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WarrenAI
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Aspen Pharmacare Holdings Ltd
JSE:APN
南非 / 保健 / 製藥
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R
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股息
財報
模型
財務狀況
比較
穩健度
圖表
5 年 DCF EBITDA 退出價
股價
125.68
ZAR
公允價值
176.01
ZAR
Metrics
Range
Conclusion
Discount Rate
8.8% - 7.8%
8.3%
Terminal EBITDA Multiple
7.4x - 9.4x
8.4x
Fair Value
R149.37 - R203.62
R176.01
Upside
21.3% - 65.3%
42.9%
3.2%
Revenue 5y CAGR
26.3%
5y Avg EBITDA Margin
11.7%
Unlevered FCF 5y CAGR
5-Year DCF Model: EBITDA Exit
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儲存
股價
125.68
ZAR
公允價值
176.01
ZAR
看漲
42.9%
Revenue and EBITDA
CapEx
Working Capital
D&A
Tax Rate
Discount Rate
Terminal Value
Select Revenue and EBITDA Forecast
(ZAR in millions)
Input Projections
Fiscal Years Ending
Jun-24
Jun-25
Jun-26
Jun-27
Jun-28
Jun-29
Revenue
44,706
43,478
46,966
49,685
51,424
52,453
% Growth
9.8%
-2.7%
8.0%
5.8%
3.5%
2.0%
EBITDA
10,301
10,801
12,079
13,435
13,905
14,183
% of Revenue
23.0%
24.8%
25.7%
27.0%
27.0%
27.0%
支援算式
Calculation of Free Cash Flow
Discounting Periods
Discounting Factors
Calculation of Enterprise Value
Equity Waterfall
Historical Financials
Current Trading Multiples
Calculation of Free Cash Flow
Projected Unlevered Cash Flow
(ZAR in millions)
Jun-25
Jun-26
Jun-27
Jun-28
Jun-29
EBITDA
10,801
12,079
13,435
13,905
14,183
Other Income / (Exp)
0
0
0
0
0
D&A
(2,512)
(2,562)
(2,626)
(4,128)
(4,261)
EBIT
8,290
9,517
10,809
9,777
9,922
Pro forma Taxes
(1,741)
(1,999)
(2,270)
(2,053)
(2,084)
NOPAT
7,025
6,549
7,519
8,539
7,724
7,838
Capital Expenditures
(3,117)
(4,600)
(4,155)
(4,300)
(4,991)
(5,486)
NWC Investment
(1,770)
544
(1,544)
(1,204)
(770)
(455)
(+) D&A
1,409
2,512
2,562
2,626
4,128
4,261
Free Cash Flow
3,547
5,004
4,381
5,661
6,091
6,158
% Growth
41%
-12%
29%
8%
1%
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