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 3,194 - -
Change - -17.51% -8.28% -3.02% -21.59% -8.73% - -
Enterprise Value (EV) 1 5,800 5,018 4,415 4,204 3,278 2,992 2,915 2,816
Change - -13.49% -12.01% -4.77% -22.04% -8.73% -2.55% -3.42%
P/E 61.4x 50.6x 46.9x 41.7x 33.9x 29.1x 25.9x 24.4x
PBR 14.9x - 12.9x 10.8x 9.21x 8.19x 6.65x 5.46x
PEG - 16.02x -45.96x 4.76x -17.88x 3.09x 2.1x 3.82x
Capitalization / Revenue 14x 10.8x 9.26x 8.61x 6.52x 5.35x 4.93x 4.79x
EV / Revenue 13.3x 10.8x 8.88x 8.11x 6.11x 5.01x 4.5x 4.22x
EV / EBITDA 43.9x 36.6x 32.1x 28.6x 22.1x 17.5x 15.5x 14.6x
EV / EBIT 53.2x 35.6x 39.7x 35.2x 27.4x 19.5x 17.2x 15.5x
EV / FCF 49.1x - - - 26.8x 16.2x 13.9x -
FCF Yield 2.04% - - - 3.73% 6.18% 7.17% -
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% 1.88% 1.97% 1.88%
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 65.84 65.84 65.84
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, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.07x5.01x17.54x1.88% 3.19B
44.3x7.91x28.56x0.81% 86.64B
41.03x4.74x15.48x1.11% 21.46B
31.26x1.3x13x1.04% 16.05B
20.62x2.26x11.19x3.4% 14.78B
25.19x2.83x12.16x2.97% 11.89B
23.93x3.36x12.91x2.42% 7.47B
15.45x0.67x9.61x1.36% 7.04B
10.35x1.18x6.24x2.04% 6.22B
45.82x2.07x16.16x0.45% 5.45B
Average 28.70x 3.13x 14.29x 1.75% 18.02B
Weighted average by Cap. 36.18x 5.21x 20.38x 1.36%

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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