Company Valuation: Service Stream Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 539 498.9 787.1 1,215 1,623 1,465 - -
Change - -7.43% 57.77% 54.33% 33.63% -9.76% - -
Enterprise Value (EV) 1 619.2 586.5 841.2 1,141 1,543 1,359 1,320 1,267
Change - -5.28% 43.43% 35.67% 35.17% -11.88% -2.88% -4.05%
P/E -14.4x 113x 24.9x 21x 29.1x 21.6x 16.7x 15.6x
PBR 1.15x 1.07x 1.63x 2.37x 3.2x 2.58x 2.36x 2.2x
PEG - -1x 0x 0.3x -8.08x 1x 0.6x 2.19x
Capitalization / Revenue 0.36x 0.24x 0.34x 0.52x 0.69x 0.54x 0.51x 0.5x
EV / Revenue 0.41x 0.29x 0.37x 0.49x 0.66x 0.5x 0.46x 0.43x
EV / EBITDA 6.8x 5.14x 6.51x 7.81x 9.44x 7.39x 6.72x 6.13x
EV / EBIT 16.4x 12.7x 11.9x 13.2x 14.8x 11.5x 9.96x 8.9x
EV / FCF 11.1x 6.75x 9.26x 8.95x 17.7x 15.3x 12.4x 10.7x
FCF Yield 8.97% 14.8% 10.8% 11.2% 5.66% 6.52% 8.06% 9.38%
Dividend per Share 2 0.01 0.015 0.045 0.055 0.065 0.0715 0.0812 0.0837
Rate of return 1.14% 1.85% 3.52% 2.77% 2.45% 2.99% 3.4% 3.5%
EPS 2 -0.0609 0.0072 0.0514 0.0944 0.091 0.1105 0.1428 0.153
Distribution rate -16.4% 208% 87.5% 58.3% 71.4% 64.7% 56.9% 54.7%
Net sales 1 1,517 2,053 2,292 2,329 2,354 2,720 2,846 2,958
EBITDA 1 91.11 114.1 129.2 146.1 163.4 184 196.4 206.8
EBIT 1 37.79 46.05 70.7 86.55 104.3 117.9 132.6 142.4
Net income 1 -36.32 4.462 32.3 59.18 56.94 66.71 87.11 93.29
Net Debt 1 80.23 87.59 54.07 -73.55 -80.68 -105.5 -144.6 -198.1
Reference price 2 0.875 0.810 1.280 1.985 2.650 2.390 2.390 2.390
Nbr of stocks (in thousands) 615,953 615,953 614,953 612,003 612,589 612,912 - -
Announcement Date 8/22/22 8/21/23 8/20/24 8/19/25 8/18/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.63x0.5x7.39x2.99% 1.05B
9.15x1.92x3.15x7.38% 20.13B
27.21x1.45x10.16x-.--% 9.27B
15.37x0.87x8.6x2.54% 4.03B
6.32x0.04x1.04x6.88% 3.44B
25.19x4.8x8.64x0.65% 2.74B
38.3x - - 0.39% 2.04B
12.13x0.57x7.16x2.7% 2.01B
Average 19.41x 1.45x 6.59x 2.94% 5.59B
Weighted average by Cap. 15.98x 1.65x 5.66x 4.33%

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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  4. Valuation Service Stream Limited
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