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 5,674 - -
Change - -45.31% 65.52% 75.7% 33.09% 94.28% - -
Enterprise Value (EV) 1 1,177 606.8 1,027 1,781 2,201 5,212 5,010 4,633
Change - -48.45% 69.16% 73.47% 23.63% 136.78% -3.88% -7.53%
P/E 11x 60x 18.1x 10x 6.19x 38.4x 10.2x 6.78x
PBR 2.17x 1.05x 1.33x 1.66x 1.54x 1.42x 1.28x 1.11x
PEG - -0.7x 0x 0x 0x -0.5x 0x 0.1x
Capitalization / Revenue 2.18x 1.25x 1.98x 2.49x 2.43x 5.33x 3.98x 2.78x
EV / Revenue 1.86x 1x 1.63x 2.02x 1.83x 4.9x 3.51x 2.27x
EV / EBITDA 3.45x 2.07x 3.72x 3.85x 2.68x 7.51x 5.03x 3.19x
EV / EBIT 6.63x 5.53x 9.18x 6.36x 3.34x 15.4x 6.85x 4.27x
EV / FCF 9.63x -18.2x 7.3x 5.37x 3.61x 18.4x 9.59x 5.4x
FCF Yield 10.4% -5.51% 13.7% 18.6% 27.7% 5.45% 10.4% 18.5%
Dividend per Share 2 0.045 0.01 0.02 0.05 0.08 0.051 0.0583 0.1003
Rate of return 2.65% 1.15% 1.59% 2.6% 3.17% 1.7% 1.94% 3.34%
EPS 2 0.1545 0.0145 0.0695 0.1917 0.4068 0.078 0.2936 0.4427
Distribution rate 29.1% 69% 28.8% 26.1% 19.7% 65.4% 19.9% 22.7%
Net sales 1 634.3 603.9 631.3 882.6 1,203 1,064 1,426 2,042
EBITDA 1 341 292.8 276.3 462.2 822.2 694.4 995.5 1,452
EBIT 1 177.5 109.8 111.8 279.9 658.2 338.1 731 1,085
Net income 1 126.8 12.4 61.56 216.6 474.2 183.6 557.3 839.6
Net Debt 1 -202.5 -147.8 -222.5 -413.8 -719.3 -461.8 -664.1 -1,042
Reference price 2 1.695 0.870 1.260 1.920 2.520 3.000 3.000 3.000
Nbr of stocks (in thousands) 814,017 867,385 991,298 1,142,970 1,158,992 1,891,390 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
38.44x4.9x7.51x1.7% 3.93B
24.72x14.85x16.1x0.81% 42.08B
6x2.39x3.32x6.84% 31.58B
14.19x4.23x7.22x3.64% 16.59B
8.91x - - 7.39% 13.62B
5.21x1.63x3.19x5.19% 10.08B
21.07x11.66x14.17x0.73% 6.49B
6.09x0.46x3.86x8.9% 3.69B
17.69x2.92x12.07x-.--% 3.29B
Average 15.81x 5.38x 8.43x 3.91% 14.59B
Weighted average by Cap. 15.28x 7.59x 9.43x 3.86%

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