Company Valuation: Tern Plc

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 22.96 44 31.67 13.15 7.35 4.709
Change - 91.66% -28.03% -58.47% -44.11% -35.93%
Enterprise Value (EV) 1 20.83 42.04 30.74 13.27 7.129 4.842
Change - 101.86% -26.89% -56.82% -46.29% -32.08%
P/E 25.1x 9.4x -2.79x -1.04x -1.62x -0.82x
PBR 0.96x 1.36x 1.19x 1.16x 0.69x 0.68x
PEG - 0x 0x -0.1x 0x 0.73x
Capitalization / Revenue 152x 690x 480x 66x 422x 87.2x
EV / Revenue 138x 659x 466x 66.6x 410x 89.7x
EV / EBITDA - - - - - -
EV / EBIT -14.9x -26x -16.8x -7.94x -6.03x -4.98x
EV / FCF -29.5x -49.1x -24.5x -21.2x -8.82x -9.1x
FCF Yield -3.39% -2.04% -4.08% -4.71% -11.3% -11%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.002764 0.0133 -0.0292 -0.0324 -0.008628 -0.008531
Distribution rate - - - - - -
Net sales 1 0.1512 0.0638 0.066 0.1992 0.0174 0.054
EBITDA - - - - - -
EBIT 1 -1.396 -1.615 -1.828 -1.671 -1.183 -0.9718
Net income 1 0.8039 4.578 -10.45 -12.61 -3.772 -5.089
Net Debt 1 -2.13 -1.957 -0.9318 0.1206 -0.2211 0.1325
Reference price 2 0.0695 0.1250 0.0815 0.0338 0.0140 0.0070
Nbr of stocks (in thousands) 3,30,338 3,52,015 3,88,572 3,89,676 5,24,993 6,72,714
Announcement Date 30/03/21 22/03/22 29/05/24 29/05/24 05/06/25 23/06/26
1GBP in Million2GBP
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 1.3Cr
21.24x5.79x12.51x2.05% 17TCr
13.18x3.26x - 2.68% 14TCr
15.57x7.18x - 1.59% 9.78TCr
19.64x7.06x12.58x4.31% 9.43TCr
14.41x9.79x16.77x0.86% 8.2TCr
22.23x11.69x19.1x4.26% 7.52TCr
18.22x10.47x8.06x1.98% 6.66TCr
12.48x4.8x - 2.09% 4.58TCr
Average 17.12x 7.51x 13.81x 2.48% 8.63TCr
Weighted average by Cap. 17.45x 6.99x 13.64x 2.47%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Tern Plc

Historical PBR trend

Valuation ratios - PBR - Tern Plc

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Tern Plc

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Tern Plc