Company Valuation: Orkla ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 88,000 70,737 78,651 98,263 111,353 92,615 - -
Change - -19.62% 11.19% 24.94% 13.32% -16.83% - -
Enterprise Value (EV) 1 101,207 88,337 98,434 115,156 126,051 110,287 108,815 109,094
Change - -12.72% 11.43% 16.99% 9.46% -12.51% -1.33% 0.26%
P/E 18.3x 14.1x 15.1x 16.2x 9.8x 14.1x 13.8x 13x
PBR 2.29x 1.7x 1.74x 2.04x 2.3x 2.07x 1.98x 1.85x
PEG - 3.09x 4.48x 1x 0.1x -0.3x 6.54x 2.06x
Capitalization / Revenue 1.74x 1.21x 1.16x 1.39x 1.56x 1.3x 1.25x 1.21x
EV / Revenue 2.01x 1.51x 1.45x 1.63x 1.76x 1.55x 1.47x 1.43x
EV / EBITDA 12.3x 9.14x 10.3x 10.7x 12.8x 10.8x 10.3x 9.89x
EV / EBIT 17.7x 12.8x 15.8x 15.7x 17.8x 14.8x 13.8x 13.1x
EV / FCF 27x 36x 22.7x 15x 18.5x 15.5x 17.9x 15.3x
FCF Yield 3.7% 2.78% 4.4% 6.66% 5.42% 6.43% 5.58% 6.56%
Dividend per Share 2 3 3 3 4 6 5.59 4.679 5.09
Rate of return 3.4% 4.23% 3.81% 4.07% 5.33% 5.8% 4.86% 5.29%
EPS 2 4.82 5.04 5.21 6.06 11.48 6.843 6.987 7.429
Distribution rate 62.2% 59.5% 57.6% 66% 52.3% 81.7% 67% 68.5%
Net sales 1 50,441 58,391 67,797 70,656 71,547 71,129 73,799 76,467
EBITDA 1 8,232 9,668 9,578 10,744 9,818 10,202 10,584 11,029
EBIT 1 5,730 6,897 6,234 7,351 7,086 7,437 7,909 8,324
Net income 1 4,808 5,019 5,196 6,057 11,473 6,738 6,676 7,357
Net Debt 1 13,207 17,600 19,783 16,893 14,698 17,673 16,201 16,480
Reference price 2 88.36 70.94 78.84 98.35 112.50 96.30 96.30 96.30
Nbr of stocks (in thousands) 995,929 997,144 997,605 999,118 989,802 961,731 - -
Announcement Date 10/2/22 14/2/23 8/2/24 13/2/25 12/2/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.07x1.55x10.81x5.8% 9.92B
14.94x1.09x6.98x4.69% 3.87B
18.11x1.35x10.62x4.39% 1.66B
8.5x1.12x6.94x6.73% 1.62B
13.93x - - - 1.3B
9.3x0.47x4.85x2.67% 803M
Average 13.14x 1.12x 8.04x 4.86% 3.2B
Weighted average by Cap. 13.92x 1.34x 9.34x 5.38%

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