The company currently trades at A$9.55 ($8.15), above our fair value of the company at A$9.42. We have done a post-result revaluation of the company and think that the new intrinsic value for Audinate is A$10.11. Chart 1 and Chart 2 illustrate the valuation overview and its current price to intrinsic value, respectively.
Australia-listed Audinate Group is one of the 10 stocks in The Edge Singapore’s Global Virtual Portfolio for this year. The company reported its 1HFY2025 ended Dec 31, 2024 results on Feb 17.
Although Audinate’s results may seem underwhelming in absolute terms, it beat expectations and estimates, propelling its share price above our initial intrinsic valuation.
