Company Valuation: Barramundi Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026
Market Cap 1 235.1 206.7 195.9 195.5 235.1 184.9
Change - -12.09% -5.22% -0.22% 20.25% -21.35%
Enterprise Value (EV) 1 48.72 37.94 -3.843 -22.04 -5.906 -1.211
Change - -22.13% -110.13% -473.43% 73.2% 79.5%
P/E 4.69x -5.5x 5.02x 6.96x 27.8x -4.26x
PBR 1.27x 1.21x 0.98x 0.91x 0.98x 1x
PEG - 0x -0x -0.2x -0.4x 0x
Capitalization / Revenue 4.15x -6.31x 4.49x 5.92x 18.7x -4.51x
EV / Revenue 0.86x -1.16x -0.09x -0.67x -0.47x 0.03x
EV / EBITDA - - - - - -
EV / EBIT 0.95x -1.08x -0.1x -0.76x -0.69x 0.03x
EV / FCF 1.5x -1.57x -0.15x -1.16x -1.45x 0.04x
FCF Yield 66.5% -63.7% -677% -86.4% -68.8% 2,285%
Dividend per Share 2 0.0635 0.0639 0.056 0.0597 0.0588 0.0491
Rate of return 5.77% 8.29% 7.89% 8.65% 8.52% 9.26%
EPS 2 0.2343 -0.1399 0.1415 0.0992 0.0249 -0.1245
Distribution rate 27.1% -45.7% 39.6% 60.2% 237% -39.4%
Net sales 1 56.7 -32.76 43.6 33.02 12.6 -41.04
EBITDA - - - - - -
EBIT 1 51.21 -35.28 39.45 28.92 8.611 -43.74
Net income 1 52.32 -34.64 38.33 28.11 7.911 -42.92
Net Debt 1 -186.4 -168.8 -199.8 -217.5 -241 -186.1
Reference price 2 1.1000 0.7700 0.7100 0.6900 0.6900 0.5300
Nbr of stocks (in thousands) 2,13,765 2,68,470 2,75,960 2,83,340 3,40,711 3,48,847
Announcement Date 16/09/21 22/08/22 22/08/23 23/09/24 18/08/25 24/08/26
1NZD in Million2NZD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 9.2Cr
15.55x3.74x - 2.27% 17TCr
19.68x5.6x11.98x2.12% 17TCr
17.65x7.7x - 1.42% 11TCr
22.9x11.95x20.5x4.26% 7.54TCr
14.45x5.44x - 1.81% 5.31TCr
12.23x1.89x5.78x1.2% 4.93TCr
5.11x5.29x3.8x3.58% 3.59TCr
14.84x5.37x16.73x1.77% 3.46TCr
Average 15.30x 5.87x 11.76x 2.3% 7.7TCr
Weighted average by Cap. 16.78x 5.87x 12.55x 2.25%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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