IBEX Ltd (IBEX)

Services-Computer Processing & Data Preparation

Latest Price

$43.26

TTM P/E

13.65

Normalized P/E

19.29

Div Yield

Book Value

11.99

P/B Ratio

3.61

Valuation metrics

EPS: $3.13

Book value / share: $12.79

Formula: √(22.5 × EPS × BVPS)

Graham Number

$30.01

31% downside

Norm. op. income: $39M (median of 7yr)

Tax rate: 21%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$25.81

40% downside

Base FCF: $27M (median of recent 4yr)

Growth: 14%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$71.72

+66% upside

EPS: $3.13

Target P/E: 19×

Formula: EPS × P/E

P/E Fair Value

$59.47

+37% upside