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 15,649 - -
Change - -48.56% 4.62% -3.16% 33.49% -7.28% - -
Enterprise Value (EV) 1 39,204 32,056 36,339 37,282 42,540 44,543 53,794 55,677
Change - -18.23% 13.36% 2.59% 14.1% 4.71% 20.77% 3.5%
P/E 62.9x -9.36x 20.8x 9.65x 16.2x 35.2x 11.7x 8.59x
PBR 2.62x 1.51x 1.5x 1.19x 1.67x 1.43x 1.22x 1.05x
PEG - 0x -0x 0x -0.8x -0.6x 0x 0.2x
Capitalization / Revenue 6.38x 3.33x 2.77x 1.92x 3.22x 2.86x 1.94x 1.37x
EV / Revenue 10.3x 8.55x 7.7x 5.67x 8.12x 8.13x 6.68x 4.89x
EV / EBITDA 13.5x 12.5x 10.2x 6.88x 10.6x 10.5x 9.01x 7.34x
EV / EBIT 19.5x 44.3x 13.8x 9.03x 15x 15.6x 12.5x 9.42x
EV / FCF 3.86x -26.1x -7.32x -266x -11.9x -14.9x -5.07x 34.2x
FCF Yield 25.9% -3.84% -13.7% -0.38% -8.39% -6.69% -19.7% 2.92%
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 11.39
Distribution rate 105% -23.1% - - - 0.36% 0.05% 0.04%
Net sales 1 3,803 3,751 4,721 6,574 5,238 5,477 8,050 11,382
EBITDA 1 2,903 2,555 3,567 5,421 4,013 4,236 5,969 7,581
EBIT 1 2,012 723 2,625 4,127 2,845 2,864 4,315 5,907
Net income 1 388 -1,334 628 1,309 1,045 505.6 1,334 1,814
Net Debt 1 14,949 19,578 23,284 24,639 25,663 28,894 38,145 40,028
Reference price 2 152.75 78.60 82.15 79.50 106.20 97.90 97.90 97.90
Nbr of stocks (in thousands) 158,792 158,756 158,917 159,028 158,917 159,849 - -
Announcement Date 3/2/22 3/2/23 26/1/24 31/1/25 30/1/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
34.85x8.1x10.48x0.01% 1.6B
20.55x9.6x13.47x2.43% 26.99B
83.05x20.72x24.02x-.--% 27.51B
32.35x8.12x10.55x1.22% 16.81B
11.14x5.18x8.47x3.87% 7.27B
18.3x4.79x8.16x3.25% 4.12B
Average 33.37x 9.42x 12.52x 1.8% 14.05B
Weighted average by Cap. 42.65x 12.29x 15.58x 1.51%

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