Company Valuation: Photocure ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,769 2,895 1,827 1,681 1,900 1,498 - -
Change - 4.55% -36.89% -8.01% 13.04% -21.15% - -
Enterprise Value (EV) 1 2,483 2,639 1,567 1,387 1,661 1,295 1,277 1,244
Change - 6.28% -40.61% -11.53% 19.77% -22.01% -1.44% -2.58%
P/E -89.3x -40.2x 6,740x -344x -1,190x 16.6x 34.9x 35.6x
PBR - - - - - 5.23x 4.64x 4.45x
PEG - -0x -67x 0x 17.9x -0x -0.7x -17.23x
Capitalization / Revenue 7.68x 7.73x 4.09x 3.42x 3.57x 2.27x 2.25x 2.1x
EV / Revenue 6.89x 7.05x 3.51x 2.82x 3.12x 1.96x 1.92x 1.74x
EV / EBITDA 136x -107x 28.2x 28.2x 57.8x 7.57x 13.1x 11.4x
EV / EBIT -426x -53.9x 56.4x 68x -2,229x 8.05x 15.9x 13.4x
EV / FCF 113x -469x 35.4x 18.4x 95x 12.9x 19.6x 33.6x
FCF Yield 0.89% -0.21% 2.82% 5.43% 1.05% 7.76% 5.09% 2.98%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -1.15 -2.66 0.01 -0.18 -0.06 3.393 1.613 1.58
Distribution rate - - - - - - - -
Net sales 1 360.5 374.5 446.2 491.7 532.6 659.7 664.7 713.7
EBITDA 1 18.3 -24.63 55.49 49.19 28.73 171 97.33 109.3
EBIT 1 -5.826 -49 27.81 20.4 -0.745 161 80.33 93
Net income 1 -30.9 -71.86 0.267 -4.81 -1.519 91.33 43.33 54.33
Net Debt 1 -285.4 -255.6 -259.5 -293.9 -238.9 -202.7 -221.3 -254.3
Reference price 2 102.70 106.80 67.40 62.00 71.40 56.30 56.30 56.30
Nbr of stocks (in thousands) 26,960 27,106 27,106 27,106 26,607 26,607 - -
Announcement Date 2/23/22 2/23/23 2/21/24 2/19/25 2/18/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.59x1.96x7.57x - 156M
34.93x12.49x26.13x0.58% 1,048B
26.93x6.14x16.82x2.14% 603B
33.36x7.57x15.52x2.68% 452B
17.83x4.42x10.88x3% 327B
21.97x5.47x13.3x2.81% 283B
20.86x4.4x12.18x2% 259B
14.29x5.31x10.95x3.5% 219B
24.02x6.34x11.18x2.75% 198B
-46.93x5.62x31.07x2.53% 162B
Average 16.39x 5.97x 15.56x 2.44% 355.19B
Weighted average by Cap. 24.13x 7.79x 18.21x 2.01%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  2. Stocks
  3. PHO Stock
  4. Valuation Photocure ASA