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EPX Limited (EPX) Fair Value & Analysis

Technology · AU · Market cap A$14.3M

EL EPX Limited EPX · AU
PriceA$0.1900
Fair ValueA$0.4080
Upside+114.7%
Quality29/100
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Expensive Growth
Loss-making · -43.0% net margin
Low debt · negative free cash flow
Trails peers (3/10)
Narrow moat 6/100
Evidence: Low Range A$0.3060 – A$0.5100 Share as image

Fair value as of: Jul 18, 2026

From 6 valuation models · updated 22 days ago

Share price +15.2% over the past month.

Below-average quality, screening 115% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (29/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (A$0.3060). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

A$2.02 A$0.1500 Fair Value A$0.4080 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range A$0.1500 – A$2.02 · fair‑value band A$0.3060 – A$0.5100 · the A$0.1900 price screens below the A$0.4080 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

EPX Limited (EPX) currently trades at A$0.1900, while our model-based Fair Value estimate is A$0.4080, implying the stock looks roughly 114.7% undervalued today. The Quality Score stands at 29/100 (below-average quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Over the trailing twelve months, EPX Limited generated revenue of A$15.6M at a net margin of -43.0%. Revenue grew 4.3% year over year. Fundamentals as of Jul 18, 2026

Our scenario range runs from A$0.3060 (bear case) to A$0.5100 (bull case); at A$0.1900, the current price sits below 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 56% below its 52-week high and 27% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -50% fair-value upside, at 115%, EPX 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
ROIC Compounder A$0.1900 A$0.2100 A$0.2200 72
EPV A$0.1900 A$0.2100 A$0.2200 59
EV/EBITDA A$0.6200 A$0.8300 A$1.03 54
All 6 models by family
Earnings-Based
EPV A$0.1900 A$0.2100 A$0.2200 59
Multiples
EV/EBIT A$0.3800 A$0.5000 A$0.6200 53
EV/EBITDA A$0.6200 A$0.8300 A$1.03 54
EV/Revenue A$0.2600 A$0.3600 A$0.4700 43
Asset-Based
NCAV (Graham) A$0.0100 50
Economic Profit
ROIC Compounder A$0.1900 A$0.2100 A$0.2200 72

Widest divergence: Multiples (A$0.5000) versus Earnings-Based (A$0.2100). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) A$15.6M
Revenue growth (YoY) +4.3%
Net margin -43.0%
Return on equity -191%
Free cash flow −A$98.6K FY2025
Operating margin -32.6%
More key figures
EPS (TTM) A$-0.1000
Net cash A$77.3K FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 29/100

Of which business quality 32 · Market factors (momentum, volatility) 17

Profitability 27
Margins and returns on capital today
Quality Growth 35
Are margins and returns improving?
Cashflow 19
Earnings quality: real cash, not paper profit
Fin. Strength 41
Balance sheet, leverage, solvency risk
Investment 85
Disciplined investing over empire-building
Low Volatility 27
Calm price path (market factor)
Momentum 15
Price trend over the last 3–12 months (market factor)
52W Momentum 11
Distance to the 52-week high (market factor)
Net Issuance 0
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

EPX Limited provides building energy management solutions for commercial real estate in Australia, Asia, the United Kingdom, and the Middle East.

Full company description

EPX Limited provides building energy management solutions for commercial real estate in Australia, Asia, the United Kingdom, and the Middle East. The company offers EDGE cloud data platform, a managed platform that streamlines data collection from submeters, IoT sensors, and building management systems (BMS), which identifies opportunities to reduce energy, water, and waste consumption within the building by collecting, processing, and analyzing sets of data per year. Its EDGE platform products include EDGE Essential, EDGE Commercial, EDGE Insight, EDGE Insight+, EDGE Industrial, and EDGE Certifi. The company also provides EDGE Capabilities, such as capture, aggregate, analyze, and optimize. It offers its solutions for commercial offices, hospitals, hotels, retail, shopping centers, healthcare, and hospitals sectors. The company was formerly known as EP&T Global Limited and changed its name to EPX Limited in June 2025. EPX Limited was founded in 1993 and is based in North Sydney, Australia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

EPX Limited reported revenue of A$15.3M in FY2025 versus A$6.1M in FY2021, a compound +25.9%/yr. Reported net income was −A$5.8M in FY2025.

Growth Quality 44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
A$15.3M
Latest YoY
+17.2%
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.
+29.2%
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.
+17.8%
Avg. growth/yr (7Y) 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.
+6.5%
Revenue +25.9%/yr
FY21 A$6.1M
FY22 A$7.1M
FY23 A$10.6M
FY24 A$13.0M
FY25 A$15.3M
Net income
FY21 −A$12.2M
FY22 −A$8.4M
FY23 −A$6.7M
FY24 −A$4.8M
FY25 −A$5.8M

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Cite: Fair Value Calculator (2026). "EPX Limited Fair Value". https://www.fairvalue-calculator.com/stock/EPX

Peer Group

Software - Infrastructure · 370 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 29 · Bottom 25%
Fair Value upside +115% · Top 25%
Return on assets -27% · Bottom 25%
Net margin (TTM) -43% · Bottom 25%
Operating margin (TTM) -33% · Bottom 25%
Revenue growth 4% · Below median

Valuation Multiples vs Software - Infrastructure median · lower = cheaper

P/B 19.27× · Pricier than 75% of peers
P/S (TTM) 0.65× · Cheaper 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 100 · sector 0
FUTURE 22 · sector 46
PAST 0 · sector 15
HEALTH 100 · sector 98
DIVIDEND 0 · sector 28

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 Software - Infrastructure stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Microsoft Corporation MSFT $384.00 $274.17 -29%
Oracle Corporation ORAC C$9.08 C$2.94 -68%
Fortinet, Inc FTNT $160.78 $44.96 -72%
Synopsys, Inc 1SNPS €354.50 €93.61 -74%
Block, Inc XYZ A$114.53 A$70.69 -38%
CoreWeave, Inc CRWV $79.94 $44.89 -44%
Range Intelligent Computing Technology Group 300442 ¥71.60 ¥34.00 -53%
Oracle Financial Services Software Limited OFSS ₹11,651 ₹5,821 -50%
360 Security Technology Inc 601360 ¥9.64 ¥5.05 -48%
One97 Communications Limited PAYTM ₹1,342 ₹181.50 -86%

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Frequently asked questions

Is EPX Limited (EPX) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of A$0.4080 versus a price of A$0.1900, about +115% (undervalued).
What is the fair value of EPX?
Our model-based fair value for EPX Limited is A$0.4080 (as of Jul 18, 2026), built from audited fundamentals. The current price is A$0.1900.
What is the quality score of EPX?
EPX Limited has a Quality Score of 29/100. 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 EPX Limited (EPX)?
EPX Limited reported trailing-twelve-month revenue of about A$15.6M (latest available figure, as of Jul 18, 2026).
What is the net profit margin of EPX?
The net profit margin of EPX Limited is about -43.0%, 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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