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 3,324 - -
Change - -17.51% -8.28% -3.02% -21.59% -5.02% - -
Enterprise Value (EV) 1 5,800 5,018 4,415 4,204 3,278 3,201 3,109 3,018
Change - -13.49% -12.01% -4.77% -22.04% -2.35% -2.85% -2.93%
P/E 61.4x 50.6x 46.9x 41.7x 33.9x 30.3x 26.7x 24.8x
PBR 14.9x - 12.9x 10.8x 9.21x 9.65x 7.57x 6.55x
PEG - 16.02x -45.96x 4.76x -17.88x 2.6x 2x 3.23x
Capitalization / Revenue 14x 10.8x 9.26x 8.61x 6.52x 5.48x 5.07x 4.9x
EV / Revenue 13.3x 10.8x 8.88x 8.11x 6.11x 5.28x 4.75x 4.45x
EV / EBITDA 43.9x 36.6x 32.1x 28.6x 22.1x 18.6x 16.3x 15.5x
EV / EBIT 53.2x 35.6x 39.7x 35.2x 27.4x 22x 18.1x 16.5x
EV / FCF 49.1x - - - 26.8x 17.8x 15.1x -
FCF Yield 2.04% - - - 3.73% 5.62% 6.62% -
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% 1.77% 1.86% 1.77%
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 69.91 69.91 69.91
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.($)
30.3x5.28x18.59x1.77% 3.32B
37.02x6.75x23.95x0.93% 81.27B
38.81x1.29x13.87x0.96% 17.25B
20.17x2.06x10.16x3.65% 14.21B
25.42x2.84x12.15x2.94% 12.21B
24.8x3.46x13.33x2.33% 7.95B
15.55x0.66x9.31x1.38% 7.09B
10.26x1.21x6.44x2.04% 6.12B
21.78x2.35x11.07x-.--% 5.61B
18.89x0.4x9.33x3.94% 5.41B
Average 24.30x 2.63x 12.82x 1.99% 16.04B
Weighted average by Cap. 30.98x 4.41x 17.85x 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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