Company Valuation: Clinuvel Pharmaceuticals Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,517 733.7 883.5 769.8 520.3 485.1 - -
Change - -51.63% 20.4% -12.87% -32.41% -6.76% - -
Enterprise Value (EV) 1 1,434 612.2 726.6 585.9 296.2 232.4 200.5 165.9
Change - -57.31% 18.69% -19.37% -49.45% -21.52% -13.73% -17.24%
P/E 63.4x 36.8x 30.3x 22x 14.5x 13.6x 12.9x 10.1x
PBR 15.4x 5.84x 5.37x 3.79x 2.17x 1.76x 1.58x 1.42x
PEG - -2.2x 0.6x 1.2x 5.06x -9.76x 2.27x 0.4x
Capitalization / Revenue 31.6x 11.2x 11.3x 8.73x 5.48x 4.89x 4.64x 3.75x
EV / Revenue 29.9x 9.32x 9.28x 6.64x 3.12x 2.34x 1.92x 1.28x
EV / EBITDA 55x 16.4x 19.5x 12x 6.84x 5.62x 4.52x 3.47x
EV / EBIT 56.8x 16.7x 20x 12.3x 7.03x 5.8x 4.64x 3.55x
EV / FCF 77.9x 15.5x 20.2x 18.6x 7.26x 7.34x 5.52x 3x
FCF Yield 1.28% 6.44% 4.94% 5.37% 13.8% 13.6% 18.1% 33.3%
Dividend per Share 2 0.025 0.04 0.05 0.05 0.05 0.0611 0.08 0.1114
Rate of return 0.08% 0.27% 0.28% 0.33% 0.48% 0.64% 0.83% 1.16%
EPS 2 0.484 0.403 0.591 0.698 0.718 0.708 0.7482 0.9547
Distribution rate 5.17% 9.93% 8.46% 7.16% 6.96% 8.64% 10.7% 11.7%
Net sales 1 47.98 65.72 78.32 88.18 95.02 99.21 104.6 129.3
EBITDA 1 26.1 37.44 37.2 48.95 43.3 41.39 44.34 47.75
EBIT 1 25.24 36.68 36.41 47.81 42.12 40.05 43.25 46.76
Net income 1 24.73 20.88 30.6 35.64 36.17 35.72 37.66 48.15
Net Debt 1 -82.69 -121.5 -156.8 -183.9 -224.1 -252.7 -284.6 -319.2
Reference price 2 30.700 14.850 17.880 15.370 10.380 9.620 9.620 9.620
Nbr of stocks (in thousands) 49,410 49,410 49,410 50,083 50,124 50,428 - -
Announcement Date 8/26/21 A 8/30/22 A 8/29/23 A 8/28/24 A 8/27/25 A - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.59x2.34x5.62x0.64% 343M
19.09x4.37x10.28x0.48% 80.69B
38.21x13.07x24.87x-.--% 51.22B
22.71x4.98x14.44x0.65% 49.58B
-61.04x3.52x10.42x3.01% 45.5B
36.8x3.41x12.97x-.--% 30.6B
54.24x3.43x26.59x-.--% 24.64B
-6.97x9.6x-6.2x-.--% 23.88B
72.93x6.99x45.98x-.--% 21.59B
55.77x51.21x64.37x0.13% 17.09B
Average 24.53x 10.29x 20.93x 0.49% 34.51B
Weighted average by Cap. 19.34x 8.33x 18.23x 0.61%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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