Company Valuation: Kitron ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 466.1 526.7 592.4 570 1,332 1,741 - -
Change - 12.99% 12.48% -3.77% 133.76% 30.68% - -
Enterprise Value (EV) 1 523.1 671.7 721.8 683.5 1,301 1,739 1,725 1,665
Change - 28.41% 7.46% -5.3% 90.32% 33.69% -0.83% -3.45%
P/E 30.8x 19.9x 11.5x 20.5x 28x 21.2x 17.4x 14.6x
PBR 3.6x 3.92x 3.26x 2.86x 3.95x 4.36x 3.69x 3.08x
PEG - 0.3x 0.1x -0.4x 0.5x 0.3x 0.8x 0.7x
Capitalization / Revenue 1.26x 0.89x 0.76x 0.88x 1.8x 1.56x 1.33x 1.14x
EV / Revenue 1.41x 1.13x 0.93x 1.06x 1.76x 1.56x 1.31x 1.09x
EV / EBITDA 15.4x 11.8x 8.17x 10.2x 15.7x 12.9x 10.7x 8.87x
EV / EBIT 21.8x 16x 10.2x 14.2x 20.2x 16x 13x 10.7x
EV / FCF 61.7x 118x 16.9x 19.5x 16x 46.1x 26.9x 16.6x
FCF Yield 1.62% 0.85% 5.92% 5.14% 6.23% 2.17% 3.71% 6.02%
Dividend per Share 2 0.0249 0.0446 0.066 0.03 0.0624 0.1136 0.1457 0.1856
Rate of return 1.05% 1.67% 2.21% 1.05% 1.01% 1.43% 1.83% 2.33%
EPS 2 0.0767 0.1336 0.26 0.14 0.22 0.3756 0.4564 0.5462
Distribution rate 32.5% 33.4% 25.4% 21.4% 28.4% 30.2% 31.9% 34%
Net sales 1 369.8 593.8 775.2 647.2 738.3 1,114 1,314 1,533
EBITDA 1 34.06 56.84 88.3 66.7 83.1 135.2 161.3 187.8
EBIT 1 23.99 42.07 70.7 48 64.5 108.4 132.2 156.1
Net income 1 15.23 26.28 51.1 28 43.8 82.16 100.1 120
Net Debt 1 56.93 145 129.4 113.5 -31.6 -2.189 -16.62 -76.08
Reference price 2 2.366 2.664 2.989 2.866 6.158 7.962 7.962 7.962
Nbr of stocks (in thousands) 197,014 197,691 198,198 198,890 216,389 218,702 - -
Announcement Date 2/11/22 2/15/23 2/14/24 2/13/25 2/12/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.65x5.86x17.57x0.66% 197B
13.13x0.28x6.42x3.87% 99.16B
23.46x9.18x19.54x0.52% 76.51B
20.47x1.18x13.21x0.55% 66.18B
34.6x5.45x17.72x1.08% 73.24B
18.82x3.2x12.15x1.41% 59.81B
43.58x4.48x21.75x0.28% 45.37B
61.37x7.36x31.26x0.01% 48.73B
30.11x1.97x21.3x-.--% 40.48B
Average 30.80x 4.33x 17.88x 0.93% 78.46B
Weighted average by Cap. 29.06x 4.52x 16.79x 1.09%

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