Company Valuation: ASX Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 15,817 12,195 11,631 13,524 10,408 10,828 - -
Change - -22.9% -4.62% 16.27% -23.04% 4.03% - -
Enterprise Value (EV) 1 1,886 11,014 10,204 12,094 10,408 9,759 9,707 9,585
Change - 484.02% -7.36% 18.53% -13.94% -6.23% -0.53% -1.26%
P/E 31.1x 38.4x 24.5x 26.9x 21.4x 21.6x 21.8x 20.5x
PBR 4.16x 3.35x 3.12x 3.5x - 2.62x 2.55x 2.46x
PEG - -1x 0.5x 4.61x -5.61x 7.14x -27.82x 3.29x
Capitalization / Revenue 15.5x 12.1x 11.2x 12.2x 8.3x 8.15x 7.75x 7.38x
EV / Revenue 1.84x 10.9x 9.87x 10.9x 8.3x 7.35x 6.95x 6.53x
EV / EBITDA 2.55x 16.4x 15.9x 17.4x 13.6x 13x 12.4x 11.6x
EV / EBIT 2.74x 17.3x 16.9x 18.7x 14.9x 14.9x 14.7x 13.8x
EV / FCF 19.3x -3.14x 29.8x 95.3x - 24.6x 24.6x 21.6x
FCF Yield 5.18% -31.8% 3.36% 1.05% - 4.07% 4.07% 4.63%
Dividend per Share 2 2.36 2.283 2.08 2.233 - 1.974 2.034 2.15
Rate of return 2.89% 3.62% 3.47% 3.2% - 3.56% 3.67% 3.88%
EPS 2 2.627 1.639 2.448 2.591 2.492 2.567 2.547 2.706
Distribution rate 89.8% 139% 85% 86.2% - 76.9% 79.8% 79.4%
Net sales 1 1,023 1,010 1,034 1,107 1,255 1,328 1,398 1,467
EBITDA 1 739.5 672.5 641.8 695.3 765 752.8 785.8 825.4
EBIT 1 689.2 635.6 604.8 646.9 697.2 655.4 662.3 692.2
Net income 1 508.5 317.3 474.2 502.6 484.9 503.1 501.2 531.3
Net Debt 1 -13,931 -1,181 -1,428 -1,430 - -1,069 -1,120 -1,243
Reference price 2 81.71 63.00 60.00 69.76 53.32 55.47 55.47 55.47
Nbr of stocks (in thousands) 193,578 193,577 193,858 193,863 195,195 195,198 - -
Announcement Date 8/17/22 8/16/23 8/15/24 8/13/25 8/12/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.5x14.15x19.89x4.43% 99.72B
30.5x8.5x15.59x0.55% 22.72B
23.58x9.07x13.87x3.25% 14.49B
40.92x19.45x28.83x0.86% 14.13B
65.12x37.76x51.43x0.8% 8.77B
22.08x7.53x13.28x3.48% 7.92B
16.76x-1275.46x-2567.51x - 4.4B
37.4x14.71x39.25x1.28% 4.15B
15.67x12.41x16.27x4.34% 3.07B
Average 30.62x -127.99x -263.23x 2.37% 19.93B
Weighted average by Cap. 27.76x -17.34x -42.26x 3.24%

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