Company Valuation: EXMAR NV

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 192.5 279.5 484.4 480.7 682.7 930.8
Change - 45.2% 73.29% -0.75% 42.02% 36.34%
Enterprise Value (EV) 1 504.6 631.4 181.3 569.1 724.6 1,029
Change - 25.13% -71.28% 213.86% 27.31% 42.04%
P/E 2.09x 24.4x 1.51x 6.72x 3.78x 10.2x
PBR 0.35x 0.52x 0.61x 1x 1.12x 1.7x
PEG - -0.3x 0x -0.1x 0x -0.2x
Capitalization / Revenue 0.67x 1.89x 3.11x 0.99x 1.96x 3.75x
EV / Revenue 1.77x 4.26x 1.17x 1.17x 2.08x 4.15x
EV / EBITDA 2.79x 12.7x 8.85x 7.32x 8.14x 12.9x
EV / EBIT 3.47x 31.5x -15.6x 12.5x 12.2x 18.3x
EV / FCF -21.9x -11x 1.71x 7.48x -16.3x 16.9x
FCF Yield -4.57% -9.11% 58.6% 13.4% -6.13% 5.93%
Dividend per Share 2 0.367 0.091 2.084 5.306 - 0.5871
Rate of return 10.9% 1.86% 24.6% 63.2% - 5.02%
EPS 2 1.606 0.2 5.597 1.25 3.14 1.146
Distribution rate 22.8% 45.5% 37.2% 424% - 51.2%
Net sales 1 285.2 148.2 155.6 487.3 348.9 248.1
EBITDA 1 180.8 49.71 20.5 77.78 89 79.54
EBIT 1 145.5 20.01 -11.64 45.65 59.26 56.34
Net income 1 91.93 11.6 320.3 71.97 181 74.34
Net Debt 1 312.1 351.8 -303.1 88.38 41.82 98.33
Reference price 2 3.36 4.88 8.46 8.40 11.86 11.71
Nbr of stocks (in thousands) 57,227 57,227 57,227 57,227 57,544 79,516
Announcement Date 15/04/21 14/04/22 13/04/23 18/04/24 17/04/25 16/04/26
1USD in Million2USD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 102.95Cr
22.97x3.12x12.78x5.91% 10TCr
27.94x9.59x13.84x3.05% 8.47TCr
11.86x1.74x10.05x6.29% 7.7TCr
11.73x1.11x7.18x6.81% 6.92TCr
19.64x5.49x11.06x3.9% 6.8TCr
22.54x9.21x12.4x4.2% 6.1TCr
24.8x4.23x13.43x1.79% 5.99TCr
13.06x6.27x11.33x8.07% 5.71TCr
35.14x3.39x9.42x0.85% 5.63TCr
Average 21.08x 4.90x 11.28x 4.54% 6.37TCr
Weighted average by Cap. 21.02x 4.84x 11.39x 4.65%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA