AUDINATE GROUP LIMITED (AD8)
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AD8 - AUDINATE GROUP LIMITED

FNArena Sector : Hardware & Equipment
Year End: June
GICS Industry Group : Technology Hardware & Equipment
Index: ASX300 | ALL-ORDS | ALL-TECH

Audinate is a global provider of professional digital audio networking technology. Its Dante platform distributes digital audio and visual signals over computer networks. The company listed in 2017.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$8.04

05 Dec
2022

-0.180

OPEN

$8.19

-2.19%

HIGH

$8.25

39,917

LOW

$8.04

TARGET
$10.40 29.4% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
AD8: 1
Title FY21
Actual
FY22
Actual
FY23
Forecast
FY24
Forecast
EPS (cps) xxx - 5.8 - 2.9 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.00

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2022 FactSet UK Limited. All rights reserved
Title 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx-5.8
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx46.3 M
Book Value Per Share xxxxxxxxxxxxxxx97.6
Net Operating Cash Flow xxxxxxxxxxxxxxx1.0 M
Net Profit Margin xxxxxxxxxxxxxxx-9.63 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx-5.78 %
Return on Invested Capital xxxxxxxxxxxxxxx-5.69 %
Return on Assets xxxxxxxxxxxxxxx-4.95 %
Return on Equity xxxxxxxxxxxxxxx-5.78 %
Return on Total Capital xxxxxxxxxxxxxxx-5.51 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx0.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

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EXPERT VIEWS
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Sentiment Indicator

1.0

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Macquarie

12/10/2022

1

Initiation of coverage with Outperform

$11.00

36.82%

With Audinate Group ready to monetise on investments beyond pure audio after years of preparation, Macquarie has initiated coverage.

While the company's audio hardware supported a 12% compound annual growth rate between FY19-22, the broker expects video capabilities to add a further 9% to the company's compound annual growth rate between FY22-30.

Key acquisitions in 2021 gave Audinate Group readily available intellectual property to develop video capability, with the company already signing on 26 video OEM customers. 

The company is also undergoing a shift from being hardware to software focused. with revenues offering higher margins. Macquarie sees revenue generation potential beginning to emerge, and initiates with an Outperform rating and a target price of $11.00.

FORECAST
Macquarie forecasts a full year FY23 dividend of 0.00 cents and EPS of minus -3.70 cents.
Macquarie forecasts a full year FY24 dividend of 0.00 cents and EPS of 5.60 cents.

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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AD8 STOCK CHART