Company Valuation: Arafura Rare Earths Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 446.4 644.6 404.3 431.3 1,312 880.5 - -
Change - 44.4% -37.28% 6.67% 204.23% -32.89% - -
Enterprise Value (EV) 1 421.7 515.7 362.9 404.3 590.1 445.6 1,372 2,086
Change - 22.3% -29.64% 11.42% 45.95% -24.49% 207.82% 52.07%
P/E -12.2x -6.04x -3.84x -22.2x -23.3x -41.3x -33x -6.06x
PBR - 3x 2.92x 2.89x 1.55x 0.85x 0.85x 0.98x
PEG - -0x 0.4x 0.3x -0.7x 0.6x -1.3x -0x
Capitalization / Revenue - - - - - - 42,292x 6.9x
EV / Revenue - - - - - - 65,883x 16.3x
EV / EBITDA -11.9x -5.21x -3.71x -12.6x -14.6x -10.4x -31.3x -29.3x
EV / EBIT -11.8x -5.18x -3.42x -12.4x -14.4x -9.08x -27.5x -19.4x
EV / FCF -13.6x -7.4x -3.32x - -20.3x -0.5x -1.46x 17.6x
FCF Yield -7.37% -13.5% -30.1% - -4.92% -200% -68.6% 5.67%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.0233 -0.0505 -0.0456 -0.0079 -0.0105 -0.00351 -0.0044 -0.0239
Distribution rate - - - - - - - -
Net sales 1 - - - - - - 0.0208 127.6
EBITDA 1 -35.38 -99.04 -97.79 -31.98 -40.53 -42.83 -43.82 -71.08
EBIT 1 -35.7 -99.61 -106.2 -32.66 -41.01 -49.09 -49.82 -107.4
Net income 1 -35.56 -96.38 -101 -19.24 -41.09 -30.42 -32.12 -153
Net Debt 1 -24.68 -128.8 -41.42 -26.94 -721.9 -434.9 491.2 1,205
Reference price 2 0.2850 0.3050 0.1750 0.1750 0.2450 0.1450 0.1450 0.1450
Nbr of stocks (in thousands) 1,566,242 2,113,365 2,310,302 2,464,329 5,355,175 6,072,493 - -
Announcement Date 17/8/22 16/8/23 21/8/24 22/8/25 31/8/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-41.31x - -10.41x - 614M
26.21x2.51x20.38x1.08% 19.31B
8.37x1.88x4.9x8.71% 17.48B
7.07x0.97x3.45x11.75% 9.38B
16.58x5.84x10.41x0.23% 8.87B
24.63x7.22x14.27x0.35% 8.4B
17.57x - - 0.26% 6.96B
-128.71x14.2x49.88x-.--% 6.74B
4.35x0.72x2.13x9.62% 6.27B
Average -7.25x 4.76x 11.88x 4% 9.34B
Weighted average by Cap. 3.93x 3.97x 13.84x 4.2%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Arafura Rare Earths Limited

Historical PBR trend

Valuation ratios - PBR - Arafura Rare Earths Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Arafura Rare Earths Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Arafura Rare Earths Limited

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