Company Valuation: VHM Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2023 2024 2025 2026
Market Cap 1 128 85.51 53.25 74.79
Change - -33.17% -37.73% 40.45%
Enterprise Value (EV) 1 108.3 80.03 45.63 61.92
Change - -26.12% -42.98% 35.7%
P/E -6.01x -10.5x -7.16x -11.4x
PBR 1.98x 1.46x 0.83x 0.98x
PEG -0.1x 0.2x 0.3x 0.4x
Capitalization / Revenue 1,163,219,982x 3,717,852,565x 10,649,937,800x -
EV / Revenue - - - -
EV / EBITDA -7.97x -12x -8.35x -11.5x
EV / EBIT -7.91x -11.8x -8.15x -11.2x
EV / FCF -3.91x -3.93x -6.61x -6.39x
FCF Yield -25.6% -25.4% -15.1% -15.6%
Dividend per Share 2 - - - -
Rate of return - - - -
EPS 2 -0.1049 -0.04 -0.0293 -0.021
Distribution rate - - - -
Net sales 0.11 0.023 0.005 -
EBITDA 1 -13.58 -6.651 -5.462 -5.386
EBIT 1 -13.69 -6.798 -5.596 -5.507
Net income 1 -17.92 -7.146 -6.429 -5.796
Net Debt 1 -19.63 -5.482 -7.616 -12.86
Reference price 2 0.6300 0.4200 0.2100 0.2400
Nbr of stocks (in thousands) 203,102 203,597 253,570 311,612
Announcement Date 9/21/23 9/10/24 9/24/25 9/9/26
1AUD in Million2AUD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.65x1.77x8.49x1.83% 56.7B
31.53x5.89x17.39x0.71% 34.83B
33.42x3.46x17.74x0.92% 34.26B
27.21x4.32x14.39x0.86% 31.67B
11.55x1.39x6.46x2.66% 29.07B
23.39x7.28x14.31x2.03% 26.98B
72.94x4.55x70.4x0.31% 22.58B
15.62x1.96x7.87x1.4% 20.84B
10.2x1.12x5.47x1.01% 14.28B
Average 26.72x 3.52x 18.06x 1.3% 30.13B
Weighted average by Cap. 25.88x 3.53x 16.80x 1.37%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA