Valuation Appear ASA

Stocks

Market Closed - Oslo Bors 02:45:00 29/10/26 am AEDT			5-day change	1st Jan Change
36.00 ^NOK	+5.57%		+8.76%	-56.79%

19/10	DNB Carnegie cuts price target for Appear to 51 Norwegian kroner (90), reiterates buy	FW
16/10	Appear ASA Names Interim CFO	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2025	2026	2027	2028
Market Cap ¹	3,399	1,461	-	-
Change	-	-57%	-	-
Enterprise Value (EV) ¹	2,953	1,004	932.9	832.9
Change	-	-65.99%	-7.12%	-10.72%
P/E	24.5x	14.1x	10.4x	7.33x
PBR	5.33x	2.09x	1.74x	1.4x
PEG	-	-0.6x	0.3x	0.2x
Capitalization / Revenue	4.24x	1.78x	1.47x	1.22x
EV / Revenue	3.69x	1.22x	0.94x	0.7x
EV / EBITDA	15.6x	5.84x	3.94x	2.55x
EV / EBIT	17.3x	7.76x	5.2x	3.28x
EV / FCF	21.2x	1,004x	15x	11.9x
FCF Yield	4.72%	0.1%	6.65%	8.4%
Dividend per Share ²	-	-	-	-
Rate of return	-	-	-	-
EPS ²	3.4	2.545	3.46	4.91
Distribution rate	-	-	-	-
Net sales ¹	800.9	822	991	1,197
EBITDA ¹	189.1	172	237	327
EBIT ¹	170.7	129.5	179.5	254
Net income ¹	129.2	100	138.5	197
Net Debt ¹	-445.6	-457	-528.5	-628.5
Reference price ²	83.32	36.00	36.00	36.00
Nbr of stocks (in thousands)	40,793	40,596	-	-
Announcement Date	12/2/26	-	-	-

¹NOK in Million²NOK

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
APPEAR ASA	13.4x	1.13x	5.39x	-	148M
CISCO SYSTEMS, INC.	27.13x	6.08x	15.74x	1.53%	439B
ARISTA NETWORKS, INC.	49.02x	17.38x	34.84x	-.--%	236B
FOXCONN INDUSTRIAL INTERNET CO., LTD.	15.12x	0.61x	10.97x	2.99%	137B
ZHONGJI INNOLIGHT CO., LTD.	18.67x	5.8x	14x	0.66%	102B
MOTOROLA SOLUTIONS, INC.	34.99x	6.78x	19.66x	1%	80.03B
LUMENTUM HOLDINGS INC.	40.08x	12.02x	26.82x	-.--%	78.46B
GARMIN LTD.	28.62x	6.54x	21.57x	1.43%	55.8B
NOKIA OYJ	45.67x	2.05x	12.94x	1.89%	50.69B
HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.	16.9x	2.69x	11.22x	4.21%	47.07B
Average	28.96x	6.11x	17.32x	1.52%	122.54B
Weighted average by Cap.	31.09x	7.77x	19.68x	1.31%