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 6,874 - -
Change - -45.31% 65.52% 75.7% 33.09% 135.37% - -
Enterprise Value (EV) 1 1,177 606.8 1,027 1,781 2,201 6,325 6,205 5,925
Change - -48.45% 69.16% 73.47% 23.63% 187.32% -1.91% -4.51%
P/E 11x 60x 18.1x 10x 6.19x 43.7x 15.6x 9.62x
PBR 2.17x 1.05x 1.33x 1.66x 1.54x 1.78x 1.69x 1.52x
PEG - -0.7x 0x 0x 0x -0.5x 0x 0.2x
Capitalization / Revenue 2.18x 1.25x 1.98x 2.49x 2.43x 6.69x 5.09x 3.57x
EV / Revenue 1.86x 1x 1.63x 2.02x 1.83x 6.15x 4.6x 3.07x
EV / EBITDA 3.45x 2.07x 3.72x 3.85x 2.68x 9.55x 7.02x 4.51x
EV / EBIT 6.63x 5.53x 9.18x 6.36x 3.34x 22.4x 10.4x 6.35x
EV / FCF 9.63x -18.2x 7.3x 5.37x 3.61x 20.8x 15.8x 8.27x
FCF Yield 10.4% -5.51% 13.7% 18.6% 27.7% 4.8% 6.34% 12.1%
Dividend per Share 2 0.045 0.01 0.02 0.05 0.08 0.0506 0.0506 0.0727
Rate of return 2.65% 1.15% 1.59% 2.6% 3.17% 1.39% 1.39% 1.99%
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% 19.2%
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 3.650 3.650 3.650
Nbr of stocks (in thousands) 814,017 867,385 991,298 1,142,970 1,158,992 1,883,376 - -
Announcement Date 25/8/21 28/8/22 27/8/23 25/8/24 24/8/25 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
44.33x6.25x9.69x1.37% 4.85B
15.88x5.68x8.57x2.14% 43.72B
28.97x17.07x18.49x0.74% 44.66B
8.31x2.96x4.21x5.38% 35.44B
17.53x5.1x8.92x2.96% 19.62B
11.93x - - 5.52% 17.47B
7.25x2.04x4.12x4.3% 12.13B
19.99x12.88x15.18x0.74% 6.44B
6.94x0.54x4.35x7.95% 4.03B
Average 17.90x 6.56x 9.19x 3.45% 20.93B
Weighted average by Cap. 17.49x 7.93x 10.16x 3.01%

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