Company Valuation: Sandon Capital Investments Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026
Market Cap 1 110.9 94.36 86.96 99.12 114 111.5
Change - -14.91% -7.84% 13.99% 15.02% -2.18%
Enterprise Value (EV) 1 -47.45 -47.51 -57.13 -18.57 -36.37 -11.86
Change - -0.14% -20.23% 67.5% -95.9% 67.4%
P/E 2.93x -3.76x 45.3x 6.8x 4.58x -5.93x
PBR 0.95x 0.86x 0.82x 0.86x 0.85x 0.97x
PEG - 0x -0x 0x 0.1x 0x
Capitalization / Revenue 1.96x -3.44x 17.1x 4.78x 3.07x -5.57x
EV / Revenue -0.84x 1.73x -11.3x -0.9x -0.98x 0.59x
EV / EBITDA - - - - - -
EV / EBIT -1.04x 1.56x -22.8x -1.07x -1.1x 0.51x
EV / FCF -1.3x 1.78x -229x -2.25x -1.88x 0.67x
FCF Yield -77.2% 56.1% -0.44% -44.5% -53.3% 150%
Dividend per Share 2 0.0525 0.055 0.055 0.055 0.042 0.0564
Rate of return 5.25% 7.91% 8.8% 7.91% 5.35% 7.83%
EPS 2 0.3409 -0.185 0.0138 0.1022 0.1714 -0.1215
Distribution rate 15.4% -29.7% 399% 53.8% 24.5% -46.4%
Net sales 1 56.51 -27.45 5.074 20.72 37.08 -20.01
EBITDA - - - - - -
EBIT 1 45.47 -30.5 2.501 17.4 33.12 -23.42
Net income 1 37.34 -23.7 1.897 14.36 24.65 -17.91
Net Debt 1 -158.3 -141.9 -144.1 -117.7 -150.4 -123.4
Reference price 2 1.0000 0.6950 0.6250 0.6950 0.7850 0.7200
Nbr of stocks (in thousands) 110,889 135,765 139,135 142,623 145,243 154,901
Announcement Date 8/26/21 A 8/25/22 A 8/24/23 A 8/19/24 A 8/19/25 A 8/26/26 A
1AUD in Million2AUD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 80.97M
19.29x5.51x11.79x2.17% 164B
14.02x3.42x - 2.52% 148B
15.65x7.16x - 1.59% 98.13B
18.63x6.56x12.5x4.6% 89.66B
24.48x - - 0.86% 81.95B
21.02x11.26x16.31x4.49% 71.46B
13.02x5.12x - 2.01% 47.96B
10.8x1.6x4.9x1.36% 43.49B
Average 17.12x 5.80x 11.37x 2.45% 82.72B
Weighted average by Cap. 17.52x 5.76x 12.02x 2.48%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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