Financials Atturra Limited

Equities

ATA

AU0000190308

IT Services & Consulting

Market Closed - Australian S.E. Other stock markets 02:10:44 2024-04-26 am EDT			5-day change	1st Jan Change
0.825 ^AUD	+0.61%		+3.12%	+3.12%

Feb. 26	Atturra Posts Lower Profit in Fiscal H1, Revenue Increases	MT
Feb. 25	Atturra Limited Reports Earnings Results for the Half Year Ended December 31, 2023	CI

Valuation

Fiscal Period: June	2022	2023	2024	2025	2026
Capitalization ¹	138.4	205.8	256.5	-	-
Enterprise Value (EV) ¹	108	166.9	216.8	211	194.5
P/E ratio	16.8 x	19.2 x	30.4 x	18.4 x	15 x
Yield	-	-	2.38%	3.75%	4.07%
Capitalization / Revenue	1.03 x	1.15 x	1.07 x	0.91 x	0.84 x
EV / Revenue	0.8 x	0.94 x	0.91 x	0.75 x	0.63 x
EV / EBITDA	7.13 x	7.94 x	10.6 x	7.65 x	6.29 x
EV / FCF	10.6 x	15.9 x	20.5 x	13.4 x	9.92 x
FCF Yield	9.4%	6.27%	4.89%	7.44%	10.1%
Price to Book	3.32 x	2.59 x	1.76 x	1.65 x	1.54 x
Nbr of stocks (in thousands)	200,550	232,525	310,953	-	-
Reference price ²	0.6900	0.8850	0.8250	0.8250	0.8250
Announcement Date	8/29/22	8/30/23	-	-	-

¹AUD in Million²AUD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June	2021	2022	2023	2024	2025	2026
Net sales ¹	98.3	134.6	178.3	238.7	280.8	307.2
EBITDA ¹	-	15.14	21.01	20.46	27.58	30.9
EBIT ¹	-	13.81	18.7	15.71	21.57	25.35
Operating Margin	-	10.26%	10.48%	6.58%	7.68%	8.25%
Earnings before Tax (EBT) ¹	-	11.87	15.95	15.4	21.5	25.07
Net income ¹	4.5	7.224	10.24	8.033	13.99	17.19
Net margin	4.58%	5.37%	5.74%	3.36%	4.98%	5.6%
EPS ²	-	0.0411	0.0461	0.0271	0.0447	0.0549
Free Cash Flow ¹	-	10.15	10.47	10.6	15.7	19.6
FCF margin	-	7.54%	5.87%	4.44%	5.59%	6.38%
FCF Conversion (EBITDA)	-	67.04%	49.83%	51.8%	56.92%	63.44%
FCF Conversion (Net income)	-	140.52%	102.23%	131.95%	112.21%	114%
Dividend per Share ²	-	-	-	0.0197	0.0309	0.0336
Announcement Date	12/20/21	8/29/22	8/30/23	-	-	-

¹AUD in Million²AUD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2
Net sales ¹	72.7	82.77	95.56	111.1	127.5
EBITDA	8.132	9.072	11.94	11.07	-
EBIT	7.443	8.274	10.42	-	-
Operating Margin	10.24%	10%	10.9%	-	-
Earnings before Tax (EBT)	6.466	7.397	-	-	-
Net income ¹	4.253	4.334	5.907	-	6.5
Net margin	5.85%	5.24%	6.18%	-	5.1%
EPS	0.0213	0.0208	0.0253	-	-
Dividend per Share	-	-	-	-	-
Announcement Date	8/29/22	2/23/23	8/30/23	2/25/24	-

¹AUD in Million

Estimates

Balance Sheet Analysis

Fiscal Period: June	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-
Net Cash position ¹	-	30.4	38.9	39.8	45.5	62.1
Leverage (Debt/EBITDA)	-	-	-	-	-	-
Free Cash Flow ¹	-	10.2	10.5	10.6	15.7	19.6
ROE (net income / shareholders' equity)	-	35%	19.2%	9.34%	9.48%	10.6%
ROA (Net income/ Total Assets)	-	11%	8.38%	5.15%	5.86%	6.85%
Assets ¹	-	65.49	122.2	156	238.9	251.2
Book Value Per Share ²	-	0.2100	0.3400	0.4700	0.5000	0.5400
Cash Flow per Share ²	-	0.0600	0.0500	0.0400	0.0600	0.0700
Capex ¹	-	0.02	-	0.27	0.51	0.51
Capex / Sales	-	0.01%	-	0.11%	0.18%	0.17%
Announcement Date	12/20/21	8/29/22	8/30/23	-	-	-

¹AUD in Million²AUD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Atturra Limited

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.825 AUD

Average target price

1.227 AUD

Spread / Average Target

+48.69%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Technology Consulting & Outsourcing Services

	1st Jan change	Capi.
ATTURRA LIMITED	+3.12%	167M
VERISK ANALYTICS, INC.	-7.42%	31.57B
SS&C TECHNOLOGIES HOLDINGS, INC.	+0.21%	15.14B
SAMSUNG SDS CO.,LTD.	-6.71%	8.91B
OTSUKA CORPORATION	+6.83%	7.48B
REPLY S.P.A.	+3.85%	4.94B
POSCO DX COMPANY LTD.	-45.75%	4.44B
NS SOLUTIONS CORPORATION	+12.35%	2.99B
NEC NETWORKS & SYSTEM INTEGRATION CORPORATION	+8.53%	2.44B
DHC SOFTWARE CO.,LTD.	-13.45%	2.36B

Technology Consulting & Outsourcing Services