Audinate Group Limited

CHIA:AD8 Stock Report

Market Cap: AU$705.9m

Audinate Group Valuation

Is AD8 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AD8 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AD8 (A$8.49) is trading below our estimate of fair value (A$17.56)

Significantly Below Fair Value: AD8 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AD8?

Key metric: As AD8 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AD8. This is calculated by dividing AD8's market cap by their current earnings.
What is AD8's PE Ratio?
PE Ratio69x
EarningsAU$10.24m
Market CapAU$705.91m

Price to Earnings Ratio vs Peers

How does AD8's PE Ratio compare to its peers?

The above table shows the PE ratio for AD8 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average26.8x
DDR Dicker Data
18.9x9.3%AU$1.5b
CDA Codan
35.7x17.4%AU$2.9b
KIT Kitron
14.8x15.5%NOK 6.0b
KE Kimball Electronics
37.7x61.9%US$486.2m
AD8 Audinate Group
69x25.0%AU$705.9m

Price-To-Earnings vs Peers: AD8 is expensive based on its Price-To-Earnings Ratio (69x) compared to the peer average (26.7x).

Price to Earnings Ratio vs Industry

How does AD8's PE Ratio compare vs other companies in the Global Electronic Industry?

50 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AD8 69.0xIndustry Avg. 23.3xNo. of Companies171PE020406080100+
50 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AD8 is expensive based on its Price-To-Earnings Ratio (69x) compared to the Global Electronic industry average (23.3x).

Price to Earnings Ratio vs Fair Ratio

What is AD8's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AD8 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio69x
Fair PE Ratio46.2x

Price-To-Earnings vs Fair Ratio: AD8 is expensive based on its Price-To-Earnings Ratio (69x) compared to the estimated Fair Price-To-Earnings Ratio (46.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst AD8 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$8.49
AU$10.97
+29.2%
26.6%AU$18.50AU$9.00n/a8
Nov ’25AU$8.98
AU$11.72
+30.5%
26.5%AU$18.50AU$9.00n/a8
Oct ’25AU$9.88
AU$12.73
+28.8%
22.0%AU$18.50AU$9.30n/a7
Sep ’25AU$9.39
AU$12.96
+38.0%
21.6%AU$18.50AU$9.30n/a8
Aug ’25AU$14.41
AU$19.15
+32.9%
16.4%AU$23.00AU$14.40n/a8
Jul ’25AU$15.34
AU$19.59
+27.7%
13.6%AU$23.00AU$15.08n/a8
Jun ’25AU$15.34
AU$19.59
+27.7%
13.6%AU$23.00AU$15.08n/a8
May ’25AU$18.07
AU$19.24
+6.5%
12.7%AU$22.80AU$15.08n/a7
Apr ’25AU$20.95
AU$18.99
-9.4%
11.3%AU$22.00AU$15.08n/a7
Mar ’25AU$21.56
AU$18.99
-11.9%
11.3%AU$22.00AU$15.08n/a7
Feb ’25AU$16.09
AU$14.96
-7.0%
8.8%AU$17.00AU$13.30n/a5
Jan ’25AU$16.18
AU$14.10
-12.9%
4.7%AU$15.00AU$13.30n/a5
Dec ’24AU$14.57
AU$12.34
-15.3%
24.5%AU$15.00AU$5.28n/a7
Nov ’24AU$13.19
AU$12.34
-6.4%
24.5%AU$15.00AU$5.28AU$8.987
Oct ’24AU$13.60
AU$12.34
-9.3%
24.5%AU$15.00AU$5.28AU$9.887
Sep ’24AU$14.23
AU$12.34
-13.3%
24.5%AU$15.00AU$5.28AU$9.397
Aug ’24AU$9.28
AU$10.20
+9.9%
20.7%AU$12.00AU$5.28AU$14.417
Jul ’24AU$9.27
AU$10.05
+8.5%
20.7%AU$12.00AU$5.28AU$15.347
Jun ’24AU$9.45
AU$10.05
+6.4%
20.7%AU$12.00AU$5.28AU$15.347
May ’24AU$8.56
AU$10.62
+24.1%
6.3%AU$11.75AU$10.00AU$18.075
Apr ’24AU$8.67
AU$10.62
+22.5%
6.3%AU$11.75AU$10.00AU$20.955
Mar ’24AU$8.28
AU$9.70
+17.1%
22.2%AU$11.75AU$5.09AU$21.566
Feb ’24AU$7.27
AU$9.67
+33.1%
22.2%AU$11.75AU$5.09AU$16.096
Jan ’24AU$7.49
AU$9.84
+31.4%
22.4%AU$11.75AU$5.09AU$16.186
Dec ’23AU$8.57
AU$9.84
+14.8%
22.4%AU$11.75AU$5.09AU$14.576
Nov ’23AU$8.65
AU$9.84
+13.8%
22.4%AU$11.75AU$5.09AU$13.196

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Dicker Data

AU$1.5b

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DDR

AU$8.37

7D

-5.4%

1Y

-24.3%

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AMO

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AU$10.3m

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BDT

AU$0.068

7D

0%

1Y

-32.0%