Company Valuation: Cogstate Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 264.4 285.8 191.3 294.8 463.8 526.6 - -
Change - 8.08% -33.06% 54.11% 57.33% 13.55% - -
Enterprise Value (EV) 1 222.1 241.5 147.6 239.4 463.8 464.8 451 434.7
Change - 8.73% -38.86% 62.15% 93.73% 0.21% -2.95% -3.62%
P/E 24.8x 51.2x 23.9x 19.2x 27.9x 24.7x 20.2x 16.7x
PBR - - - - - - - -
PEG - -1.1x 0.5x 0.2x 3.57x 0.9x 0.9x 0.8x
Capitalization / Revenue 4.06x 4.51x 2.97x 3.61x 5.42x 4.92x 4.32x 3.78x
EV / Revenue 3.41x 3.82x 2.29x 2.93x 5.42x 4.34x 3.7x 3.12x
EV / EBITDA 11.8x 29.2x 10.8x 9.75x 18x 14x 11.3x 9.06x
EV / EBIT 14.3x 57.2x 15.3x 12x 21.6x 17.3x 13.6x 10.5x
EV / FCF 16.5x 295x 18.7x 13.8x - 19.2x 18.1x 14x
FCF Yield 6.07% 0.34% 5.35% 7.27% - 5.22% 5.53% 7.14%
Dividend per Share 2 - - - - - 0.0528 0.0637 0.0795
Rate of return - - - - - 1.7% 2.06% 2.57%
EPS 2 0.0616 0.0322 0.047 0.0908 0.0979 0.1257 0.1533 0.1852
Distribution rate - - - - - 42% 41.6% 42.9%
Net sales 1 65.19 63.29 64.33 81.71 85.59 107.1 122 139.5
EBITDA 1 18.85 8.28 13.72 24.56 25.79 33.25 40.05 47.97
EBIT 1 15.49 4.22 9.66 20.03 21.44 26.8 33.21 41.36
Net income 1 10.9 5.582 8.073 15.8 16.73 21.71 26.49 31.93
Net Debt 1 -42.3 -44.28 -43.63 -55.38 - -61.87 -75.6 -91.93
Reference price 2 1.525 1.650 1.120 1.745 2.730 3.100 3.100 3.100
Nbr of stocks (in thousands) 173,368 173,186 170,779 168,927 169,884 169,884 - -
Announcement Date 29/08/22 21/08/23 21/08/24 21/08/25 17/08/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.67x4.34x13.98x1.7% 377M
34.78x6.2x18.42x0.92% 51.61B
-21.47x297.59x-22.09x-.--% 44.89B
33.46x3.25x14.02x-.--% 42.77B
49.05x5.7x31.17x-.--% 42.58B
29.21x8.45x21.35x0.39% 31.82B
35.3x5.79x26.33x-.--% 17.33B
24.28x2.11x9.13x1.11% 14.76B
78.97x4.14x16.07x-.--% 14.09B
Average 32.03x 37.51x 14.26x 0.46% 28.91B
Weighted average by Cap. 28.33x 55.81x 13.02x 0.3%

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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