Company Valuation: Ramelius Resources Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 754.6 1,249 2,195 2,921 5,499 7,292 - -
Change - 65.52% 75.7% 33.09% 88.3% 32.59% - -
Enterprise Value (EV) 1 606.8 1,027 1,781 2,201 4,971 6,873 6,715 6,303
Change - 69.16% 73.47% 23.63% 125.79% 38.28% -2.3% -6.13%
P/E 60x 18.1x 10x 6.19x 45.8x 18.6x 11.4x 8.96x
PBR 1.05x 1.33x 1.66x 1.54x 1.4x 1.77x 1.6x 1.44x
PEG - 0x 0x 0x -0.5x 0x 0.2x 0.3x
Capitalization / Revenue 1.25x 1.98x 2.49x 2.43x 5.32x 5.51x 3.94x 2.78x
EV / Revenue 1x 1.63x 2.02x 1.83x 4.81x 5.19x 3.62x 2.4x
EV / EBITDA 2.07x 3.72x 3.85x 2.68x 9.27x 8.06x 5.42x 4x
EV / EBIT 5.53x 9.18x 6.36x 3.34x 23.9x 13.2x 7.63x 5.8x
EV / FCF -18.2x 7.3x 5.37x 3.61x 21.6x 18.3x 9.02x 5.97x
FCF Yield -5.51% 13.7% 18.6% 27.7% 4.62% 5.47% 11.1% 16.8%
Dividend per Share 2 0.01 0.02 0.05 0.08 0.06 0.0318 0.0561 0.1121
Rate of return 1.15% 1.59% 2.6% 3.17% 2.05% 0.82% 1.45% 2.9%
EPS 2 0.0145 0.0695 0.1917 0.4068 0.0638 0.2078 0.3385 0.4309
Distribution rate 69% 28.8% 26.1% 19.7% 94% 15.3% 16.6% 26%
Net sales 1 603.9 631.3 882.6 1,203 1,033 1,324 1,853 2,621
EBITDA 1 292.8 276.3 462.2 822.2 536.2 852.2 1,239 1,576
EBIT 1 109.8 111.8 279.9 658.2 207.9 519.6 880.4 1,087
Net income 1 12.4 61.56 216.6 474.2 118.8 409.8 636.4 811.1
Net Debt 1 -147.8 -222.5 -413.8 -719.3 -528.9 -418.6 -576.7 -988.6
Reference price 2 0.870 1.260 1.920 2.520 2.920 3.860 3.860 3.860
Nbr of stocks (in thousands) 867,385 991,298 1,142,970 1,158,992 1,883,376 1,889,051 - -
Announcement Date 28/08/22 27/08/23 25/08/24 24/08/25 20/08/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.57x5.19x8.06x0.82% 5.09B
30.56x18.19x19.65x0.71% 47.84B
14.7x4.9x6.97x1.91% 47.41B
8.57x2.79x4.09x5.83% 32.68B
15.04x4.58x7.83x2.87% 18.79B
10.65x - - 5.6% 15.6B
5.45x1.53x2.94x5.1% 11.13B
16.24x13.29x15.45x0.76% 6.39B
6.95x0.57x4.57x7.77% 4.23B
Average 14.08x 6.38x 8.70x 3.49% 21.02B
Weighted average by Cap. 16.79x 8.13x 10.04x 2.93%

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 Ramelius Resources Limited