Company Valuation: Comet Ridge Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 49.06 146.2 166.7 221.6 167.5 150 - -
Change - 198.04% 14.03% 32.9% -24.4% -10.48% - -
Enterprise Value (EV) 1 45.67 145.1 162.1 212.2 161 111.5 129.6 324.4
Change - 217.68% 11.72% 30.94% -24.14% -30.77% 16.3% 150.26%
P/E -7.05x -16.7x -24.6x -29x -66.7x -25.6x -15.7x -10.4x
PBR - - - - - - - -
PEG - -1x 0.7x -9.72x 1x -0.3x -0.2x -0.2x
Capitalization / Revenue - - - - - - - -
EV / Revenue - - - - - - - -
EV / EBITDA -7.44x -20.5x -44.1x -46.4x -54.9x -26.6x -24.4x -75.4x
EV / EBIT -6.56x -19.3x -42.7x -45.1x -52.5x -26.4x -24.4x -60.3x
EV / FCF -10.5x -12.4x -15.6x -23.4x -8.74x -13.2x -2.24x -1.69x
FCF Yield -9.54% -8.06% -6.41% -4.27% -11.4% -7.58% -44.7% -59.2%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.0088 -0.0102 -0.0067 -0.0069 -0.0021 -0.00367 -0.006 -0.009
Distribution rate - - - - - - - -
Net sales 1 - - - - - - - -
EBITDA 1 -6.135 -7.068 -3.672 -4.574 -2.933 -4.182 -5.313 -4.3
EBIT 1 -6.965 -7.523 -3.796 -4.702 -3.069 -4.22 -5.318 -5.384
Net income 1 -6.96 -8.634 -6.565 -7.165 -2.47 -4.798 -11.2 -16.89
Net Debt 1 -3.39 -1.135 -4.633 -9.332 -6.511 -38.5 -20.33 174.4
Reference price 2 0.0620 0.1700 0.1650 0.2000 0.1400 0.0940 0.0940 0.0940
Nbr of stocks (in thousands) 791,212 860,034 1,010,373 1,107,801 1,196,439 1,595,226 - -
Announcement Date 28/09/21 30/09/22 21/09/23 30/07/24 22/09/25 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.56x2.4x5.49x2.55% 160B
12.71x3.35x6.38x3.54% 105B
8.94x2.72x4.76x2.75% 78.79B
7.7x2.53x4.01x1.73% 60.09B
9.9x1.43x4.71x1.95% 59.43B
12.4x3.71x5.26x2.12% 57.57B
9.78x2.58x5.02x2.35% 55.46B
13.21x3.5x5.29x5.46% 45.53B
6.38x1.61x3.98x5.18% 36.25B
Average 10.40x 2.65x 4.99x 3.07% 73.12B
Weighted average by Cap. 10.92x 2.68x 5.18x 2.89%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  5. Valuation Comet Ridge Limited