Company Valuation: AMCIL Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026
Market Cap 1 364.5 333.1 313.4 346.9 339.1 283.1
Change - -8.6% -5.9% 10.68% -2.26% -16.52%
Enterprise Value (EV) 1 353.5 311.4 308.5 335 321 266.2
Change - -11.92% -0.93% 8.59% -4.16% -17.09%
P/E 52.4x 40.2x 41.4x 46.2x 50.9x 41.2x
PBR 1.09x 1.11x 0.98x 0.98x 0.94x 0.9x
PEG - 2.7x -4.45x -23.26x -4.5x 11.48x
Capitalization / Revenue 41.8x 31.9x 30.3x 34.3x 35.4x 28.9x
EV / Revenue 40.5x 29.8x 29.8x 33.1x 33.5x 27.2x
EV / EBITDA - - - - - -
EV / EBIT 51.5x 36.9x 38.1x 41.5x 44.2x 34.6x
EV / FCF 58x 25.6x -60.6x 63.8x 32.7x 326x
FCF Yield 1.72% 3.91% -1.65% 1.57% 3.06% 0.31%
Dividend per Share 2 0.025 0.035 0.035 0.035 0.035 0.035
Rate of return 2.05% 3.26% 3.48% 3.18% 3.26% 3.89%
EPS 2 0.0233 0.0268 0.0243 0.0238 0.0211 0.0219
Distribution rate 107% 131% 144% 147% 166% 160%
Net sales 1 8.721 10.44 10.34 10.13 9.582 9.8
EBITDA - - - - - -
EBIT 1 6.871 8.442 8.102 8.068 7.268 7.689
Net income 1 6.776 8.115 7.555 7.478 6.679 6.92
Net Debt 1 -10.93 -21.71 -4.954 -11.95 -18.04 -16.89
Reference price 2 1.2200 1.0750 1.0050 1.1000 1.0750 0.9000
Nbr of stocks (in thousands) 298,743 309,874 311,887 315,396 315,426 314,522
Announcement Date 8/25/21 8/23/22 8/23/23 8/27/24 8/27/25 8/31/26
1AUD in Million2AUD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 196M
19.32x5.52x11.8x2.16% 164B
13.71x3.37x - 2.57% 146B
15.75x7.18x - 1.59% 98.65B
18.64x6.58x11.94x4.6% 89.39B
24.21x7.78x11.44x0.87% 81.05B
21.05x11.27x18.06x4.49% 71.54B
13.09x5.13x - 1.99% 48.34B
10.77x1.59x4.92x1.36% 43.36B
Average 17.07x 6.05x 11.63x 2.45% 82.51B
Weighted average by Cap. 17.45x 5.99x 12.10x 2.48%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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