AFC Ajax NV
AEX:AJAX

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AFC Ajax NV
AEX:AJAX
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Price: 8.98 EUR 1.13%
Market Cap: €164.6m

Relative Value

The Relative Value of one AJAX stock under the Base Case scenario is 15.62 EUR. Compared to the current market price of 8.98 EUR, AFC Ajax NV is Undervalued by 43%.

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
15.62 EUR
Undervaluation 43%
Relative Value
Price
Worst Case
Base Case
Best Case

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
164.6m EUR 0.9 -4.4 -4.5 -3.7
US
Netflix Inc
NASDAQ:NFLX
321.5B USD 7.1 29.3 10.8 24.4
US
Walt Disney Co
NYSE:DIS
185.2B USD 1.9 15.2 11.4 15.8
LU
Spotify Technology SA
NYSE:SPOT
91.1B USD 4.5 34.7 29.4 30.8
US
Warner Bros Discovery Inc
NASDAQ:WBD
69.4B USD 1.8 142.6 5 56.3
NL
Universal Music Group NV
AEX:UMG
37B EUR 2.5 6.7 7.7 7.7
US
TKO Group Holdings Inc
NYSE:TKO
39.5B USD 9 170.7 28.9 41.3
US
Live Nation Entertainment Inc
NYSE:LYV
35.8B USD 1.5 111.2 18.3 26.9
CN
Tencent Music Entertainment Group
NYSE:TME
23.5B USD 5.1 14.9 15.5 15.5
FR
Bollore SE
PAR:BOL
13.5B EUR 8.7 -8 -12.9 -12.3
US
Warner Music Group Corp
NASDAQ:WMG
15B USD 2.2 50.6 13.7 18.8
P/E Multiple
Earnings Growth PEG
NL
AFC Ajax NV
AEX:AJAX
Average P/E: 64
Negative Multiple: -4.4
N/A N/A
US
Netflix Inc
NASDAQ:NFLX
29.3
21%
1.4
US
Walt Disney Co
NYSE:DIS
15.2
6%
2.5
LU
Spotify Technology SA
NYSE:SPOT
34.7
19%
1.8
US
Warner Bros Discovery Inc
NASDAQ:WBD
142.6
N/A N/A
NL
Universal Music Group NV
AEX:UMG
6.7
2%
3.4
US
TKO Group Holdings Inc
NYSE:TKO
170.7
430%
0.4
US
Live Nation Entertainment Inc
NYSE:LYV
111.2
6%
18.5
CN
Tencent Music Entertainment Group
NYSE:TME
14.9
22%
0.7
FR
Bollore SE
PAR:BOL
Negative Multiple: -8
-39%
N/A
US
Warner Music Group Corp
NASDAQ:WMG
50.6
41%
1.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NL
AFC Ajax NV
AEX:AJAX
Average EV/EBITDA: 15.6
Negative Multiple: -4.5
N/A N/A
US
Netflix Inc
NASDAQ:NFLX
10.8
-7%
N/A
US
Walt Disney Co
NYSE:DIS
11.4
10%
1.1
LU
Spotify Technology SA
NYSE:SPOT
29.4
26%
1.1
US
Warner Bros Discovery Inc
NASDAQ:WBD
5
-25%
N/A
NL
Universal Music Group NV
AEX:UMG
7.7
16%
0.5
US
TKO Group Holdings Inc
NYSE:TKO
28.9
27%
1.1
US
Live Nation Entertainment Inc
NYSE:LYV
18.3
18%
1
CN
Tencent Music Entertainment Group
NYSE:TME
15.5
22%
0.7
FR
Bollore SE
PAR:BOL
Negative Multiple: -12.9 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
13.7
15%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NL
AFC Ajax NV
AEX:AJAX
Average EV/EBIT: 26.4
Negative Multiple: -3.7
N/A N/A
US
Netflix Inc
NASDAQ:NFLX
24.4
20%
1.2
US
Walt Disney Co
NYSE:DIS
15.8
17%
0.9
LU
Spotify Technology SA
NYSE:SPOT
30.8
28%
1.1
US
Warner Bros Discovery Inc
NASDAQ:WBD
56.3
59%
1
NL
Universal Music Group NV
AEX:UMG
7.7
16%
0.5
US
TKO Group Holdings Inc
NYSE:TKO
41.3
35%
1.2
US
Live Nation Entertainment Inc
NYSE:LYV
26.9
13%
2.1
CN
Tencent Music Entertainment Group
NYSE:TME
15.5
23%
0.7
FR
Bollore SE
PAR:BOL
Negative Multiple: -12.3 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
18.8
18%
1