Company Valuation: Litigation Capital Management Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2020 2021 2022 2023 2024 2025
Market Cap 1 117 293.6 201.1 190.7 245.7 60.93
Change - 150.91% -31.53% -5.14% 28.81% -75.2%
Enterprise Value (EV) 1 85.27 294.3 220.5 -236.2 -225.7 120.2
Change - 245.14% -25.08% -207.11% 4.41% 153.26%
P/E 21.4x 31x 27.4x 5.58x 18.4x -0.83x
PBR 1.47x 3.29x 2.14x 1.04x 1.3x 0.53x
PEG - 0.5x -1.2x 0x -0.3x 0x
Capitalization / Revenue 3.04x 7.92x 4.24x 1.03x 2.47x -0.37x
EV / Revenue 2.22x 7.94x 4.65x -1.28x -2.27x -0.74x
EV / EBITDA 8.24x 18.6x 11.7x -1.39x -2.97x -0.64x
EV / EBIT 8.3x 19x 11.9x -1.39x -2.97x -0.64x
EV / FCF -40.9x 32x -14.3x -2.02x -3.89x -0.56x
FCF Yield -2.44% 3.12% -7% -49.5% -25.7% -180%
Dividend per Share 2 - - - 0.043 0.0237 -
Rate of return - - - 2.72% 1.14% -
EPS 2 0.0471 0.0795 0.0609 0.2833 0.1133 -0.7083
Distribution rate - - - 15.2% 20.9% -
Net sales 1 38.44 37.06 47.4 184.7 99.37 -163.1
EBITDA 1 10.36 15.84 18.84 169.9 76.09 -187.5
EBIT 1 10.27 15.5 18.56 169.7 75.95 -187.6
Net income 1 5.245 8.863 6.644 31.48 12.72 -72.91
Net Debt 1 -31.75 0.688 19.44 -426.9 -471.4 59.3
Reference price 2 1.0079 2.4685 1.6667 1.5810 2.0836 0.5851
Nbr of stocks (in thousands) 116,114 118,954 120,633 120,633 117,903 104,124
Announcement Date 9/22/20 9/21/21 9/20/22 9/19/23 9/17/24 10/1/25
1AUD in Million2AUD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 778K
8.55x7.27x8.38x1.11% 22.29B
11.41x4.13x22.83x3.96% 11.87B
5.36x - - 5.65% 10.92B
11.17x - - 4.41% 10.48B
8.86x3.15x28.13x3.76% 8.01B
4.45x - - 7.05% 7.88B
16.88x14.24x34.3x1.32% 6.87B
Average 9.53x 7.20x 23.41x 3.89% 9.79B
Weighted average by Cap. 9.24x 6.81x 18.74x 3.5%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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