Company Valuation: C3.ai, Inc.

Data adjusted to current consolidation scope
Fiscal Period: April 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,807 2,000 2,750 2,922 1,283 1,669 - -
Change - 10.64% 37.52% 6.25% -56.09% 30.09% - -
Enterprise Value (EV) 1 847.1 1,269 1,999 2,179 707.5 1,091 1,098 1,079
Change - 49.76% 57.61% 8.98% -67.53% 54.2% 0.64% -1.68%
P/E -9.23x -7.27x -9.63x -9.83x -2.64x -4.73x -5.68x -5.43x
PBR 1.82x 2.18x 3.19x 3.52x 2x 2.5x 2.46x 2.39x
PEG - -0.2x 2.14x 2.3x -0.1x 0.1x 0.3x -1.17x
Capitalization / Revenue 7.15x 7.49x 8.85x 7.51x 5.13x 7.51x 6.81x 6.19x
EV / Revenue 3.35x 4.75x 6.44x 5.6x 2.83x 4.91x 4.48x 4x
EV / EBITDA -11.2x -20.5x -24.3x -28.9x -3.46x -8.45x -12.1x -11.2x
EV / EBIT -10.5x -18.6x -21.1x -24.7x -3.25x -7.7x -10.6x -11.5x
EV / FCF -9.39x -6.78x -22.5x -49x -3.68x -10.5x -15.6x -27.9x
FCF Yield -10.7% -14.8% -4.45% -2.04% -27.2% -9.56% -6.43% -3.58%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -1.84 -2.45 -2.34 -2.24 -3.35 -2.193 -1.826 -1.911
Distribution rate - - - - - - - -
Net sales 1 252.8 266.8 310.6 389.1 250.3 222.2 245.2 269.6
EBITDA 1 -75.52 -61.99 -82.14 -75.49 -204.3 -129.2 -90.36 -96.56
EBIT 1 -80.71 -68.07 -94.86 -88.1 -217.8 -141.6 -103.4 -94.23
Net income 1 -192.1 -268.8 -279.7 -288.7 -470.4 -350.1 -323.9 -317.6
Net Debt 1 -960.2 -731 -750.4 -742.7 -575.4 -578 -571 -589.5
Reference price 2 16.99 17.82 22.53 22.01 8.83 10.38 10.38 10.38
Nbr of stocks (in thousands) 106,372 112,210 122,049 132,739 145,291 160,780 - -
Announcement Date 6/1/22 A 5/31/23 A 5/29/24 A 5/28/25 A 6/3/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.99x9.22x15.06x0.79% 3,651B
111.07x48.29x78.37x-.--% 407B
59.22x12.51x26.39x-.--% 78.38B
399.34x17.09x67.55x-.--% 80.89B
99x8.45x21.41x-.--% 75.36B
36.67x1.8x14.38x-.--% 66.58B
179.63x5.71x22.07x-.--% 44.99B
114.6x4.53x22.14x-.--% 39.48B
26.44x5.45x26.14x-.--% 34.89B
Average 116.77x 12.56x 32.61x 0.09% 497.64B
Weighted average by Cap. 43.95x 12.74x 22.28x 0.65%

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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