Appen Ltd
ASX:APX

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Appen Ltd
ASX:APX
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Price: 0.7 AUD 1.45% Market Closed
Market Cap: 185.9m AUD

Relative Value

The Relative Value of one APX stock under the Base Case scenario is 1.69 AUD. Compared to the current market price of 0.7 AUD, Appen Ltd is Undervalued by 59%.

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.

APX Relative Value
Base Case
1.69 AUD
Undervaluation 59%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
76
vs Industry
75
Median 3Y
0.6
Median 5Y
0.8
Industry
2.4
Forward
0.5
vs History
vs Industry
Median 3Y
-1.1
Median 5Y
-0.6
Industry
22.5
Forward
-8.1
vs History
7
vs Industry
52
Median 3Y
6.3
Median 5Y
12.7
Industry
16.2
vs History
vs Industry
Median 3Y
-8.2
Median 5Y
-6.6
Industry
20.8
vs History
71
vs Industry
61
Median 3Y
1.4
Median 5Y
1.7
Industry
3
vs History
80
vs Industry
77
Median 3Y
0.5
Median 5Y
0.7
Industry
2.4
Forward
0.3
vs History
84
vs Industry
79
Median 3Y
1
Median 5Y
1.6
Industry
4.9
vs History
vs Industry
59
Median 3Y
-4.2
Median 5Y
-1.1
Industry
12.3
Forward
12.2
vs History
vs Industry
54
Median 3Y
-4.2
Median 5Y
-1.1
Industry
15.8
Forward
-3.3
vs History
7
vs Industry
58
Median 3Y
4.5
Median 5Y
11.7
Industry
14.8
vs History
vs Industry
52
Median 3Y
-7.2
Median 5Y
-1.4
Industry
17.4
vs History
68
vs Industry
60
Median 3Y
1.1
Median 5Y
1.4
Industry
2.4

Multiples Across Competitors

APX Competitors Multiples
Appen 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
Appen Ltd
ASX:APX
185.4m AUD 0.5 -5.7 -3 -3
US
International Business Machines Corp
NYSE:IBM
288.1B USD 4.4 36.4 22.3 31.3
IE
Accenture PLC
NYSE:ACN
169B USD 2.4 22 12.2 15
IN
Tata Consultancy Services Ltd
NSE:TCS
11.7T INR 4.5 23.6 16.3 17.7
IN
Infosys Ltd
NSE:INFY
6.6T INR 3.9 23.6 15.4 17.5
IN
HCL Technologies Ltd
NSE:HCLTECH
4.5T INR 3.7 26.7 16.4 19.6
JP
Fujitsu Ltd
TSE:6702
7.5T JPY 2.2 20 16.2 25.1
JP
NEC Corp
TSE:6701
7.4T JPY 2.1 31.4 15 22.1
US
Cognizant Technology Solutions Corp
NASDAQ:CTSH
40.5B USD 1.9 19.1 10.1 11.8
JP
NTT Data Corp
TSE:9613
5.6T JPY 1.2 39.1 9.9 21.1
JP
NTT Data Group Corp
DUS:NT5
30.3B EUR 1.2 38.9 9.9 21.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Appen Ltd
ASX:APX
Average EV/EBITDA: 14.4
Negative Multiple: -3
N/A N/A
US
International Business Machines Corp
NYSE:IBM
22.3
15%
1.5
IE
Accenture PLC
NYSE:ACN
12.2
6%
2
IN
Tata Consultancy Services Ltd
NSE:TCS
16.3
7%
2.3
IN
Infosys Ltd
NSE:INFY
15.4
8%
1.9
IN
HCL Technologies Ltd
NSE:HCLTECH
16.4
8%
2
JP
Fujitsu Ltd
TSE:6702
16.2
13%
1.2
JP
NEC Corp
TSE:6701
15
14%
1.1
US
Cognizant Technology Solutions Corp
NASDAQ:CTSH
10.1
8%
1.3
JP
NTT Data Corp
TSE:9613
9.9
12%
0.8
JP
N
NTT Data Group Corp
DUS:NT5
9.9
12%
0.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Appen Ltd
ASX:APX
Average EV/EBIT: 20.2
Negative Multiple: -3
N/A N/A
US
International Business Machines Corp
NYSE:IBM
31.3
20%
1.6
IE
Accenture PLC
NYSE:ACN
15
7%
2.1
IN
Tata Consultancy Services Ltd
NSE:TCS
17.7
7%
2.5
IN
Infosys Ltd
NSE:INFY
17.5
9%
1.9
IN
HCL Technologies Ltd
NSE:HCLTECH
19.6
9%
2.2
JP
Fujitsu Ltd
TSE:6702
25.1
N/A N/A
JP
NEC Corp
TSE:6701
22.1
14%
1.6
US
Cognizant Technology Solutions Corp
NASDAQ:CTSH
11.8
8%
1.5
JP
NTT Data Corp
TSE:9613
21.1
N/A N/A
JP
N
NTT Data Group Corp
DUS:NT5
21.1
N/A N/A