Company Valuation: Supply Network Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 385.9 633.7 952.1 1,625 1,397 1,525 - -
Change - 64.23% 50.25% 70.66% -14.02% 9.15% - -
Enterprise Value (EV) 1 388.3 633.7 997.7 1,653 1,397 1,548 1,548 1,543
Change - 63.19% 57.44% 65.7% -15.49% 10.83% -0.03% -0.32%
P/E 19.3x 23x 28.6x 40.3x 29.3x 27.5x 24.2x 21x
PBR 6.5x 8.15x 9.15x 11.7x - 9.01x 8.34x 7.36x
PEG - 0.6x 1.6x 2.2x 1.7x 1.7x 1.8x 1.4x
Capitalization / Revenue 1.94x 2.51x 3.15x 4.66x 3.47x 3.35x 2.98x 2.68x
EV / Revenue 1.96x 2.51x 3.3x 4.74x 3.47x 3.4x 3.03x 2.72x
EV / EBITDA 10.6x 13.1x 17x 24x 17.2x 16.6x 14.6x 13x
EV / EBIT 13x 15.5x 20.2x 28.3x 20.1x 19.2x 16.8x 14.5x
EV / FCF - - 82.1x 58.1x - 42.2x 32.9x 26.1x
FCF Yield - - 1.22% 1.72% - 2.37% 3.04% 3.84%
Dividend per Share 2 0.32 0.48 0.56 0.7 - 0.9282 1.061 1.192
Rate of return 3.39% 3.15% 2.5% 1.87% - 2.66% 3.04% 3.42%
EPS 2 0.4902 0.6638 0.7829 0.9269 1.088 1.268 1.441 1.661
Distribution rate 65.3% 72.3% 71.5% 75.5% - 73.2% 73.6% 71.8%
Net sales 1 198.4 252.4 302.6 348.8 403.1 455.3 511 568.2
EBITDA 1 36.58 48.38 58.57 68.75 81.09 93.29 105.7 118.3
EBIT 1 29.92 40.88 49.34 58.43 69.4 80.68 92.07 106.2
Net income 1 20.02 27.41 33.02 40.02 47.63 55.62 63.18 72.57
Net Debt 1 2.45 - 45.56 28.29 - 23.57 23.07 18.07
Reference price 2 9.45 15.25 22.40 37.39 31.93 34.85 34.85 34.85
Nbr of stocks (in thousands) 40,834 41,555 42,506 43,458 43,754 43,754 - -
Announcement Date 26/08/22 28/08/23 26/08/24 25/08/25 24/08/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.48x3.4x16.6x2.66% 1.1B
21.11x0.89x10.71x3.14% 18.64B
12.37x0.7x6.86x - 6.12B
10.8x0.37x5.13x4.36% 3.86B
13.22x0.68x9.41x0.15% 3.57B
12.65x0.88x9.49x0.58% 1.07B
11.04x - - - 951M
12.32x - - 2.95% 768M
22.09x0.38x4.7x0.34% 371M
Average 15.90x 1.04x 8.99x 2.03% 4.05B
Weighted average by Cap. 17.28x 0.85x 9.36x 2.78%

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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