Company Valuation: Tivan Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026
Market Cap 1 74.97 69.42 110.1 120.2 190.2 674.8
Change - -7.4% 58.66% 9.09% 58.33% 254.73%
Enterprise Value (EV) 1 63.19 54.89 109.1 123.3 184.5 655.2
Change - -13.13% 98.67% 13.1% 49.54% 255.19%
P/E -24.7x -13.5x -14.2x -1.71x -35.3x -46x
PBR 1.18x 0.98x 1.53x 8.69x 4.9x 11.7x
PEG - -0.3x -0.3x -0x 0.4x -0x
Capitalization / Revenue 407x - 1,469x 9,243x 2,757x 5,442x
EV / Revenue 343x - 1,454x 9,488x 2,673x 5,284x
EV / EBITDA -21.8x -12.6x -15.2x -1.96x -25.7x -45.7x
EV / EBIT -21.6x -11.1x -15.1x -1.96x -25.5x -45.1x
EV / FCF -4.72x -5.13x -18.9x -2.82x -7.49x -24.8x
FCF Yield -21.2% -19.5% -5.28% -35.5% -13.3% -4.04%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.002433 -0.0037 -0.005218 -0.0426 -0.002603 -0.006416
Distribution rate - - - - - -
Net sales 1 0.184 - 0.075 0.013 0.069 0.124
EBITDA 1 -2.898 -4.35 -7.187 -62.96 -7.182 -14.33
EBIT 1 -2.925 -4.94 -7.233 -63.03 -7.24 -14.54
Net income 1 -2.905 -4.895 -7.082 -67.84 -4.907 -14.24
Net Debt 1 -11.78 -14.53 -1.086 3.191 -5.789 -19.67
Reference price 2 0.0600 0.0500 0.0740 0.0730 0.0920 0.2950
Nbr of stocks (in thousands) 1,249,497 1,388,418 1,488,418 1,645,949 2,067,820 2,287,553
Announcement Date 9/17/21 9/29/22 9/25/23 9/30/24 9/25/25 9/27/26
1AUD in Million2AUD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 319M
17.05x3.96x7.19x3.45% 221B
11.13x2.74x6x5.26% 159B
15.11x4.35x7.19x3.15% 100B
11.73x0.38x6.05x3.5% 88.18B
26.28x6.44x16.99x-.--% 65.14B
61.3x3.15x7.74x2.3% 57.44B
15.65x3.16x6.19x0.54% 32.08B
12.1x3.83x5.91x5.16% 26.16B
12.26x4.44x7.78x4.09% 24.09B
Average 20.29x 3.61x 7.89x 3.05% 77.43B
Weighted average by Cap. 18.66x 3.48x 7.62x 3.37%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Tivan Limited

Historical PBR trend

Valuation ratios - PBR - Tivan Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Tivan Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Tivan Limited

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