Company Valuation: Monash IVF Group Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 331.2 366.3 446.1 500.7 274.7 270.8 - -
Change - 10.59% 21.81% 12.23% -45.14% -1.42% - -
Enterprise Value (EV) 1 324.1 368.4 477.1 549.3 364.3 355.2 343.8 334
Change - 13.66% 29.53% 15.14% -33.69% -2.49% -3.21% -2.86%
P/E ratio - 20x 20.4x -75.6x 11x 16.5x 13.9x 11.9x
PBR 1.24x 1.37x 1.63x 2.07x 1.12x 1.05x 1.01x 0.98x
PEG - - 1.1x 1x -0x -0.5x 0.8x 0.7x
Capitalization / Revenue 1.8x 1.9x 2.09x 1.96x 1.01x 1.01x 0.98x 0.94x
EV / Revenue 1.77x 1.92x 2.23x 2.15x 1.34x 1.33x 1.24x 1.16x
EV / EBITDA 6.79x 7.65x 8.93x 8.75x 5.49x 6.01x 5.5x 5.05x
EV / EBIT 9.3x 11x 12.5x 12.4x 8.48x 10.2x 9.32x 8.3x
EV / FCF - 22.1x - 17.8x -239x 14.1x 10.3x 9.29x
FCF Yield - 4.53% - 5.62% -0.42% 7.1% 9.73% 10.8%
Dividend per Share 2 0.042 0.044 0.044 0.05 - 0.0205 0.0336 0.0387
Rate of return 4.94% 4.68% 3.84% 3.89% - 2.95% 4.84% 5.56%
EPS 2 - 0.047 0.056 -0.017 0.064 0.0422 0.0499 0.0582
Distribution rate - 93.6% 78.6% -294% - 48.6% 67.4% 66.4%
Net sales 1 183.6 192.3 213.6 255 271.9 267 276.7 286.8
EBITDA 1 47.75 48.14 53.43 62.81 66.34 59.08 62.5 66.16
EBIT 1 34.86 33.36 38.09 44.23 42.97 34.8 36.89 40.22
Net income 1 25.15 18.41 21.84 -5.949 25.01 16.51 19.98 22.54
Net Debt 1 -7.1 2.1 31 48.67 89.57 84.39 72.98 63.17
Reference price 2 0.8500 0.9400 1.1450 1.2850 0.7050 0.6950 0.6950 0.6950
Nbr of stocks (in thousands) 3,89,635 3,89,635 3,89,635 3,89,635 3,89,635 3,89,635 - -
Announcement Date 23/08/21 25/08/22 21/08/23 21/08/24 21/08/25 - - -
1AUD in Million2AUD
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
16.48x1.33x6.01x2.95% 19Cr
15.44x0.44x9.42x2.75% 12TCr
12.32x1.64x8.1x0.83% 8.26TCr
11.13x1.33x8.03x3.05% 2.42TCr
20.79x2.29x11.55x1.6% 2.22TCr
29.24x5.32x22.3x2.42% 2.01TCr
14.59x1.38x7.04x4.81% 1.4TCr
6.43x1.11x5.22x-.--% 1.4TCr
13.11x1.64x7.89x0.87% 1.23TCr
12.53x0.98x5.49x3.63% 1.18TCr
Average 15.21x 1.75x 9.11x 2.29% 3.24TCr
Weighted average by Cap. 14.92x 1.38x 9.44x 2.12%

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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