Company Valuation: CapForce Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 45.88 38.95 7.571 4.206 5.991 161.4
Change - -15.1% -80.56% -44.45% 42.44% 2,593.85%
Enterprise Value (EV) 1 55.36 28.05 14.95 16.1 6.701 162.7
Change - -49.34% -46.69% 7.65% -58.37% 2,327.7%
P/E -1.23x -0.87x -0.18x -0.1x 0.26x 6.86x
PBR 2.41x 1.13x 1.08x -0.47x 0.81x 5.07x
PEG - 0x 0x 0x -0x 7.63x
Capitalization / Revenue 10.9x 9.05x 2.9x 1.23x 1.15x 5.34x
EV / Revenue 13.1x 6.51x 5.74x 4.71x 1.29x 5.39x
EV / EBITDA -2.89x -1.38x -0.73x -1.12x 11.7x 6.72x
EV / EBIT -2.58x -1.21x -0.67x -1.03x 16.8x 6.77x
EV / FCF -5.46x -1.7x -0.99x -1.58x 38.9x 8.03x
FCF Yield -18.3% -58.9% -102% -63.4% 2.57% 12.5%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -331.8 -228.9 -152.7 -41.47 2.298 2.318
Distribution rate - - - - - -
Net sales 1 4.214 4.306 2.607 3.418 5.196 30.2
EBITDA 1 -19.16 -20.39 -20.58 -14.37 0.5746 24.22
EBIT 1 -21.49 -23.1 -22.22 -15.69 0.3999 24.03
Net income 1 -26.21 -34.81 -37.28 -32.67 11.99 23.62
Net Debt 1 9.488 -10.9 7.382 11.89 0.711 1.317
Reference price 2 408.000 200.000 28.200 4.200 0.595 15.900
Nbr of stocks (in thousands) 112 195 268 1,001 10,068 10,149
Announcement Date 29/3/21 30/3/22 30/3/23 3/6/24 21/8/25 26/5/26
1USD in Million2USD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 113M
19.87x4x9.44x1.51% 86.46B
42.11x13.94x26.17x-.--% 77.82B
23.03x6.19x11.88x-.--% 31.84B
42.43x22.51x36.8x1.97% 26.18B
57.89x5.23x18.21x-.--% 23.95B
6.2x2.99x6.96x4.07% 23.14B
7.47x - - 8.08% 16.87B
73.52x4.4x21.66x-.--% 15.56B
12.3x-0.36x-0.62x-.--% 14.74B
Average 31.65x 7.36x 16.31x 1.74% 31.67B
Weighted average by Cap. 31.02x 8.26x 17.08x 1.3%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation CapForce Inc.