Company Valuation: Spectra Systems Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 104.5 92.02 93.55 141.5 141.3 80.85 80.85
Change - -11.94% 1.67% 51.3% -0.16% -42.79% 0%
Enterprise Value (EV) 1 90.45 75.24 76.06 128.3 128 70.16 61.9
Change - -16.82% 1.08% 68.68% -0.25% -45.17% -11.77%
P/E ratio - 18.5x - - - - -
PBR - - - - - - -
PEG - - - - - - -
Capitalization / Revenue 7.12x 5.55x 4.77x 6.98x 2.87x 1.56x 2.84x
EV / Revenue 6.16x 4.53x 3.88x 6.32x 2.6x 1.35x 2.17x
EV / EBITDA 14.2x 10.9x 9.42x 15.3x 8.58x 2.52x 5.13x
EV / EBIT - 12.7x - - 11x 2.77x 6.13x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Dividend per Share 2 0.09 0.11 0.115 0.116 0.116 0.117 0.119
Rate of return 3.92% 5.42% 5.53% 3.91% 3.96% 6.99% 7.11%
EPS 2 - 0.11 - - - - -
Distribution rate - 100% - - - - -
Net sales 1 14.68 16.59 19.63 20.29 49.19 51.9 28.5
EBITDA 1 6.357 6.896 8.077 8.394 14.92 27.82 12.07
EBIT 1 - 5.91 - - 11.67 25.3 10.1
Net income 1 - 5.163 - - 8.52 18.1 6.6
Net Debt 1 -14.04 -16.78 -17.5 -13.25 -13.35 -10.69 -18.94
Reference price 2 2.294 2.031 2.078 2.968 2.930 1.675 1.675
Nbr of stocks (in thousands) 45,555 45,304 45,011 47,692 48,241 48,281 48,281
Announcement Date 22/03/21 21/03/22 20/03/23 27/03/24 31/03/25 - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 1.35x2.52x6.99% 80.85M
39.86x7.15x25.77x0.87% 77.72B
35.62x4.17x13.51x1.31% 18.34B
21.28x1.2x11.79x1.1% 15.04B
20.81x2.16x10.76x3.32% 14.3B
32.08x3.7x15x1.95% 7.69B
16.51x1.98x8.73x4.32% 7.59B
10.96x1.2x6.26x1.97% 6.5B
11.94x0.55x7.9x1.74% 5.3B
40.42x1.89x14.78x0.49% 4.94B
Average 25.50x 2.53x 11.70x 2.41% 15.75B
Weighted average by Cap. 32.24x 4.73x 18.54x 1.45%

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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