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
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Last
$2.75 |
Change
0.060(2.23%) |
Mkt cap ! $717.0M | |||
| Open | High | Low | Value | Volume |
| $2.75 | $2.84 | $2.69 | $25.98M | 9.385M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 33184 | $2.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.76 | 3556 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| APX (ASX) Chart |