Company Valuation: Comet Ridge Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 49.06 146.2 166.7 221.6 167.5 155.5 - -
Change - 198.04% 14.03% 32.9% -24.4% -7.14% - -
Enterprise Value (EV) 1 45.67 145.1 162.1 212.2 161 153.5 180 321.6
Change - 217.68% 11.72% 30.94% -24.14% -4.63% 17.21% 78.69%
P/E -7.05x -16.7x -24.6x -29x -66.7x -28.9x -15.3x -13.7x
PBR - - - - - - - -
PEG - -1x 0.7x -9.72x 1x -0x -0.2x -1.2x
Capitalization / Revenue - - - - - - 77.8x 4.13x
EV / Revenue - - - - - - 90x 8.54x
EV / EBITDA -7.44x -20.5x -44.1x -46.4x -54.9x -31.7x -41.7x 13.8x
EV / EBIT -6.56x -19.3x -42.7x -45.1x -52.5x -31.4x -36.1x 35.3x
EV / FCF -10.5x -12.4x -15.6x -23.4x -8.74x -34.5x -1.98x -2.05x
FCF Yield -9.54% -8.06% -6.41% -4.27% -11.4% -2.9% -50.6% -48.7%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.0088 -0.0102 -0.0067 -0.0069 -0.0021 -0.0045 -0.0085 -0.0095
Distribution rate - - - - - - - -
Net sales 1 - - - - - - 2 37.65
EBITDA 1 -6.135 -7.068 -3.672 -4.574 -2.933 -4.849 -4.313 23.35
EBIT 1 -6.965 -7.523 -3.796 -4.702 -3.069 -4.887 -4.985 9.116
Net income 1 -6.96 -8.634 -6.565 -7.165 -2.47 -5.465 -10.86 -6.554
Net Debt 1 -3.39 -1.135 -4.633 -9.332 -6.511 -2 24.42 166
Reference price 2 0.0620 0.1700 0.1650 0.2000 0.1400 0.1300 0.1300 0.1300
Nbr of stocks (in thousands) 791,212 860,034 1,010,373 1,107,801 1,196,439 1,196,439 - -
Announcement Date 9/28/21 A 9/30/22 A 9/21/23 A 7/30/24 A 9/22/25 A - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.07x2.1x4.82x3.04% 136B
10.99x3.04x5.75x4.12% 90.18B
7.48x2.52x4.16x3.13% 70.33B
7.11x2.39x3.86x1.91% 53.38B
11.29x3.41x4.76x2.3% 52.92B
8.15x1.26x4.28x2.33% 49.14B
8.91x2.27x4.4x2.75% 49.47B
10.26x3.04x4.4x7.54% 40.4B
10.45x3.79x5.38x1.28% 32.13B
Average 9.52x 2.65x 4.64x 3.16% 63.73B
Weighted average by Cap. 9.74x 2.55x 4.71x 3.18%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  5. Valuation Comet Ridge Limited
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