Company Valuation: Brazilian Rare Earths Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025 2026 2027 2028
Market Cap 1 409.2 581.8 1,088 1,031 - -
Change - 42.19% 86.91% -5.2% - -
Enterprise Value (EV) 1 409.2 500.1 925.2 916.1 957.4 1,061
Change - 22.23% 84.98% -0.98% 4.51% 10.79%
P/E -5.17x -11.9x -23.8x -26x -23.2x -20.2x
PBR - 7.15x 6.71x 8.43x 12.7x 29.4x
PEG 0.1x 0.3x 1.5x 1.8x -1.9x -1.4x
Capitalization / Revenue - 217x 257x - - -
EV / Revenue - 186x 218x - - -
EV / EBITDA - -10.9x -22.2x -22.6x -21.5x -21.4x
EV / EBIT - -10.9x -22.2x -22.6x -21.5x -21.4x
EV / FCF - -11.8x -27x -29.1x -21.5x -7.89x
FCF Yield - -8.45% -3.71% -3.44% -4.65% -12.7%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.3694 -0.1976 -0.1662 -0.1415 -0.1587 -0.1818
Distribution rate - - - - - -
Net sales 1 - 2.685 4.238 - - -
EBITDA 1 - -46.05 -41.74 -40.5 -44.5 -49.5
EBIT 1 - -46.07 -41.75 -40.5 -44.5 -49.5
Net income 1 -69.08 -46.07 -42.06 -37.44 -42.14 -48.41
Net Debt 1 - -81.69 -162.4 -114.9 -73.57 29.76
Reference price 2 1.910 2.360 3.960 3.680 3.680 3.680
Nbr of stocks (in thousands) 214,230 246,539 274,627 280,154 - -
Announcement Date 26/03/24 31/03/25 29/03/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-26x - -22.62x-.--% 714M
31.08x - - 0.53% 21.01B
57.08x13.06x32.1x-.--% 9.83B
-403.47x14.06x42.09x-.--% 6.78B
26.69x - - - 5.32B
-14.97x - - - 3.2B
28.73x - - - 1.99B
-73.08x - -4.62x - 799M
Average -46.74x 13.56x 11.74x 0.13% 6.21B
Weighted average by Cap. -29.17x 13.47x 32.07x 0.29%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  4. Valuation Brazilian Rare Earths Limited