APPEN LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.66 AUD | -5.04% |
|
+3.94% | +4.76% |
| Mar. 18 | Appen Limited(ASX:APX) dropped from S&P/ASX Small Ordinaries Index | CI |
| Mar. 18 | Appen Limited(ASX:APX) dropped from S&P/ASX 300 Index | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,720 | 3,021 | 1,374 | 307.4 | 133.2 | 146.3 | - | - |
| Enterprise Value (EV) 1 | 2,645 | 2,968 | 1,307 | 272.6 | 84.03 | 117.1 | 131.6 | 143.4 |
| P/E ratio | 64.9 x | 60.4 x | 35.4 x | -0.87 x | -0.5 x | -3.27 x | -6.07 x | -24.2 x |
| Yield | 0.4% | 0.41% | 0.9% | - | - | - | - | - |
| Capitalization / Revenue | 5.07 x | 5.04 x | 2.22 x | 0.53 x | 0.32 x | 0.46 x | 0.45 x | 0.4 x |
| EV / Revenue | 4.93 x | 4.95 x | 2.12 x | 0.47 x | 0.2 x | 0.37 x | 0.4 x | 0.4 x |
| EV / EBITDA | 26.2 x | 27.3 x | 12.2 x | 16.7 x | -2.25 x | -12 x | 17.4 x | 8.69 x |
| EV / FCF | 51.1 x | 43.9 x | 30.1 x | -18.9 x | -2.22 x | -6.17 x | -22.8 x | 85.9 x |
| FCF Yield | 1.96% | 2.28% | 3.32% | -5.29% | -45.1% | -16.2% | -4.38% | 1.16% |
| Price to Book | 5.65 x | 6.22 x | 2.54 x | 1.4 x | 0.94 x | 1.44 x | 2.54 x | 10.8 x |
| Nbr of stocks (in thousands) | 121,108 | 122,346 | 123,075 | 123,446 | 211,467 | 221,713 | - | - |
| Reference price 2 | 22.46 | 24.69 | 11.16 | 2.490 | 0.6300 | 0.6600 | 0.6600 | 0.6600 |
| Announcement Date | 2/24/20 | 2/23/21 | 2/23/22 | 2/26/23 | 2/26/24 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 536 | 599.9 | 617.6 | 576.9 | 419.5 | 315.9 | 328.5 | 362.2 |
| EBITDA 1 | 101 | 108.6 | 107.3 | 16.36 | -37.4 | -9.785 | 7.548 | 16.51 |
| EBIT 1 | 75.1 | 67.64 | 58.88 | -45.39 | -91.18 | -54.77 | -34.98 | -30.98 |
| Operating Margin | 14.01% | 11.28% | 9.53% | -7.87% | -21.74% | -17.34% | -10.65% | -8.55% |
| Earnings before Tax (EBT) 1 | 55.06 | 63.53 | 49.53 | -355 | -191.2 | -72.84 | -43.51 | -48.86 |
| Net income 1 | 41.61 | 50.5 | 39.38 | -355 | -180.7 | -56.05 | -35.02 | -26.99 |
| Net margin | 7.76% | 8.42% | 6.38% | -61.54% | -43.07% | -17.74% | -10.66% | -7.45% |
| EPS 2 | 0.3460 | 0.4085 | 0.3155 | -2.878 | -1.272 | -0.2020 | -0.1087 | -0.0273 |
| Free Cash Flow 1 | 51.79 | 67.6 | 43.43 | -14.41 | -37.87 | -18.97 | -5.768 | 1.67 |
| FCF margin | 9.66% | 11.27% | 7.03% | -2.5% | -9.03% | -6.01% | -1.76% | 0.46% |
| FCF Conversion (EBITDA) | 51.28% | 62.25% | 40.49% | - | - | - | - | 10.11% |
| FCF Conversion (Net income) | 124.46% | 133.87% | 110.3% | - | - | - | - | - |
| Dividend per Share 2 | 0.0900 | 0.1000 | 0.1000 | - | - | - | - | - |
| Announcement Date | 2/24/20 | 2/23/21 | 2/23/22 | 2/26/23 | 2/26/24 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 290.9 | 306.2 | 293.7 | 270.8 | 346.1 | 264.7 | 305.3 | 216.9 | 207 | - |
| EBITDA | 54.66 | 49.1 | 59.5 | 38.16 | 69.01 | 12.3 | - | -28.26 | -9.708 | - |
| EBIT | 35.46 | 29.6 | 38.04 | 16 | 42.83 | - | - | -54.4 | - | - |
| Operating Margin | 12.19% | 9.67% | 12.95% | 5.91% | 12.37% | - | - | -25.08% | - | - |
| Earnings before Tax (EBT) | - | - | - | 11.59 | - | - | - | -67.54 | -125 | - |
| Net income | - | - | 28.2 | 9.229 | 30.13 | - | - | -67.62 | -114.4 | - |
| Net margin | - | - | 9.6% | 3.41% | 8.7% | - | - | -31.17% | -55.28% | - |
| EPS | - | - | - | 0.0737 | - | - | - | -0.5252 | -0.7569 | - |
| Dividend per Share | - | - | 0.0550 | 0.0620 | 0.0550 | - | - | - | - | - |
| Announcement Date | 2/24/20 | 8/26/20 | 2/23/21 | 8/25/21 | 2/23/22 | 8/24/22 | 2/26/23 | 8/27/23 | 2/26/24 | - |
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 75.3 | 53.2 | 66.1 | 34.8 | 49.2 | 29.2 | 14.7 | 2.92 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 51.8 | 67.6 | 43.4 | -14.4 | -37.9 | -19 | -5.77 | 1.67 |
| ROE (net income / shareholders' equity) | 13.4% | 10.4% | 10.6% | -8.42% | -43.9% | -31.5% | -28.9% | -49.3% |
| ROA (Net income/ Total Assets) | 9.52% | 8.18% | 8.45% | -6.03% | -25.8% | -13.9% | -7.85% | -3.85% |
| Assets 1 | 437.1 | 617.3 | 465.8 | 5,885 | 701.5 | 403.2 | 446.1 | 701 |
| Book Value Per Share 2 | 3.980 | 3.970 | 4.400 | 1.780 | 0.6700 | 0.4600 | 0.2600 | 0.0600 |
| Cash Flow per Share 2 | 0.5600 | 0.7600 | 0.6000 | 0.2200 | -0.2500 | -0.0400 | 0.0400 | - |
| Capex | 15.5 | 2.43 | 1.8 | 4.51 | 2.77 | - | - | - |
| Capex / Sales | 2.89% | 0.41% | 0.29% | 0.78% | 0.66% | - | - | - |
| Announcement Date | 2/24/20 | 2/23/21 | 2/23/22 | 2/26/23 | 2/26/24 | - | - | - |
1AUD in Million2AUD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
6
Last Close Price
0.66
AUD
Average target price
0.5117
AUD
Spread / Average Target
-22.47%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +4.76% | 95.43M | |
| -12.23% | 194B | |
| +0.74% | 166B | |
| +2.19% | 153B | |
| +4.34% | 99.85B | |
| +7.04% | 77.56B | |
| +19.09% | 73.55B | |
| -7.30% | 71B | |
| -20.54% | 52.81B | |
| +0.53% | 47.86B |
- Stock Market
- Equities
- APX Stock
- Financials Appen Limited
