The Australian Securities Exchange is a vertically integrated securities exchange business offering listing, data, trading, clearing, and settlement services across equities, debt, and derivatives. ASX benefits from various effective monopolies across its business and a disproportionately large listings business from Australia’s outsize natural resources sector.
1987
1.2K+
LTM Revenue $680M
LTM EBITDA $423M
-$2.0M
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
ASX has a last 12-month revenue of $680M and a last 12-month EBITDA of $423M.
In the most recent fiscal year, ASX achieved revenue of $665M and an EBITDA of $748M.
ASX expects next 12-month revenue of XXX   and NTM EBITDA of XXX
See ASX valuation multiples based on analyst estimatesFY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
---|---|---|---|---|---|
Revenue | $642M | $665M | XXX | XXX | XXX |
Gross Profit | $659M | $642M | XXX | XXX | XXX |
Gross Margin | 103% | 97% | XXX | XXX | XXX |
EBITDA | $518M | $748M | XXX | XXX | XXX |
EBITDA Margin | 81% | 112% | XXX | XXX | XXX |
Net Profit | $322M | $201M | XXX | XXX | XXX |
Net Margin | 50% | 30% | XXX | XXX | XXX |
Net Debt | n/a | n/a | XXX | XXX | XXX |
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As of March 14, 2025, ASX's stock price is AUD 64 (or $41).
ASX has current market cap of AUD 12.5B (or $7.9B), and EV of -AUD 3.2M (or -$2.0M).
See ASX trading valuation dataEV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
---|---|---|---|---|---|---|
-$2.0M | $7.9B | XXX | XXX | XXX | XXX | $1.61 |
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Sign UpAs of March 14, 2025, ASX has market cap of $7.9B and EV of -$2.0M.
ASX's trades at -0.0x LTM EV/Revenue multiple, and -0.0x LTM EBITDA.
Analysts estimate ASX's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for ASX and 10K+ public compsFY 2024 | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|
EV | -$2.0M | XXX | XXX | XXX |
EV/Revenue | -0.0x | XXX | XXX | XXX |
EV/EBITDA | -0.0x | XXX | XXX | XXX |
P/E | 25.7x | XXX | XXX | XXX |
P/E/Growth | 7.7x | XXX | XXX | XXX |
EV/FCF | -0.0x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpASX's NTM/LTM revenue growth is 5%
ASX's revenue per employee for the last fiscal year averaged $0.6M, while opex per employee averaged $0.2M for the same period.
Over next 12 months, ASX's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate ASX's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for ASX and other 10K+ public compsFY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|---|
Revenue Growth | 3% | XXX | XXX | XXX | XXX |
EBITDA Margin | 87% | XXX | XXX | XXX | XXX |
EBITDA Growth | 44% | XXX | XXX | XXX | XXX |
Rule of 40 (SaaS-only) | 92% | XXX | XXX | XXX | XXX |
Revenue per Employee | $0.6M | XXX | XXX | XXX | XXX |
Opex per Employee | $0.2M | XXX | XXX | XXX | XXX |
S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
G&A Expenses to Revenue | 32% | XXX | XXX | XXX | XXX |
R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
Opex to Revenue | 42% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
EV/Revenue | EV/EBITDA | |||||
---|---|---|---|---|---|---|
2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
Euroxx Securities | XXX | XXX | XXX | XXX | XXX | XXX |
Athens Exchange Group | XXX | XXX | XXX | XXX | XXX | XXX |
Cboe Global Markets | XXX | XXX | XXX | XXX | XXX | XXX |
Indian Energy Exchange | XXX | XXX | XXX | XXX | XXX | XXX |
Bursa De Valori Bucuresti | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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ASX acquired XXX companies to date.
Last acquisition by ASX was XXXXXXXX, XXXXX XXXXX XXXXXX . ASX acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiplesAcquired Company | EV | EV/Revenue | EV/EBITDA |
---|---|---|---|
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
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Sign UpWhen was ASX founded? | ASX was founded in 1987. |
Where is ASX headquartered? | ASX is headquartered in Australia. |
How many employees does ASX have? | As of today, ASX has 1.2K+ employees. |
Who is the CEO of ASX? | ASX's CEO is Dr. Helen Lofthouse. |
Is ASX publicy listed? | Yes, ASX is a public company listed on ASX. |
What is the stock symbol of ASX? | ASX trades under ASX ticker. |
When did ASX go public? | ASX went public in 1998. |
Who are competitors of ASX? | Similar companies to ASX include e.g. Euroxx Securities, Athens Exchange Group, Cboe Global Markets, Indian Energy Exchange. |
What is the current market cap of ASX? | ASX's current market cap is $7.9B |
What is the current revenue of ASX? | ASX's last 12-month revenue is $680M. |
What is the current EBITDA of ASX? | ASX's last 12-month EBITDA is $423M. |
What is the current EV/Revenue multiple of ASX? | Current revenue multiple of ASX is -0.0x. |
What is the current EV/EBITDA multiple of ASX? | Current EBITDA multiple of ASX is -0.0x. |
What is the current revenue growth of ASX? | ASX revenue growth between 2023 and 2024 was 3%. |
Is ASX profitable? | Yes, ASX is EBITDA-positive (as of the last 12 months). |
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