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 12,179 - -
Change - -18.8% -13.35% 45.31% 125.69% -33% - -
Enterprise Value (EV) 1 7,099 5,563 5,191 8,039 17,307 11,078 10,460 9,547
Change - -21.64% -6.69% 54.87% 115.28% -35.99% -5.58% -8.73%
P/E 14.6x 20.2x 65.8x 1,013x 81.9x 24.8x 15.4x 11.2x
PBR 4.79x 2.96x 2.47x 3.42x 5.21x 3.1x 2.56x 2.12x
PEG - -0.5x -0.9x -11.2x 0x 0x 0.3x 0.3x
Capitalization / Revenue 8.56x 8.65x 12x 14.5x 18.6x 7.99x 5.93x 4.73x
EV / Revenue 7.72x 7.52x 11.2x 14.4x 17.7x 7.27x 5.09x 3.71x
EV / EBITDA 11.8x 14.7x 39.3x 79.4x 44.8x 14.4x 8.36x 5.88x
EV / EBIT 13.1x 17.6x 69x 1,298x 70x 17.7x 9.77x 6.53x
EV / FCF 25.9x -26.6x -9.54x -24.6x 123x 16.3x 17.4x 9.5x
FCF Yield 3.86% -3.75% -10.5% -4.06% 0.81% 6.14% 5.75% 10.5%
Dividend per Share 2 - - - - - 0.085 0.0195 0.5273
Rate of return - - - - - 0.7% 0.16% 4.36%
EPS 2 0.597 0.3392 0.0901 0.0085 0.2206 0.4881 0.787 1.078
Distribution rate - - - - - 17.4% 2.48% 48.9%
Net sales 1 920 739.3 463.3 556.5 977.9 1,524 2,055 2,574
EBITDA 1 601.2 377.7 132.1 101.2 386 768.9 1,251 1,622
EBIT 1 540.6 315.5 75.23 6.191 247.4 625.9 1,070 1,462
Net income 1 540.8 310.7 84.51 7.99 222.4 505.6 825 1,125
Net Debt 1 -778.8 -833.8 -352 -15.23 -870.8 -1,100 -1,719 -2,632
Reference price 2 8.73 6.85 5.93 8.61 18.06 12.10 12.10 12.10
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.($)
25.17x7.34x14.77x0.7% 8.57B
25.15x2.42x19.59x1.13% 18.58B
8.08x1.82x4.73x8.92% 16.93B
16.98x5.99x10.68x0.22% 9.09B
6.69x0.91x3.22x12.44% 8.8B
-137.41x14.89x51.68x-.--% 7.05B
17.71x - - 0.26% 7.04B
4.23x0.71x2.08x9.9% 6.06B
7.46x1.48x4.76x5.55% 5.37B
Average -2.88x 4.44x 13.94x 4.35% 9.72B
Weighted average by Cap. 2.91x 3.96x 13.66x 4.36%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Lynas Rare Earths Limited

Historical PBR trend

Valuation ratios - PBR - Lynas Rare Earths Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Lynas Rare Earths Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Lynas Rare Earths Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Lynas Rare Earths Limited
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