AUSTRALIAN VINTAGE LTD |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.39 AUD | -1.27% |
|
-7.14% | -3.70% |
| Apr. 25 | Australian Vintage 2024 Yield Rises 15% | MT |
| Apr. 02 | Treasury Wine gains on plans to resume distribution in China after import tariffs end | RE |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 135.4 | 115.1 | 224.6 | 171.8 | 101.1 | 98.53 | - | - |
| Enterprise Value (EV) 1 | 207.8 | 239.8 | 267.4 | 246.2 | 223 | 195.7 | 193.7 | 190.6 |
| P/E ratio | 17.2 x | 10.8 x | - | - | 25 x | 11.8 x | 8.6 x | 7.05 x |
| Yield | 4.14% | 6.59% | 3.04% | 5% | 8.5% | 0.8% | 3.27% | 4.93% |
| Capitalization / Revenue | 0.5 x | 0.43 x | 0.82 x | 0.66 x | 0.39 x | 0.38 x | 0.38 x | 0.37 x |
| EV / Revenue | 0.77 x | 0.9 x | 0.98 x | 0.95 x | 0.86 x | 0.76 x | 0.74 x | 0.71 x |
| EV / EBITDA | 7.01 x | 6.74 x | 5.82 x | 5.11 x | 6.81 x | 5.86 x | 5.12 x | 4.62 x |
| EV / FCF | 28 x | 19.9 x | 6.93 x | 61.6 x | -9.5 x | 163 x | 25.8 x | 21.5 x |
| FCF Yield | 3.57% | 5.02% | 14.4% | 1.62% | -10.5% | 0.61% | 3.87% | 4.64% |
| Price to Book | 0.45 x | 0.38 x | - | 0.57 x | 0.35 x | 0.33 x | 0.31 x | 0.3 x |
| Nbr of stocks (in thousands) | 252,637 | 252,637 | 252,637 | 252,637 | 252,638 | 252,638 | - | - |
| Reference price 2 | 0.5361 | 0.4556 | 0.8889 | 0.6800 | 0.4000 | 0.3900 | 0.3900 | 0.3900 |
| Announcement Date | 8/28/19 | 8/26/20 | 8/25/21 | 8/24/22 | 8/25/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 269.2 | 267.1 | 274 | 260.1 | 258.6 | 257.4 | 262.3 | 268.1 |
| EBITDA 1 | 29.64 | 35.6 | 45.93 | 48.2 | 32.77 | 33.42 | 37.86 | 41.25 |
| EBIT 1 | 16.28 | 20.99 | 31.17 | 33.3 | 4.804 | 17.55 | 21.76 | 24.84 |
| Operating Margin | 6.05% | 7.86% | 11.38% | 12.8% | 1.86% | 6.82% | 8.3% | 9.27% |
| Earnings before Tax (EBT) 1 | 12.25 | - | - | - | - | 13.4 | 16.53 | 19.83 |
| Net income 1 | 8.123 | 10.95 | - | 17.3 | 4.009 | 7.167 | 11.57 | 13.9 |
| Net margin | 3.02% | 4.1% | - | 6.65% | 1.55% | 2.78% | 4.41% | 5.18% |
| EPS 2 | 0.0311 | 0.0422 | - | - | 0.0160 | 0.0330 | 0.0453 | 0.0553 |
| Free Cash Flow 1 | 7.416 | 12.04 | 38.61 | 3.998 | -23.48 | 1.2 | 7.5 | 8.85 |
| FCF margin | 2.76% | 4.51% | 14.09% | 1.54% | -9.08% | 0.47% | 2.86% | 3.3% |
| FCF Conversion (EBITDA) | 25.02% | 33.82% | 84.06% | 8.29% | - | 3.59% | 19.81% | 21.46% |
| FCF Conversion (Net income) | 91.3% | 109.91% | - | 23.11% | - | 16.74% | 64.84% | 63.67% |
| Dividend per Share 2 | 0.0222 | 0.0300 | 0.0270 | 0.0340 | 0.0340 | 0.003130 | 0.0127 | 0.0192 |
| Announcement Date | 8/28/19 | 8/26/20 | 8/25/21 | 8/24/22 | 8/25/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2020 S1 | 2021 S1 | 2021 S2 | 2022 S1 | 2023 S1 | 2023 S2 | 2024 S1 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 137 | - | 125.6 | - | - | 121.4 | 136.1 |
| EBITDA 1 | - | - | - | - | - | 4.474 | 14.49 |
| EBIT 1 | 11.77 | - | 10.83 | - | - | - | 6.635 |
| Operating Margin | 8.59% | - | 8.63% | - | - | - | 4.87% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - |
| Net income | - | 13.29 | - | 10 | 12.9 | - | - |
| Net margin | - | - | - | - | - | - | - |
| EPS | - | 0.0522 | - | 0.0400 | 0.0510 | - | - |
| Dividend per Share | - | - | 0.0270 | - | - | - | - |
| Announcement Date | 2/26/20 | 2/24/21 | 8/25/21 | 2/23/22 | 2/23/23 | 8/25/23 | 2/21/24 |
1AUD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 72.4 | 125 | 42.8 | 74.5 | 122 | 97.2 | 95.2 | 92.1 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.441 x | 3.505 x | 0.9328 x | 1.545 x | 3.722 x | 2.908 x | 2.514 x | 2.232 x |
| Free Cash Flow 1 | 7.42 | 12 | 38.6 | 4 | -23.5 | 1.2 | 7.5 | 8.85 |
| ROE (net income / shareholders' equity) | 2.75% | 3.64% | 6.36% | 5.66% | 1.36% | 2.79% | 3.65% | 4.12% |
| ROA (Net income/ Total Assets) | 1.83% | 2.33% | - | 3.55% | 0.82% | 2.06% | 2.67% | 2.97% |
| Assets 1 | 443.4 | 470.2 | - | 487.5 | 489.1 | 348.7 | 432.8 | 467.5 |
| Book Value Per Share 2 | 1.180 | 1.200 | - | 1.190 | 1.150 | 1.200 | 1.240 | 1.280 |
| Cash Flow per Share 2 | 0.0900 | 0.0900 | 0.1600 | 0.0600 | -0.0500 | 0.0600 | 0.0900 | 0.1100 |
| Capex 1 | 16.2 | 10.2 | 6.42 | 11.4 | 10.8 | 8.83 | 9.43 | 9.87 |
| Capex / Sales | 6.01% | 3.82% | 2.34% | 4.36% | 4.16% | 3.43% | 3.6% | 3.68% |
| Announcement Date | 8/28/19 | 8/26/20 | 8/25/21 | 8/24/22 | 8/25/23 | - | - | - |
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
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
0.39
AUD
Average target price
0.47
AUD
Spread / Average Target
+20.51%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -3.70% | 64.26M | |
| +10.67% | 6.31B | |
| +0.17% | 1.8B | |
| +19.62% | 967M | |
| -24.17% | 924M | |
| +8.65% | 803M | |
| +0.41% | 768M | |
| +9.61% | 553M | |
| +6.92% | 417M | |
| -17.24% | 416M |
- Stock Market
- Equities
- AVG Stock
- Financials Australian Vintage Ltd
