Company Valuation: VIP Gloves Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2019 2020 2021 2022 2023 2024
Market Cap 1 23.14 25.35 36.94 8.655 2.36 2.36
Change - 9.58% 45.69% -76.57% -72.73% 0%
Enterprise Value (EV) 1 28.2 27 36.16 9.39 4.198 3.747
Change - -4.26% 33.9% -74.03% -55.29% -10.73%
P/E -3.75x 185x 7.97x -1.17x -0.18x -0.89x
PBR 3.73x 2.63x 1.87x 0.66x -9.74x -0.86x
PEG - -2x 0x 0x -0x 0x
Capitalization / Revenue 1.98x 1.85x 0.77x 0.82x 1.35x 0.82x
EV / Revenue 2.41x 1.97x 0.75x 0.89x 2.41x 1.31x
EV / EBITDA -8.13x 33.4x 3.54x -1.31x -1.37x -1.97x
EV / EBIT -6.78x 143x 4x -1.08x -1.1x -1.9x
EV / FCF -6.88x -8.78x 5.42x 7.87x -0.75x 4.2x
FCF Yield -14.5% -11.4% 18.5% 12.7% -134% 23.8%
Dividend per Share 2 - - 0.0023 - - -
Rate of return - - 4.89% - - -
EPS 2 -0.0104 0.000184 0.0059 -0.0094 -0.0171 -0.00338
Distribution rate - - 39% - - -
Net sales 1 11.69 13.7 48.12 10.6 1.743 2.868
EBITDA 1 -3.471 0.8075 10.22 -7.174 -3.068 -1.905
EBIT 1 -4.162 0.1891 9.046 -8.715 -3.803 -1.968
Net income 1 -4.797 0.1161 4.717 -7.377 -13.45 -2.66
Net Debt 1 5.068 1.65 -0.7807 0.7349 1.837 1.387
Reference price 2 0.0390 0.0340 0.0470 0.0110 0.0030 0.0030
Nbr of stocks (in thousands) 5,93,222 7,45,656 7,85,881 7,86,781 7,86,781 7,86,781
Announcement Date 27/10/19 01/10/20 01/10/21 30/09/22 30/09/24 04/02/25
1AUD in Million2AUD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 3.85Cr
29.8x3.95x12.6x4.95% 1.42TCr
12.44x - - 2.9% 449.07Cr
45.16x - - 0.56% 327.16Cr
17.22x - - 2.95% 259.52Cr
21.53x - - - 200.68Cr
7.91x0.5x2.31x5.66% 188.23Cr
22.2x1.39x8.87x2.02% 126.53Cr
18.49x2.95x9.82x6.31% 98Cr
21.48x2.34x9.25x0.57% 93Cr
Average 21.80x 2.23x 8.57x 3.24% 316.14Cr
Weighted average by Cap. 25.16x 3.31x 11.04x 3.8%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation VIP Gloves Limited