Aurizon Holdings Ltd
ASX:AZJ

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Aurizon Holdings Ltd
ASX:AZJ
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Price: 4.115 AUD 0.61% Market Closed
Market Cap: AU$6.9B

EV/EBITDA

13.3
Current
11%
More Expensive
vs 3-y average of 11.9

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
13.3
=
Enterprise Value
AU$11.1B
/
EBITDA
AU$829m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
13.3
=
Enterprise Value
AU$11.1B
/
EBITDA
AU$829m

Valuation Scenarios

Aurizon Holdings Ltd is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (11.9), the stock would be worth AU$3.7 (10% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-12%
Maximum Upside
+24%
Average Downside
1%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 13.3 AU$4.12
0%
3-Year Average 11.9 AU$3.7
-10%
5-Year Average 11.6 AU$3.6
-12%
Industry Average 12.5 AU$3.89
-6%
Country Average 16.5 AU$5.12
+24%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
AU$11.1B
/
Jan 2026
AU$829m
=
13.3
Current
AU$11.1B
/
Jun 2026
AU$1.7B
=
6.4
Forward
AU$11.1B
/
Jun 2027
AU$1.8B
=
6.1
Forward
AU$11.1B
/
Jun 2028
AU$1.7B
=
6.4
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
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Market Distribution

In line with most companies in Australia
Percentile
41st
Based on 1 243 companies
41st percentile
13.3
Low
0 — 10
Typical Range
10 — 24.5
High
24.5 —
Distribution Statistics
Australia
Min 0
30th Percentile 10
Median 16.5
70th Percentile 24.5
Max 6 797.5

Aurizon Holdings Ltd
Glance View

Aurizon Holdings Ltd, Australia's largest rail freight operator, is the linchpin of the country’s transportation network, weaving essential routes across the vast Australian landscape. Established from the former government entity, QR National, Aurizon has become synonymous with moving Australia's abundant natural resources. Its primary business involves the transportation of coal from mines in the resource-rich hinterlands of Queensland and New South Wales to bustling coastal ports. By forming strategic partnerships with key mining companies, Aurizon ensures these commodities are efficiently transferred from the sprawling outback to global markets. The company operates both track infrastructure and freight services, generating revenue through access fees charged to operators using its extensive network, as well as from direct haulage services. Apart from coal, Aurizon’s diversified freight portfolio includes iron ore, agricultural goods, and industrial products, highlighting its pivotal role in connecting various sectors of the Australian economy. The company has invested heavily in modernizing its locomotive fleet and rail infrastructure, enabling it to enhance operational efficiency and reliability. These strategic advancements help Aurizon maintain a competitive advantage in the sector. Additionally, its network expansion and technology integration are critical in optimizing transport operations, ultimately contributing to consistent revenue streams. While environmental concerns and fluctuating commodity prices present challenges, Aurizon’s expertise in logistics and keen focus on sustainability initiatives continue to solidify its position as a leader in Australia's rail freight industry.

AZJ Intrinsic Value
4.52 AUD
Undervaluation 9%
Intrinsic Value
Price AU$4.115
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