Company Valuation: HighCom Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026
Market Cap 1 29.48 39.74 43.76 12.32 31.83 14.87
Change - 34.82% 10.1% -71.84% 158.33% -53.27%
Enterprise Value (EV) 1 27.98 7.008 38.42 6.825 27.56 10.7
Change - -74.95% 448.16% -82.23% 303.77% -61.18%
P/E -7.16x 6.3x 7.16x -1.02x -26.8x -1.37x
PBR 1.38x 1.14x 1.04x 0.4x 1.07x 0.54x
PEG - -0x -1.73x 0x 0.3x -0x
Capitalization / Revenue 1.04x 0.68x 0.49x 0.27x 0.66x 0.5x
EV / Revenue 0.99x 0.12x 0.43x 0.15x 0.57x 0.36x
EV / EBITDA -7.66x 0.89x 3.69x -0.77x -34.4x -1.44x
EV / EBIT -6.78x 1.02x 4.31x -0.69x -18.9x -1.33x
EV / FCF -3.76x 0.31x -1.37x 1.96x 378x -5.16x
FCF Yield -26.6% 318% -73.3% 50.9% 0.26% -19.4%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.058 0.0627 0.0601 -0.1174 -0.0116 -0.0768
Distribution rate - - - - - -
Net sales 1 28.33 58.18 89.43 45.32 48.11 29.59
EBITDA 1 -3.653 7.883 10.42 -8.821 -0.8015 -7.452
EBIT 1 -4.129 6.889 8.924 -9.927 -1.46 -8.042
Net income 1 -3.975 5.739 6.094 -12.02 -1.189 -8.88
Net Debt 1 -1.498 -32.74 -5.34 -5.497 -4.274 -4.176
Reference price 2 0.4150 0.3950 0.4300 0.1200 0.3100 0.1050
Nbr of stocks (in thousands) 71,037 100,620 101,762 102,683 102,683 141,655
Announcement Date 30/09/21 30/09/22 29/09/23 16/09/24 29/09/25 24/08/26
1AUD in Million2AUD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 11.32M
35.47x6.56x27.49x0.58% 321B
30.62x2.87x17.02x1.55% 249B
25.47x1.69x12.58x1.81% 169B
34.84x5.07x21.3x0.98% 162B
33.06x3.63x16.44x1.25% 154B
-713.16x1.79x40.52x-.--% 153B
16.58x1.61x11.61x2.77% 117B
42x9.46x29.35x0.22% 92.23B
19.42x1.65x13.5x1.91% 89.17B
Average -52.86x 3.81x 21.09x 1.23% 150.6B
Weighted average by Cap. -44.83x 3.96x 21.67x 1.16%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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