Company Valuation: Royal Gold, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,906 7,394 7,946 8,670 18,761 20,306 - -
Change - 7.07% 7.47% 9.11% 116.39% 8.24% - -
Enterprise Value (EV) 1 6,767 7,847 8,088 8,475 19,423 19,952 18,490 17,067
Change - 15.95% 3.08% 4.78% 129.19% 2.73% -7.33% -7.7%
P/E 25.2x 31.1x - 26.2x 33.2x 20.7x 18.1x 16.5x
PBR 2.66x 2.7x - - - 2.55x 2.27x 2.04x
PEG - -2.4x - - 1x 0.3x 1.3x 1.67x
Capitalization / Revenue 10.6x 12.3x 13.1x 12.1x 18.2x 10.9x 9.5x 8.84x
EV / Revenue 10.4x 13x 13.4x 11.8x 18.8x 10.7x 8.65x 7.43x
EV / EBITDA 13x 16.5x 16.9x 14.5x 22.9x 13x 10.5x 8.91x
EV / EBIT 20.6x 27.7x 26.7x 19.7x 30.4x 17.1x 13.4x 11.6x
EV / FCF 110x -15.5x 19.6x 19.8x -22.1x 17.3x 12.2x 11.2x
FCF Yield 0.91% -6.43% 5.11% 5.04% -4.53% 5.79% 8.17% 8.89%
Dividend per Share 2 1.3 1.425 1.525 1.65 1.825 1.925 2 2.2
Rate of return 1.24% 1.26% 1.26% 1.25% 0.82% 0.8% 0.83% 0.92%
EPS 2 4.17 3.63 - 5.04 6.69 11.55 13.21 14.52
Distribution rate 31.2% 39.3% - 32.7% 27.3% 16.7% 15.1% 15.2%
Net sales 1 653.6 603.2 605.7 719.4 1,030 1,858 2,137 2,296
EBITDA 1 522.6 474.4 479.6 585.8 848.3 1,531 1,768 1,915
EBIT 1 328.4 283.7 303.2 429.9 638.2 1,166 1,381 1,470
Net income 1 274 239 - 332 466.3 981.2 1,121 1,232
Net Debt 1 -138.4 453 141.8 -195.5 661.7 -353.7 -1,816 -3,239
Reference price 2 105.21 112.72 120.96 131.85 222.29 239.66 239.66 239.66
Nbr of stocks (in thousands) 65,637 65,593 65,692 65,757 84,398 84,728 - -
Announcement Date 16/02/22 15/02/23 14/02/24 12/02/25 18/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.74x10.74x13.03x0.8% 20.31B
12.05x4.36x6.85x0.93% 117B
9.46x1.65x5.47x3.53% 107B
15.39x5.82x8.19x0.97% 91.51B
11.3x2.95x4.55x2.24% 64.56B
27.5x16.17x19.36x0.62% 57.18B
30.4x18.43x19.86x0.74% 45.58B
10.77x3.45x5.17x4.22% 44.27B
13.31x4.27x6.16x2.3% 41.08B
7.72x2.71x4.01x5.42% 31.7B
Average 15.86x 7.06x 9.27x 2.18% 62.01B
Weighted average by Cap. 14.85x 6.14x 8.57x 2.03%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Royal Gold, Inc.

Historical PBR trend

Valuation ratios - PBR - Royal Gold, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Royal Gold, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Royal Gold, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Royal Gold, Inc.
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