Company Valuation: SES AI Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,102 643.7 789.7 657.1 198.4 - -
Change - -41.59% 22.69% -16.79% -69.81% - -
Enterprise Value (EV) 1 711.9 558 660.9 629.9 174.9 172.8 150.7
Change - -21.62% 18.44% -4.69% -72.24% -1.18% -12.81%
P/E -17.5x -10.8x -7.06x -8.18x -2.98x -3.27x -3.68x
PBR 0.5x 1.81x 2.84x 2.77x 1.13x 1.39x 1.95x
PEG - 1.94x -0.1x 0.3x 0.2x 0.38x 0.3x
Capitalization / Revenue - - - 31.3x 6.07x 2.91x 2.09x
EV / Revenue - - - 30x 5.35x 2.53x 1.59x
EV / EBITDA -9.25x -10.7x -8.16x -10.1x -3.01x -3.31x -2.09x
EV / EBIT -8.95x -7.14x -6.05x -7.62x -2.37x -2.63x -2.01x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Dividend per Share 2 - - - - - - -
Rate of return - - - - - - -
EPS 2 -0.18 -0.17 -0.31 -0.22 -0.1801 -0.1644 -0.1462
Distribution rate - - - - - - -
Net sales 1 - - - 21 32.7 68.2 95.04
EBITDA 1 -76.98 -51.97 -81 -62.56 -58.14 -52.28 -72.04
EBIT 1 -79.57 -78.16 -109.2 -82.61 -73.82 -65.7 -75.04
Net income 1 -50.99 -53.4 -100.2 -73.04 -59.89 -52.62 -47.89
Net Debt 1 -390.1 -85.67 -128.8 -27.24 -23.53 -25.59 -47.73
Reference price 2 3.1500 1.8300 2.1900 1.8000 0.5373 0.5373 0.5373
Nbr of stocks (in thousands) 349,825 351,729 360,585 365,072 369,283 - -
Announcement Date 3/14/23 2/26/24 2/25/25 3/4/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-336.8x3.25x17.5x-.--% 50.87B
79.89x2.68x17.69x0.07% 22.1B
16.47x1.38x12.16x1.5% 17.01B
25.16x1.4x11.12x0.5% 7.5B
18.67x - - 0.54% 7.34B
315.03x4x54.35x0.06% 7.12B
13.39x0.52x6.75x1.69% 4.61B
26.97x2.61x13.78x0.69% 4.26B
18.72x - - 1.07% 4.09B
Average 19.72x 2.26x 19.05x 0.68% 13.88B
Weighted average by Cap. -98.19x 2.65x 18.05x 0.4%

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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  3. SES Stock
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  5. Valuation SES AI Corporation