Company Valuation: Exponent, Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,083 5,018 4,602 4,463 3,500 2,981 - -
Change - -17.51% -8.28% -3.02% -21.59% -14.83% - -
Enterprise Value (EV) 1 5,800 5,018 4,415 4,204 3,278 2,778 2,702 2,602
Change - -13.49% -12.01% -4.77% -22.04% -15.25% -2.74% -3.69%
P/E 61.4x 50.6x 46.9x 41.7x 33.9x 27.1x 24.2x 22.7x
PBR 14.9x - 12.9x 10.8x 9.21x 7.64x 6.2x 5.09x
PEG - 16.02x -45.96x 4.76x -17.88x 2.88x 2x 3.56x
Capitalization / Revenue 14x 10.8x 9.26x 8.61x 6.52x 4.99x 4.6x 4.47x
EV / Revenue 13.3x 10.8x 8.88x 8.11x 6.11x 4.65x 4.17x 3.9x
EV / EBITDA 43.9x 36.6x 32.1x 28.6x 22.1x 16.3x 14.4x 13.5x
EV / EBIT 53.2x 35.6x 39.7x 35.2x 27.4x 18.2x 16x 14.3x
EV / FCF 49.1x - - - 26.8x 15x 12.9x -
FCF Yield 2.04% - - - 3.73% 6.66% 7.74% -
Dividend per Share 2 0.8 - 1.04 1.12 1.2 1.24 1.3 1.24
Rate of return 0.69% - 1.14% 1.27% 1.71% 2.02% 2.12% 2.02%
EPS 2 1.9 1.96 1.94 2.11 2.07 2.265 2.54 2.702
Distribution rate 42.1% - 53.6% 53.1% 58% 54.7% 51.2% 45.9%
Net sales 1 434.8 463.8 497.2 518.5 536.8 597.5 648.3 667.4
EBITDA 1 132.3 137.2 137.7 147.1 148.1 170.5 188.1 193.2
EBIT 1 108.9 140.8 111.3 119.6 119.8 153 169 181.5
Net income 1 101.2 102.3 100.3 109 106 113 125.3 137.7
Net Debt 1 -282.7 - -187.2 -258.9 -221.9 -202.6 -278.9 -378.7
Reference price 2 116.73 99.09 90.91 87.92 70.15 61.44 61.44 61.44
Nbr of stocks (in thousands) 52,112 50,638 50,622 50,764 49,887 48,512 - -
Announcement Date 03/02/22 02/02/23 01/02/24 06/02/25 05/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
27.13x4.65x16.29x2.02% 298.06Cr
42.12x7.53x27.19x0.85% 8.24TCr
39.4x4.61x15.03x1.16% 2.08TCr
30.95x1.28x12.89x1.05% 1.59TCr
18.91x2.03x10.07x3.7% 1.36TCr
25.15x2.83x12.14x2.98% 1.19TCr
23.36x3.25x12.51x2.5% 726.18Cr
15.17x0.66x9.48x1.38% 691.26Cr
44.78x2.02x15.78x0.46% 532.29Cr
8.81x1.01x5.34x2.4% 529.88Cr
Average 27.58x 2.99x 13.67x 1.85% 1.72TCr
Weighted average by Cap. 34.68x 4.97x 19.47x 1.42%

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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