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 2,968 - -
Change - -17.51% -8.28% -3.02% -21.59% -15.19% - -
Enterprise Value (EV) 1 5,800 5,018 4,415 4,204 3,278 2,765 2,689 2,589
Change - -13.49% -12.01% -4.77% -22.04% -15.63% -2.76% -3.71%
P/E 61.4x 50.6x 46.9x 41.7x 33.9x 27x 24.1x 22.6x
PBR 14.9x - 12.9x 10.8x 9.21x 7.61x 6.18x 5.07x
PEG - 16.02x -45.96x 4.76x -17.88x 2.87x 2x 3.54x
Capitalization / Revenue 14x 10.8x 9.26x 8.61x 6.52x 4.97x 4.58x 4.45x
EV / Revenue 13.3x 10.8x 8.88x 8.11x 6.11x 4.63x 4.15x 3.88x
EV / EBITDA 43.9x 36.6x 32.1x 28.6x 22.1x 16.2x 14.3x 13.4x
EV / EBIT 53.2x 35.6x 39.7x 35.2x 27.4x 18.1x 15.9x 14.3x
EV / FCF 49.1x - - - 26.8x 14.9x 12.9x -
FCF Yield 2.04% - - - 3.73% 6.69% 7.77% -
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% 2.03% 2.12% 2.03%
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 61.18 61.18 61.18
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.($)
27.01x4.63x16.21x2.03% 2.97B
36.47x6.52x23.63x0.98% 71.31B
39.37x4.71x15.38x1.14% 21.25B
29.77x1.22x12.38x1.1% 15.23B
19.11x2.05x10.13x3.66% 13.83B
25.11x2.82x12.12x2.98% 11.91B
26.63x3.64x14.05x2.19% 8.21B
15.17x0.66x9.45x1.39% 6.91B
18.05x0.39x8.84x4.07% 5.17B
Average 26.30x 2.96x 13.58x 2.17% 17.42B
Weighted average by Cap. 31.58x 4.44x 17.60x 1.6%

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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