Company Valuation: Scatec ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 24,255 12,478 13,055 12,643 16,877 15,585 - -
Change - -48.56% 4.62% -3.16% 33.49% -7.65% - -
Enterprise Value (EV) 1 39,204 32,056 36,339 37,282 42,540 44,305 53,509 55,529
Change - -18.23% 13.36% 2.59% 14.1% 4.15% 20.77% 3.77%
P/E 62.9x -9.36x 20.8x 9.65x 16.2x 35x 11.6x 8.15x
PBR 2.62x 1.51x 1.5x 1.19x 1.67x 1.42x 1.22x 1.06x
PEG - 0x -0x 0x -0.8x -0.6x 0x 0.2x
Capitalization / Revenue 6.38x 3.33x 2.77x 1.92x 3.22x 2.87x 1.96x 1.39x
EV / Revenue 10.3x 8.55x 7.7x 5.67x 8.12x 8.17x 6.71x 4.95x
EV / EBITDA 13.5x 12.5x 10.2x 6.88x 10.6x 10.5x 9.04x 7.4x
EV / EBIT 19.5x 44.3x 13.8x 9.03x 15x 15.6x 12.6x 9.53x
EV / FCF 3.86x -26.1x -7.32x -266x -11.9x -14.9x -5.04x 34.1x
FCF Yield 25.9% -3.84% -13.7% -0.38% -8.39% -6.73% -19.8% 2.93%
Dividend per Share 2 2.54 1.94 - - - 0.01 0.004 0.005
Rate of return 1.66% 2.47% - - - 0.01% 0% 0.01%
EPS 2 2.43 -8.4 3.95 8.24 6.54 2.782 8.378 11.96
Distribution rate 105% -23.1% - - - 0.36% 0.05% 0.04%
Net sales 1 3,803 3,751 4,721 6,574 5,238 5,423 7,971 11,220
EBITDA 1 2,903 2,555 3,567 5,421 4,013 4,202 5,919 7,502
EBIT 1 2,012 723 2,625 4,127 2,845 2,831 4,262 5,824
Net income 1 388 -1,334 628 1,309 1,045 505.6 1,334 1,905
Net Debt 1 14,949 19,578 23,284 24,639 25,663 28,719 37,924 39,943
Reference price 2 152.75 78.60 82.15 79.50 106.20 97.50 97.50 97.50
Nbr of stocks (in thousands) 158,792 158,756 158,917 159,028 158,917 159,849 - -
Announcement Date 03/02/22 03/02/23 26/01/24 31/01/25 30/01/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
80.55x20.28x23.52x-.--% 26.92B
19.25x9.92x13.92x2.3% 25.23B
33.25x8.27x10.81x1.19% 17.28B
11.1x5.17x8.45x3.88% 7.1B
20.26x6.68x9.59x4.19% 3.97B
Average 32.88x 10.07x 13.26x 2.31% 16.1B
Weighted average by Cap. 42.09x 12.45x 15.77x 1.53%

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