Valuation Orsted Liquidnet

Stocks

Real-time Estimate Cboe Europe 17:35:21 02/09/2026 +03			5-day change	1st Jan Change
135.00 ^DKK	0.00%		0.00%	-

12:34pm	Ørsted Rating, Price Target Up as RBC Notes 'Undervalued' Core Assets, Balance Sheet Optionality	MT
09-01	RBC Capital Markets Upgrades Ørsted to Outperform, Boosts PT	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	350,930	265,253	157,272	136,239	161,630	181,778	-	-
Change	-	-24.41%	-40.71%	-13.37%	18.64%	12.47%	-	-
Enterprise Value (EV) ¹	375,210	295,824	204,651	194,266	180,608	211,300	224,060	206,183
Change	-	-21.16%	-30.82%	-5.07%	-7.03%	16.99%	6.04%	-7.98%
P/E	34.4x	18.2x	-7.47x	-147x	64.4x	17.7x	15x	12.9x
PBR	4.28x	2.9x	2.07x	2.19x	0.91x	1.3x	1.22x	1.15x
PEG	-	0.4x	0x	1.5x	-0x	0x	0.8x	0.8x
Capitalization / Revenue	4.52x	2.01x	1.98x	1.92x	2.21x	2.2x	2.09x	1.93x
EV / Revenue	4.83x	2.24x	2.58x	2.73x	2.47x	2.56x	2.57x	2.19x
EV / EBITDA	15.4x	9.23x	10.9x	6.08x	8.05x	6.97x	6.88x	5.56x
EV / EBIT	23.2x	15x	-11.5x	31.5x	21x	11.6x	11.1x	9.08x
EV / FCF	-16.7x	-14x	13.1x	-8x	-5.82x	-6.63x	-14.1x	6.49x
FCF Yield	-5.98%	-7.13%	7.62%	-12.5%	-17.2%	-15.1%	-7.1%	15.4%
Dividend per Share ²	12.5	13.5	-	-	-	2.502	3.25	3.496
Rate of return	1.5%	2.14%	-	-	-	1.82%	2.36%	2.54%
EPS ²	24.3	34.6	-50.1	-2.2	1.9	7.757	9.196	10.67
Distribution rate	51.4%	39%	-	-	-	32.3%	35.3%	32.8%
Net sales ¹	77,673	132,277	79,255	71,034	73,244	82,598	87,015	94,236
EBITDA ¹	24,296	32,057	18,717	31,959	22,448	30,332	32,580	37,051
EBIT ¹	16,195	19,774	-17,853	6,171	8,620	18,188	20,164	22,696
Net income ¹	10,962	14,549	-21,059	-923	1,727	10,540	12,456	14,166
Net Debt ¹	24,280	30,571	47,379	58,027	18,978	29,523	42,282	24,406
Reference price ²	835.20	631.30	374.30	324.20	122.35	137.60	137.60	137.60
Nbr of stocks (in thousands)	420,175	420,170	420,175	420,230	1,321,047	1,321,059	-	-
Announcement Date	2/2/22 A	2/1/23 A	2/7/24 A	2/6/25 A	2/6/26 A	-	-	-

¹DKK in Million²DKK

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
GE VERNOVA INC.	29.23x	4.91x	35.9x	0.22%	239B
NEXTERA ENERGY	20.6x	9x	15.39x	2.97%	173B
IBERDROLA, S.A.	19.65x	4.05x	11.15x	3.65%	150B
ENEL S.P.A.	12.74x	1.86x	6.6x	5.57%	106B
SOUTHERN COMPANY	19.71x	5.8x	12.66x	3.43%	101B
CONSTELLATION ENERGY CORPORATION	22.06x	3.4x	13.78x	0.61%	99.32B
DUKE ENERGY CORPORATION	17.85x	5.54x	11.17x	3.62%	93.87B
AMERICAN ELECTRIC POWER COMPANY, INC.	19.11x	5.1x	12.32x	3.13%	66.94B
DOMINION ENERGY, INC.	18.52x	6.23x	13.09x	4.02%	58.38B
Average	19.94x	5.10x	14.67x	3.02%	120.89B
Weighted average by Cap.	21.21x	5.22x	17.38x	2.66%