Company Valuation: DEMT AS

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 80,200 42,434 64,150 57,517 45,841 57,280 - -
Change - -47.09% 51.17% -10.34% -20.3% 24.95% - -
Enterprise Value (EV) 1 89,350 55,145 76,430 71,062 64,583 74,661 73,030 71,408
Change - -38.28% 38.6% -7.02% -9.12% 15.61% -2.18% -2.22%
P/E 31.3x 20.9x 36.8x 24x 29.4x 22.8x 18.4x 15.9x
PBR 9.67x 5.02x 7.07x 5.95x 4.58x 4.7x 3.85x 3.2x
PEG - -1.5x -2.9x 0.7x -0.9x 0.4x 0.8x 1x
Capitalization / Revenue 4.36x 2.15x 2.86x 2.57x 2x 2.22x 2.08x 1.96x
EV / Revenue 4.86x 2.8x 3.41x 3.17x 2.81x 2.89x 2.65x 2.44x
EV / EBITDA 19.7x 12.6x 13.9x 11.9x 12.1x 12.5x 11x 9.85x
EV / EBIT 26.4x 17.2x 18.4x 16.1x 16.3x 16.9x 14.9x 13.3x
EV / FCF 35.4x 34.1x 21.9x 20.4x 20.9x 31.6x 21.2x 19.1x
FCF Yield 2.83% 2.93% 4.56% 4.91% 4.79% 3.17% 4.72% 5.25%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 10.7 9.21 8.04 10.99 7.31 11.99 14.86 17.24
Distribution rate - - - - - - - -
Net sales 1 18,388 19,705 22,443 22,419 22,971 25,840 27,545 29,288
EBITDA 1 4,536 4,383 5,482 5,963 5,351 5,994 6,659 7,247
EBIT 1 3,386 3,207 4,148 4,404 3,960 4,405 4,910 5,364
Net income 1 2,513 2,082 1,795 2,387 1,544 2,538 3,116 3,554
Net Debt 1 9,150 12,711 12,280 13,545 18,742 17,381 15,750 14,128
Reference price 2 335.10 192.55 296.00 264.20 215.20 274.00 274.00 274.00
Nbr of stocks (in thousands) 2,39,330 2,20,381 2,16,722 2,17,703 2,13,014 2,10,899 - -
Announcement Date 08/02/22 07/02/23 05/02/24 05/02/25 03/02/26 - - -
1DKK in Million2DKK
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.54x3.53x13.23x2.68% 17TCr
18.59x3.25x11.45x3.62% 10TCr
17.02x0.19x12.15x0.77% 6.02TCr
30.22x7.3x19.1x1.33% 4.92TCr
37.52x2.99x10.27x2.56% 4.15TCr
38.58x1.4x12.34x0.2% 3.41TCr
30.26x5.39x17.19x-.--% 2.86TCr
42x7.27x26.26x0.25% 2.5TCr
20.12x2.78x10.81x1.57% 2.06TCr
Average 28.65x 3.79x 14.75x 1.44% 5.89TCr
Weighted average by Cap. 25.60x 3.51x 13.74x 2.05%

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