Company Valuation: Ramaco Resources, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 599.9 387.8 871.2 537.7 1,122 605.3 - -
Change - -35.35% 124.62% -38.28% 108.7% -46.05% - -
Enterprise Value (EV) 1 621.4 387.8 929.7 537.7 1,133 794.6 800.5 917.9
Change - -37.58% 139.73% -42.17% 110.75% -29.88% 0.74% 14.67%
P/E 15.1x 3.38x 9.93x 93.3x -18.2x -10.8x 377x 26.3x
PBR 2.84x - 2.45x - 2.46x 1.58x 1.49x 1.31x
PEG - 0x -0.3x -1x 0x 2.32x -4x 0x
Capitalization / Revenue 2.12x 0.69x 1.26x 0.81x 2.09x 1.06x 0.86x 0.69x
EV / Revenue 2.19x 0.69x 1.34x 0.81x 2.11x 1.39x 1.14x 1.04x
EV / EBITDA 7.86x 1.9x 5.1x 5.08x 31.4x 30.4x 6.52x 6.06x
EV / EBIT 15.7x 2.58x 9.76x 32.3x -20.3x -11.8x 79.6x 16.2x
EV / FCF 13.2x - 13.7x 12.3x -18.6x -8.68x -45.1x 19.9x
FCF Yield 7.57% - 7.31% 8.15% -5.37% -11.5% -2.22% 5.03%
Dividend per Share 2 - - 0.5 0.55 - 0.0267 0.0433 0.05
Rate of return - - 2.91% 5.36% - 0.26% 0.42% 0.49%
EPS 2 0.9 2.6 1.73 0.11 -0.99 -0.944 0.0271 0.39
Distribution rate - - 28.9% 500% - -2.83% 160% 12.8%
Net sales 1 283.4 565.7 693.5 666.3 536.6 572 701.6 882.3
EBITDA 1 79.04 204.6 182.1 105.8 36.06 26.11 122.7 151.5
EBIT 1 39.53 150.4 95.24 16.64 -55.96 -67.32 10.05 56.66
Net income 1 39.76 116 82.31 11.19 -51.45 -56.8 6.489 39.5
Net Debt 1 21.48 - 58.59 - 11.07 189.2 195.1 312.5
Reference price 2 13.60 8.79 17.18 10.26 18.00 10.24 10.24 10.24
Nbr of stocks (in thousands) 44,109 44,122 53,377 53,216 66,449 63,388 - -
Announcement Date 2/24/22 A 3/8/23 A 3/7/24 A 3/10/25 A 2/25/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.64x2.25x7.33x0.35% 4.86B
8.25x1.94x5.35x2.48% 3.7B
759.75x0.86x10.11x-.--% 1.93B
12.91x0.12x0.37x6.21% 1.58B
27.22x - - - 797M
Average 164.75x 1.29x 5.79x 2.26% 2.57B
Weighted average by Cap. 125.45x 1.65x 6.25x 1.71%

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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