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 15,849 - -
Change - -48.56% 4.62% -3.16% 33.49% -6.09% - -
Enterprise Value (EV) 1 39,204 32,056 36,339 37,282 42,540 46,491 54,732 57,137
Change - -18.23% 13.36% 2.59% 14.1% 9.29% 17.73% 4.39%
P/E 62.9x -9.36x 20.8x 9.65x 16.2x 33.2x 11.7x 8.16x
PBR 2.62x 1.51x 1.5x 1.19x 1.67x 1.46x 1.27x 1.09x
PEG - 0x -0x 0x -0.8x -0.6x 0x 0.2x
Capitalization / Revenue 6.38x 3.33x 2.77x 1.92x 3.22x 2.84x 1.97x 1.4x
EV / Revenue 10.3x 8.55x 7.7x 5.67x 8.12x 8.34x 6.8x 5.06x
EV / EBITDA 13.5x 12.5x 10.2x 6.88x 10.6x 11x 9.05x 7.49x
EV / EBIT 19.5x 44.3x 13.8x 9.03x 15x 16.4x 12.9x 10.5x
EV / FCF 3.86x -26.1x -7.32x -266x -11.9x -9.33x -4.2x -75.9x
FCF Yield 25.9% -3.84% -13.7% -0.38% -8.39% -10.7% -23.8% -1.32%
Dividend per Share 2 2.54 1.94 - - - 0.09 0.53 0.962
Rate of return 1.66% 2.47% - - - 0.09% 0.55% 1.01%
EPS 2 2.43 -8.4 3.95 8.24 6.54 2.88 8.164 11.73
Distribution rate 105% -23.1% - - - 3.13% 6.49% 8.2%
Net sales 1 3,803 3,751 4,721 6,574 5,238 5,573 8,053 11,294
EBITDA 1 2,903 2,555 3,567 5,421 4,013 4,246 6,045 7,631
EBIT 1 2,012 723 2,625 4,127 2,845 2,838 4,243 5,424
Net income 1 388 -1,334 628 1,309 1,045 459.5 1,300 1,867
Net Debt 1 14,949 19,578 23,284 24,639 25,663 30,642 38,883 41,288
Reference price 2 152.75 78.60 82.15 79.50 106.20 95.70 95.70 95.70
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.($)
20.17x9.49x13.55x2.46% 26.83B
75.24x18.69x22.22x-.--% 22.5B
28.12x7.98x10.24x1.31% 16.69B
12.01x5.35x8.96x3.17% 7.72B
26.87x4.79x8.29x3.41% 3.99B
Average 32.48x 9.26x 12.65x 2.07% 15.55B
Weighted average by Cap. 37.35x 11.18x 14.62x 1.62%

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