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 1,517 733.7 883.5 769.8 520.3 518.4 - -
Change - -51.63% 20.4% -12.87% -32.41% -0.36% - -
Enterprise Value (EV) 1 1,434 612.2 726.6 585.9 296.2 264.7 232.4 190.8
Change - -57.31% 18.69% -19.37% -49.45% -10.63% -12.22% -17.9%
P/E 63.4x 36.8x 30.3x 22x 14.5x 14.4x 13.6x 10.4x
PBR 15.4x 5.84x 5.37x 3.79x 2.17x 1.88x 1.68x 1.46x
PEG - -2.2x 0.6x 1.2x 5.06x -18.23x 2.1x 0.3x
Capitalization / Revenue 31.6x 11.2x 11.3x 8.73x 5.48x 5.21x 4.92x 3.92x
EV / Revenue 29.9x 9.32x 9.28x 6.64x 3.12x 2.66x 2.21x 1.44x
EV / EBITDA 55x 16.4x 19.5x 12x 6.84x 6.34x 5.23x 3.9x
EV / EBIT 56.8x 16.7x 20x 12.3x 7.03x 6.56x 5.35x 3.37x
EV / FCF 77.9x 15.5x 20.2x 18.6x 7.26x 8.36x 6.38x 3.41x
FCF Yield 1.28% 6.44% 4.94% 5.37% 13.8% 12% 15.7% 29.3%
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% 0.59% 0.78% 2.2%
EPS 2 0.484 0.403 0.591 0.698 0.718 0.7123 0.7585 0.9888
Distribution rate 5.17% 9.93% 8.46% 7.16% 6.96% 8.58% 10.5% 22.8%
Net sales 1 47.98 65.72 78.32 88.18 95.02 99.46 105.4 132.1
EBITDA 1 26.1 37.44 37.2 48.95 43.3 41.75 44.46 48.93
EBIT 1 25.24 36.68 36.41 47.81 42.12 40.34 43.44 56.59
Net income 1 24.73 20.88 30.6 35.64 36.17 35.97 38.2 49.83
Net Debt 1 -82.69 -121.5 -156.8 -183.9 -224.1 -253.7 -286 -327.6
Reference price 2 30.70 14.85 17.88 15.37 10.38 10.28 10.28 10.28
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.43x2.66x6.34x0.59% 358M
17.16x3.76x10.09x0.59% 67.44B
26.81x5.52x16.19x0.59% 53.98B
33.81x11.45x21.68x-.--% 41.77B
-46.24x3.25x9.6x3.32% 41.15B
-8.52x12.36x-7.59x-.--% 29.28B
30.53x3.49x11.03x-.--% 29.58B
17.02x3.26x9.87x-.--% 23.43B
55.71x6.01x41.72x-.--% 19.11B
26.44x5.42x14.56x-.--% 16.82B
Average 16.72x 5.72x 13.35x 0.51% 32.29B
Weighted average by Cap. 14.50x 5.92x 13.11x 0.64%

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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