Company Valuation: Natera, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,834 4,380 7,526 20,899 31,688 37,613 - -
Change - -50.42% 71.84% 177.68% 51.63% 18.7% - -
Enterprise Value (EV) 1 8,250 3,843 6,997 20,011 30,692 36,564 36,293 35,796
Change - -53.41% 82.06% 185.98% 53.38% 19.13% -0.74% -1.37%
P/E -17.9x -7.21x -16.6x -103x -151x -158x -1,137x 157x
PBR 13.6x 6.33x 9.79x 17.6x 18.3x 19.9x 17.5x 14.5x
PEG - -1.04x 0.5x 1.7x 231.03x -16.49x 13.2x -0x
Capitalization / Revenue 14.1x 5.34x 6.95x 12.3x 13.7x 13.4x 11.3x 9.38x
EV / Revenue 13.2x 4.69x 6.46x 11.8x 13.3x 13.1x 10.9x 8.92x
EV / EBITDA -18.1x -7.33x -16.6x -105x -115x -178x 3,221x 112x
EV / EBIT -17.6x -7.1x -15.7x -90x -99x -144x -407x 257x
EV / FCF -21.4x -8.02x -24.5x 289x 281x 452x 108x 56.8x
FCF Yield -4.66% -12.5% -4.09% 0.35% 0.36% 0.22% 0.92% 1.76%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -5.21 -5.57 -3.78 -1.53 -1.52 -1.666 -0.231 1.674
Distribution rate - - - - - - - -
Net sales 1 625.5 820.2 1,083 1,697 2,306 2,797 3,328 4,012
EBITDA 1 -456.9 -524.3 -422.1 -191.3 -266.4 -205.4 11.27 320.6
EBIT 1 -468.2 -541 -446.2 -222.3 -309.9 -254.4 -89.11 139.1
Net income 1 -471.7 -547.8 -434.8 -190.4 -208.2 -224.8 -28.71 225.7
Net Debt 1 -584.1 -536.4 -529 -887.9 -995.8 -1,049 -1,320 -1,816
Reference price 2 93.39 40.17 62.64 158.30 229.09 262.63 262.63 262.63
Nbr of stocks (in thousands) 94,595 109,033 120,152 132,021 138,321 143,215 - -
Announcement Date 24/02/22 28/02/23 28/02/24 27/02/25 26/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-157.68x13.07x-177.98x-.--% 37.61B
19.4x1.88x10.85x1.04% 23.08B
17.47x1.35x7.68x5.01% 7.5B
311.18x - - - 4.77B
48.06x8.54x30.34x1.08% 2.93B
-31.95x - - -.--% 1.85B
-18.13x - - - 1.8B
32.55x1.62x12.36x1.57% 1.83B
13.02x1.34x5.26x5.81% 1.77B
28.67x1.11x8.6x0.86% 1.68B
Average 26.26x 4.13x -14.70x 1.92% 8.48B
Weighted average by Cap. -43.47x 7.56x -81.82x 1.01%

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 Natera, Inc.