Company Valuation: ActivEX Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2020 2021 2022 2023 2024 2025
Market Cap 1 23.04 30.11 6.486 3.664 1.293 1.509
Change - 30.7% -78.46% -43.52% -64.71% 16.67%
Enterprise Value (EV) 1 25.6 33.64 6.242 5.061 3.784 3.975
Change - 31.42% -81.44% -18.92% -25.24% 5.04%
P/E -15.1x -45.1x -3.07x -3.73x -0.48x -1.45x
PBR 3.52x 5.13x 0.94x 0.62x 0.4x 0.69x
PEG - 0.8x -0x 0.1x -0x 0x
Capitalization / Revenue 426,661x 813,853x - - - -
EV / Revenue 474,049x 909,223x - - - -
EV / EBITDA -69.6x -91.6x -10.9x -8.64x -6.78x -43.9x
EV / EBIT -19.3x -91.3x -10.8x -8.56x -1.71x -7.14x
EV / FCF -54.8x -34.8x -3x -3.95x -12.8x -5.73x
FCF Yield -1.82% -2.87% -33.3% -25.3% -7.84% -17.5%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.008599 -0.003773 -0.00978 -0.00456 -0.0125 -0.004812
Distribution rate - - - - - -
Net sales 1 0.000054 0.000037 - - - -
EBITDA 1 -0.3679 -0.3673 -0.5752 -0.5861 -0.558 -0.0905
EBIT 1 -1.33 -0.3683 -0.5786 -0.5912 -2.208 -0.5565
Net income 1 -1.524 -0.6685 -1.933 -0.9841 -2.701 -1.037
Net Debt 1 2.559 3.529 -0.2438 1.397 2.491 2.466
Reference price 2 0.1300 0.1700 0.0300 0.0170 0.0060 0.0070
Nbr of stocks (in thousands) 177,228 177,133 216,203 215,503 215,503 215,503
Announcement Date 9/28/20 9/23/21 9/28/22 9/28/23 9/24/24 10/1/25
1AUD in Million2AUD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 5.49M
16.6x3.93x7.1x3.56% 217B
11.07x2.76x5.99x5.31% 161B
14.99x4.31x7.11x3.17% 99.19B
11.87x0.38x6.06x3.46% 87.2B
26.01x6.32x16.77x-.--% 64.2B
55.94x3.17x7.77x2.29% 57.34B
15.68x3.19x6.29x0.58% 32.42B
12.99x4.15x6.39x4.79% 28.2B
13.17x4.76x8.35x3.77% 25.93B
Average 19.81x 3.66x 7.98x 2.99% 77.2B
Weighted average by Cap. 18.13x 3.48x 7.59x 3.4%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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  4. Valuation ActivEX Limited