Company Valuation: Kalray

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 184.8 113.9 176 9.744 15.25 87.99 - -
Change - -38.35% 54.45% -94.46% 56.47% 477.12% - -
Enterprise Value (EV) 1 184.2 94.72 173 21.02 20.61 95.49 94.99 94.09
Change - -48.58% 82.63% -87.85% -1.97% 363.37% -0.52% -0.95%
P/E -12.2x -6.94x -14.7x -0.4x -3.19x 586x 147x 117x
PBR - 2.93x 3.56x 0.33x - 3.45x 3.45x 3.26x
PEG - 1.96x 0.3x -0x 0x -6x 0x 4.7x
Capitalization / Revenue 127x 6.94x 6.81x 0.39x 0.93x 4.58x 4.42x 4.27x
EV / Revenue 127x 5.77x 6.7x 0.85x 1.25x 4.97x 4.77x 4.57x
EV / EBITDA -31.9x -35.4x -161x -2.57x 4.46x 8.23x 8.33x 8.11x
EV / EBIT -9.89x -4.83x -10.6x -0.73x -2.11x 318x 119x 78.4x
EV / FCF -8.88x -5.78x -7.6x -0.74x -1.36x -23.3x 190x 118x
FCF Yield -11.3% -17.3% -13.2% -135% -73.7% -4.29% 0.53% 0.85%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -2.592 -2.5 -1.41 -2.64 -0.37 0.01 0.04 0.05
Distribution rate - - - - - - - -
Net sales 1 1.454 16.41 25.83 24.82 16.45 19.2 19.9 20.6
EBITDA 1 -5.771 -2.678 -1.074 -8.188 4.624 11.6 11.4 11.6
EBIT 1 -18.62 -19.63 -16.26 -28.94 -9.769 0.3 0.8 1.2
Net income 1 -15.12 -15.55 -11.69 -23.27 -4.54 0.2 0.8 1.1
Net Debt 1 -0.596 -19.22 -3.002 11.28 5.361 7.5 7 6.1
Reference price 2 31.700 17.340 20.750 1.050 1.180 5.860 5.860 5.860
Nbr of stocks (in thousands) 5,830 6,571 8,482 9,280 12,920 15,015 - -
Announcement Date 28/3/22 17/4/23 24/4/24 30/4/25 23/4/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
586x4.97x8.23x - 102M
119.9x23.28x83.78x0.14% 79.83B
Average 352.95x 14.13x 46.01x 0.14% 39.97B
Weighted average by Cap. 120.50x 23.26x 83.68x 0.14%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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