Readytech Holdings Ltd
ASX:RDY

Watchlist Manager
Readytech Holdings Ltd Logo
Readytech Holdings Ltd
ASX:RDY
Watchlist
Price: 2.36 AUD 1.29% Market Closed
Market Cap: 291.6m AUD

Relative Value

The Relative Value of one RDY stock under the Base Case scenario is 7.18 AUD. Compared to the current market price of 2.36 AUD, Readytech Holdings Ltd is Undervalued by 67%.

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.

RDY Relative Value
Base Case
7.18 AUD
Undervaluation 67%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
88
vs Industry
41
Median 3Y
3.5
Median 5Y
3.9
Industry
2.4
Forward
2.2
vs History
vs Industry
10
Median 3Y
63.6
Median 5Y
60.6
Industry
22.5
Forward
27.2
vs History
71
vs Industry
43
Median 3Y
12.4
Median 5Y
13
Industry
16.2
vs History
84
vs Industry
21
Median 3Y
27.6
Median 5Y
26
Industry
20.8
vs History
88
vs Industry
49
Median 3Y
2.8
Median 5Y
3
Industry
3
vs History
88
vs Industry
37
Median 3Y
3.8
Median 5Y
4.3
Industry
2.4
Forward
2.5
vs History
88
vs Industry
55
Median 3Y
4.1
Median 5Y
4.5
Industry
4.9
vs History
90
vs Industry
18
Median 3Y
36.9
Median 5Y
40.2
Industry
12.3
Forward
7.7
vs History
90
vs Industry
19
Median 3Y
36.9
Median 5Y
40.2
Industry
15.8
Forward
19.8
vs History
52
vs Industry
38
Median 3Y
13.4
Median 5Y
13.7
Industry
14.8
vs History
15
vs Industry
15
Median 3Y
50.9
Median 5Y
39.9
Industry
17.4
vs History
88
vs Industry
53
Median 3Y
1.7
Median 5Y
1.9
Industry
2.4

Multiples Across Competitors

RDY Competitors Multiples
Readytech Holdings 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
Readytech Holdings Ltd
ASX:RDY
291.6m AUD 2.4 -18.1 22 22
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
US
Palantir Technologies Inc
NYSE:PLTR
442B USD 111.8 397.6 489.9 505
DE
SAP SE
XETRA:SAP
245.5B EUR 6.8 34.9 21.5 24.3
US
Salesforce Inc
NYSE:CRM
242.5B USD 6.1 34.2 19.9 27.5
US
Applovin Corp
NASDAQ:APP
230.7B USD 41.1 80.2 63.6 69.2
US
Intuit Inc
NASDAQ:INTU
186.2B USD 9.6 45.4 31.4 36.3
US
Adobe Inc
NASDAQ:ADBE
149.9B USD 6.5 21.7 16.4 18
US
NCR Corp
LSE:0K45
134B USD 50.6 -2 197 380.9 1 114.3
US
Cadence Design Systems Inc
NASDAQ:CDNS
88.4B USD 16.9 83 47.1 53.4
US
Synopsys Inc
NASDAQ:SNPS
86.2B USD 13.1 42.1 66.9 86.7
P/S Multiple
Revenue Growth P/S to Growth
AU
Readytech Holdings Ltd
ASX:RDY
Average P/S: 21 288.7
2.4
12%
0.2
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
US
Palantir Technologies Inc
NYSE:PLTR
111.8
46%
2.4
DE
SAP SE
XETRA:SAP
6.8
11%
0.6
US
Salesforce Inc
NYSE:CRM
6.1
9%
0.7
US
Applovin Corp
NASDAQ:APP
41.1
28%
1.5
US
Intuit Inc
NASDAQ:INTU
9.6
13%
0.7
US
Adobe Inc
NASDAQ:ADBE
6.5
10%
0.7
US
N
NCR Corp
LSE:0K45
50.6
-8%
N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
16.9
14%
1.2
US
Synopsys Inc
NASDAQ:SNPS
13.1
21%
0.6
P/E Multiple
Earnings Growth PEG
AU
Readytech Holdings Ltd
ASX:RDY
Average P/E: 92.4
Negative Multiple: -18.1
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
US
Palantir Technologies Inc
NYSE:PLTR
397.6
94%
4.2
DE
SAP SE
XETRA:SAP
34.9
48%
0.7
US
Salesforce Inc
NYSE:CRM
34.2
31%
1.1
US
Applovin Corp
NASDAQ:APP
80.2
61%
1.3
US
Intuit Inc
NASDAQ:INTU
45.4
31%
1.5
US
Adobe Inc
NASDAQ:ADBE
21.7
26%
0.8
US
N
NCR Corp
LSE:0K45
Negative Multiple: -2 197
-49%
N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
83
35%
2.4
US
Synopsys Inc
NASDAQ:SNPS
42.1
13%
3.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Readytech Holdings Ltd
ASX:RDY
Average EV/EBITDA: 116
22
55%
0.4
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
US
Palantir Technologies Inc
NYSE:PLTR
489.9
137%
3.6
DE
SAP SE
XETRA:SAP
21.5
18%
1.2
US
Salesforce Inc
NYSE:CRM
19.9
24%
0.8
US
Applovin Corp
NASDAQ:APP
63.6
52%
1.2
US
Intuit Inc
NASDAQ:INTU
31.4
27%
1.2
US
Adobe Inc
NASDAQ:ADBE
16.4
17%
1
US
N
NCR Corp
LSE:0K45
380.9
16%
23.8
US
Cadence Design Systems Inc
NASDAQ:CDNS
47.1
27%
1.7
US
Synopsys Inc
NASDAQ:SNPS
66.9
44%
1.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Readytech Holdings Ltd
ASX:RDY
Average EV/EBIT: 195.7
22
27%
0.8
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
US
Palantir Technologies Inc
NYSE:PLTR
505
141%
3.6
DE
SAP SE
XETRA:SAP
24.3
21%
1.2
US
Salesforce Inc
NYSE:CRM
27.5
33%
0.8
US
Applovin Corp
NASDAQ:APP
69.2
57%
1.2
US
Intuit Inc
NASDAQ:INTU
36.3
32%
1.1
US
Adobe Inc
NASDAQ:ADBE
18
20%
0.9
US
N
NCR Corp
LSE:0K45
1 114.3
70%
15.9
US
Cadence Design Systems Inc
NASDAQ:CDNS
53.4
30%
1.8
US
Synopsys Inc
NASDAQ:SNPS
86.7
49%
1.8