Company Valuation: Appear ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2025 2026 2027 2028
Market Cap 1 3,399 1,689 - -
Change - -50.31% - -
Enterprise Value (EV) 1 2,953 1,131 1,016 871.3
Change - -61.69% -10.21% -14.23%
P/E 24.5x 10.5x 8.46x 6.22x
PBR 5.33x 2.22x 1.76x 1.37x
PEG - 0.6x 0.4x 0.2x
Capitalization / Revenue 4.24x 1.68x 1.39x 1.14x
EV / Revenue 3.69x 1.13x 0.84x 0.59x
EV / EBITDA 15.6x 4.66x 3.35x 2.12x
EV / EBIT 17.3x 5.44x 3.98x 2.52x
EV / FCF 21.2x 14x 8.99x 6.14x
FCF Yield 4.72% 7.16% 11.1% 16.3%
Dividend per Share 2 - - - -
Rate of return - - - -
EPS 2 3.4 3.97 4.92 6.69
Distribution rate - - - -
Net sales 1 800.9 1,002 1,212 1,480
EBITDA 1 189.1 243 303.5 410.5
EBIT 1 170.7 208 255 345.5
Net income 1 129.2 158.5 197.5 268
Net Debt 1 -445.6 -557.5 -673 -817.5
Reference price 2 83.32 41.60 41.60 41.60
Nbr of stocks (in thousands) 40,793 40,596 - -
Announcement Date 12/02/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
10.48x1.13x4.66x - 176M
16.03x5.86x-33.73x - 4.44B
21.47x0.89x12.12x3.19% 3.73B
18.83x2.22x10.96x5.15% 866M
8.62x1.2x4.64x4.44% 414M
56.63x - - - 177M
49.81x - - - 75.6M
Average 25.98x 2.26x -0.27x 4.26% 1.41B
Weighted average by Cap. 18.90x 3.32x -9.61x 3.63%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Stocks
  3. APR Stock
  4. Valuation Appear ASA