Company Valuation: Scatec ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 24,255 12,478 13,055 12,643 16,877 15,553 - -
Change - -48.56% 4.62% -3.16% 33.49% -7.84% - -
Enterprise Value (EV) 1 39,204 32,056 36,339 37,282 42,540 44,886 53,331 54,997
Change - -18.23% 13.36% 2.59% 14.1% 5.51% 18.82% 3.12%
P/E Ratio 62.9x -9.36x 20.8x 9.65x 16.2x 36x 11.7x 8.04x
PBR 2.62x 1.51x 1.5x 1.19x 1.67x 1.43x 1.24x 1.07x
PEG - 0x -0x 0x -0.8x -0.6x 0x 0.2x
Capitalization / Revenue 6.38x 3.33x 2.77x 1.92x 3.22x 2.86x 1.98x 1.46x
EV / Revenue 10.3x 8.55x 7.7x 5.67x 8.12x 8.25x 6.77x 5.16x
EV / EBITDA 13.5x 12.5x 10.2x 6.88x 10.6x 10.7x 9.05x 7.43x
EV / EBIT 19.5x 44.3x 13.8x 9.03x 15x 15.9x 12.5x 9.67x
EV / FCF 3.86x -26.1x -7.32x -266x -11.9x -15.1x -5.02x 33.8x
FCF Yield 25.9% -3.84% -13.7% -0.38% -8.39% -6.64% -19.9% 2.96%
Dividend per Share 2 2.54 1.94 - - - 0.00857 0.00333 0.004
Rate of return 1.66% 2.47% - - - 0.01% 0% 0%
EPS 2 2.43 -8.4 3.95 8.24 6.54 2.702 8.333 12.1
Distribution rate 105% -23.1% - - - 0.32% 0.04% 0.03%
Net sales 1 3,803 3,751 4,721 6,574 5,238 5,438 7,873 10,662
EBITDA 1 2,903 2,555 3,567 5,421 4,013 4,188 5,895 7,401
EBIT 1 2,012 723 2,625 4,127 2,845 2,831 4,262 5,689
Net income 1 388 -1,334 628 1,309 1,045 505.6 1,334 1,905
Net Debt 1 14,949 19,578 23,284 24,639 25,663 29,332 37,778 39,443
Reference price 2 152.75 78.60 82.15 79.50 106.20 97.30 97.30 97.30
Nbr of stocks (in thousands) 158,792 158,756 158,917 159,028 158,917 159,849 - -
Announcement Date 3/2/22 3/2/23 26/1/24 31/1/25 30/1/26 - - -
1NOK in Million2NOK
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.19x10.22x14.34x2.2% 26.54B
76.74x19.62x22.75x-.--% 25.84B
31.4x7.98x10.46x1.27% 16.44B
12.2x5.59x9.08x3.43% 7.98B
-51.1x7.65x9.26x4.87% 4.68B
Average 17.88x 10.21x 13.18x 2.35% 16.3B
Weighted average by Cap. 35.51x 12.15x 15.42x 1.59%

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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