Company Valuation: Clinuvel Pharmaceuticals Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,517 733.7 883.5 769.8 520.3 507.3 - -
Change - -51.63% 20.4% -12.87% -32.41% -2.49% - -
Enterprise Value (EV) 1 1,434 612.2 726.6 585.9 296.2 254.7 222.8 187.6
Change - -57.31% 18.69% -19.37% -49.45% -14.02% -12.52% -15.79%
P/E 63.4x 36.8x 30.3x 22x 14.5x 14.2x 13.4x 10.4x
PBR 15.4x 5.84x 5.37x 3.79x 2.17x 1.85x 1.65x 1.48x
PEG - -2.2x 0.6x 1.2x 5.06x -10.2x 2.27x 0.4x
Capitalization / Revenue 31.6x 11.2x 11.3x 8.73x 5.48x 5.12x 4.84x 3.89x
EV / Revenue 29.9x 9.32x 9.28x 6.64x 3.12x 2.57x 2.13x 1.44x
EV / EBITDA 55x 16.4x 19.5x 12x 6.84x 6.15x 5.01x 3.83x
EV / EBIT 56.8x 16.7x 20x 12.3x 7.03x 6.35x 5.14x 3.91x
EV / FCF 77.9x 15.5x 20.2x 18.6x 7.26x 8.05x 6.12x 3.35x
FCF Yield 1.28% 6.44% 4.94% 5.37% 13.8% 12.4% 16.4% 29.8%
Dividend per Share 2 0.025 0.04 0.05 0.05 0.05 0.0611 0.08 0.2257
Rate of return 0.08% 0.27% 0.28% 0.33% 0.48% 0.61% 0.8% 2.24%
EPS 2 0.484 0.403 0.591 0.698 0.718 0.708 0.7498 0.9713
Distribution rate 5.17% 9.93% 8.46% 7.16% 6.96% 8.64% 10.7% 23.2%
Net sales 1 47.98 65.72 78.32 88.18 95.02 99.16 104.8 130.5
EBITDA 1 26.1 37.44 37.2 48.95 43.3 41.42 44.46 48.93
EBIT 1 25.24 36.68 36.41 47.81 42.12 40.08 43.38 47.94
Net income 1 24.73 20.88 30.6 35.64 36.17 35.75 37.77 48.95
Net Debt 1 -82.69 -121.5 -156.8 -183.9 -224.1 -252.6 -284.5 -319.7
Reference price 2 30.70 14.85 17.88 15.37 10.38 10.06 10.06 10.06
Nbr of stocks (in thousands) 49,410 49,410 49,410 50,083 50,124 50,428 - -
Announcement Date 8/26/21 8/30/22 8/29/23 8/28/24 8/27/25 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.35x3.71x9.57x0.59% 66.74B
26.36x5.45x16.03x0.6% 53.32B
37.26x12.6x24.05x-.--% 48.12B
-42.39x3.06x9.03x3.57% 38.25B
25.06x3.49x11.87x-.--% 29.85B
56.96x3.39x25.31x-.--% 23.51B
-6.24x8.61x-5.3x-.--% 21.45B
64.96x6.38x43.91x-.--% 19.97B
-37.77x18x-49.29x-.--% 16.47B
Average 15.73x 7.19x 9.46x 0.53% 35.3B
Weighted average by Cap. 16.88x 6.47x 12.27x 0.65%

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

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  5. Valuation Clinuvel Pharmaceuticals Limited