Company Valuation: Safeguard Scientifics, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2018 2019 2020 2021 2022 2023
Market Cap 1 178 226.7 133.3 121.3 50.6 13
Change - 27.37% -41.2% -8.99% -58.29% -74.3%
Enterprise Value (EV) 1 202.5 204.4 120.1 94.08 32.13 4.755
Change - 0.96% -41.26% -21.65% -65.85% -85.2%
P/E -11.3x 4.16x -3.52x 5.4x -3.55x -1.29x
PBR 2.66x 2.23x 2.12x 2.4x 1.44x 0.65x
PEG - -0x 0x -0x 0x 0x
Capitalization / Revenue - - - - - -
EV / Revenue - - - - - -
EV / EBITDA -16.5x -22.3x -16.3x - - -
EV / EBIT -16.2x -20.5x -14.7x -14.6x -6.73x -0.84x
EV / FCF -19.8x -15.4x -64.7x -21.7x -21.1x -4.4x
FCF Yield -5.06% -6.48% -1.54% -4.61% -4.75% -22.7%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.7608 2.64 -1.813 1.36 -0.873 -0.61
Distribution rate - - - - - -
Net sales - - - - - -
EBITDA 1 -12.28 -9.174 -7.358 - - -
EBIT 1 -12.47 -9.982 -8.166 -6.453 -4.775 -5.683
Net income 1 -15.63 54.56 -37.62 27 -14.26 -9.828
Net Debt 1 24.52 -22.25 -13.22 -27.24 -18.47 -8.249
Reference price 2 8.6200 10.9800 6.3800 7.3500 3.1000 0.7845
Nbr of stocks (in thousands) 20,647 20,645 20,893 16,506 16,322 16,576
Announcement Date 3/1/19 A 2/28/20 A 3/5/21 A 3/11/22 A 3/10/23 A 3/26/24 A
1USD in Million2USD
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 7.86M
21.36x5.91x12.54x2.04% 173B
13.56x3.34x - 2.61% 145B
15.29x7.04x - 1.63% 96.41B
18.36x6.4x11.7x4.68% 87.35B
23.5x - - 0.89% 78.66B
21.61x11.49x18.55x4.37% 73.4B
12.42x4.79x - 2.09% 45.73B
11.07x1.64x5.08x1.33% 44.39B
Average 17.15x 5.80x 11.97x 2.46% 82.75B
Weighted average by Cap. 17.79x 5.83x 12.64x 2.48%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Safeguard Scientifics, Inc.

Historical PBR trend

Valuation ratios - PBR - Safeguard Scientifics, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Safeguard Scientifics, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Safeguard Scientifics, Inc.

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