Company Valuation: Aega ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 229.7 100.3 60.65 52.25 8.327 34.66
Change - -56.32% -39.54% -13.85% -84.06% 316.25%
Enterprise Value (EV) 1 230 104.6 72.49 63.19 8.356 18.07
Change - -54.52% -30.71% -12.83% -86.77% 116.2%
P/E -1,231x -311x -30x -29.7x -4.98x -2.91x
PBR 30x 9.77x 7x 8.23x 543x 1.2x
PEG - -9.4x -0x 2.3x 0.5x 0x
Capitalization / Revenue 344x 54.5x 23x 15.4x - 30.9x
EV / Revenue 345x 56.8x 27.5x 18.7x - 16.1x
EV / EBITDA -1,312x 2,059x 311x 153x 26.9x -
EV / EBIT -409x -205x -159x -2,716x -9.2x -1.98x
EV / FCF -2,597x -181x 169x 47.1x 7.39x -2.97x
FCF Yield -0.04% -0.55% 0.59% 2.12% 13.5% -33.7%
Dividend per Share 3 - - - - - -
Rate of return - - - - - -
EPS 3 -2.039 -2.712 -15.75 -13.71 -12.3 -0.605
Distribution rate - - - - - -
Net sales 1 0.667 1.841 2.64 3.384 - 1.122
EBITDA 1 -0.1753 0.0508 0.2334 0.4143 0.3111 -
EBIT 1 -0.5629 -0.51 -0.4561 -0.0233 -0.9087 -9.145
Net income 1 -0.1866 -0.2964 -1.975 -1.864 -1.672 -11.92
Net Debt 1 0.3656 4.3 11.84 10.94 0.0292 -16.6
Reference price 3 2,509.499 844.200 472.500 407.050 61.250 1.760
Nbr of stocks (in thousands) 91.5 119 128 128 136 19,694
Announcement Date 30/04/21 29/04/22 28/04/23 30/04/24 30/04/25 30/04/26
1NOK in Million2EUR in Million3NOK
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.25x4.11x7.88x-.--% 23.03B
22.07x5.56x19.09x2.04% 18.22B
-47.78x0.91x10.99x0.04% 13.96B
23.11x2.73x12.97x-.--% 13.08B
-10.25x1.32x11.69x-.--% 8.14B
18.69x2.75x11.58x - 8.05B
-45.18x0.84x6.49x-.--% 6.71B
-8.79x2.33x15.35x-.--% 5.71B
-24.89x10.65x21.06x-.--% 5.72B
Average -6.75x 3.47x 13.01x 0.26% 11.4B
Weighted average by Cap. -1.06x 3.48x 12.59x 0.4%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA