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 3,299 - -
Change - -17.51% -8.28% -3.02% -21.59% -5.74% - -
Enterprise Value (EV) 1 5,800 5,018 4,415 4,204 3,278 3,175 3,084 2,993
Change - -13.49% -12.01% -4.77% -22.04% -3.12% -2.87% -2.96%
P/E 61.4x 50.6x 46.9x 41.7x 33.9x 30.1x 26.5x 24.6x
PBR 14.9x - 12.9x 10.8x 9.21x 9.57x 7.51x 6.5x
PEG - 16.02x -45.96x 4.76x -17.88x 2.6x 2x 3.21x
Capitalization / Revenue 14x 10.8x 9.26x 8.61x 6.52x 5.44x 5.04x 4.86x
EV / Revenue 13.3x 10.8x 8.88x 8.11x 6.11x 5.24x 4.71x 4.41x
EV / EBITDA 43.9x 36.6x 32.1x 28.6x 22.1x 18.4x 16.2x 15.3x
EV / EBIT 53.2x 35.6x 39.7x 35.2x 27.4x 21.8x 18x 16.4x
EV / FCF 49.1x - - - 26.8x 17.6x 15x -
FCF Yield 2.04% - - - 3.73% 5.67% 6.68% -
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% 1.79% 1.87% 1.79%
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 -123.3 -214.5 -305.6
Reference price 2 116.73 99.09 90.91 87.92 70.15 69.38 69.38 69.38
Nbr of stocks (in thousands) 52,112 50,638 50,622 50,764 49,887 47,546 - -
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.($)
30.07x5.24x18.45x1.79% 3.3B
37.1x6.76x24x0.93% 81.44B
38.96x1.29x13.92x0.96% 17.31B
20.16x2.06x10.15x3.65% 14.22B
25.4x2.84x12.14x2.94% 12.23B
24.76x3.46x13.31x2.34% 7.94B
15.43x0.66x9.25x1.39% 7.05B
10.41x1.22x6.53x2.02% 6.21B
21.8x2.35x11.08x-.--% 5.62B
18.83x0.4x9.3x3.96% 5.41B
Average 24.29x 2.63x 12.81x 2% 16.07B
Weighted average by Cap. 31.03x 4.41x 17.88x 1.54%

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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