Company Valuation: SES AI Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,102 643.7 789.7 657.1 205.1 - -
Change - -41.59% 22.69% -16.79% -68.79% - -
Enterprise Value (EV) 1 711.9 558 660.9 629.9 181.6 179.5 157.4
Change - -21.62% 18.44% -4.69% -71.17% -1.14% -12.33%
P/E -17.5x -10.8x -7.06x -8.18x -2.95x -3.23x -3.64x
PBR 0.5x 1.81x 2.84x 2.77x 1.12x 1.38x 1.93x
PEG - 1.94x -0.1x 0.3x 0.2x 0.37x 0.3x
Capitalization / Revenue - - - 31.3x 6.27x 3.01x 2.16x
EV / Revenue - - - 30x 5.55x 2.63x 1.66x
EV / EBITDA -9.25x -10.7x -8.16x -10.1x -3.12x -3.43x -2.18x
EV / EBIT -8.95x -7.14x -6.05x -7.62x -2.46x -2.73x -2.1x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Dividend per Share 2 - - - - - - -
Rate of return - - - - - - -
EPS 2 -0.18 -0.17 -0.31 -0.22 -0.1801 -0.1644 -0.1462
Distribution rate - - - - - - -
Net sales 1 - - - 21 32.7 68.2 95.04
EBITDA 1 -76.98 -51.97 -81 -62.56 -58.14 -52.28 -72.04
EBIT 1 -79.57 -78.16 -109.2 -82.61 -73.82 -65.7 -75.04
Net income 1 -50.99 -53.4 -100.2 -73.04 -59.89 -52.62 -47.89
Net Debt 1 -390.1 -85.67 -128.8 -27.24 -23.53 -25.59 -47.73
Reference price 2 3.1500 1.8300 2.1900 1.8000 0.5316 0.5316 0.5316
Nbr of stocks (in thousands) 349,825 351,729 360,585 365,072 369,283 - -
Announcement Date 14/03/23 26/02/24 25/02/25 04/03/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-3.08x5.55x-3.12x - 205M
-349.4x3.34x18x-.--% 53.07B
82.18x2.74x18.08x0.07% 22.86B
17.13x1.43x12.56x1.44% 17.69B
323.82x4.09x55.6x0.06% 7.36B
24.59x1.39x10.97x0.51% 7.33B
17.87x - - 0.57% 6.94B
14.27x0.54x7.06x1.59% 4.91B
21.74x - - 0.92% 4.75B
27.17x2.63x13.89x0.68% 4.29B
Average 17.63x 2.71x 16.63x 0.65% 12.94B
Weighted average by Cap. -103.42x 2.72x 18.47x 0.39%

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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  4. Valuation SES AI Corporation