Company Valuation: Sats ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,615 1,787 3,093 5,418 8,078 8,235 - -
Change - -50.57% 73.11% 75.16% 49.09% 1.94% - -
Enterprise Value (EV) 1 9,889 3,431 4,532 6,487 14,231 13,977 13,807 13,605
Change - -65.31% 32.1% 43.13% 119.37% -1.79% -1.22% -1.46%
P/E -7.99x -7.07x 13.8x 16.7x 17.4x 14.9x 12.3x 10.4x
PBR 7.49x 2.02x 3.02x 4.05x 5.67x 5.64x 4.85x 4.07x
PEG - 0.1x -0x 0.4x 0.4x 0.7x 0.6x 0.6x
Capitalization / Revenue 1.11x 0.44x 0.65x 1.07x 1.47x 1.45x 1.37x 1.28x
EV / Revenue 3.05x 0.84x 0.96x 1.28x 2.58x 2.45x 2.29x 2.12x
EV / EBITDA 12.1x 2.89x 2.54x 3.34x 6.75x 6.31x 5.79x 5.3x
EV / EBIT -44.1x 52x 7.47x 8.72x 16x 13.8x 12.1x 10.5x
EV / FCF 14.5x 4.15x 2.85x 3.89x 8.03x 8.08x 7.24x 6.57x
FCF Yield 6.88% 24.1% 35.1% 25.7% 12.5% 12.4% 13.8% 15.2%
Dividend per Share 2 - - - - 1.3 1.848 2.345 2.834
Rate of return - - - - 3.2% 4.34% 5.51% 6.65%
EPS 2 -2.64 -1.25 1.1 1.59 2.34 2.863 3.477 4.115
Distribution rate - - - - 55.6% 64.6% 67.5% 68.9%
Net sales 1 3,247 4,082 4,734 5,064 5,509 5,697 6,018 6,411
EBITDA 1 818 1,186 1,784 1,942 2,109 2,216 2,386 2,569
EBIT 1 -224 66 607 744 892 1,013 1,145 1,293
Net income 1 -452 -246 224 326 474 560 676.6 802.2
Net Debt 1 6,274 1,644 1,439 1,069 6,153 5,742 5,572 5,370
Reference price 2 21.10 8.84 15.16 26.50 40.60 42.60 42.60 42.60
Nbr of stocks (in thousands) 1,71,335 2,02,136 2,04,044 2,04,460 1,98,968 1,93,307 - -
Announcement Date 11/02/22 14/02/23 13/02/24 12/02/25 10/02/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.88x2.45x6.31x4.34% 87Cr
15.57x4.34x11.69x1.03% 12TCr
25.91x5.32x18.75x-.--% 3.73TCr
15.53x2.02x7.91x0.66% 3.47TCr
39.36x6.6x19.83x0.53% 3.29TCr
24.79x1.83x7.6x0.81% 2.52TCr
40.97x5.91x25.42x-.--% 2.26TCr
25.38x3.06x10.85x-.--% 905.47Cr
26.95x2.74x10.18x5.89% 538.13Cr
Average 25.48x 3.81x 13.17x 1.47% 3.23TCr
Weighted average by Cap. 22.87x 4.27x 13.71x 0.77%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Sats ASA

Historical PBR trend

Valuation ratios - PBR - Sats ASA

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Sats ASA

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Sats ASA


Year-on-year evolution of the Yield

Valuation ratios - Yield - Sats ASA