Company Valuation: Appear ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2025 2026 2027 2028
Market Cap 1 3,399 1,356 - -
Change - -60.11% - -
Enterprise Value (EV) 1 2,953 983.9 945.4 870.4
Change - -66.68% -3.91% -7.93%
P/E 24.5x 19.8x 11x 7.2x
PBR 5.33x 2.04x 1.72x 1.39x
PEG - -0.4x 0.1x 0.1x
Capitalization / Revenue 4.24x 1.66x 1.38x 1.15x
EV / Revenue 3.69x 1.2x 0.97x 0.74x
EV / EBITDA 15.6x 7.43x 4.58x 2.87x
EV / EBIT 17.3x 11x 6.24x 3.7x
EV / FCF 21.2x -14.6x 23.9x 11.4x
FCF Yield 4.72% -6.86% 4.18% 8.79%
Dividend per Share 2 - - - -
Rate of return - - - -
EPS 2 3.4 1.69 3.035 4.64
Distribution rate - - - -
Net sales 1 800.9 817 979.5 1,184
EBITDA 1 189.1 132.5 206.5 303.5
EBIT 1 170.7 89.5 151.5 235
Net income 1 129.2 66.5 121 186
Net Debt 1 -445.6 -372 -410.5 -485.5
Reference price 2 83.32 33.40 33.40 33.40
Nbr of stocks (in thousands) 40,793 40,596 - -
Announcement Date 12/02/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
19.76x1.2x7.43x - 14Cr
21.83x5.15x12.99x1.76% 38TCr
47.14x17.48x35.01x-.--% 25TCr
13.15x0.55x9.11x3.48% 12TCr
40.26x7.39x21.09x0.91% 8.78TCr
15.88x4.84x11.58x0.84% 8.26TCr
26.24x6.45x20.55x1.46% 5.45TCr
28.47x7.93x16.75x-.--% 5.41TCr
16.99x2.7x11.3x4.18% 4.73TCr
39.92x1.84x11.63x2.07% 4.55TCr
Average 26.96x 5.55x 15.74x 1.63% 11TCr
Weighted average by Cap. 28.63x 7.52x 18.45x 1.43%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Appear ASA

Historical PBR trend

Valuation ratios - PBR - Appear ASA

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Appear ASA

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Appear ASA

  1. Stock Market
  2. Stocks
  3. APR Stock
  4. Valuation Appear ASA