Company Valuation: Scatec ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 24,255 12,478 13,055 12,643 16,877 15,345 - -
Change - -48.56% 4.62% -3.16% 33.49% -9.07% - -
Enterprise Value (EV) 1 39,204 32,056 36,339 37,282 42,540 44,240 53,490 55,373
Change - -18.23% 13.36% 2.59% 14.1% 4% 20.91% 3.52%
P/E 62.9x -9.36x 20.8x 9.65x 16.2x 34.5x 11.5x 8.43x
PBR 2.62x 1.51x 1.5x 1.19x 1.67x 1.4x 1.2x 1.03x
PEG - 0x -0x 0x -0.8x -0.6x 0x 0.2x
Capitalization / Revenue 6.38x 3.33x 2.77x 1.92x 3.22x 2.8x 1.91x 1.35x
EV / Revenue 10.3x 8.55x 7.7x 5.67x 8.12x 8.08x 6.64x 4.87x
EV / EBITDA 13.5x 12.5x 10.2x 6.88x 10.6x 10.4x 8.96x 7.3x
EV / EBIT 19.5x 44.3x 13.8x 9.03x 15x 15.4x 12.4x 9.37x
EV / FCF 3.86x -26.1x -7.32x -266x -11.9x -14.8x -5.04x 34x
FCF Yield 25.9% -3.84% -13.7% -0.38% -8.39% -6.74% -19.8% 2.94%
Dividend per Share 2 2.54 1.94 - - - 0.01 0.004 0.005
Rate of return 1.66% 2.47% - - - 0.01% 0% 0.01%
EPS 2 2.43 -8.4 3.95 8.24 6.54 2.782 8.378 11.39
Distribution rate 105% -23.1% - - - 0.36% 0.05% 0.04%
Net sales 1 3,803 3,751 4,721 6,574 5,238 5,477 8,050 11,382
EBITDA 1 2,903 2,555 3,567 5,421 4,013 4,236 5,969 7,581
EBIT 1 2,012 723 2,625 4,127 2,845 2,864 4,315 5,907
Net income 1 388 -1,334 628 1,309 1,045 505.6 1,334 1,814
Net Debt 1 14,949 19,578 23,284 24,639 25,663 28,894 38,145 40,028
Reference price 2 152.75 78.60 82.15 79.50 106.20 96.00 96.00 96.00
Nbr of stocks (in thousands) 158,792 158,756 158,917 159,028 158,917 159,849 - -
Announcement Date 2/3/22 2/3/23 1/26/24 1/31/25 1/30/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.03x9.76x13.68x2.37% 27.63B
73.23x18.93x22.59x-.--% 23.86B
32.67x8.31x10.74x1.21% 17.02B
10.15x5.57x9.11x4.25% 8.22B
18.62x4.83x8.34x3.26% 4.1B
Average 31.14x 9.48x 12.89x 2.22% 16.16B
Weighted average by Cap. 37.67x 11.49x 14.96x 1.66%

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