Company Valuation: Nelnet, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 3,735 3,368 3,293 3,876 4,778 4,785 -
Change - -9.84% -2.23% 17.71% 23.26% 0.16% -
Enterprise Value (EV) 3,735 3,368 3,293 3,876 4,778 4,785 4,785
Change - -9.84% -2.23% 17.71% 23.26% 0.16% 0%
P/E - - 36x 21.3x 11.3x 16.3x 13.9x
PBR 1.25x 1.05x - - - - -
PEG - - - 0x 0x -0.5x 0.8x
Capitalization / Revenue 2.82x 2.16x 2.7x 2.66x 2.72x 2.83x 2.67x
EV / Revenue 0x 0x 0x 0x 0x 2.83x 2.67x
EV / EBITDA - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 9.24x 8.41x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Dividend per Share 2 0.9 - - - 1.19 1.32 -
Rate of return 0.92% - - - 0.9% 0.99% -
EPS 2 - - 2.45 5.02 11.79 8.18 9.58
Distribution rate - - - - 10.1% 16.1% -
Net sales 1 1,325 1,559 1,220 1,458 1,759 1,690 1,794
EBITDA - - - - - - -
EBIT 1 489.7 555.9 139.6 283.2 594.2 518 569
Net income 1 - - 91.53 184 428.5 293 338
Net Debt - - - - - - -
Reference price 2 97.68 90.75 88.22 106.81 132.96 133.17 133.17
Nbr of stocks (in thousands) 38,242 37,111 37,324 36,288 35,933 35,934 -
Announcement Date 2/28/22 2/28/23 2/27/24 2/27/25 2/26/26 - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.28x - - 0.99% 4.79B
26.64x17.11x - 0.64% 69.03B
26.86x4.51x15.28x-.--% 38.62B
25.61x5.18x25.67x0.08% 31.55B
18.41x12.46x23.72x1.12% 25.94B
7.68x1.8x3.4x1.77% 24.29B
29.54x4.38x12.87x-.--% 22.63B
22.85x18.82x45.74x0.16% 15.59B
29.17x - - - 15.35B
Average 22.56x 9.18x 21.11x 0.6% 27.53B
Weighted average by Cap. 23.81x 10.01x 19.56x 0.54%

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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  4. Valuation Nelnet, Inc.