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 3,243 - -
Change - -17.51% -8.28% -3.02% -21.59% -7.33% - -
Enterprise Value (EV) 1 5,800 5,018 4,415 4,204 3,278 3,131 3,038 2,937
Change - -13.49% -12.01% -4.77% -22.04% -4.48% -2.95% -3.32%
P/E 61.4x 50.6x 46.9x 41.7x 33.9x 29x 25.6x 23.7x
PBR 14.9x - 12.9x 10.8x 9.21x 9.22x 7.24x 6.27x
PEG - 16.02x -45.96x 4.76x -17.88x 2.5x 1.9x 3.09x
Capitalization / Revenue 14x 10.8x 9.26x 8.61x 6.52x 5.35x 4.95x 4.78x
EV / Revenue 13.3x 10.8x 8.88x 8.11x 6.11x 5.16x 4.64x 4.33x
EV / EBITDA 43.9x 36.6x 32.1x 28.6x 22.1x 18.2x 15.9x 15.1x
EV / EBIT 53.2x 35.6x 39.7x 35.2x 27.4x 21.5x 17.7x 16.1x
EV / FCF 49.1x - - - 26.8x 17.4x 14.7x -
FCF Yield 2.04% - - - 3.73% 5.75% 6.78% -
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% 1.85% 1.94% 1.85%
EPS 2 1.9 1.96 1.94 2.11 2.07 2.307 2.615 2.816
Distribution rate 42.1% - 53.6% 53.1% 58% 53.7% 49.7% 44%
Net sales 1 434.8 463.8 497.2 518.5 536.8 606.3 655 678.5
EBITDA 1 132.3 137.2 137.7 147.1 148.1 172.1 190.5 195.2
EBIT 1 108.9 140.8 111.3 119.6 119.8 145.7 171.4 182.5
Net income 1 101.2 102.3 100.3 109 106 110.4 126.4 135.8
Net Debt 1 -282.7 - -187.2 -258.9 -221.9 -112.3 -204.7 -305.6
Reference price 2 116.73 99.09 90.91 87.92 70.15 66.85 66.85 66.85
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.($)
28.98x5.16x18.19x1.85% 3.24B
37.3x6.8x24.19x0.92% 81.89B
39.09x4.54x14.8x1.17% 20.44B
31.64x1.29x12.92x1.04% 15.93B
19.72x2.08x10.24x3.62% 14.13B
25.2x2.84x12.18x2.97% 12.07B
24.34x3.41x13.11x2.38% 7.7B
15.25x0.66x9.42x1.39% 6.95B
9.91x1.13x5.99x2.13% 5.96B
18.96x0.4x9.36x3.93% 5.39B
Average 25.04x 2.83x 13.04x 2.14% 17.37B
Weighted average by Cap. 31.60x 4.55x 17.81x 1.56%

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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  4. Valuation Exponent, Inc.