Valuation Appear ASA

Stocks

Market Closed - Oslo Bors 15:45:00 21/10/2026 BST			5-day change	1st Jan Change
32.90 ^NOK	-0.60%		-0.90%	-60.51%

10-19	DNB Carnegie cuts price target for Appear to 51 Norwegian kroner (90), reiterates buy	FW
10-16	Appear ASA Names Interim CFO	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2025	2026	2027	2028
Market Cap ¹	3,399	1,336	-	-
Change	-	-60.7%	-	-
Enterprise Value (EV) ¹	2,953	878.6	807.1	707.1
Change	-	-70.25%	-8.14%	-12.39%
P/E	24.5x	12.9x	9.51x	6.7x
PBR	5.33x	1.91x	1.59x	1.28x
PEG	-	-0.5x	0.3x	0.2x
Capitalization / Revenue	4.24x	1.62x	1.35x	1.12x
EV / Revenue	3.69x	1.07x	0.81x	0.59x
EV / EBITDA	15.6x	5.11x	3.41x	2.16x
EV / EBIT	17.3x	6.78x	4.5x	2.78x
EV / FCF	21.2x	879x	13x	10.1x
FCF Yield	4.72%	0.11%	7.68%	9.9%
Dividend per Share ²	-	-	-	-
Rate of return	-	-	-	-
EPS ²	3.4	2.545	3.46	4.91
Distribution rate	-	-	-	-
Net sales ¹	800.9	822	991	1,197
EBITDA ¹	189.1	172	237	327
EBIT ¹	170.7	129.5	179.5	254
Net income ¹	129.2	100	138.5	197
Net Debt ¹	-445.6	-457	-528.5	-628.5
Reference price ²	83.32	32.90	32.90	32.90
Nbr of stocks (in thousands)	40,793	40,596	-	-
Announcement Date	12/02/26	-	-	-

¹NOK in Million²NOK

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
APPEAR ASA	13.01x	1.08x	5.16x	-	143M
CISCO SYSTEMS, INC.	26x	5.83x	15.09x	1.6%	421B
ARISTA NETWORKS, INC.	47.49x	16.8x	33.69x	-.--%	229B
FOXCONN INDUSTRIAL INTERNET CO., LTD.	16.06x	0.65x	11.67x	2.82%	145B
ZHONGJI INNOLIGHT CO., LTD.	20.96x	6.55x	15.81x	0.58%	114B
MOTOROLA SOLUTIONS, INC.	33.54x	6.53x	18.91x	1.04%	76.7B
LUMENTUM HOLDINGS INC.	37.97x	11.44x	25.3x	-.--%	74.51B
GARMIN LTD.	28.72x	6.56x	21.65x	1.43%	55.99B
NOKIA OYJ	38.94x	2.04x	13x	1.86%	51.2B
CIENA CORPORATION	58.96x	7.63x	33.75x	-.--%	48.49B
Average	32.16x	6.51x	19.40x	1.04%	121.48B
Weighted average by Cap.	31.58x	7.68x	20.07x	1.15%