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Aspen Pharmacare USD

Update

Sector: Pharma

ZA_APN

Price chart

152.67 ZARDay -3.21%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
152.67 ZAR · -3.21%
Market cap
4.2 bn USD

Growth

Δ revenue y/y
-1.9%
Δ EBITDA y/y
-12.8%

Multiples

P/E (LTM)
23.4x
P/B (FY)
0.9x
P/E (ann.)
25.3x
EV/EBITDA (LTM)
25.2x
EV/EBITDA (ann.)
101.1x

Cash return

Dividend yield
1.4%
FCF yield (LTM)
-91.0%

Value creation

fundamental value/yr, % of market cap
Value created / year

Liquidity

Daily turnover (listing)
99.8 mln ZAR

Shares: yahoo_fundamentals_timeseries/APN.JO

Amounts: USD (converted) · As reported
Converted modes use NBK / ECB-linked rates: balance sheet date for BS items, period average for P&L and cash flow (see filing row evidence). As reported keeps each row in its filing currency.

Financial dynamics

Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueM USDOperating profitM USDD&AM USDEBITDAM USDNet profitM USDOperating CFM USDCapex + M&AM USDAssetsM USDEquityM USDROE (annualized)Net debtM USDSource
2025-12-31H1 2025 (6M)OK-1400.6
y/y
-367.1
y/y
-60.0
y/y
-427.1
y/y
141.6
y/y
-79.93927.07737.8
y/y
4900.1
y/y
3.4%27323.0Link
2025-06-30FY 2025 (12M)OK2359.3
y/y -1.9%
469.3
y/y -16.5%
113.7
y/y 7.0%
582.9
y/y -12.8%
-58.9
y/y -124.9%
280.7-5055.07642.0
y/y 0.1%
4774.0
y/y 2.5%
-1.2%29210.0Link
2024-06-30FY 2024 (12M)OK2405.9
y/y 6.7%
562.2
y/y 23.1%
106.2
y/y 7.2%
668.3
y/y 20.3%
237.0
y/y -18.1%
335.0-5535.07635.4
y/y 7.7%
4659.4
y/y 2.3%
5.1%23522.0Link
2023-06-30FY 2023 (12M)OK2254.1
y/y
456.6
y/y
99.0
y/y
555.6
y/y
289.5
y/y
305.6-3181.07090.7
y/y
4553.6
y/y
18207.0Link
Data quality No obvious scale, balance-sheet, or cash-flow sanity issues in the displayed periods.

Revenue & EBITDA

RevenueEBITDA

Quarterly values (ZAR mln)

05001 0001 5002 0002 5002023 FY2024 FY2025 FY

Year-over-year change

-20%-10%0%10%20%2023 FY2024 FY2025 FY

Cash flow

FCF (ZAR mln)

-200-10001002023 FY2024 FY2025 FY

Net debt / cash (ZAR mln)

010 00020 00030 0002023 H12023 FY2024 H12024 FY2025 H12025 FY

Revenue growth & acceleration

Growth decelerating ▼
Last-year revenue growth -3% vs +10% the year before — a -12.8 pp move. 3-year CAGR +4%.
revenue growth by year: 2023 +5% · 2024 +10% · 2025 -3%
The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

Fundamental value creation

Value the company creates per year, as a % of market cap

Value created per year: -153.2%

How this was calculated
1. EBITDA growth (latest quarter YoY, annualised)
[EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X
= —
-85
2. Current EV/EBITDA (LTM)
(Market cap + Net debt) ÷ EBITDA (LTM)
= (4 175 + 27 323) ÷ 583
30.0x — capped at 30x
3. Target multiple
(Current EV/EBITDA + 8) ÷ 2
= (30.0 + 8) ÷ 2
19.0x
4. Cash flow (balance method, LTM)
Net-debt reduction + dividends + buybacks − equity issuance
= -3 801 + 0 + 0 − 0
-4 774
5. Value created per year
(EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap
= (-85 × 19.0 + -4 774) ÷ 4 175
-153.2%

Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.

Caveats:

Dividends

Paid (completed)

DatePer shareDetailsStatusSource
2025-10-01211 ZAREx-dividend: 211 ZAR per sharePaidYahoo Finance (ex-div)
2024-09-18359 ZAREx-dividend: 359 ZAR per sharePaidYahoo Finance (ex-div)
2023-09-20342 ZAREx-dividend: 342 ZAR per sharePaidYahoo Finance (ex-div)
2022-09-21326 ZAREx-dividend: 326 ZAR per sharePaidYahoo Finance (ex-div)
2021-09-21262 ZAREx-dividend: 262 ZAR per sharePaidYahoo Finance (ex-div)

KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).

Investor reporting (IR): https://www.aspenpharma.com/investor-relations/

Reporting forms detected in loaded periods: (Balance sheet / Profit or loss (P&L) / Cash flows)