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 12,803 - -
Change - -22.9% -4.62% 16.27% -23.04% 23.01% - -
Enterprise Value (EV) 1 1,886 11,014 10,204 12,094 8,998 11,753 11,707 11,603
Change - 484.02% -7.36% 18.53% -25.6% 30.63% -0.39% -0.89%
P/E 31.1x 38.4x 24.5x 26.9x 21.4x 24.4x 25.3x 24x
PBR 4.16x 3.35x 3.12x 3.5x 2.61x 3.11x 3.03x 2.93x
PEG - -1x 0.5x 4.61x -5.61x 2.76x -6.57x 4.47x
Capitalization / Revenue 15.5x 12.1x 11.2x 12.2x 8.3x 9.48x 9.07x 8.63x
EV / Revenue 1.84x 10.9x 9.87x 10.9x 7.17x 8.7x 8.29x 7.82x
EV / EBITDA 2.55x 16.4x 15.9x 17.4x 11.8x 15.1x 14.6x 13.8x
EV / EBIT 2.74x 17.3x 16.9x 18.7x 12.9x 17.3x 17.3x 16.3x
EV / FCF 19.3x -3.14x 29.8x 95.3x 109x 28.3x 28.5x 25.6x
FCF Yield 5.18% -31.8% 3.36% 1.05% 0.92% 3.53% 3.5% 3.91%
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% 3.06% 3.14% 3.34%
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 66.06 66.06 66.06
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.($)
25.49x15.38x21.51x3.77% 109B
22.86x9.86x14.66x1.3% 91.36B
24.53x9.21x15.38x1.5% 63.41B
32.98x5.47x10.93x1.77% 61.09B
23.38x13.69x17.27x3.82% 59.77B
28.53x10.95x18.38x1.17% 56.92B
35.1x10.06x18.49x0.48% 25.86B
18.71x10.29x14.85x4.42% 23.47B
Average 26.45x 10.62x 16.44x 2.28% 61.41B
Weighted average by Cap. 26.09x 11.08x 16.78x 2.33%

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