Company Valuation: Lynas Rare Earths Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 7,878 6,397 5,543 8,054 18,177 16,044 - -
Change - -18.8% -13.35% 45.31% 125.69% -11.74% - -
Enterprise Value (EV) 1 7,099 5,563 5,191 8,039 18,177 15,013 14,359 13,616
Change - -21.64% -6.69% 54.87% 126.12% -17.41% -4.35% -5.18%
P/E 14.6x 20.2x 65.8x 1,013x 81.9x 27.8x 19.4x 15.8x
PBR 4.79x 2.96x 2.47x 3.42x - 4.04x 3.34x 2.93x
PEG - -0.5x -0.9x -11.2x 0x 0x 0.4x 0.7x
Capitalization / Revenue 8.56x 8.65x 12x 14.5x 18.6x 9.72x 7.72x 6.41x
EV / Revenue 7.72x 7.52x 11.2x 14.4x 18.6x 9.1x 6.91x 5.44x
EV / EBITDA 11.8x 14.7x 39.3x 79.4x 47.1x 16.5x 11.2x 8.48x
EV / EBIT 13.1x 17.6x 69x 1,298x 73.5x 19.7x 13.4x 9.63x
EV / FCF 25.9x -26.6x -9.54x -24.6x - 34.7x 20.7x 16.1x
FCF Yield 3.86% -3.75% -10.5% -4.06% - 2.88% 4.84% 6.21%
Dividend per Share 2 - - - - - 0.245 0.2015 0.49
Rate of return - - - - - 1.54% 1.26% 3.07%
EPS 2 0.597 0.3392 0.0901 0.0085 0.2206 0.5724 0.8228 1.011
Distribution rate - - - - - 42.8% 24.5% 48.5%
Net sales 1 920 739.3 463.3 556.5 977.9 1,650 2,079 2,503
EBITDA 1 601.2 377.7 132.1 101.2 386 907.2 1,280 1,605
EBIT 1 540.6 315.5 75.23 6.191 247.4 760.9 1,071 1,415
Net income 1 540.8 310.7 84.51 7.99 222.4 576.8 830.1 1,019
Net Debt 1 -778.8 -833.8 -352 -15.23 - -1,031 -1,684 -2,428
Reference price 2 8.73 6.85 5.93 8.61 18.06 15.94 15.94 15.94
Nbr of stocks (in thousands) 902,412 933,815 934,718 935,447 1,006,503 1,006,503 - -
Announcement Date 25/08/22 28/08/23 27/08/24 27/08/25 25/08/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.99x2.81x21.47x0.57% 21.43B
67.04x15.55x38.28x-.--% 11.95B
-218.84x23x75.14x-.--% 10.72B
28.99x - - - 5.82B
-22.5x - - - 4.75B
-5.12x - - - 2.45B
27.14x - - - 1.9B
-121.39x666.68x-16.95x - 912M
Average -26.34x 177.01x 29.49x 0.19% 7.49B
Weighted average by Cap. -13.78x 24.45x 37.93x 0.27%

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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