Company Valuation: ASX Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 15,817 12,195 11,631 13,524 10,408 12,682 - -
Change - -22.9% -4.62% 16.27% -23.04% 21.85% - -
Enterprise Value (EV) 1 1,886 11,014 10,204 12,094 8,998 11,632 11,586 11,482
Change - 484.02% -7.36% 18.53% -25.6% 29.28% -0.4% -0.89%
P/E 31.1x 38.4x 24.5x 26.9x 21.4x 24x 24.9x 23.6x
PBR 4.16x 3.35x 3.12x 3.5x 2.61x 3.06x 2.98x 2.88x
PEG - -1x 0.5x 4.61x -5.61x 2.71x -6.47x 4.4x
Capitalization / Revenue 15.5x 12.1x 11.2x 12.2x 8.3x 9.39x 8.98x 8.55x
EV / Revenue 1.84x 10.9x 9.87x 10.9x 7.17x 8.61x 8.21x 7.74x
EV / EBITDA 2.55x 16.4x 15.9x 17.4x 11.8x 15x 14.5x 13.6x
EV / EBIT 2.74x 17.3x 16.9x 18.7x 12.9x 17.1x 17.1x 16.2x
EV / FCF 19.3x -3.14x 29.8x 95.3x 109x 28x 28.2x 25.3x
FCF Yield 5.18% -31.8% 3.36% 1.05% 0.92% 3.57% 3.54% 3.95%
Dividend per Share 2 2.36 2.283 2.08 2.233 2.065 2.022 2.076 2.207
Rate of return 2.89% 3.62% 3.47% 3.2% 3.87% 3.11% 3.2% 3.4%
EPS 2 2.627 1.639 2.448 2.591 2.492 2.712 2.608 2.748
Distribution rate 89.8% 139% 85% 86.2% 82.9% 74.5% 79.6% 80.3%
Net sales 1 1,023 1,010 1,034 1,107 1,255 1,351 1,412 1,484
EBITDA 1 739.5 672.5 641.8 695.3 765 776.2 800.2 841.9
EBIT 1 689.2 635.6 604.8 646.9 697.2 679.1 676.1 709.7
Net income 1 508.5 317.3 474.2 502.6 484.9 532 512.2 543.7
Net Debt 1 -13,931 -1,181 -1,428 -1,430 -1,410 -1,050 -1,096 -1,200
Reference price 2 81.71 63.00 60.00 69.76 53.32 64.97 64.97 64.97
Nbr of stocks (in thousands) 193,578 193,577 193,858 193,863 195,195 195,198 - -
Announcement Date 17/08/22 16/08/23 15/08/24 13/08/25 12/08/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.18x8.7x15.14x3.08% 8.99B
25.69x15.5x21.67x3.74% 110B
22.48x9.73x14.46x1.32% 89.85B
24.6x9.21x15.37x1.5% 63.37B
23.48x13.76x17.35x3.8% 60B
32.39x5.37x10.77x1.8% 59.88B
29.13x11.15x18.72x1.15% 58.12B
35.35x10.14x18.64x0.47% 26.04B
23.67x9.25x14.61x2.13% 20.12B
Average 26.78x 10.31x 16.30x 2.11% 55.18B
Weighted average by Cap. 26.31x 11.06x 16.82x 2.24%

Y-o-Y evolution of P/E

Valuation ratios - P/E - ASX Limited

Historical PBR trend

Valuation ratios - PBR - ASX Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - ASX Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - ASX Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - ASX Limited
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