Company Valuation: Ramaco Resources, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 599.9 387.8 871.2 537.7 1,122 786.2 - -
Change - -35.35% 124.62% -38.28% 108.7% -29.94% - -
Enterprise Value (EV) 1 621.4 387.8 929.7 537.7 1,133 903.1 844.3 1,106
Change - -37.58% 139.73% -42.17% 110.75% -20.3% -6.52% 30.98%
P/E 15.1x 3.38x 9.93x 93.3x -18.2x -16.8x 169x 26.2x
PBR 2.84x - 2.45x - 2.46x 1.61x 1.38x 1.23x
PEG - 0x -0.3x -1x 0x 0.8x -2x 0x
Capitalization / Revenue 2.12x 0.69x 1.26x 0.81x 2.09x 1.31x 1.09x 0.88x
EV / Revenue 2.19x 0.69x 1.34x 0.81x 2.11x 1.51x 1.17x 1.24x
EV / EBITDA 7.86x 1.9x 5.1x 5.08x 31.4x 18.3x 6.07x 7.03x
EV / EBIT 15.7x 2.58x 9.76x 32.3x -20.3x -17.8x 30.9x 22.4x
EV / FCF 13.2x - 13.7x 12.3x -18.6x -14.5x 26.8x 23.9x
FCF Yield 7.57% - 7.31% 8.15% -5.37% -6.91% 3.74% 4.18%
Dividend per Share 2 - - 0.5 0.55 - 0.0367 0.0467 0.05
Rate of return - - 2.91% 5.36% - 0.28% 0.36% 0.39%
EPS 2 0.9 2.6 1.73 0.11 -0.99 -0.7717 0.0767 0.495
Distribution rate - - 28.9% 500% - -4.75% 60.9% 10.1%
Net sales 1 283.4 565.7 693.5 666.3 536.6 599.4 722 891
EBITDA 1 79.04 204.6 182.1 105.8 36.06 49.31 139.1 157.3
EBIT 1 39.53 150.4 95.24 16.64 -55.96 -50.84 27.32 49.29
Net income 1 39.76 116 82.31 11.19 -51.45 -39.93 15.84 40.9
Net Debt 1 21.48 - 58.59 - 11.07 117 58.11 319.7
Reference price 2 13.60 8.79 17.18 10.26 18.00 12.95 12.95 12.95
Nbr of stocks (in thousands) 44,109 44,122 53,377 53,216 66,449 65,311 - -
Announcement Date 24/02/22 08/03/23 07/03/24 10/03/25 25/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-16.78x1.51x18.31x0.28% 786M
12.83x1.94x6.05x0.4% 4.27B
6.81x1.57x4.12x4.19% 3.29B
31.23x - - -.--% 2.03B
11.79x-0.07x-0.22x7.13% 1.44B
36.37x - - - 664M
Average 13.71x 1.24x 7.07x 2.4% 2.08B
Weighted average by Cap. 13.51x 1.49x 5.46x 2.2%

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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