Company Valuation: Xref Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026
Market Cap 1 55.6 78.75 31.65 34.03 34.11 18.05
Change - 41.63% -59.81% 7.54% 0.23% -47.1%
Enterprise Value (EV) 1 52.16 72.04 30.15 37.8 36.66 22.02
Change - 38.11% -58.15% 25.37% -3.01% -39.94%
P/E 764x 118x -9.39x -5.92x -15.6x -41.8x
PBR -55.1x 53.5x -156x -5.82x -7.78x -3.97x
PEG - 0x 0x -0.1x 0.2x 0.5x
Capitalization / Revenue 4.43x 4.24x 1.55x 1.71x 1.6x 0.94x
EV / Revenue 4.15x 3.87x 1.48x 1.9x 1.72x 1.15x
EV / EBITDA -103x 57.2x -11.4x -7.76x -19.6x -22.8x
EV / EBIT -90.6x 61.5x -10.6x -6.81x -17x -17.9x
EV / FCF 176x 31.1x 164x -10.5x -11.4x -7.12x
FCF Yield 0.57% 3.22% 0.61% -9.49% -8.78% -14%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.000399 0.003599 -0.0181 -0.0304 -0.009954 -0.001963
Distribution rate - - - - - -
Net sales 1 12.56 18.59 20.4 19.86 21.31 19.14
EBITDA 1 -0.5067 1.259 -2.639 -4.872 -1.872 -0.9645
EBIT 1 -0.5758 1.172 -2.852 -5.55 -2.152 -1.232
Net income 1 0.0781 0.7296 -3.359 -5.681 -1.953 -0.4321
Net Debt 1 -3.446 -6.714 -1.503 3.76 2.545 3.972
Reference price 2 0.3050 0.4250 0.1700 0.1800 0.1550 0.0820
Nbr of stocks (in thousands) 182,309 185,296 186,176 189,083 220,090 220,090
Announcement Date 31/8/21 23/8/22 28/8/23 27/8/24 27/8/25 30/8/26
1AUD in Million2AUD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 5.88M
33.51x5.94x22.73x0.14% 165B
23.95x4.91x16.4x2.44% 116B
19.86x6.12x12.99x4.45% 38.89B
19.96x0.36x9.22x4% 7.92B
10.95x3.53x7.71x1.53% 7.44B
20.77x3.87x12.25x1.68% 4.98B
13x0.28x7.42x4.2% 4.82B
31.84x0.73x15.23x5.64% 4.22B
13.82x1.19x6.95x2.92% 4.15B
Average 20.85x 2.99x 12.32x 3% 35.37B
Weighted average by Cap. 27.38x 5.22x 18.33x 1.66%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Xref Limited

Historical PBR trend

Valuation ratios - PBR - Xref Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Xref Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Xref Limited

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