Altium Ltd
ASX:ALU

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Altium Ltd
ASX:ALU
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Price: 68.33 AUD
Market Cap: 9B AUD
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Relative Value

The Relative Value of one ALU stock under the Base Case scenario is 41.25 AUD. Compared to the current market price of 68.33 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
41.25 AUD
Overvaluation 40%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

20
P/S
P/S
Price to Sales
20
vs History
3
vs Industry
4
Median 3Y
15.2
Median 5Y
16.4
Industry
2.4
Forward
17.7
More Details
80.9
P/E
P/E
Price to Earnings
80.9
vs History
22
vs Industry
7
Median 3Y
54.5
Median 5Y
57.1
Industry
23.2
Forward
70.1
More Details
124.2
P/OCF
P/OCF
Price to OCF
124.2
vs History
3
vs Industry
3
Median 3Y
58.7
Median 5Y
52
Industry
17.4
More Details
150.6
P/FCFE
P/FCFE
Price to FCFE
150.6
vs History
3
vs Industry
4
Median 3Y
66.9
Median 5Y
59.7
Industry
21.3
More Details
17.9
P/B
P/B
Price to Book Value
17.9
vs History
3
vs Industry
4
Median 3Y
12.6
Median 5Y
13.7
Industry
2.9
More Details
19.4
EV/S
EV/S
Enterprise Value to Sales
19.4
vs History
3
vs Industry
5
Median 3Y
14.3
Median 5Y
15.6
Industry
2.4
Forward
17.2
More Details
19.5
EV/GP
EV/GP
Enterprise Value to Gross Profit
19.5
vs History
12
vs Industry
9
Median 3Y
14.5
Median 5Y
16.4
Industry
4.9
More Details
61.8
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
61.8
vs History
19
vs Industry
7
Median 3Y
46.4
Median 5Y
55.4
Industry
12.9
Forward
49
More Details
61.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
61.8
vs History
19
vs Industry
7
Median 3Y
46.4
Median 5Y
55.4
Industry
16.5
Forward
55.7
More Details
120.4
EV/OCF
EV/OCF
Enterprise Value to OCF
120.4
vs History
3
vs Industry
4
Median 3Y
55.7
Median 5Y
50.2
Industry
16.3
More Details
136.1
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
136.1
vs History
3
vs Industry
3
Median 3Y
58.1
Median 5Y
54.7
Industry
19
More Details
22.9
EV/IC
EV/IC
Enterprise Value to IC
22.9
vs History
4
vs Industry
3
Median 3Y
20.1
Median 5Y
17.8
Industry
2.5
More Details

Multiples Across Competitors

ALU Competitors Multiples
Altium Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Altium Ltd
ASX:ALU
9B AUD 20 80.9 61.8 61.8
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
US
Salesforce Inc
NYSE:CRM
328.5B USD 8.8 55.4 29.8 44.2
DE
SAP SE
XETRA:SAP
276.2B EUR 8.3 97.4 30.3 35.3
US
Adobe Inc
NASDAQ:ADBE
196.8B USD 9.2 35.4 24.3 24.9
US
NCR Corp
LSE:0K45
187.9B USD 27.5 396.5 375.7 1 133.9
US
Intuit Inc
NASDAQ:INTU
180.2B USD 10.9 61.7 39.5 47.7
US
Palantir Technologies Inc
NYSE:PLTR
182.8B USD 69.1 383.6 448.2 488.2
US
Applovin Corp
NASDAQ:APP
114.4B USD 26.7 99.5 59.4 76.4
US
Cadence Design Systems Inc
NASDAQ:CDNS
82.7B USD 19 79.6 56.8 64.9
US
Synopsys Inc
NASDAQ:SNPS
75.6B USD 12.4 50.5 42.8 49.9
P/S Multiple
Revenue Growth P/S to Growth
AU
Altium Ltd
ASX:ALU
Average P/S: 21 283.9
20
67%
0.3
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
US
Salesforce Inc
NYSE:CRM
8.8
31%
0.3
DE
SAP SE
XETRA:SAP
8.3
37%
0.2
US
Adobe Inc
NASDAQ:ADBE
9.2
35%
0.3
US
N
NCR Corp
LSE:0K45
27.5
-40%
N/A
US
Intuit Inc
NASDAQ:INTU
10.9
44%
0.2
US
Palantir Technologies Inc
NYSE:PLTR
69.1
93%
0.7
US
Applovin Corp
NASDAQ:APP
26.7
106%
0.3
US
Cadence Design Systems Inc
NASDAQ:CDNS
19
47%
0.4
US
Synopsys Inc
NASDAQ:SNPS
12.4
34%
0.4
P/E Multiple
Earnings Growth P/E to Growth
AU
Altium Ltd
ASX:ALU
Average P/E: 134
80.9
87%
0.9
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
US
Salesforce Inc
NYSE:CRM
55.4
197%
0.3
DE
SAP SE
XETRA:SAP
97.4
41%
2.4
US
Adobe Inc
NASDAQ:ADBE
35.4
109%
0.3
US
N
NCR Corp
LSE:0K45
396.5
N/A N/A
US
Intuit Inc
NASDAQ:INTU
61.7
145%
0.4
US
Palantir Technologies Inc
NYSE:PLTR
383.6
533%
0.7
US
Applovin Corp
NASDAQ:APP
99.5
645%
0.2
US
Cadence Design Systems Inc
NASDAQ:CDNS
79.6
111%
0.7
US
Synopsys Inc
NASDAQ:SNPS
50.5
119%
0.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Altium Ltd
ASX:ALU
Average EV/EBITDA: 116.8
61.8
94%
0.7
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
US
Salesforce Inc
NYSE:CRM
29.8
90%
0.3
DE
SAP SE
XETRA:SAP
30.3
71%
0.4
US
Adobe Inc
NASDAQ:ADBE
24.3
82%
0.3
US
N
NCR Corp
LSE:0K45
375.7
-29%
N/A
US
Intuit Inc
NASDAQ:INTU
39.5
111%
0.4
US
Palantir Technologies Inc
NYSE:PLTR
448.2
1 004%
0.4
US
Applovin Corp
NASDAQ:APP
59.4
261%
0.2
US
Cadence Design Systems Inc
NASDAQ:CDNS
56.8
102%
0.6
US
Synopsys Inc
NASDAQ:SNPS
42.8
114%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Altium Ltd
ASX:ALU
Average EV/EBIT: 202.7
61.8
83%
0.7
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
US
Salesforce Inc
NYSE:CRM
44.2
170%
0.3
DE
SAP SE
XETRA:SAP
35.3
86%
0.4
US
Adobe Inc
NASDAQ:ADBE
24.9
79%
0.3
US
N
NCR Corp
LSE:0K45
1 133.9
120%
9.5
US
Intuit Inc
NASDAQ:INTU
47.7
152%
0.3
US
Palantir Technologies Inc
NYSE:PLTR
488.2
1 184%
0.4
US
Applovin Corp
NASDAQ:APP
76.4
425%
0.2
US
Cadence Design Systems Inc
NASDAQ:CDNS
64.9
112%
0.6
US
Synopsys Inc
NASDAQ:SNPS
49.9
131%
0.4

See Also

Summary
ALU intrinsic value, competitors valuation, and company profile.
DCF Valuation
ALU stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ALU stock valuation using valuation multiples.
Wall Street Estimates
ALU 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
ALU 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
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