Company Valuation: Audinate Group Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 620.1 581.9 719.5 1,316 623.6 183.8 - -
Change - -6.17% 23.66% 82.84% -52.6% -70.52% - -
Enterprise Value (EV) 1 556.8 539.4 682.1 1,202 516.4 121.8 138 134.5
Change - -3.13% 26.46% 76.22% -57.04% -76.42% 13.35% -2.56%
P/E -178x -130x 68.4x 127x -97.7x -9.46x -13.6x -15.3x
PBR 7.86x 7.73x 8.07x 7.61x 3.77x 1.26x 1.43x 1.56x
PEG - -4.8x -0x -15.69x 1x -0x 0.4x 1.4x
Capitalization / Revenue 18.6x 12.6x 10.3x 14.4x 10x 2.71x 2.38x 2.06x
EV / Revenue 16.7x 11.7x 9.79x 13.1x 8.32x 1.79x 1.79x 1.5x
EV / EBITDA 183x 126x 61.9x 58.9x 793x -21.7x -124x 28.3x
EV / EBIT -160x -124x 1,561x 146x -33.6x -4.96x -7.73x -10.2x
EV / FCF -433x -48.7x -232x 115x -88.1x -7.54x -14.7x 448x
FCF Yield -0.23% -2.05% -0.43% 0.87% -1.14% -13.3% -6.79% 0.22%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.0456 -0.058 0.1359 0.1249 -0.0766 -0.2304 -0.16 -0.1425
Distribution rate - - - - - - - -
Net sales 1 33.37 46.29 69.7 91.48 62.07 67.96 77.16 89.41
EBITDA 1 3.049 4.296 11.01 20.42 0.651 -5.617 -1.115 4.759
EBIT 1 -3.485 -4.362 0.437 8.252 -15.38 -24.54 -17.85 -13.23
Net income 1 -3.441 -4.457 10.64 10.24 -6.378 -19.24 -12.64 -11.98
Net Debt 1 -63.34 -42.5 -37.43 -113.6 -107.2 -62.07 -45.82 -49.36
Reference price 2 8.130 7.540 9.290 15.830 7.480 2.180 2.180 2.180
Nbr of stocks (in thousands) 76,275 77,171 77,452 83,109 83,363 84,329 - -
Announcement Date 22/8/21 21/8/22 20/8/23 18/8/24 17/8/25 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-9.81x1.89x-22.88x-.--% 132M
33.59x6.04x18.72x0.65% 192B
49.58x7.86x25.73x0.76% 102B
31.81x12.64x26.6x0.37% 105B
13.57x0.29x6.64x3.76% 103B
70.81x6.88x33.46x0.24% 63.64B
20.66x1.19x13.28x0.54% 66.87B
75.81x8.98x38.14x0.01% 60.14B
18.31x3.15x11.92x1.5% 57.85B
43.86x9.68x29.59x0.89% 52.15B
Average 34.82x 5.86x 18.12x 0.87% 80.28B
Weighted average by Cap. 37.41x 6.31x 21.47x 1.01%

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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  4. Valuation Audinate Group Limited