Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Discount Rate | 11.5% - 10.5% | 11.0% |
| Terminal EBITDA Multiple | 4.7x - 6.7x | 5.7x |
| Fair Value | A$1.29 - A$1.76 | A$1.52 |
| Upside | 50.2% - 105.2% | 77.2% |
| Select Revenue and EBITDA Forecast | ||||||
| (AUD in millions) | Input Projections | |||||
| Fiscal Years Ending | Jun-24 | Jun-25 | Jun-26 | Jun-27 | Jun-28 | Jun-29 |
| Revenue | 127 | 140 | 151 | 160 | 169 | 175 |
| % Growth | -7.9% | 10.6% | 7.5% | 6.2% | 5.6% | 3.5% |
| EBITDA | 11 | 14 | 16 | 19 | 19 | 20 |
| % of Revenue | 9.1% | 9.6% | 10.4% | 11.8% | 11.5% | 11.5% |
| Calculation of Free Cash Flow | ||||||
| Projected Unlevered Cash Flow | ||||||
| (AUD in millions) | Jun-25 | Jun-26 | Jun-27 | Jun-28 | Jun-29 | |
| EBITDA | 14 | 16 | 19 | 19 | 20 | |
| Other Income / (Exp) | 0 | 0 | 0 | 0 | 0 | |
| D&A | (4) | (3) | (3) | (5) | (5) | |
| EBIT | 10 | 13 | 16 | 15 | 15 | |
| Pro forma Taxes | (3) | (4) | (5) | (4) | (5) | |
| NOPAT | 6 | 7 | 9 | 11 | 10 | 11 |
| Capital Expenditures | (2) | (3) | (3) | (3) | (5) | (5) |
| NWC Investment | 0 | (0) | (0) | (0) | (0) | (0) |
| (+) D&A | 4 | 4 | 3 | 3 | 5 | 5 |
| Free Cash Flow | 7 | 8 | 9 | 11 | 10 | 10 |
| % Growth | 10% | 13% | 24% | -12% | 4% | |