Company Valuation: Nova Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,175 2,345 3,947 5,746 10,023 10,731 - -
Change - -43.83% 68.29% 45.6% 74.43% 7.06% - -
Enterprise Value (EV) 1 4,175 2,345 3,947 5,340 9,706 10,681 10,252 9,730
Change - -43.83% 68.29% 35.31% 81.76% 10.04% -4.02% -5.09%
P/E 47x 18.6x 32.1x 34.3x 41.3x 35.6x 26.8x 23.3x
PBR 9.22x 4.43x - 6.22x 7.92x 6.74x 5.25x 3.96x
PEG - 0.5x -11.77x 1x 1.1x 1.9x 0.8x 1.6x
Capitalization / Revenue 10x 4.11x 7.62x 8.55x 11.4x 9.96x 7.89x 6.63x
EV / Revenue 10x 4.11x 7.62x 7.94x 11x 9.91x 7.54x 6.01x
EV / EBITDA 31.4x 12.5x 23.7x 23.1x 31.8x 26.7x 19.3x 14.2x
EV / EBIT 33x 13.1x 25.2x 24.3x 33.2x 28.7x 20.7x 16.1x
EV / FCF - - - 24.5x 44.5x 50.7x 28.4x -
FCF Yield - - - 4.08% 2.25% 1.97% 3.52% -
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 3.12 4.4 4.28 5.75 7.96 9.484 12.59 14.48
Distribution rate - - - - - - - -
Net sales 1 416.1 570.7 517.9 672.4 880.6 1,078 1,360 1,618
EBITDA 1 132.8 187.2 166.8 231 305.4 399.9 532.5 686.4
EBIT 1 126.3 178.6 156.4 219.3 292 372.6 494.8 602.7
Net income 1 93.1 140.2 136.3 183.8 259.2 326.9 421.2 492.3
Net Debt 1 - - - -406 -316.8 -50.21 -479.6 -1,001
Reference price 2 146.50 81.68 137.39 196.95 328.39 337.64 337.64 337.64
Nbr of stocks (in thousands) 28,500 28,711 28,725 29,176 30,522 31,783 - -
Announcement Date 24/02/22 15/02/23 15/02/24 13/02/25 12/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.6x9.91x26.71x-.--% 1.07TCr
21.81x12.4x18.77x0.35% 5,25100Cr
22.72x11.15x15.11x1.11% 1,99700Cr
40.94x16.82x24.75x0.71% 1,75900Cr
12.85x7.79x9.41x0.06% 1,05400Cr
4.84x3.02x3.63x0.22% 90TCr
80.22x14.52x54.58x-.--% 75TCr
-38.57x7.78x21.64x-.--% 47TCr
186.85x40.73x83.04x-.--% 25TCr
Average 40.81x 13.79x 28.63x 0.27% 1,38200Cr
Weighted average by Cap. 27.27x 12.28x 20.71x 0.44%

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