Company Valuation: SES AI Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,102 643.7 789.7 657.1 185.8 - -
Change - -41.59% 22.69% -16.79% -71.72% - -
Enterprise Value (EV) 1 711.9 558 660.9 629.9 162.3 160.2 138.1
Change - -21.62% 18.44% -4.69% -74.23% -1.27% -13.81%
P/E -17.5x -10.8x -7.06x -8.18x -2.79x -3.06x -3.44x
PBR 0.5x 1.81x 2.84x 2.77x 1.06x 1.3x 1.82x
PEG - 1.94x -0.1x 0.3x 0.2x 0.35x 0.3x
Capitalization / Revenue - - - 31.3x 5.68x 2.72x 1.96x
EV / Revenue - - - 30x 4.96x 2.35x 1.45x
EV / EBITDA -9.25x -10.7x -8.16x -10.1x -2.79x -3.07x -1.92x
EV / EBIT -8.95x -7.14x -6.05x -7.62x -2.2x -2.44x -1.84x
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 0.5032 0.5032 0.5032
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-2.79x4.96x-2.79x - 186M
-345.72x3.31x17.86x-.--% 52.8B
81.61x2.72x17.98x0.07% 22.82B
16.77x1.41x12.34x1.48% 17.32B
317.38x4.02x54.68x0.06% 7.25B
24.11x1.37x10.85x0.52% 7.19B
17.92x - - 0.57% 6.95B
13.35x0.52x6.73x1.69% 4.6B
21.02x - - 0.95% 4.59B
26.01x2.51x13.28x0.71% 4.11B
Average 16.96x 2.60x 16.37x 0.67% 12.78B
Weighted average by Cap. -103.54x 2.70x 18.29x 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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