AFC Ajax NV
AEX:AJAX

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AFC Ajax NV
AEX:AJAX
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Price: 8.92 EUR -1.11% Market Closed
Market Cap: 163.5m EUR

Relative Value

The Relative Value of one AJAX stock under the Base Case scenario is 15.34 EUR. Compared to the current market price of 8.92 EUR, AFC Ajax NV is Undervalued by 42%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

AJAX Relative Value
Base Case
15.34 EUR
Undervaluation 42%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
96
vs Industry
49
Median 3Y
1.1
Median 5Y
1.2
Industry
1.5
Forward
0.7
vs History
vs Industry
44
Median 3Y
-4.4
Median 5Y
-4.7
Industry
17
Forward
-11.5
vs History
vs Industry
Median 3Y
-11.5
Median 5Y
-17.5
Industry
11
vs History
vs Industry
Median 3Y
-1.4
Median 5Y
-1.8
Industry
15.3
vs History
50
vs Industry
62
Median 3Y
0.8
Median 5Y
0.9
Industry
1.7
vs History
93
vs Industry
41
Median 3Y
1.3
Median 5Y
1.6
Industry
1.6
Forward
0.9
vs History
92
vs Industry
55
Median 3Y
1.5
Median 5Y
1.7
Industry
3.5
vs History
vs Industry
Median 3Y
-4.5
Median 5Y
-4.7
Industry
8.7
Forward
3.7
vs History
vs Industry
Median 3Y
-3.7
Median 5Y
-3.9
Industry
12.5
Forward
-43.3
vs History
vs Industry
Median 3Y
-15.4
Median 5Y
-21.8
Industry
10.5
vs History
vs Industry
Median 3Y
-2.1
Median 5Y
-2.5
Industry
12.6
vs History
50
vs Industry
68
Median 3Y
0.6
Median 5Y
0.6
Industry
1.4

Multiples Across Competitors

AJAX Competitors Multiples
AFC Ajax NV Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NL
AFC Ajax NV
AEX:AJAX
163.5m EUR 0.9 -4.4 -4.5 -3.6
US
Netflix Inc
NASDAQ:NFLX
400B USD 9.2 38.3 14.1 32
US
Walt Disney Co
NYSE:DIS
202.6B USD 2.1 16.3 12.1 16.8
LU
Spotify Technology SA
NYSE:SPOT
119.8B USD 6 72.7 45 47.4
US
Warner Bros Discovery Inc
NASDAQ:WBD
68.8B USD 1.8 141.8 5 56.1
NL
Universal Music Group NV
AEX:UMG
40.5B EUR 2.7 7.2 8.5 8.5
US
TKO Group Holdings Inc
NYSE:TKO
41.6B USD 9.6 182 30.7 43.9
US
Live Nation Entertainment Inc
NYSE:LYV
32.8B USD 1.3 101.7 16.7 24.6
CN
Tencent Music Entertainment Group
NYSE:TME
27.4B USD 6.1 17.9 18.6 18.6
US
Roku Inc
NASDAQ:ROKU
16.1B USD 3.5 -581.2 -172.6 -124.4
US
Warner Music Group Corp
NASDAQ:WMG
15.3B USD 2.3 42.5 14.7 20.7
P/E Multiple
Earnings Growth PEG
NL
AFC Ajax NV
AEX:AJAX
Average P/E: 68.9
Negative Multiple: -4.4
N/A N/A
US
Netflix Inc
NASDAQ:NFLX
38.3
25%
1.5
US
Walt Disney Co
NYSE:DIS
16.3
6%
2.7
LU
Spotify Technology SA
NYSE:SPOT
72.7
42%
1.7
US
Warner Bros Discovery Inc
NASDAQ:WBD
141.8
N/A N/A
NL
Universal Music Group NV
AEX:UMG
7.2
2%
3.6
US
TKO Group Holdings Inc
NYSE:TKO
182
435%
0.4
US
Live Nation Entertainment Inc
NYSE:LYV
101.7
7%
14.5
CN
Tencent Music Entertainment Group
NYSE:TME
17.9
22%
0.8
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -581.2 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
42.5
40%
1.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NL
AFC Ajax NV
AEX:AJAX
Average EV/EBITDA: 18.4
Negative Multiple: -4.5
N/A N/A
US
Netflix Inc
NASDAQ:NFLX
14.1
-7%
N/A
US
Walt Disney Co
NYSE:DIS
12.1
10%
1.2
LU
Spotify Technology SA
NYSE:SPOT
45
40%
1.1
US
Warner Bros Discovery Inc
NASDAQ:WBD
5
-26%
N/A
NL
Universal Music Group NV
AEX:UMG
8.5
16%
0.5
US
TKO Group Holdings Inc
NYSE:TKO
30.7
27%
1.1
US
Live Nation Entertainment Inc
NYSE:LYV
16.7
19%
0.9
CN
Tencent Music Entertainment Group
NYSE:TME
18.6
22%
0.8
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -172.6 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
14.7
14%
1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NL
AFC Ajax NV
AEX:AJAX
Average EV/EBIT: 29.8
Negative Multiple: -3.6
N/A N/A
US
Netflix Inc
NASDAQ:NFLX
32
25%
1.3
US
Walt Disney Co
NYSE:DIS
16.8
17%
1
LU
Spotify Technology SA
NYSE:SPOT
47.4
42%
1.1
US
Warner Bros Discovery Inc
NASDAQ:WBD
56.1
62%
0.9
NL
Universal Music Group NV
AEX:UMG
8.5
16%
0.5
US
TKO Group Holdings Inc
NYSE:TKO
43.9
36%
1.2
US
Live Nation Entertainment Inc
NYSE:LYV
24.6
14%
1.8
CN
Tencent Music Entertainment Group
NYSE:TME
18.6
23%
0.8
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -124.4 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
20.7
18%
1.1