Company Valuation: Nick Scali Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 669.1 737.9 1,177 1,558 1,396 1,232 - -
Change - 10.29% 59.51% 32.33% -10.38% -11.76% - -
Enterprise Value (EV) 1 686.1 740.3 1,137 1,528 1,361 1,203 1,190 1,178
Change - 7.91% 53.63% 34.36% -10.94% -11.59% -1.07% -1.08%
P/E 8.93x 7.3x 14x 27x 18.4x 17x 15.2x 13.2x
PBR 4.75x 4.1x 4.57x 5.84x 4.99x 4.23x 4.06x 3.89x
PEG - 0.2x -0.7x -0.9x 0.6x -4.05x 1.3x 0.9x
Capitalization / Revenue 1.52x 1.45x 2.51x 3.14x 2.7x 2.33x 2.16x 1.99x
EV / Revenue 1.56x 1.46x 2.43x 3.09x 2.63x 2.27x 2.09x 1.9x
EV / EBITDA 4.13x 3.76x 6.5x 9.61x 7.53x 6.72x 6.12x 5.51x
EV / EBIT 5.51x 4.8x 8.78x 14.5x 10.9x 10x 9.01x 7.97x
EV / FCF 6.6x 5.92x 11.1x 15.1x 10.4x 9.9x 8.4x 7.63x
FCF Yield 15.1% 16.9% 9.03% 6.6% 9.66% 10.1% 11.9% 13.1%
Dividend per Share 2 0.6 0.75 0.68 0.63 0.72 0.7214 0.7922 0.9045
Rate of return 7.26% 8.23% 4.92% 3.46% 4.41% 5.01% 5.5% 6.28%
EPS 2 0.925 1.248 0.987 0.675 0.885 0.8479 0.9498 1.095
Distribution rate 64.9% 60.1% 68.9% 93.3% 81.4% 85.1% 83.4% 82.6%
Net sales 1 441 507.7 468.2 495.3 516.7 529.2 569.7 618.4
EBITDA 1 166.1 197.1 175 159.1 180.7 179.1 194.6 213.5
EBIT 1 124.6 154.3 129.5 105.7 124.7 119.9 132.2 147.7
Net income 1 74.92 101.1 80.61 57.7 75.7 73.09 81.38 92.46
Net Debt 1 17.04 2.436 -39.64 -29.31 -34.91 -28.36 -41.2 -54.09
Reference price 2 8.26 9.11 13.81 18.21 16.32 14.40 14.40 14.40
Nbr of stocks (in thousands) 81,000 81,000 85,231 85,531 85,531 85,531 - -
Announcement Date 21/08/22 10/08/23 08/08/24 07/08/25 06/08/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.82x2.25x6.65x5.06% 867M
23.62x3.17x15.11x1.28% 27.41B
19.19x1.74x8.5x1.06% 10.88B
18.97x1.25x7.99x-.--% 2.47B
10.26x1.05x6.31x5.71% 2.12B
19.08x - - 1.81% 1.36B
17.32x1.04x9.29x-.--% 1.32B
11.4x0.69x5.51x3.89% 1.21B
17.69x1.13x6.88x4.31% 602M
15.45x - - - 441M
Average 16.98x 1.54x 8.28x 2.57% 4.87B
Weighted average by Cap. 20.94x 2.47x 12.13x 1.51%

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 Nick Scali Limited
-40%: Exceptional extension
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