Financials Computershare Limited

Equities

CPU

AU000000CPU5

Professional Information Services

Market Closed - Australian S.E. 02:10:44 2024-04-26 am EDT 5-day change 1st Jan Change
27 AUD -1.75% Intraday chart for Computershare Limited -3.30% +10.70%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 6,177 4,945 7,650 10,258 9,401 10,468 - -
Enterprise Value (EV) 1 7,554 6,579 8,702 11,779 10,793 11,358 11,276 11,222
P/E ratio 14.9 x 21.3 x 37.5 x 45.2 x 21.2 x 23.4 x 15.9 x 15.3 x
Yield 2.63% 3.6% 2.67% 1.23% 4.5% 3.64% 3.87% 3.98%
Capitalization / Revenue 2.5 x 2.17 x 3.28 x 4 x 2.94 x 3.24 x 3.52 x 3.48 x
EV / Revenue 3.06 x 2.89 x 3.73 x 4.59 x 3.37 x 3.52 x 3.79 x 3.73 x
EV / EBITDA 11.2 x 10.2 x 13.9 x 16.4 x 8.87 x 9 x 9.51 x 9.47 x
EV / FCF 32.7 x 11.3 x 30 x 26.1 x 19.3 x 14.8 x 16.1 x 15.6 x
FCF Yield 3.06% 8.89% 3.34% 3.84% 5.18% 6.75% 6.2% 6.4%
Price to Book 3.93 x 3.11 x 3.36 x 4.68 x 4.39 x 5.1 x 4.95 x 4.48 x
Nbr of stocks (in thousands) 542,956 540,880 603,729 603,729 603,729 594,493 - -
Reference price 2 11.38 9.142 12.67 16.99 15.57 17.61 17.61 17.61
Announcement Date 8/13/19 8/11/20 8/10/21 8/9/22 8/15/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,469 2,277 2,334 2,565 3,201 3,227 2,973 3,012
EBITDA 1 674.9 646.4 628.2 720.2 1,216 1,262 1,186 1,185
EBIT 1 590.1 498 446.1 531.1 1,033 1,107 1,084 1,087
Operating Margin 23.9% 21.87% 19.11% 20.7% 32.26% 34.3% 36.47% 36.1%
Earnings before Tax (EBT) 1 528.4 324.4 270.1 309.4 617.7 682.4 917.4 952
Net income 1 415.7 232.7 189 227.7 444.7 423 623.8 629.1
Net margin 16.84% 10.22% 8.1% 8.88% 13.89% 13.11% 20.98% 20.89%
EPS 2 0.7642 0.4297 0.3376 0.3762 0.7350 0.7535 1.105 1.148
Free Cash Flow 1 231.1 584.8 290.3 451.7 559.1 766.5 699.4 717.6
FCF margin 9.36% 25.68% 12.44% 17.61% 17.47% 23.75% 23.52% 23.83%
FCF Conversion (EBITDA) 34.25% 90.47% 46.22% 62.72% 45.97% 60.73% 58.98% 60.58%
FCF Conversion (Net income) 55.6% 251.34% 153.64% 198.42% 125.73% 181.2% 112.12% 114.08%
Dividend per Share 2 0.2987 0.3294 0.3378 0.2091 0.7000 0.6410 0.6814 0.7002
Announcement Date 8/13/19 8/11/20 8/10/21 8/9/22 8/15/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2 2026 S1 2026 S2
Net sales 1 1,121 1,156 1,088 1,220 1,172 1,408 1,564 1,696 1,600 1,599 1,496 1,556 1,400 1,483
EBITDA 1 336.6 309.7 276.5 350.5 314.4 405.8 549.3 676 621.7 641.7 - - - -
EBIT 1 265.9 232.2 190.3 255.3 221.4 309.7 440.7 591.8 546 575.1 509.3 540.1 514.6 578.9
Operating Margin 23.71% 20.08% 17.49% 20.92% 18.9% 22% 28.17% 34.9% 34.12% 35.98% 34.04% 34.71% 36.77% 39.03%
Earnings before Tax (EBT) 1 - - - - - 178 - - - 490.3 - - - -
Net income 1 124.7 108 72.6 116.4 92.06 135.6 177.1 267.6 105.2 298.7 - - - -
Net margin 11.12% 9.34% 6.67% 9.54% 7.86% 9.63% 11.32% 15.78% 6.58% 18.69% - - - -
EPS 2 0.2300 0.1997 0.1341 0.2035 0.1522 0.2240 0.2926 0.4424 0.5480 0.5300 - - - -
Dividend per Share 2 0.1545 0.1647 0.1775 0.1689 0.1708 0.1673 0.3000 0.4000 0.4000 0.4535 - - - -
Announcement Date 2/11/20 8/11/20 2/9/21 8/10/21 2/8/22 8/9/22 2/14/23 8/15/23 2/13/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,377 1,635 1,053 1,520 1,392 890 808 754
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.041 x 2.529 x 1.675 x 2.111 x 1.145 x 0.7051 x 0.6814 x 0.6366 x
Free Cash Flow 1 231 585 290 452 559 766 699 718
ROE (net income / shareholders' equity) 26.5% 19.2% 14.7% 15.7% 20.7% 32.3% 36.5% 35.5%
ROA (Net income/ Total Assets) 9.7% 6.28% 5.54% 6.17% 7.29% 11.1% 12.5% 13.1%
Assets 1 4,287 3,704 3,411 3,691 6,102 3,813 4,971 4,800
Book Value Per Share 2 2.900 2.940 3.770 3.630 3.540 3.450 3.560 3.930
Cash Flow per Share 2 0.5300 1.120 0.5500 0.8200 0.9900 1.280 1.150 1.100
Capex 1 55.6 24 16.3 42.8 41.9 40.6 41.1 41.7
Capex / Sales 2.25% 1.06% 0.7% 1.67% 1.31% 1.26% 1.38% 1.38%
Announcement Date 8/13/19 8/11/20 8/10/21 8/9/22 8/15/23 - - -
1USD in Million2USD
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
13
Last Close Price
17.61 USD
Average target price
18.54 USD
Spread / Average Target
+5.27%
Consensus
  1. Stock Market
  2. Equities
  3. CPU Stock
  4. Financials Computershare Limited