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Audinate Group Ltd (AD8) Fair Value & Analysis

Technology · AU · Market cap A$196M

AG Audinate Group Ltd AD8 · AU
PriceA$2.10
Fair ValueA$0.7500
Upside-64.3%
Quality42/100
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Mixed Growth
Loss-making · -22.5% net margin
generates free cash flow
Trails peers (2/11)
Narrow moat 13/100
Evidence: Medium Range A$0.7400 – A$0.7700 Share as image

Fair value as of: Aug 13, 2026

From 13 valuation models · updated 3 days ago

Fair value updated Aug 13, 2026, revised from A$0.7400 to A$0.7500 (+1.4%) since Jul 13, 2026. Share price −3.7% over the past month.

Below-average quality, and screening another 64% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (A$0.7700). The favourable scenario is already priced in.
  • Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The models converge in a tight band (A$0.7400 to A$0.7700), unusually little disagreement for a valuation.
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Price vs Fair Value (5 years)

A$23.31 A$1.75 Fair Value A$0.7500 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range A$1.75 – A$23.31 · fair‑value band A$0.7400 – A$0.7700 · the A$2.10 price screens above the A$0.7500 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Audinate Group Ltd (AD8) currently trades at A$2.10, while our model-based Fair Value estimate is A$0.7500, implying the stock looks roughly 64.3% overvalued today. The Quality Score stands at 42/100 (below-average quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Audinate Group Ltd generated revenue of A$65.5M at a net margin of -22.5%. Revenue grew 12.1% year over year. It earns a return on equity of -9.1%. The balance sheet holds a net cash position of A$59.4M. Fundamentals as of Aug 13, 2026

Our scenario range runs from A$0.7400 (bear case) to A$0.7700 (bull case); at A$2.10, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 73% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at -64%, AD8 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF A$1.54 A$2.00 A$2.81 72
Gordon GGM A$0.0800 A$0.1300 A$0.1700 70
Rev-Margin DCF A$1.48 A$2.20 A$3.32 67
All 13 models by family
DCF Models
FCF DCF A$1.60 A$1.94 A$2.95 38
Owner Earnings A$1.78 A$2.78 A$4.53 31
5Y Revenue Exit A$1.48 A$2.02 A$3.10 39
5Y EBITDA Exit A$1.06 A$1.14 A$1.29 41
10Y Revenue Exit A$1.49 A$2.22 A$2.80 36
10Y EBITDA Exit A$1.25 A$1.49 A$1.81 37
Dividend Discount
Gordon GGM A$0.0800 A$0.1300 A$0.1700 70
DDM Multi-Stage A$0.0800 A$0.1300 A$0.1400 61
Multiples
EV/EBITDA A$0.7700 A$0.7900 A$0.8000 54
EV/Revenue A$1.40 A$1.68 A$1.96 43
Asset-Based
NCAV (Graham) A$0.9800 A$1.31 A$1.96 50
Growth DCF
Growth DCF A$1.54 A$2.00 A$2.81 72
Rev-Margin DCF A$1.48 A$2.20 A$3.32 67

Widest divergence: Growth DCF (A$2.00) versus Dividend Discount (A$0.1300). Highest evidence: Growth DCF (72).

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Key figures & financial health

Revenue (TTM) A$65.5M
Revenue growth (YoY) +12.1%
Net margin -22.5%
Return on equity -9.1%
Free cash flow A$6.1M FY2025
Operating margin -46.7%
More key figures
EPS (TTM) A$-0.1800
EPS growth (YoY) -52.5%
Net cash A$59.4M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 42/100

Of which business quality 50 · Market factors (momentum, volatility) 21

Profitability 15
Margins and returns on capital today
Quality Growth 20
Are margins and returns improving?
Cashflow 59
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 13
Price trend over the last 3–12 months (market factor)
52W Momentum 4
Distance to the 52-week high (market factor)
Net Issuance 60
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Audinate Group Limited engages in develops and sells digital audio visual (AV) networking solutions Australia and internationally. It provides Dante, a technology platform that distributes digital audio and video signals over computer networks to original equipment manufacturers.

