Company Valuation: Smartoptics Group ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 114.7 189.6 171.4 155.2 288.2 508.2 - -
Change - 65.25% -9.6% -9.46% 85.72% 76.36% - -
Enterprise Value (EV) 1 107.3 186.4 164.1 148.2 280.9 507.2 500.2 490.6
Change - 73.67% -11.94% -9.71% 89.49% 80.6% -1.37% -1.93%
P/E 29.8x 25.6x 23.7x 38.6x 61.2x 48.7x 30.9x 23x
PBR 4.73x 6.73x 5.78x 5.43x - 14.5x 10.6x 7.81x
PEG - 0.3x -9.12x -0.9x 3.6x 0x 0.5x 0.7x
Capitalization / Revenue 2.5x 3.26x 2.93x 2.8x 3.83x 4.38x 3.49x 2.81x
EV / Revenue 2.34x 3.2x 2.81x 2.67x 3.73x 4.37x 3.43x 2.71x
EV / EBITDA 19.8x 15.8x 15.6x 26.6x 28.7x 27.5x 20.1x 14.9x
EV / EBIT 22.5x 18.2x 19x 45.1x 41.4x 33.9x 23.6x 17.4x
EV / FCF -47.4x -77.8x 16.6x 28.8x - 127x 41.7x 28.3x
FCF Yield -2.11% -1.29% 6.04% 3.47% - 0.79% 2.4% 3.53%
Dividend per Share 2 - - - 0.0537 0.0627 0.0414 0.03 0.03
Rate of return - - - 3.39% 2.13% 0.8% 0.58% 0.58%
EPS 2 0.04 0.077 0.075 0.041 0.048 0.1065 0.168 0.2252
Distribution rate - - - 131% 131% 38.9% 17.9% 13.3%
Net sales 1 45.87 58.17 58.5 55.51 75.27 116.1 145.8 180.8
EBITDA 1 5.43 11.78 10.52 5.582 9.8 18.43 24.85 32.92
EBIT 1 4.767 10.24 8.659 3.289 6.785 14.98 21.16 28.15
Net income 1 3.824 7.446 7.282 4.042 4.684 10.4 16.29 22.06
Net Debt 1 -7.407 -3.202 -7.245 -6.965 -7.337 -1.03 -8 -17.67
Reference price 2 1.192 1.969 1.780 1.583 2.939 5.184 5.184 5.184
Nbr of stocks (in thousands) 96,287 96,287 96,287 98,046 98,046 98,046 - -
Announcement Date 11/2/22 16/2/23 15/2/24 13/2/25 19/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
48.66x4.37x27.52x0.8% 508M
27.35x6.12x15.86x1.52% 442B
54.37x19.43x38.99x-.--% 262B
19.23x0.78x14.05x2.36% 172B
26.15x8.29x20.02x0.47% 142B
50.78x15.11x33.34x-.--% 97.36B
32.37x6.32x18.32x1.08% 74.04B
43.86x2.38x15.39x1.61% 59.28B
67.47x8.72x38.58x-.--% 55.5B
28.07x6.34x21.17x1.47% 54.22B
Average 39.83x 7.79x 24.32x 0.93% 135.9B
Weighted average by Cap. 35.74x 8.84x 23.03x 1.03%

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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