Company Valuation: Exponent, Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,083 5,018 4,602 4,463 3,500 2,769 - -
Change - -17.51% -8.28% -3.02% -21.59% -20.88% - -
Enterprise Value (EV) 1 5,800 5,018 4,415 4,204 3,278 2,566 2,490 2,390
Change - -13.49% -12.01% -4.77% -22.04% -21.7% -2.97% -4.01%
P/E Ratio 61.4x 50.6x 46.9x 41.7x 33.9x 25.2x 22.5x 21.1x
PBR 14.9x - 12.9x 10.8x 9.21x 7.1x 5.76x 4.73x
PEG - 16.02x -45.96x 4.76x -17.88x 2.67x 1.9x 3.31x
Capitalization / Revenue 14x 10.8x 9.26x 8.61x 6.52x 4.63x 4.27x 4.15x
EV / Revenue 13.3x 10.8x 8.88x 8.11x 6.11x 4.3x 3.84x 3.58x
EV / EBITDA 43.9x 36.6x 32.1x 28.6x 22.1x 15x 13.2x 12.4x
EV / EBIT 53.2x 35.6x 39.7x 35.2x 27.4x 16.8x 14.7x 13.2x
EV / FCF 49.1x - - - 26.8x 13.9x 11.9x -
FCF Yield 2.04% - - - 3.73% 7.21% 8.39% -
Dividend per Share 2 0.8 - 1.04 1.12 1.2 1.24 1.3 1.24
Rate of return 0.69% - 1.14% 1.27% 1.71% 2.17% 2.28% 2.17%
EPS 2 1.9 1.96 1.94 2.11 2.07 2.265 2.54 2.702
Distribution rate 42.1% - 53.6% 53.1% 58% 54.7% 51.2% 45.9%
Net sales 1 434.8 463.8 497.2 518.5 536.8 597.5 648.3 667.4
EBITDA 1 132.3 137.2 137.7 147.1 148.1 170.5 188.1 193.2
EBIT 1 108.9 140.8 111.3 119.6 119.8 153 169 181.5
Net income 1 101.2 102.3 100.3 109 106 113 125.3 137.7
Net Debt 1 -282.7 - -187.2 -258.9 -221.9 -202.6 -278.9 -378.7
Reference price 2 116.73 99.09 90.91 87.92 70.15 57.08 57.08 57.08
Nbr of stocks (in thousands) 52,112 50,638 50,622 50,764 49,887 48,512 - -
Announcement Date 03/02/22 02/02/23 01/02/24 06/02/25 05/02/26 - - -
1USD in Million2USD
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.2x4.3x15.05x2.17% 2.77B
36.07x6.48x23.4x0.96% 70.53B
37.32x4.46x14.55x1.2% 20.05B
29.32x1.2x12.23x1.12% 15B
17.79x1.92x9.51x3.9% 13.09B
24.46x2.76x11.85x3.06% 11.66B
25.75x3.54x13.64x2.27% 8.07B
13.74x0.62x8.88x1.58% 6.43B
9.04x1.03x5.47x2.34% 5.43B
17.36x0.38x8.63x4.19% 5.09B
Average 23.60x 2.67x 12.32x 2.28% 15.81B
Weighted average by Cap. 30.06x 4.26x 16.89x 1.67%

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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