Company Valuation: Aspen Group

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 227.9 314 356.4 894.2 1,186 1,089 - -
Change - 37.77% 13.51% 150.9% 32.64% -8.2% - -
Enterprise Value (EV) 1 227.9 314 551.8 1,015 1,340 1,247 1,250 1,273
Change - 37.77% 75.74% 83.99% 31.98% -6.93% 0.24% 1.85%
P/E - - 6.85x 14.3x 16.6x 13.6x 11.8x 10.7x
PBR - - - - - 1.6x 1.44x 1.3x
PEG - - - 2.39x 1.2x 1.3x 0.7x 1x
Capitalization / Revenue 15.4x 12.9x 11.6x 25.6x 28x 23.9x 22.2x 21.1x
EV / Revenue 15.4x 12.9x 17.9x 29x 31.6x 27.4x 25.5x 24.7x
EV / EBITDA 16.8x 12.8x 17.1x 24.5x 24.7x 18.6x 16.1x 15x
EV / EBIT 18.1x 13.4x 18x 25.5x 25.6x 19.2x 16.8x 15.4x
EV / FCF - - - - 25.8x 110x 74.2x 57.6x
FCF Yield - - - - 3.88% 0.91% 1.35% 1.74%
Dividend per Share 2 0.066 0.0775 0.085 0.1 0.11 0.1202 0.1307 0.1413
Rate of return 4.49% 4.43% 4.75% 2.53% 2.11% 2.54% 2.76% 2.99%
EPS 2 - - 0.2612 0.2768 0.3137 0.3471 0.402 0.4432
Distribution rate - - 32.5% 36.1% 35.1% 34.6% 32.5% 31.9%
Net sales 1 14.84 24.31 30.79 34.97 42.43 45.58 48.98 51.65
EBITDA 1 13.6 24.6 32.21 41.39 54.18 66.99 77.47 84.95
EBIT 1 12.61 23.4 30.72 39.84 52.44 64.88 74.21 82.42
Net income 1 75.38 54.4 48.44 57.05 72.57 68.44 77.88 92.06
Net Debt 1 - - 195.4 121 153.7 158.2 161.2 184.4
Reference price 2 1.470 1.750 1.790 3.950 5.210 4.730 4.730 4.730
Nbr of stocks (in thousands) 155,043 179,421 199,109 226,385 227,665 229,234 - -
Announcement Date 17/8/22 17/8/23 15/8/24 20/8/25 17/8/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.63x27.26x18.55x2.54% 763M
65.15x - - - 70.02B
12.47x4.37x11.22x3.86% 39.48B
18.62x4.04x16.26x1.32% 28.72B
5.68x0.75x1.56x8.71% 27.63B
7.97x1.46x8.19x4.44% 26.54B
14.44x3.15x15.07x2.42% 26.64B
10.23x2.01x7.74x4.1% 20.56B
8.24x2.9x6.79x-.--% 19.76B
7.44x0.82x3x3% 19.02B
Average 16.39x 5.20x 9.82x 3.38% 27.91B
Weighted average by Cap. 24.60x 2.71x 9.26x 3.62%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Aspen Group

Historical PBR trend

Valuation ratios - PBR - Aspen Group

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Aspen Group

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Aspen Group


Year-on-year evolution of the Yield

Valuation ratios - Yield - Aspen Group
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