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 3,247 - -
Change - -17.51% -8.28% -3.02% -21.59% -7.21% - -
Enterprise Value (EV) 1 5,800 5,018 4,415 4,204 3,278 3,163 3,082 2,984
Change - -13.49% -12.01% -4.77% -22.04% -3.51% -2.54% -3.2%
P/E 61.4x 50.6x 46.9x 41.7x 33.9x 29.6x 26x 23.9x
PBR 14.9x - 12.9x 10.8x 9.21x 10.5x 7.96x 6.33x
PEG - 16.02x -45.96x 4.76x -17.88x 2.6x 1.8x 2.73x
Capitalization / Revenue 14x 10.8x 9.26x 8.61x 6.52x 5.36x 4.94x 4.53x
EV / Revenue 13.3x 10.8x 8.88x 8.11x 6.11x 5.22x 4.68x 4.16x
EV / EBITDA 43.9x 36.6x 32.1x 28.6x 22.1x 18.4x 16.2x 14.3x
EV / EBIT 53.2x 35.6x 39.7x 35.2x 27.4x 21.7x 17.9x 15.9x
EV / FCF 49.1x - - - 26.8x 17.5x 15.4x 13.8x
FCF Yield 2.04% - - - 3.73% 5.72% 6.49% 7.24%
Dividend per Share 2 0.8 - 1.04 1.12 1.2 1.24 1.24 1.3
Rate of return 0.69% - 1.14% 1.27% 1.71% 1.82% 1.82% 1.9%
EPS 2 1.9 1.96 1.94 2.11 2.07 2.306 2.631 2.862
Distribution rate 42.1% - 53.6% 53.1% 58% 53.8% 47.1% 45.4%
Net sales 1 434.8 463.8 497.2 518.5 536.8 606.1 658 717
EBITDA 1 132.3 137.2 137.7 147.1 148.1 172 190 208.4
EBIT 1 108.9 140.8 111.3 119.6 119.8 145.7 172.1 187.7
Net income 1 101.2 102.3 100.3 109 106 110.4 127 138.8
Net Debt 1 -282.7 - -187.2 -258.9 -221.9 -84.8 -165.2 -263.8
Reference price 2 116.73 99.09 90.91 87.92 70.15 68.30 68.30 68.30
Nbr of stocks (in thousands) 52,112 50,638 50,622 50,764 49,887 47,546 - -
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.($)
29.57x5.21x18.35x1.82% 3.24B
36.05x6.59x23.38x0.95% 79.32B
37.96x1.26x13.6x0.98% 16.87B
20.29x2.07x10.2x3.63% 14.06B
25.4x2.84x12.14x2.94% 11.97B
23.7x3.33x12.84x2.42% 7.6B
15.77x0.66x9.34x1.36% 7.02B
9.85x1.16x6.2x2.13% 5.87B
20.88x2.25x10.62x-.--% 5.38B
Average 24.39x 2.82x 12.96x 1.8% 16.82B
Weighted average by Cap. 30.70x 4.44x 17.77x 1.49%

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 Exponent, Inc.
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