To be more precise TWE acquisition multiple is 13.2X EV/EBITDAS at 315 Mill USD. The current AUD/USD rate is 0.725 = 435 Mill AUD acquisition price.
I forecast AVG to deliver 21.5 Mill NPAT in 2022. Working back to get EBITDAS I get, 21.5/0.7 + 3 Mill interest + 8 Mill Depreciation & Amortisation + 1 Mill SGARA = 42.7 EBITDAS
42.7 * 13.2 = 563 Million EV
563 - forecast NET debt in 2022 of 45 - 50 Million = 518 - 523 In capital value. That an upside from current market cap of approx 2.4X.
In other words based on the above multiple AVG’s share price should be trading at 0.85 X 2.4 = $2.04
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To be more precise TWE acquisition multiple is 13.2X EV/EBITDAS...
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $54.36M |
Open | High | Low | Value | Volume |
16.8¢ | 17.0¢ | 16.5¢ | $28.80K | 172.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 319362 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 74970 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 319362 | 0.165 |
2 | 22500 | 0.160 |
2 | 14000 | 0.155 |
2 | 166002 | 0.150 |
2 | 90000 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 74970 | 3 |
0.175 | 126013 | 2 |
0.180 | 159462 | 3 |
0.185 | 154000 | 2 |
0.190 | 25000 | 1 |
Last trade - 15.57pm 23/08/2024 (20 minute delay) ? |
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