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Altium Ltd
ASX:ALU

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Altium Ltd
ASX:ALU
Watchlist
Price: 65.4 AUD -0.08% Market Closed
Updated: Apr 29, 2024

Relative Value

The Relative Value of one ALU stock under the Base Case scenario is 39.12 AUD. Compared to the current market price of 65.4 AUD, Altium Ltd is Overvalued by 40%.

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.

ALU Relative Value
Base Case
39.12 AUD
Overvaluation 40%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
6
vs Industry
5
Median 3Y
15.2
Median 5Y
16.5
Industry
2.3
Forward
17.7
vs History
19
vs Industry
8
Median 3Y
52.7
Median 5Y
57.3
Industry
24.3
Forward
70.5
vs History
0
vs Industry
4
Median 3Y
49.2
Median 5Y
49.1
Industry
17.2
vs History
0
vs Industry
5
Median 3Y
58.7
Median 5Y
54.8
Industry
22
vs History
6
vs Industry
5
Median 3Y
12.4
Median 5Y
13.9
Industry
2.7
vs History
6
vs Industry
5
Median 3Y
14.5
Median 5Y
15.8
Industry
2.3
Forward
17.2
vs History
22
vs Industry
10
Median 3Y
14.6
Median 5Y
15.6
Industry
4.8
vs History
22
vs Industry
7
Median 3Y
46.7
Median 5Y
51.7
Industry
13.3
Forward
49.1
vs History
22
vs Industry
8
Median 3Y
46.7
Median 5Y
51.7
Industry
16.8
Forward
54.8
vs History
0
vs Industry
4
Median 3Y
47.7
Median 5Y
47.2
Industry
15.7
vs History
0
vs Industry
4
Median 3Y
51.1
Median 5Y
50.9
Industry
18.5
vs History
1
vs Industry
4
Median 3Y
18.5
Median 5Y
17.1
Industry
2.4

Multiples Across Competitors

ALU Competitors Multiples
Altium Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Altium Ltd
ASX:ALU
8.6B AUD 20 80.8 61.8 61.8
US
Ezenia! Inc
OTC:EZEN
789.1B USD 325 533 -251 383.2 -254 217.5 -246 745.2
US
Advant-e Corp
OTC:ADVC
670.7B USD 66 369.3 335 223.2 201 163.8 221 259.6
US
Salesforce Inc
NYSE:CRM
266.3B USD 7.6 64.4 26.2 43.4
US
Adobe Inc
NASDAQ:ADBE
216.3B USD 10.9 45.1 27 30.4
DE
SAP SE
XETRA:SAP
203.1B EUR 6.5 33.1 25.3 30.6
US
Intuit Inc
NASDAQ:INTU
178.2B USD 11.8 64.4 43.1 52.6
US
Synopsys Inc
NASDAQ:SNPS
82.9B USD 13.5 58.9 49.1 58
US
Cadence Design Systems Inc
NASDAQ:CDNS
76.7B USD 18.8 73.3 56.7 63.9
US
Workday Inc
NASDAQ:WDAY
66.2B USD 9.1 48 132.1 335.6
CA
Constellation Software Inc
TSX:CSU
77B CAD 6.7 99.8 26.1 48.5
EV/EBITDA Multiple
EBITDA Growth
AU
Altium Ltd
ASX:ALU
Average EV/EBITDA: 20 161.1
61.8
97%
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -254 217.5 N/A
US
A
Advant-e Corp
OTC:ADVC
201 163.8
N/A
US
Salesforce Inc
NYSE:CRM
26.2
95%
US
Adobe Inc
NASDAQ:ADBE
27
69%
DE
SAP SE
XETRA:SAP
25.3
64%
US
Intuit Inc
NASDAQ:INTU
43.1
123%
US
Synopsys Inc
NASDAQ:SNPS
49.1
130%
US
Cadence Design Systems Inc
NASDAQ:CDNS
56.7
107%
US
Workday Inc
NASDAQ:WDAY
132.1
650%
CA
Constellation Software Inc
TSX:CSU
26.1
N/A
EV/EBIT Multiple
EBIT Growth
AU
Altium Ltd
ASX:ALU
Average EV/EBIT: 22 198.4
61.8
85%
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -246 745.2 N/A
US
A
Advant-e Corp
OTC:ADVC
221 259.6
N/A
US
Salesforce Inc
NYSE:CRM
43.4
179%
US
Adobe Inc
NASDAQ:ADBE
30.4
79%
DE
SAP SE
XETRA:SAP
30.6
79%
US
Intuit Inc
NASDAQ:INTU
52.6
166%
US
Synopsys Inc
NASDAQ:SNPS
58
144%
US
Cadence Design Systems Inc
NASDAQ:CDNS
63.9
123%
US
Workday Inc
NASDAQ:WDAY
335.6
1 554%
CA
Constellation Software Inc
TSX:CSU
48.5
N/A

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