Readytech Holdings Ltd
ASX:RDY

Watchlist Manager
Readytech Holdings Ltd Logo
Readytech Holdings Ltd
ASX:RDY
Watchlist
Price: 2.45 AUD 4.26% Market Closed
Market Cap: 299.2m AUD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one RDY stock under the Base Case scenario is 7.04 AUD. Compared to the current market price of 2.45 AUD, Readytech Holdings Ltd is Undervalued by 65%.

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
7.04 AUD
Undervaluation 65%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.5
P/S
P/S
Price to Sales
2.5
vs History
96
vs Industry
41
Median 3Y
3.7
Median 5Y
3.9
Industry
2.5
Forward
2.4
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
10
Median 3Y
63.6
Median 5Y
61.5
Industry
23.1
Forward
26.8
More Details
10.7
P/OCF
P/OCF
Price to OCF
10.7
vs History
93
vs Industry
43
Median 3Y
13.6
Median 5Y
13.3
Industry
17.3
More Details
29.5
P/FCFE
P/FCFE
Price to FCFE
29.5
vs History
47
vs Industry
21
Median 3Y
33.1
Median 5Y
27.6
Industry
21.7
More Details
2.2
P/B
P/B
Price to Book Value
2.2
vs History
96
vs Industry
49
Median 3Y
2.9
Median 5Y
3.2
Industry
3
More Details
2.8
EV/S
EV/S
Enterprise Value to Sales
2.8
vs History
96
vs Industry
37
Median 3Y
4
Median 5Y
4.3
Industry
2.5
Forward
2.7
More Details
3
EV/GP
EV/GP
Enterprise Value to Gross Profit
3
vs History
96
vs Industry
55
Median 3Y
4.3
Median 5Y
4.6
Industry
5
More Details
25
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
25
vs History
95
vs Industry
18
Median 3Y
37.7
Median 5Y
40.7
Industry
12.7
Forward
8.2
More Details
25
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
25
vs History
95
vs Industry
19
Median 3Y
37.7
Median 5Y
40.7
Industry
16.4
Forward
23.7
More Details
11.9
EV/OCF
EV/OCF
Enterprise Value to OCF
11.9
vs History
90
vs Industry
38
Median 3Y
14.7
Median 5Y
13.7
Industry
15.9
More Details
34.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
34.8
vs History
49
vs Industry
15
Median 3Y
43.1
Median 5Y
33.8
Industry
19.1
More Details
1.5
EV/IC
EV/IC
Enterprise Value to IC
1.5
vs History
96
vs Industry
53
Median 3Y
1.8
Median 5Y
1.9
Industry
2.5
More Details

Multiples Across Competitors

RDY Competitors Multiples
Readytech Holdings Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Readytech Holdings Ltd
ASX:RDY
298m AUD 2.5 -19.4 25 25
DE
SAP SE
XETRA:SAP
298.1B EUR 8.5 52 28.1 32.1
US
Palantir Technologies Inc
NYSE:PLTR
315.1B USD 101.2 552.2 711.4 763.6
US
Salesforce Inc
NYSE:CRM
261.1B USD 6.8 42.1 22.2 31.9
US
Intuit Inc
NASDAQ:INTU
217.9B USD 12 62.8 39.7 46.6
US
NCR Corp
LSE:0K45
175.1B USD 50.9 189.9 547.1 3 902.8
US
Adobe Inc
NASDAQ:ADBE
161.6B USD 7.1 23.5 18.5 20.4
US
Applovin Corp
NASDAQ:APP
115.6B USD 22.5 60.2 42.3 49.7
US
Microstrategy Inc
NASDAQ:MSTR
107.5B USD 234.1 -20.1 -3 360.2 -1 739.7
US
Cadence Design Systems Inc
NASDAQ:CDNS
89.2B USD 18.3 82.5 52.3 59.6
US
Synopsys Inc
NASDAQ:SNPS
85.1B USD 13.7 39.4 51.6 62.3
P/E Multiple
Earnings Growth PEG
AU
Readytech Holdings Ltd
ASX:RDY
Average P/E: 122.7
Negative Multiple: -19.4
61%
N/A
DE
SAP SE
XETRA:SAP
52
50%
1
US
Palantir Technologies Inc
NYSE:PLTR
552.2
73%
7.6
US
Salesforce Inc
NYSE:CRM
42.1
31%
1.4
US
Intuit Inc
NASDAQ:INTU
62.8
36%
1.7
US
N
NCR Corp
LSE:0K45
189.9
-46%
N/A
US
Adobe Inc
NASDAQ:ADBE
23.5
27%
0.9
US
Applovin Corp
NASDAQ:APP
60.2
44%
1.4
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -20.1 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
82.5
33%
2.5
US
Synopsys Inc
NASDAQ:SNPS
39.4
11%
3.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Readytech Holdings Ltd
ASX:RDY
Average EV/EBITDA: 153.8
25
64%
0.4
DE
SAP SE
XETRA:SAP
28.1
19%
1.5
US
Palantir Technologies Inc
NYSE:PLTR
711.4
109%
6.5
US
Salesforce Inc
NYSE:CRM
22.2
24%
0.9
US
Intuit Inc
NASDAQ:INTU
39.7
28%
1.4
US
N
NCR Corp
LSE:0K45
547.1
12%
45.6
US
Adobe Inc
NASDAQ:ADBE
18.5
17%
1.1
US
Applovin Corp
NASDAQ:APP
42.3
42%
1
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -3 360.2 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
52.3
27%
1.9
US
Synopsys Inc
NASDAQ:SNPS
51.6
34%
1.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Readytech Holdings Ltd
ASX:RDY
Average EV/EBIT: 499.4
25
34%
0.7
DE
SAP SE
XETRA:SAP
32.1
21%
1.5
US
Palantir Technologies Inc
NYSE:PLTR
763.6
110%
6.9
US
Salesforce Inc
NYSE:CRM
31.9
33%
1
US
Intuit Inc
NASDAQ:INTU
46.6
37%
1.3
US
N
NCR Corp
LSE:0K45
3 902.8
90%
43.4
US
Adobe Inc
NASDAQ:ADBE
20.4
20%
1
US
Applovin Corp
NASDAQ:APP
49.7
45%
1.1
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 739.7 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
59.6
28%
2.1
US
Synopsys Inc
NASDAQ:SNPS
62.3
39%
1.6

See Also

Summary
RDY intrinsic value, competitors valuation, and company profile.
DCF Valuation
RDY stock valuation using Discount Cash Flow valuation method.
Relative Valuation
RDY stock valuation using valuation multiples.
Wall Street Estimates
RDY 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
RDY 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
Back to Top
ALPHA SPREAD
Follow us
Join more than 265,500+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.