AFC Ajax NV
AEX:AJAX

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AFC Ajax NV Logo
AFC Ajax NV
AEX:AJAX
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Price: 10 EUR Market Closed
Market Cap: 183.3m EUR
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one AJAX stock under the Base Case scenario is 17.19 EUR. Compared to the current market price of 10 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
17.19 EUR
Undervaluation 42%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.1
P/S
P/S
Price to Sales
1.1
vs History
77
vs Industry
49
Median 3Y
1.2
Median 5Y
1.2
Industry
1.4
Forward
1.1
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
44
Median 3Y
-5.4
Median 5Y
-3.6
Industry
17.5
Forward
-6.5
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
Median 3Y
-15.4
Median 5Y
-17.7
Industry
10.8
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-1.7
Median 5Y
-2.5
Industry
15.7
More Details
0.9
P/B
P/B
Price to Book Value
0.9
vs History
56
vs Industry
62
Median 3Y
0.8
Median 5Y
1
Industry
1.7
More Details
1.3
EV/S
EV/S
Enterprise Value to Sales
1.3
vs History
87
vs Industry
41
Median 3Y
1.5
Median 5Y
1.6
Industry
1.5
Forward
1.2
More Details
1.5
EV/GP
EV/GP
Enterprise Value to Gross Profit
1.5
vs History
82
vs Industry
55
Median 3Y
1.7
Median 5Y
1.8
Industry
3.2
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
Median 3Y
-4.7
Median 5Y
-4.9
Industry
8.5
Forward
6.3
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
Median 3Y
-3.9
Median 5Y
-4
Industry
12.2
Forward
-8.5
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
Median 3Y
-18.4
Median 5Y
-22
Industry
10.2
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-2.3
Median 5Y
-3.6
Industry
13
More Details
0.6
EV/IC
EV/IC
Enterprise Value to IC
0.6
vs History
58
vs Industry
68
Median 3Y
0.6
Median 5Y
0.7
Industry
1.4
More Details

Multiples Across Competitors

AJAX Competitors Multiples
AFC Ajax NV Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
NL
AFC Ajax NV
AEX:AJAX
183.3m EUR 1.1 -3.6 -3.2 -2.8
US
Netflix Inc
NASDAQ:NFLX
485.4B USD 12.1 52.6 18.2 44.1
US
Walt Disney Co
NYSE:DIS
167.3B USD 1.8 29.9 11.1 15.4
LU
Spotify Technology SA
NYSE:SPOT
122.8B USD 7 96 67.3 73.1
NL
Universal Music Group NV
AEX:UMG
47.3B EUR 4 22.7 22.4 27.6
US
Live Nation Entertainment Inc
NYSE:LYV
31B USD 1.3 48.5 17.1 24.5
US
TKO Group Holdings Inc
NYSE:TKO
27.9B USD 21 165.8 80.1 106
CN
Tencent Music Entertainment Group
NYSE:TME
22.6B USD 5.8 24.8 19.8 19.8
US
Warner Bros Discovery Inc
NASDAQ:WBD
20.6B USD 0.5 -1.8 2.5 90.9
FR
Bollore SE
PAR:BOL
15.4B EUR 4.9 8.5 11.8 -34
US
Warner Music Group Corp
NASDAQ:WMG
15.8B USD 2.5 31 15.8 21.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NL
AFC Ajax NV
AEX:AJAX
Average EV/EBITDA: 26.6
Negative Multiple: -3.2 		N/A N/A
US
Netflix Inc
NASDAQ:NFLX
18.2
-10%
N/A
US
Walt Disney Co
NYSE:DIS
11.1
12%
0.9
LU
Spotify Technology SA
NYSE:SPOT
67.3
41%
1.6
NL
Universal Music Group NV
AEX:UMG
22.4
18%
1.2
US
Live Nation Entertainment Inc
NYSE:LYV
17.1
19%
0.9
US
TKO Group Holdings Inc
NYSE:TKO
80.1
59%
1.4
CN
Tencent Music Entertainment Group
NYSE:TME
19.8
25%
0.8
US
Warner Bros Discovery Inc
NASDAQ:WBD
2.5
-23%
N/A
FR
Bollore SE
PAR:BOL
11.8
-22%
N/A
US
Warner Music Group Corp
NASDAQ:WMG
15.8
10%
1.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NL
AFC Ajax NV
AEX:AJAX
Average EV/EBIT: 47
Negative Multiple: -2.8 		N/A N/A
US
Netflix Inc
NASDAQ:NFLX
44.1
21%
2.1
US
Walt Disney Co
NYSE:DIS
15.4
19%
0.8
LU
Spotify Technology SA
NYSE:SPOT
73.1
44%
1.7
NL
Universal Music Group NV
AEX:UMG
27.6
18%
1.5
US
Live Nation Entertainment Inc
NYSE:LYV
24.5
17%
1.4
US
TKO Group Holdings Inc
NYSE:TKO
106
47%
2.3
CN
Tencent Music Entertainment Group
NYSE:TME
19.8
21%
0.9
US
Warner Bros Discovery Inc
NASDAQ:WBD
90.9
56%
1.6
FR
Bollore SE
PAR:BOL
Negative Multiple: -34 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
21.8
13%
1.7

See Also

Summary
AJAX intrinsic value, competitors valuation, and company profile.
DCF Valuation
AJAX stock valuation using Discount Cash Flow valuation method.
Relative Valuation
AJAX stock valuation using valuation multiples.
Wall Street Estimates
AJAX price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
AJAX stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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