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 5,744 - -
Change - -45.31% 65.52% 75.7% 33.09% 96.68% - -
Enterprise Value (EV) 1 1,177 606.8 1,027 1,781 2,201 5,187 5,054 4,753
Change - -48.45% 69.16% 73.47% 23.63% 135.61% -2.55% -5.97%
P/E 11x 60x 18.1x 10x 6.19x 34.4x 12.8x 7.92x
PBR 2.17x 1.05x 1.33x 1.66x 1.54x 1.48x 1.4x 1.25x
PEG - -0.7x 0x 0x 0x -0.4x 0x 0.1x
Capitalization / Revenue 2.18x 1.25x 1.98x 2.49x 2.43x 5.53x 4.23x 2.96x
EV / Revenue 1.86x 1x 1.63x 2.02x 1.83x 4.99x 3.72x 2.45x
EV / EBITDA 3.45x 2.07x 3.72x 3.85x 2.68x 7.72x 5.66x 3.59x
EV / EBIT 6.63x 5.53x 9.18x 6.36x 3.34x 17.7x 8.35x 5.02x
EV / FCF 9.63x -18.2x 7.3x 5.37x 3.61x 17.1x 12.8x 6.63x
FCF Yield 10.4% -5.51% 13.7% 18.6% 27.7% 5.85% 7.78% 15.1%
Dividend per Share 2 0.045 0.01 0.02 0.05 0.08 0.0512 0.0512 0.0735
Rate of return 2.65% 1.15% 1.59% 2.6% 3.17% 1.68% 1.68% 2.41%
EPS 2 0.1545 0.0145 0.0695 0.1917 0.4068 0.0887 0.2388 0.3852
Distribution rate 29.1% 69% 28.8% 26.1% 19.7% 57.7% 21.4% 19.1%
Net sales 1 634.3 603.9 631.3 882.6 1,203 1,039 1,358 1,938
EBITDA 1 341 292.8 276.3 462.2 822.2 671.8 892.3 1,325
EBIT 1 177.5 109.8 111.8 279.9 658.2 293.2 605.4 946.1
Net income 1 126.8 12.4 61.56 216.6 474.2 159.9 451.4 719.6
Net Debt 1 -202.5 -147.8 -222.5 -413.8 -719.3 -557.6 -690 -991.5
Reference price 2 1.695 0.870 1.260 1.920 2.520 3.050 3.050 3.050
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.($)
34.63x5.02x7.77x1.67% 4.05B
27.5x16.71x17.18x0.8% 42.79B
11.66x3.81x5.61x2.45% 40.33B
6.57x2.44x3.47x6.53% 29.62B
14x4.08x7.12x3.7% 15.75B
10.22x - - 6.44% 15.7B
5.9x1.65x3.34x5.29% 9.9B
6.42x0.5x3.99x8.59% 3.8B
Average 14.61x 4.89x 6.92x 4.43% 20.24B
Weighted average by Cap. 15.10x 7.14x 8.59x 3.57%

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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