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 49.06 146.2 166.7 221.6 167.5 130.1 - -
Change - 198.04% 14.03% 32.9% -24.4% -22.36% - -
Enterprise Value (EV) 1 45.67 145.1 162.1 212.2 161 91.55 109.7 304.5
Change - 217.68% 11.72% 30.94% -24.14% -43.13% 19.85% 177.51%
P/E -7.05x -16.7x -24.6x -29x -66.7x -24.9x -11.6x -8.29x
PBR - - - - - - - -
PEG - -1x 0.7x -9.72x 1x -0.4x -0x -0.2x
Capitalization / Revenue - - - - - - - 5.39x
EV / Revenue - - - - - - - 12.6x
EV / EBITDA -7.44x -20.5x -44.1x -46.4x -54.9x -21.9x -20.7x 22x
EV / EBIT -6.56x -19.3x -42.7x -45.1x -52.5x -21.7x -20.6x 59.5x
EV / FCF -10.5x -12.4x -15.6x -23.4x -8.74x -10.8x -1.7x -1.45x
FCF Yield -9.54% -8.06% -6.41% -4.27% -11.4% -9.23% -58.8% -69.1%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.0088 -0.0102 -0.0067 -0.0069 -0.0021 -0.0035 -0.0075 -0.0105
Distribution rate - - - - - - - -
Net sales 1 - - - - - - - 24.15
EBITDA 1 -6.135 -7.068 -3.672 -4.574 -2.933 -4.182 -5.313 13.85
EBIT 1 -6.965 -7.523 -3.796 -4.702 -3.069 -4.22 -5.318 5.116
Net income 1 -6.96 -8.634 -6.565 -7.165 -2.47 -4.798 -11.2 -9.554
Net Debt 1 -3.39 -1.135 -4.633 -9.332 -6.511 -38.5 -20.33 174.4
Reference price 2 0.0620 0.1700 0.1650 0.2000 0.1400 0.0870 0.0870 0.0870
Nbr of stocks (in thousands) 791,212 860,034 1,010,373 1,107,801 1,196,439 1,494,858 - -
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.($)
-24.86x - -21.89x - 91.29M
11.57x2.27x5.4x2.81% 147B
12.38x3.39x6.23x3.74% 99.03B
8.68x2.84x4.85x2.78% 79.2B
13.36x3.77x5.4x2.14% 57.09B
8.01x2.62x4.11x1.76% 56.76B
9.61x1.39x4.5x2.03% 55.57B
10.72x2.63x4.87x2.6% 52.05B
12.21x3.31x5.03x5.84% 43.97B
6.34x1.59x3.7x5.07% 34.97B
Average 6.80x 2.65x 2.22x 3.2% 62.55B
Weighted average by Cap. 10.68x 2.68x 5.10x 3.05%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Comet Ridge Limited