x5.25x12.69x-.--% 45.54B
16.21x5.81x14.86x0.88% 40.28B
15.84x6.11x12.48x-.--% 15.3B
24.69x2.26x13.05x-.--% 13.95B
27.61x - - 3.52% 11.13B
74.28x4.51x18.46x-.--% 9.76B
Average 28.16x 5.65x 13.51x 0.49% 44.04B
Weighted average by Cap. 22.19x 6.91x 12.66x 0.19%

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