Company Valuation: AMCIL Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2020 2021 2022 2023 2024 2025
Market Cap 1 260.4 364.5 333.1 313.4 346.9 339.1
Change - 39.95% -8.6% -5.9% 10.68% -2.26%
Enterprise Value (EV) 1 251.2 353.5 311.4 308.5 335 321
Change - 40.72% -11.92% -0.93% 8.59% -4.16%
P/E 43.6x 52.4x 40.2x 41.4x 46.2x 50.9x
PBR 1.02x 1.09x 1.11x 0.98x 0.98x 0.94x
PEG - 6.12x 2.7x -4.45x -23.26x -4.5x
Capitalization / Revenue 30.7x 41.8x 31.9x 30.3x 34.3x 35.4x
EV / Revenue 29.6x 40.5x 29.8x 29.8x 33.1x 33.5x
EV / EBITDA - - - - - -
EV / EBIT 37.6x 51.5x 36.9x 38.1x 41.5x 44.2x
EV / FCF 46.3x 58x 25.6x -60.6x 63.8x 32.7x
FCF Yield 2.16% 1.72% 3.91% -1.65% 1.57% 3.06%
Dividend per Share 2 0.025 0.025 0.035 0.035 0.035 0.035
Rate of return 2.67% 2.05% 3.26% 3.48% 3.18% 3.26%
EPS 2 0.0215 0.0233 0.0268 0.0243 0.0238 0.0211
Distribution rate 117% 107% 131% 144% 147% 166%
Net sales 1 8.482 8.721 10.44 10.34 10.13 9.582
EBITDA - - - - - -
EBIT 1 6.685 6.871 8.442 8.102 8.068 7.268
Net income 1 5.963 6.776 8.115 7.555 7.478 6.679
Net Debt 1 -9.19 -10.93 -21.71 -4.954 -11.95 -18.04
Reference price 2 0.9350 1.2200 1.0750 1.0050 1.1000 1.0750
Nbr of stocks (in thousands) 278,524 298,743 309,874 311,887 315,396 315,426
Announcement Date 8/26/20 8/25/21 8/23/22 8/23/23 8/27/24 8/27/25
1AUD in Million2AUD
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 207M
19.55x5.48x11.74x2.17% 164B
15.33x3.57x - 2.34% 161B
17.27x7.6x - 1.45% 108B
25.14x11.72x20.15x4.28% 74.07B
13.91x5.32x - 1.89% 50.93B
11.82x1.76x5.4x1.26% 46.75B
5.48x5.36x4.66x3.42% 36.91B
14.34x5.28x16.45x1.86% 33.03B
Average 15.35x 5.76x 11.68x 2.33% 74.9B
Weighted average by Cap. 16.80x 5.76x 12.37x 2.3%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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