Company Valuation: Worldsec Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 2.324 2.881 2.051 1.355 1.332 1.432
Change - 23.97% -28.81% -33.93% -1.71% 7.51%
Enterprise Value (EV) 1 1.177 0.8368 1.457 0.142 0.2998 -0.5463
Change - -28.89% 74.08% -90.25% 111.12% -282.23%
P/E 2.46x 4.53x -2.43x 23.4x -24.2x 6.66x
PBR 0.41x 0.46x 0.38x 0.25x 0.25x 0.25x
PEG - -0.1x 0x -0x 0x -0x
Capitalization / Revenue 1.56x 2.35x -8.51x 2.13x 2.48x 1.76x
EV / Revenue 0.79x 0.68x -6.04x 0.22x 0.56x -0.67x
EV / EBITDA - - - - - -
EV / EBIT 0.97x 0.9x -2.81x 0.41x 1.16x -1.03x
EV / FCF 1.25x 1.02x -3.88x 0.55x 0.85x -1.53x
FCF Yield 79.8% 98.3% -25.8% 183% 118% -65.2%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.0111 0.007473 -0.009905 0.000681 -0.000646 0.002526
Distribution rate - - - - - -
Net sales 1 1.494 1.226 -0.241 0.636 0.537 0.814
EBITDA - - - - - -
EBIT 1 1.208 0.928 -0.518 0.35 0.258 0.529
Net income 1 0.944 0.636 -0.843 0.058 -0.055 0.215
Net Debt 1 -1.147 -2.044 -0.594 -1.213 -1.032 -1.978
Reference price 2 0.0273 0.0339 0.0241 0.0159 0.0156 0.0168
Nbr of stocks (in thousands) 85,102 85,102 85,102 85,102 85,102 85,102
Announcement Date 4/30/21 4/27/22 4/27/23 4/30/24 4/29/25 4/27/26
1USD in Million2USD
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 1.74M
15.98x7.14x - 2.07% 326B
14.16x10.55x - 1.9% 303B
11.59x - - 1.94% 218B
17.65x7.04x11.71x1.15% 190B
9.82x0.47x - 3.62% 60.34B
18.05x - - 0.34% 27.88B
10.79x8.38x - 3.84% 28B
15.42x4.85x - 3.57% 26.96B
6.54x - - 4.63% 25.78B
Average 13.33x 6.41x 11.71x 2.56% 120.55B
Weighted average by Cap. 14.40x 7.77x 11.71x 2.03%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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