Company Valuation: Atea ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 18,290 12,608 14,351 15,813 17,584 18,386 - -
Change - -31.06% 13.82% 10.19% 11.2% 4.57% - -
Enterprise Value (EV) 1 18,459 13,689 15,312 17,195 18,559 18,146 17,853 17,581
Change - -25.84% 11.86% 12.3% 7.93% -2.22% -1.62% -1.52%
P/E 24.5x 15.1x 18.1x 20.6x 20.4x 13.8x 14.2x 13.1x
PBR 5.18x 3.38x 3.46x 3.59x 3.94x 3.91x 3.78x 3.55x
PEG - 1.2x -3.19x -5.45x 1.6x 0.3x -4.8x 1.61x
Capitalization / Revenue 0.44x 0.39x 0.41x 0.46x 0.47x 0.46x 0.43x 0.4x
EV / Revenue 0.45x 0.42x 0.44x 0.5x 0.5x 0.45x 0.42x 0.38x
EV / EBITDA 11.1x 7.56x 7.93x 9.01x 8.61x 7.28x 6.65x 6.14x
EV / EBIT 17.6x 11.4x 12.3x 14.2x 13.4x 10.8x 9.67x 8.9x
EV / FCF 22.4x 19.3x 9.83x 10.7x 23.6x 9.52x 9.82x 9.19x
FCF Yield 4.46% 5.18% 10.2% 9.34% 4.24% 10.5% 10.2% 10.9%
Dividend per Share 2 5.5 6.25 7 7 7.5 8.245 9.78 10.21
Rate of return 3.35% 5.48% 5.42% 4.95% 4.75% 5% 5.93% 6.19%
EPS 2 6.7 7.57 7.14 6.87 7.73 11.96 11.61 12.55
Distribution rate 82.1% 82.6% 98% 102% 97% 68.9% 84.3% 81.3%
Net sales 1 41,316 32,397 34,704 34,583 37,376 40,349 42,962 45,972
EBITDA 1 1,660 1,811 1,932 1,908 2,156 2,493 2,685 2,865
EBIT 1 1,046 1,196 1,244 1,211 1,385 1,686 1,845 1,975
Net income 1 763 851 800 775 878 1,345 1,295 1,399
Net Debt 1 169 1,081 961 1,382 975 -240 -533.5 -805
Reference price 2 164.00 114.00 129.20 141.40 157.80 165.00 165.00 165.00
Nbr of stocks (in thousands) 111,522 110,598 111,076 111,833 111,430 111,433 - -
Announcement Date 08/02/22 09/02/23 08/02/24 06/02/25 10/02/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.8x0.45x7.28x5% 1.9B
22.73x3.45x12.34x3.2% 199B
-95.22x15.06x87.19x-.--% 94.23B
14.2x2.58x9.76x5.79% 82.32B
10.18x1.12x5.86x4.74% 83.85B
19.66x5.16x12.73x2.89% 59.44B
13.98x2.04x8.55x5.57% 45.29B
19.71x1.46x9.24x1% 34.94B
18.39x1.48x9.29x1.61% 34.44B
15.91x2.04x9.47x5.43% 32.85B
Average 5.33x 3.48x 17.17x 3.52% 66.78B
Weighted average by Cap. 1.85x 4.46x 21.07x 3.31%

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