Full company description

Audinate Group Limited engages in develops and sells digital audio visual (AV) networking solutions Australia and internationally. It provides Dante, a technology platform that distributes digital audio and video signals over computer networks to original equipment manufacturers. The company provides software products, such as Dante Controller, a real-time network monitoring device; Dante Virtual Soundcard that provides access to various audio devices on the network; Dante Via, a software application that route audio between applications, devices connected to computer; Dante Studio; Dante Director, a cloud-based SaaS application; Dante Managed API; Dante connect, a cloud-based broadcast production; and Dante Domain Manager, as well as Dante AVIO adapters. It also, offers Dante-enabled products; and solutions for manufacturers. The company was founded in 2003 and is headquartered in Surry Hills, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Audinate Group Ltd reported revenue of A$62.1M in FY2025 versus A$33.4M in FY2021, a compound +16.8%/yr. Reported net income was −A$6.4M in FY2025.

Growth Quality 61/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
A$62.1M
Latest YoY
−32.2%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.3%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+15.4%
Avg. growth/yr (11Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+22.7%
Revenue +16.8%/yr
FY21 A$33.4M
FY22 A$46.3M
FY23 A$69.7M
FY24 A$91.5M
FY25 A$62.1M
Net income
FY21 −A$3.4M
FY22 −A$4.5M
FY23 A$10.6M
FY24 A$10.2M
FY25 −A$6.4M

AD8 screens 64% overvalued. Compare with Delta Electronics, Inc →

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Cite: Fair Value Calculator (2026). "Audinate Group Ltd Fair Value". https://www.fairvalue-calculator.com/stock/AD8

Peer Group

Electronic Components · 645 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 42 · Bottom 25%
Fair Value upside −64% · Below median
Return on assets -8% · Bottom 25%
Net margin (TTM) -23% · Bottom 25%
Operating margin (TTM) -47% · Bottom 25%
Revenue growth 12% · Above median
Dividend yield (TTM) 0.5% · Bottom 25%

Valuation Multiples vs Electronic Components median · lower = cheaper

P/B 0.84× · Cheaper than 75% of peers
P/S (TTM) 2.12× · Pricier than median
P/FCF 22.6× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 61 · sector 36
PAST 0 · sector 24
HEALTH 0 · sector 95
DIVIDEND 11 · sector 26

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Electronic Components stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,790 TWD 602.37 TWD -66%
Luxshare Precision Industry Co 002475 ¥56.06 ¥38.44 -31%
Samsung Electro-Mechanics Co 009150 1,503,000 KRW 172,954 KRW -88%
Suzhou Dongshan Precision Manufacturing Co 002384 ¥202.11 ¥21.19 -90%
Shengyi Technology Co 600183 ¥143.23 ¥36.30 -75%
Shennan Circuits Co 002916 ¥385.80 ¥125.52 -67%
Victory Giant Technology (HuiZhou) Co 2476 HK$238.60 HK$75.68 -68%
Kingboard Laminates Holdings 1888 HK$38.70 HK$8.95 -77%
Asia Vital Components Co 3017 2,910 TWD 1,369 TWD -53%
Nan Ya Printed Circuit Board Corporation 8046 1,215 TWD 1,768 TWD +46%

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Frequently asked questions

Is Audinate Group Ltd (AD8) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of A$0.7500 versus a price of A$2.10, about −64% (overvalued).
What is the fair value of AD8?
Our model-based fair value for Audinate Group Ltd is A$0.7500 (as of Aug 13, 2026), built from audited fundamentals. The current price is A$2.10.
What is the quality score of AD8?
Audinate Group Ltd has a Quality Score of 42/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Audinate Group Ltd (AD8)?
Audinate Group Ltd reported trailing-twelve-month revenue of about A$65.5M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of AD8?
The net profit margin of Audinate Group Ltd is about -22.5%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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