Company Valuation: Clinuvel Pharmaceuticals Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 733.7 883.5 769.8 520.3 518.4 416.5 - -
Change - 20.4% -12.87% -32.41% -0.36% -19.65% - -
Enterprise Value (EV) 1 612.2 726.6 585.9 296.2 309.1 132.6 99.23 59.78
Change - 18.69% -19.37% -49.45% 4.37% -57.09% -25.19% -39.76%
P/E 36.8x 30.3x 22x 14.5x 15.4x 11.6x 11x 7.68x
PBR 5.84x 5.37x 3.79x 2.17x 1.91x 1.36x 1.23x 1.07x
PEG - 0.6x 1.2x 5.06x -2.21x 1.79x 1.97x 0.2x
Capitalization / Revenue 11.2x 11.3x 8.73x 5.48x 5.51x 4.39x 4.04x 3.03x
EV / Revenue 9.32x 9.28x 6.64x 3.12x 3.29x 1.4x 0.96x 0.44x
EV / EBITDA 16.4x 19.5x 12x 6.84x 8.09x 3.5x 2.37x 0.97x
EV / EBIT 16.7x 20x 12.3x 7.03x 8.31x 3.6x 2.44x 0.99x
EV / FCF 15.5x 20.2x 18.6x 7.26x 8.76x 3.62x 2.45x 1.03x
FCF Yield 6.44% 4.94% 5.37% 13.8% 11.4% 27.7% 40.8% 97.1%
Dividend per Share 2 0.04 0.05 0.05 0.05 0.05 0.0547 0.065 0.0913
Rate of return 0.27% 0.28% 0.33% 0.48% 0.49% 0.66% 0.79% 1.11%
EPS 2 0.403 0.591 0.698 0.718 0.668 0.7112 0.7508 1.076
Distribution rate 9.93% 8.46% 7.16% 6.96% 7.49% 7.69% 8.66% 8.49%
Net sales 1 65.72 78.32 88.18 95.02 94.02 94.86 103 137.3
EBITDA 1 37.44 37.2 48.95 43.3 38.2 37.94 41.81 61.94
EBIT 1 36.68 36.41 47.81 42.12 37.21 36.85 40.62 60.47
Net income 1 20.88 30.6 35.64 36.17 33.92 36.02 38.1 54.47
Net Debt 1 -121.5 -156.8 -183.9 -224.1 -209.3 -283.9 -317.3 -356.8
Reference price 2 14.850 17.880 15.370 10.380 10.280 8.260 8.260 8.260
Nbr of stocks (in thousands) 49,410 49,410 50,083 50,124 50,428 50,428 - -
Announcement Date 30/8/22 29/8/23 28/8/24 27/8/25 27/8/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
18.14x4.26x10.04x0.49% 79.49B
-23.24x35.29x-22.91x-.--% 77.78B
20.69x4.4x13.62x2.39% 60.16B
33.28x11.32x21.7x-.--% 46.14B
21.17x4.69x13.35x0.69% 45.93B
36.92x3.68x13.78x-.--% 33.45B
55.53x3.53x27.38x-.--% 25.22B
63.4x7.07x42.3x-.--% 22.15B
22.85x4.91x12.79x-.--% 15.25B
Average 27.64x 8.79x 14.67x 0.4% 45.06B
Weighted average by Cap. 19.17x 11.17x 9.21x 0.53%

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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