Company Valuation: Ramaco Resources, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 599.9 387.8 871.2 537.7 1,122 863.8 - -
Change - -35.35% 124.62% -38.28% 108.7% -23.02% - -
Enterprise Value (EV) 1 621.4 387.8 929.7 537.7 1,133 980.7 921.9 1,183
Change - -37.58% 139.73% -42.17% 110.75% -13.45% -6% 28.38%
P/E 15.1x 3.38x 9.93x 93.3x -18.2x -18.1x 182x 28.3x
PBR 2.84x - 2.45x - 2.46x 1.74x 1.49x 1.33x
PEG - 0x -0.3x -1x 0x 0.8x -2x 0x
Capitalization / Revenue 2.12x 0.69x 1.26x 0.81x 2.09x 1.44x 1.2x 0.97x
EV / Revenue 2.19x 0.69x 1.34x 0.81x 2.11x 1.64x 1.28x 1.33x
EV / EBITDA 7.86x 1.9x 5.1x 5.08x 31.4x 19.9x 6.63x 7.52x
EV / EBIT 15.7x 2.58x 9.76x 32.3x -20.3x -19.3x 33.7x 24x
EV / FCF 13.2x - 13.7x 12.3x -18.6x -15.7x 29.2x 25.6x
FCF Yield 7.57% - 7.31% 8.15% -5.37% -6.37% 3.42% 3.9%
Dividend per Share 2 - - 0.5 0.55 - 0.0367 0.0467 0.05
Rate of return - - 2.91% 5.36% - 0.26% 0.33% 0.36%
EPS 2 0.9 2.6 1.73 0.11 -0.99 -0.7717 0.0767 0.495
Distribution rate - - 28.9% 500% - -4.75% 60.9% 10.1%
Net sales 1 283.4 565.7 693.5 666.3 536.6 599.4 722 891
EBITDA 1 79.04 204.6 182.1 105.8 36.06 49.31 139.1 157.3
EBIT 1 39.53 150.4 95.24 16.64 -55.96 -50.84 27.32 49.29
Net income 1 39.76 116 82.31 11.19 -51.45 -39.93 15.84 40.9
Net Debt 1 21.48 - 58.59 - 11.07 117 58.11 319.7
Reference price 2 13.60 8.79 17.18 10.26 18.00 13.99 13.99 13.99
Nbr of stocks (in thousands) 44,109 44,122 53,377 53,216 66,449 65,311 - -
Announcement Date 24/02/22 08/03/23 07/03/24 10/03/25 25/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-18.13x1.64x19.89x0.26% 864M
13.91x2.19x6.83x0.35% 4.78B
6.98x1.7x4.34x5.67% 3.48B
36.26x - - -.--% 2.36B
12.9x0.12x0.36x6.51% 1.58B
40.19x - - - 733M
Average 15.35x 1.41x 7.86x 2.56% 2.3B
Weighted average by Cap. 15.26x 1.68x 6.12x 2.44%

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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