Company Valuation: Mynaric AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023
Capitalization 1 234.6 89.68 131.8
Change - -61.77% 46.92%
Enterprise Value (EV) 1 195.4 102.8 195.9
Change - -47.39% 90.48%
P/E ratio -4.18x -1.17x -1.37x
PBR 2.76x 3.24x -2.67x
PEG -0.1x -0x -0.1x
Capitalization / Revenue 99.6x 20.3x 24.4x
EV / Revenue 83x 23.3x 36.3x
EV / EBITDA -4.83x -1.49x -2.82x
EV / EBIT -4.6x -1.42x -2.67x
EV / FCF -5.61x -2.79x -9.05x
FCF Yield -17.8% -35.8% -11.1%
Dividend per Share 2 - - -
Rate of return - - -
EPS 2 -2.675 -3.393 -3.87
Distribution rate - - -
Net sales 1 2.355 4.422 5.39
EBITDA 1 -40.46 -69 -69.48
EBIT 1 -42.45 -72.26 -73.3
Net income 1 -45.48 -73.78 -93.53
Net Debt 1 -39.12 13.14 64.1
Reference price 2 11.184696 3.966713 5.284443
Nbr of stocks (in thousands) 20,972 22,609 24,934
Announcement Date 5/6/22 5/1/23 5/17/24
1EUR in Million2EUR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 10.11K
86.11x - - - 5.6B
41.11x3.53x20.79x0.07% 950M
53.09x - - - 783M
20x5.9x12.7x - 706M
Average 50.08x 4.72x 16.75x 0.07% 1.61B
Weighted average by Cap. 71.77x 4.54x 17.34x 0.07%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA