Company Valuation: Brazilian Rare Earths Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025 2026 2027 2028
Market Cap 1 409.2 581.8 1,088 1,474 - -
Change - 42.19% 86.91% 35.5% - -
Enterprise Value (EV) 1 409.2 500.1 925.2 1,377 1,528 2,056
Change - 22.23% 84.98% 48.84% 10.97% 34.56%
P/E Ratio -5.17x -11.9x -23.8x -37x -32.7x -24.5x
PBR - 7.15x 6.71x 12.1x 18.6x 96.2x
PEG 0.1x 0.3x 1.5x 2.6x -2.5x -0.7x
Capitalization / Revenue - 217x 257x - - -
EV / Revenue - 186x 218x - - -
EV / EBITDA - -10.9x -22.2x -34x -34.3x -41.5x
EV / EBIT - -10.9x -22.2x -34x -34.3x -41.5x
EV / FCF - -11.8x -27x -34x -15.4x -4.65x
FCF Yield - -8.45% -3.71% -2.94% -6.48% -21.5%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.3694 -0.1976 -0.1662 -0.1423 -0.1609 -0.2143
Distribution rate - - - - - -
Net sales 1 - 2.685 4.238 - - -
EBITDA 1 - -46.05 -41.74 -40.5 -44.5 -49.5
EBIT 1 - -46.07 -41.75 -40.5 -44.5 -49.5
Net income 1 -69.08 -46.07 -42.06 -37.64 -42.75 -57.51
Net Debt 1 - -81.69 -162.4 -96.61 54.39 582.4
Reference price 2 1.910 2.360 3.960 5.260 5.260 5.260
Nbr of stocks (in thousands) 214,230 246,539 274,627 280,154 - -
Announcement Date 3/26/24 A 3/31/25 A 3/29/26 A - - -
1AUD in Million2AUD
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-36.97x - -34x-.--% 1.04B
38.18x - - 0.42% 26.41B
60.29x15.86x34.91x-.--% 12.62B
1028.23x21.47x57.17x-.--% 10.25B
33.51x - - - 6.68B
-25.08x - - - 5.03B
33.52x - - - 2.33B
-7.01x - - - 911M
-103.85x - -8.44x - 891M
Average 113.42x 18.67x 12.41x 0.11% 7.35B
Weighted average by Cap. 186.59x 18.38x 39.66x 0.22%

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 Brazilian Rare Earths Limited
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