Company Valuation: Avista Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,007 3,271 2,765 2,900 3,136 3,023 - -
Change - 8.79% -15.47% 4.89% 8.12% -3.59% - -
Enterprise Value (EV) 1 5,469 5,604 5,609 5,838 6,259 6,150 6,304 6,521
Change - 2.47% 0.1% 4.08% 7.2% -1.74% 2.5% 3.45%
P/E 20.2x 20.9x 16x 16x 16.2x 13.9x 13x 12.4x
PBR - 3.8x 1.12x 1.13x 1.17x 1.07x 1.04x 0.96x
PEG - 21.95x 2.83x 7.17x 4.12x 1.58x 1.77x 2.74x
Capitalization / Revenue 2.09x 1.91x 1.58x 1.5x 1.6x 1.51x 1.46x 1.41x
EV / Revenue 3.8x 3.28x 3.2x 3.01x 3.19x 3.07x 3.04x 3.04x
EV / EBITDA 11.9x 12.6x 10.7x 10.1x 9.73x 8.97x 8.43x 8.32x
EV / EBIT 24x 29.5x 21.8x 19.1x 17.7x 15.2x 14.3x 14x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1.69 1.76 1.84 1.9 1.96 1.988 2.03 2.092
Rate of return 3.98% 3.97% 5.15% 5.19% 5.09% 5.51% 5.62% 5.8%
EPS 2 2.1 2.12 2.24 2.29 2.38 2.59 2.78 2.906
Distribution rate 80.5% 83% 82.1% 83% 82.4% 76.8% 73% 72%
Net sales 1 1,439 1,710 1,752 1,937 1,964 2,004 2,076 2,146
EBITDA 1 460.4 443.4 523 580 643 685.5 747.6 784.2
EBIT 1 228.2 190.2 257.7 306 354 405.9 439.8 467.1
Net income 1 147.3 155.2 171.2 180 193 219.1 234.1 251.1
Net Debt 1 2,462 2,333 2,844 2,938 3,123 3,126 3,280 3,498
Reference price 2 42.49 44.34 35.74 36.63 38.54 36.10 36.10 36.10
Nbr of stocks (in thousands) 70,768 73,776 77,368 79,183 81,372 83,753 - -
Announcement Date 23/2/22 22/2/23 21/2/24 26/2/25 25/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14x3.08x8.99x5.48% 3.04B
12.86x5.56x11.9x4.33% 76.4B
12.79x1.44x7.53x5.86% 67.02B
16.15x6.28x14.02x3.24% 53.17B
15.84x1.11x9.28x3.4% 52.08B
20.08x2.72x9.39x2.17% 49.25B
16.56x4.95x9.58x4.55% 37.03B
60.1x19.28x34.34x0.25% 35.7B
16.57x4.71x12.34x3.82% 34.77B
18.94x5.52x12.53x2.94% 28.3B
Average 20.39x 5.47x 12.99x 3.61% 43.67B
Weighted average by Cap. 19.29x 5.15x 12.58x 3.64%

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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  3. AVA Stock
  4. Valuation Avista Corporation
-40%: Exceptional extension
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