Company Valuation: Novavax, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 10,817 883.9 570.2 1,288 1,092 1,668 - -
Change - -91.83% -35.49% 125.87% -15.21% 52.72% - -
Enterprise Value (EV) 1 9,756 -228.1 169.7 534.5 1,092 1,887 1,971 1,668
Change - -102.34% 174.39% 214.93% 104.32% 72.77% 4.46% -15.38%
P/E ratio -6.1x -1.22x -0.89x -6.54x 2.6x -28.7x -31.5x 44.8x
PBR -30.9x -1.38x -0.93x -2.07x - -2.91x -2.79x -
PEG - 0x 0x 0.1x -0x 0x 3.58x -0x
Capitalization / Revenue 9.44x 0.45x 0.58x 1.89x 0.97x 4.35x 6.8x 4.92x
EV / Revenue 8.51x -0.12x 0.17x 0.78x 0.97x 4.92x 8.03x 4.92x
EV / EBITDA - 0.37x -0.32x -2.67x - -78x -40x -36.8x
EV / EBIT -5.78x 0.35x -0.3x -2.15x 1.98x -35.5x -42.6x 29.1x
EV / FCF 36.8x 0.45x -0.22x -5.33x - 16x -19.9x 6.15x
FCF Yield 2.72% 221% -452% -18.8% - 6.25% -5.02% 16.3%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -23.44 -8.42 -5.41 -1.23 2.58 -0.3563 -0.3249 0.2287
Distribution rate - - - - - - - -
Net sales 1 1,146 1,982 983.7 682.2 1,123 383.5 245.4 338.9
EBITDA 1 - -615.7 -525.3 -200.4 - -24.18 -49.22 -45.37
EBIT 1 -1,687 -644.7 -566.5 -248.9 550.6 -53.1 -46.24 57.33
Net income 1 -1,744 -657.9 -545.1 -187.5 440.3 -57.9 -54.43 39.34
Net Debt 1 -1,061 -1,112 -400.5 -753.4 - 219 303.2 -
Reference price 2 143.07 10.28 4.80 8.04 6.72 10.24 10.24 10.24
Nbr of stocks (in thousands) 75,608 85,979 118,790 160,185 162,499 162,936 - -
Announcement Date 2/28/22 2/28/23 2/28/24 2/27/25 2/26/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-28.73x4.92x-78.02x-.--% 1.67B
33.07x4.92x16.5x1.02% 42.78B
51.96x4.42x29.75x-.--% 31.5B
54.26x11.14x30.96x0.35% 29.99B
19.97x2.36x10.18x-.--% 27.65B
-12.38x320.84x-10.44x-.--% 18.8B
43.12x8.22x25.82x-.--% 13.87B
26.34x4.19x19.06x-.--% 12.78B
20.1x1.87x8.16x1.23% 12.39B
-17.61x13.71x-19.11x-.--% 11.76B
Average 19.01x 37.66x 3.29x 0.26% 20.32B
Weighted average by Cap. 29.17x 35.14x 14.79x 0.34%

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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