Company Valuation: Exponent, Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,083 5,018 4,602 4,463 3,500 3,050 - -
Change - -17.51% -8.28% -3.02% -21.59% -12.84% - -
Enterprise Value (EV) 1 5,800 5,018 4,415 4,204 3,278 2,848 2,772 2,672
Change - -13.49% -12.01% -4.77% -22.04% -13.12% -2.68% -3.6%
P/E 61.4x 50.6x 46.9x 41.7x 33.9x 27.8x 24.8x 23.3x
PBR 14.9x - 12.9x 10.8x 9.21x 7.82x 6.35x 5.21x
PEG - 16.02x -45.96x 4.76x -17.88x 2.95x 2x 3.65x
Capitalization / Revenue 14x 10.8x 9.26x 8.61x 6.52x 5.11x 4.71x 4.57x
EV / Revenue 13.3x 10.8x 8.88x 8.11x 6.11x 4.77x 4.28x 4x
EV / EBITDA 43.9x 36.6x 32.1x 28.6x 22.1x 16.7x 14.7x 13.8x
EV / EBIT 53.2x 35.6x 39.7x 35.2x 27.4x 18.6x 16.4x 14.7x
EV / FCF 49.1x - - - 26.8x 15.4x 13.3x -
FCF Yield 2.04% - - - 3.73% 6.5% 7.54% -
Dividend per Share 2 0.8 - 1.04 1.12 1.2 1.24 1.3 1.24
Rate of return 0.69% - 1.14% 1.27% 1.71% 1.97% 2.07% 1.97%
EPS 2 1.9 1.96 1.94 2.11 2.07 2.265 2.54 2.702
Distribution rate 42.1% - 53.6% 53.1% 58% 54.7% 51.2% 45.9%
Net sales 1 434.8 463.8 497.2 518.5 536.8 597.5 648.3 667.4
EBITDA 1 132.3 137.2 137.7 147.1 148.1 170.5 188.1 193.2
EBIT 1 108.9 140.8 111.3 119.6 119.8 153 169 181.5
Net income 1 101.2 102.3 100.3 109 106 113 125.3 137.7
Net Debt 1 -282.7 - -187.2 -258.9 -221.9 -202.6 -278.9 -378.7
Reference price 2 116.73 99.09 90.91 87.92 70.15 62.88 62.88 62.88
Nbr of stocks (in thousands) 52,112 50,638 50,622 50,764 49,887 48,512 - -
Announcement Date 3/2/22 2/2/23 1/2/24 6/2/25 5/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.76x4.77x16.7x1.97% 3.05B
41.82x7.48x27x0.86% 81.81B
39.42x4.61x15.04x1.16% 20.8B
30.3x1.24x12.61x1.08% 15.56B
19.19x2.06x10.21x3.64% 13.92B
25.15x2.83x12.14x2.98% 12.02B
25.08x3.46x13.32x2.33% 7.78B
15.26x0.66x9.49x1.38% 6.96B
44.34x2x15.62x0.46% 5.27B
8.71x1x5.28x2.43% 5.24B
Average 27.70x 3.01x 13.74x 1.83% 17.24B
Weighted average by Cap. 34.50x 4.94x 19.35x 1.43%

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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