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) 1 612.2 726.6 585.9 296.2 518.4 132.6 99.23 59.78
Change - 18.69% -19.37% -49.45% 75.03% -74.41% -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 - 1.36x 1.23x 1.05x
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 5.51x 1.4x 0.96x 0.44x
EV / EBITDA 16.4x 19.5x 12x 6.84x 13.6x 3.5x 2.37x 0.97x
EV / EBIT 16.7x 20x 12.3x 7.03x 13.9x 3.6x 2.44x 0.99x
EV / FCF 15.5x 20.2x 18.6x 7.26x - 3.62x 2.45x 1.03x
FCF Yield 6.44% 4.94% 5.37% 13.8% - 27.7% 40.8% 97.1%
Dividend per Share 2 0.04 0.05 0.05 0.05 - 0.0547 0.065 0.0913
Rate of return 0.27% 0.28% 0.33% 0.48% - 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% - 7.69% 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 - -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 30/08/22 29/08/23 28/08/24 27/08/25 27/08/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.73x4.62x10.89x0.46% 85.08B
-17.67x26.98x-17.48x-.--% 60.21B
20.41x4.36x13.47x2.41% 59.71B
36.57x12.46x23.89x-.--% 51.1B
22.01x4.87x13.87x0.66% 48.73B
39.56x3.62x13.81x-.--% 32.9B
57.49x3.68x28.54x-.--% 26.11B
67.86x7.21x43.87x-.--% 22.6B
23.85x5.12x13.34x-.--% 16.42B
Average 29.98x 8.10x 16.02x 0.39% 44.76B
Weighted average by Cap. 23.59x 8.97x 12.37x 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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