Company Valuation: AVI Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 21,659 22,654 31,274 31,152 33,391 27,466 - -
Change - 4.59% 38.05% -0.39% 7.19% -17.74% - -
Enterprise Value (EV) 1 23,336 24,404 32,693 33,416 35,060 29,639 29,231 28,759
Change - 4.58% 33.97% 2.21% 4.92% -15.46% -1.38% -1.61%
P/E 12.4x 12.3x 14x 13.1x 13.2x 10.1x 9.49x 8.86x
PBR 4.53x 4.4x - 5.93x 5.75x 5.53x 5.14x 4.78x
PEG - 2.6x 0.6x 1.94x 2.44x 1.48x 1.52x 1.25x
Capitalization / Revenue 1.56x 1.52x 1.97x 1.94x 2.06x 1.62x 1.54x 1.46x
EV / Revenue 1.69x 1.64x 2.06x 2.09x 2.16x 1.75x 1.64x 1.52x
EV / EBITDA 7.54x 7.44x 8.49x 8.05x 8.1x 6.67x 6.25x 5.82x
EV / EBIT 9.19x 8.99x 9.89x 9.38x 9.42x 7.36x 6.79x 6.69x
EV / FCF 11.7x 14.4x - 14.9x 12.1x 10.4x 10x 9.21x
FCF Yield 8.55% 6.94% - 6.72% 8.25% 9.58% 10% 10.9%
Dividend per Share 2 4.62 4.82 5.9 6.26 4.18 6.901 7.319 8.436
Rate of return 7.03% 7.08% 6.24% 6.65% 4.16% 8.43% 8.94% 10.3%
EPS 2 5.288 5.538 6.755 7.212 7.602 8.119 8.628 9.242
Distribution rate 87.4% 87% 87.3% 86.8% 55% 85% 84.8% 91.3%
Net sales 1 13,845 14,920 15,862 16,022 16,240 16,955 17,877 18,868
EBITDA 1 3,094 3,282 3,852 4,149 4,329 4,446 4,676 4,938
EBIT 1 2,540 2,715 3,305 3,562 3,720 4,028 4,302 4,298
Net income 1,751 1,837 2,258 - - - - -
Net Debt 1 1,676 1,750 1,419 2,263 1,669 2,173 1,764 1,292
Reference price 2 65.72 68.09 94.59 94.13 100.53 81.90 81.90 81.90
Nbr of stocks (in thousands) 329,572 332,707 330,624 330,950 332,152 335,365 - -
Announcement Date 9/5/22 9/4/23 9/9/24 9/8/25 9/7/26 - - -
1ZAR in Million2ZAR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.09x1.75x6.67x8.43% 1.65B
21.86x2.95x14.5x3.75% 261B
19.85x2.54x15.12x3.22% 81.43B
16.72x1.73x9.84x3.75% 44.84B
14.82x0.53x9.51x2.6% 38.62B
20.53x3.13x12.73x3.4% 34.09B
34.67x3x17.5x1.07% 30.83B
-8.74x1.88x9.42x6.47% 29.41B
26.06x5.42x17.27x3.22% 29.7B
17.57x1.69x11.92x4.85% 26.73B
Average 17.34x 2.46x 12.45x 4.08% 57.83B
Weighted average by Cap. 19.74x 2.66x 13.69x 3.61%

Y-o-Y evolution of P/E

Valuation ratios - P/E - AVI Limited

Historical PBR trend

Valuation ratios - PBR - AVI Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - AVI Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - AVI Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - AVI Limited
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