Company Valuation: Cactus, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,248 3,052 2,966 3,890 3,145 4,892 - -
Change - 35.77% -2.82% 31.17% -19.16% 55.58% - -
Enterprise Value (EV) 1 1,946 2,707 2,832 3,547 2,650 4,495 4,265 4,892
Change - 39.11% 4.61% 25.26% -25.29% 69.63% -5.13% 14.72%
P/E 45.9x 27.9x 17.7x 21.1x 19x 26x 21.8x -
PBR 4.85x 5.37x 3.43x 4.35x 2.57x 3.73x 3.26x -
PEG - 0x 0.4x 2.71x -1.5x 2.2x 1.1x -
Capitalization / Revenue 5.12x 4.43x 2.7x 3.44x 2.91x 2.86x 2.75x 2.61x
EV / Revenue 4.44x 3.93x 2.58x 3.14x 2.46x 2.63x 2.4x 2.61x
EV / EBITDA 16.2x 11.9x 7.11x 9.05x 7.51x 9.49x 8.53x 8.96x
EV / EBIT 25.8x 15.5x 10.7x 12.2x 10.6x 14.9x 11.9x 11.6x
EV / FCF 39.1x 30.2x 9.56x 12.8x 12.4x 15.1x 14.4x 12.8x
FCF Yield 2.56% 3.31% 10.5% 7.81% 8.06% 6.61% 6.93% 7.79%
Dividend per Share 2 0.38 0.44 0.46 0.5 0.54 0.5825 0.598 0.6
Rate of return 1% 0.88% 1.01% 0.86% 1.18% 0.83% 0.85% 0.86%
EPS 2 0.83 1.8 2.57 2.77 2.41 2.693 3.22 -
Distribution rate 45.8% 24.4% 17.9% 18.1% 22.4% 21.6% 18.6% -
Net sales 1 438.6 688.4 1,097 1,130 1,079 1,710 1,780 1,872
EBITDA 1 120.4 227.9 398.1 392 353 473.8 499.7 546
EBIT 1 75.43 174.7 264.4 289.6 250.5 301.9 357.1 423
Net income 1 49.59 110.2 169.2 185.4 166 226.5 240.5 -
Net Debt 1 -301.7 -344.5 -133.8 -342.8 -494.6 -397.2 -627.9 -
Reference price 2 38.13 50.26 45.40 58.36 45.68 70.16 70.16 70.16
Nbr of stocks (in thousands) 58,949 60,719 65,323 66,656 68,840 69,733 - -
Announcement Date 28/2/22 23/2/23 28/2/24 26/2/25 25/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.39x2.51x11.46x2.04% 85.35B
21.1x2.64x14.56x1.45% 63.03B
26.05x2.85x14.06x0.25% 31.31B
15.49x1.59x8.71x1.85% 30.88B
27.42x0.51x4.43x3.8% 9.81B
23.93x0.89x7.81x1.81% 7.63B
17.96x1.52x7.15x1.15% 6.87B
6.94x1.48x5.82x3.04% 6.84B
31.29x5.99x10.79x3.2% 6.33B
Average 21.51x 2.22x 9.42x 2.07% 27.56B
Weighted average by Cap. 21.93x 2.37x 11.55x 1.74%

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