Polynovo Ltd
ASX:PNV

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Polynovo Ltd
ASX:PNV
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Price: 2.065 AUD 0.73% Market Closed
Market Cap: 1.4B AUD
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Relative Value

The Relative Value of one PNV stock under the Base Case scenario is 0.909 AUD. Compared to the current market price of 2.065 AUD, Polynovo Ltd is Overvalued by 56%.

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.

PNV Relative Value
Base Case
0.909 AUD
Overvaluation 56%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
96
vs Industry
8
Median 3Y
18.1
Median 5Y
25.8
Industry
2.3
Forward
10.3
vs History
26
vs Industry
0
Median 3Y
264.4
Median 5Y
-241.6
Industry
23
Forward
147.3
vs History
17
vs Industry
Median 3Y
-389.7
Median 5Y
-418.2
Industry
14.3
vs History
vs Industry
29
Median 3Y
-154.7
Median 5Y
-176.1
Industry
20
vs History
82
vs Industry
2
Median 3Y
22.3
Median 5Y
44.5
Industry
2.2
vs History
96
vs Industry
7
Median 3Y
18
Median 5Y
25.7
Industry
2.4
Forward
10.1
vs History
96
vs Industry
8
Median 3Y
19.1
Median 5Y
27.2
Industry
5
vs History
7
vs Industry
Median 3Y
-300
Median 5Y
-420.7
Industry
12.9
Forward
106.1
vs History
7
vs Industry
Median 3Y
-300
Median 5Y
-420.7
Industry
17.4
Forward
133.5
vs History
17
vs Industry
Median 3Y
-380.1
Median 5Y
-418.2
Industry
14
vs History
7
vs Industry
Median 3Y
-222.2
Median 5Y
-222.2
Industry
18.2
vs History
85
vs Industry
2
Median 3Y
28.1
Median 5Y
32.9
Industry
1.9

Multiples Across Competitors

PNV Competitors Multiples
Polynovo 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
Polynovo Ltd
ASX:PNV
1.4B AUD 13.6 270.9 508.6 508.6
JP
Hoya Corp
TSE:7741
7T JPY 8.6 35.9 23.7 28.5
CH
Alcon AG
SIX:ALC
38.2B CHF 4.3 36.2 17.8 34.4
DK
Coloplast A/S
CSE:COLO B
177.1B DKK 6.6 35.1 22.6 26.6
US
Align Technology Inc
NASDAQ:ALGN
16.3B USD 4.1 36.8 18.6 22.4
KR
HLB Inc
KOSDAQ:028300
10.3T KRW 198.6 -55.5 -85.5 -80.6
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
51B CNY 11.5 27.6 23.9 23.9
US
Lantheus Holdings Inc
NASDAQ:LNTH
6.7B USD 4.5 15.8 10.9 12.4
CA
Bausch + Lomb Corp
NYSE:BLCO
6.3B USD 1.3 -17.1 16.6 55.6
UK
ConvaTec Group PLC
LSE:CTEC
4.6B GBP 2.6 37.1 264.5 462
US
Merit Medical Systems Inc
NASDAQ:MMSI
5.6B USD 4.2 46.5 23.2 38.1
P/E Multiple
Earnings Growth PEG
AU
Polynovo Ltd
ASX:PNV
Average P/E: 60.2
270.9
89%
3
JP
Hoya Corp
TSE:7741
35.9
15%
2.4
CH
Alcon AG
SIX:ALC
36.2
27%
1.3
DK
Coloplast A/S
CSE:COLO B
35.1
15%
2.3
US
Align Technology Inc
NASDAQ:ALGN
36.8
26%
1.4
KR
H
HLB Inc
KOSDAQ:028300
Negative Multiple: -55.5 N/A N/A
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
27.6
24%
1.1
US
Lantheus Holdings Inc
NASDAQ:LNTH
15.8
19%
0.8
CA
Bausch + Lomb Corp
NYSE:BLCO
Negative Multiple: -17.1 N/A N/A
UK
ConvaTec Group PLC
LSE:CTEC
37.1
46%
0.8
US
Merit Medical Systems Inc
NASDAQ:MMSI
46.5
37%
1.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Polynovo Ltd
ASX:PNV
Average EV/EBITDA: 93
508.6
158%
3.2
JP
Hoya Corp
TSE:7741
23.7
15%
1.6
CH
Alcon AG
SIX:ALC
17.8
10%
1.8
DK
Coloplast A/S
CSE:COLO B
22.6
11%
2.1
US
Align Technology Inc
NASDAQ:ALGN
18.6
15%
1.2
KR
H
HLB Inc
KOSDAQ:028300
Negative Multiple: -85.5 N/A N/A
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
23.9
27%
0.9
US
Lantheus Holdings Inc
NASDAQ:LNTH
10.9
11%
1
CA
Bausch + Lomb Corp
NYSE:BLCO
16.6
22%
0.8
UK
ConvaTec Group PLC
LSE:CTEC
264.5
12%
22
US
Merit Medical Systems Inc
NASDAQ:MMSI
23.2
22%
1.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Polynovo Ltd
ASX:PNV
Average EV/EBIT: 121.3
508.6
157%
3.2
JP
Hoya Corp
TSE:7741
28.5
N/A N/A
CH
Alcon AG
SIX:ALC
34.4
27%
1.3
DK
Coloplast A/S
CSE:COLO B
26.6
12%
2.2
US
Align Technology Inc
NASDAQ:ALGN
22.4
17%
1.3
KR
H
HLB Inc
KOSDAQ:028300
Negative Multiple: -80.6 N/A N/A
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
23.9
23%
1
US
Lantheus Holdings Inc
NASDAQ:LNTH
12.4
12%
1
CA
Bausch + Lomb Corp
NYSE:BLCO
55.6
56%
1
UK
ConvaTec Group PLC
LSE:CTEC
462
25%
18.5
US
Merit Medical Systems Inc
NASDAQ:MMSI
38.1
36%
1.1