Company Valuation: WisdomTree, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 869.4 780 1,007 1,483 1,667 3,553 - -
Change - -10.28% 29.08% 47.32% 12.4% 113.08% - -
Enterprise Value (EV) 1 920.1 842.9 1,282 1,995 2,160 4,005 3,923 3,800
Change - -8.39% 52.07% 55.68% 8.24% 85.44% -2.05% -3.12%
P/E 19.7x 17.6x 10.8x 31.8x 16.3x 31.7x 18.2x 15.6x
PBR 2.21x 1.82x 2.55x 3.84x 4.15x 5.09x 3.91x 3.11x
PEG - - 0x -0.7x 0x 23.78x 0.2x 1x
Capitalization / Revenue 2.86x 2.59x 2.88x 3.47x 3.38x 5.09x 4.62x 4.27x
EV / Revenue 3.02x 2.8x 3.67x 4.67x 4.37x 5.73x 5.1x 4.57x
EV / EBITDA 10.2x 11.9x 13.6x 13.9x 11.7x 13.3x 12x 11.2x
EV / EBIT 10.3x 13.1x 13.7x 14x 12x 14x 12.5x 11.2x
EV / FCF 12.3x - 15x 17.6x 14.6x 20.4x 18.1x -
FCF Yield 8.15% - 6.68% 5.68% 6.84% 4.91% 5.51% -
Dividend per Share 2 0.12 - 0.12 0.12 0.12 0.12 0.1225 0.135
Rate of return 1.96% - 1.73% 1.14% 0.98% 0.5% 0.51% 0.56%
EPS 2 0.31 0.31 0.64 0.33 0.75 0.76 1.324 1.54
Distribution rate 38.7% - 18.8% 36.4% 16% 15.8% 9.25% 8.77%
Net sales 1 304.3 301.3 349 427.7 493.8 698.5 769.6 832.2
EBITDA 1 89.8 70.73 94.24 144 184.1 300.5 326.9 340.5
EBIT 1 89.06 64.54 93.37 142.3 180.3 285.7 313.8 339.8
Net income 1 49.8 50.68 102.5 66.69 109.1 116.4 203.9 239
Net Debt 1 50.75 62.88 274.9 512 492.5 452.4 370.4 247.8
Reference price 2 6.12 5.45 6.93 10.50 12.19 24.06 24.06 24.06
Nbr of stocks (in thousands) 142,053 143,125 145,294 141,274 136,777 147,659 - -
Announcement Date 1/28/22 2/3/23 2/2/24 1/31/25 1/30/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.66x5.73x13.33x0.5% 3.55B
23.8x8.21x15.76x3.6% 115B
18.03x14.15x25.07x0.71% 98.49B
24.46x - - 3.78% 32.56B
11.72x4.83x9.5x5.2% 22.1B
17.29x1.83x7.01x3.86% 17.35B
14.94x4.6x12.68x2.9% 17.24B
15.29x9.62x - 9.57% 14.41B
33.87x19.92x27.28x - 12.36B
Average 21.23x 8.61x 15.80x 3.77% 36.96B
Weighted average by Cap. 20.64x 9.86x 18.24x 3.05%

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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