Company Valuation: Ramelius Resources Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,380 754.6 1,249 2,195 2,921 6,968 - -
Change - -45.31% 65.52% 75.7% 33.09% 138.59% - -
Enterprise Value (EV) 1 1,177 606.8 1,027 1,781 2,201 6,419 6,299 6,019
Change - -48.45% 69.16% 73.47% 23.63% 191.6% -1.88% -4.44%
P/E 11x 60x 18.1x 10x 6.19x 44.3x 15.8x 9.75x
PBR 2.17x 1.05x 1.33x 1.66x 1.54x 1.8x 1.71x 1.55x
PEG - -0.7x 0x 0x 0x -0.6x 0x 0.2x
Capitalization / Revenue 2.18x 1.25x 1.98x 2.49x 2.43x 6.78x 5.16x 3.62x
EV / Revenue 1.86x 1x 1.63x 2.02x 1.83x 6.25x 4.67x 3.12x
EV / EBITDA 3.45x 2.07x 3.72x 3.85x 2.68x 9.69x 7.13x 4.58x
EV / EBIT 6.63x 5.53x 9.18x 6.36x 3.34x 22.7x 10.6x 6.45x
EV / FCF 9.63x -18.2x 7.3x 5.37x 3.61x 21.1x 16x 8.4x
FCF Yield 10.4% -5.51% 13.7% 18.6% 27.7% 4.73% 6.25% 11.9%
Dividend per Share 2 0.045 0.01 0.02 0.05 0.08 0.0506 0.0506 0.0723
Rate of return 2.65% 1.15% 1.59% 2.6% 3.17% 1.37% 1.37% 1.95%
EPS 2 0.1545 0.0145 0.0695 0.1917 0.4068 0.0835 0.2346 0.3794
Distribution rate 29.1% 69% 28.8% 26.1% 19.7% 60.6% 21.6% 19.1%
Net sales 1 634.3 603.9 631.3 882.6 1,203 1,028 1,350 1,927
EBITDA 1 341 292.8 276.3 462.2 822.2 662.4 883.4 1,315
EBIT 1 177.5 109.8 111.8 279.9 658.2 282.5 594.3 932.9
Net income 1 126.8 12.4 61.56 216.6 474.2 151.4 443.5 710
Net Debt 1 -202.5 -147.8 -222.5 -413.8 -719.3 -549.3 -669.8 -949.8
Reference price 2 1.695 0.870 1.260 1.920 2.520 3.700 3.700 3.700
Nbr of stocks (in thousands) 814,017 867,385 991,298 1,142,970 1,158,992 1,883,376 - -
Announcement Date 25/08/21 28/08/22 27/08/23 25/08/24 24/08/25 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
43.37x6.1x9.46x1.4% 4.82B
13.24x4.46x6.49x2.11% 46.77B
29.69x18.11x18.62x0.74% 46.2B
8.05x2.98x4.24x5.37% 36.69B
16.96x4.94x8.64x3.05% 19.23B
12.18x - - 5.4% 18.75B
7.19x2.02x4.08x4.34% 12.32B
23.12x12.66x14.45x0.74% 6.71B
7.1x0.56x4.46x7.77% 4.24B
Average 17.88x 6.48x 8.81x 3.44% 21.75B
Weighted average by Cap. 16.98x 7.86x 9.59x 3%

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