I did some quick calculations comparing APX to its peers on the ASX.
According to guidance provided by the respective companies, it looks like APX is trading on a significantly lower FY21 EBITDA/EV multiple, unless my calculations are inaccurate?
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 0 FY21 Forecast 1 Revenue Growth (%) EBITDA Growth (%) EBITDA (A$M) Net Cash (A$M) EV (A$B) EBITDA/EV 2 WTC +9 - 19 +30 - 50 177.5 +251.4 9.45 53.22 3 ALU +0.5 - 3.0 -5.8 - -0.7 92.37 +117.56 3.45 37.30 4 APX ? +18 - 28 125 +78 2.10 16.81
Is the business really in that bad a shape relative to its peers that it deserves this sort of big discount?
Ann: Appen 2020 Full Year results, page-183
-
- There are more pages in this discussion • 218 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add APX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
46.5¢ |
Change
-0.015(3.13%) |
Mkt cap ! $103.4M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.5¢ | 45.3¢ | $784.4K | 1.701M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2860 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 114105 | 1 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| APX (ASX) Chart |