Company Valuation: Avista Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,007 3,271 2,765 2,900 3,136 3,426 - -
Change - 8.79% -15.47% 4.89% 8.12% 9.25% - -
Enterprise Value (EV) 1 5,469 5,604 5,609 5,838 6,259 6,692 6,846 7,063
Change - 2.47% 0.1% 4.08% 7.2% 6.91% 2.3% 3.18%
P/E 20.2x 20.9x 16x 16x 16.2x 15.9x 14.9x 14.1x
PBR - 3.8x 1.12x 1.13x 1.17x 1.23x 1.19x 1.1x
PEG - 21.95x 2.83x 7.17x 4.12x 1.7x 2.16x 2.57x
Capitalization / Revenue 2.09x 1.91x 1.58x 1.5x 1.6x 1.72x 1.65x 1.6x
EV / Revenue 3.8x 3.28x 3.2x 3.01x 3.19x 3.36x 3.3x 3.29x
EV / EBITDA 11.9x 12.6x 10.7x 10.1x 9.73x 9.81x 9.16x 9.01x
EV / EBIT 24x 29.5x 21.8x 19.1x 17.7x 16.5x 15.6x 15x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1.69 1.76 1.84 1.9 1.96 1.988 2.03 2.092
Rate of return 3.98% 3.97% 5.15% 5.19% 5.09% 4.8% 4.9% 5.05%
EPS 2 2.1 2.12 2.24 2.29 2.38 2.602 2.782 2.934
Distribution rate 80.5% 83% 82.1% 83% 82.4% 76.4% 73% 71.3%
Net sales 1 1,439 1,710 1,752 1,937 1,964 1,990 2,075 2,145
EBITDA 1 460.4 443.4 523 580 643 682 747.1 783.5
EBIT 1 228.2 190.2 257.7 306 354 406.1 439.5 470.2
Net income 1 147.3 155.2 171.2 180 193 213.5 234.2 254.2
Net Debt 1 2,462 2,333 2,844 2,938 3,123 3,266 3,420 3,637
Reference price 2 42.49 44.34 35.74 36.63 38.54 41.46 41.46 41.46
Nbr of stocks (in thousands) 70,768 73,776 77,368 79,183 81,372 82,638 - -
Announcement Date 23/02/22 22/02/23 21/02/24 26/02/25 25/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.93x3.36x9.81x4.8% 3.43B
13.8x5.71x12.32x4.01% 82.88B
36.93x6.27x17.03x1.66% 81.12B
14.32x1.57x8.04x5.14% 75.21B
18.49x7.03x14.72x2.84% 60.65B
17.54x1.2x9.95x3.05% 57.83B
22.83x2.54x9.46x2.31% 45.78B
18.39x5.11x13.23x3.35% 39.81B
56.48x20.42x33.55x0.29% 37.95B
Average 23.86x 5.91x 14.23x 3.05% 53.85B
Weighted average by Cap. 23.37x 5.58x 13.91x 3.03%

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

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