Company Valuation: Ramelius Resources Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,380 754.6 1,249 2,195 2,921 5,674 - -
Change - -45.31% 65.52% 75.7% 33.09% 94.28% - -
Enterprise Value (EV) 1 1,177 606.8 1,027 1,781 2,201 5,193 4,953 4,516
Change - -48.45% 69.16% 73.47% 23.63% 135.89% -4.61% -8.84%
P/E 11x 60x 18.1x 10x 6.19x 39.2x 9.6x 6.53x
PBR 2.17x 1.05x 1.33x 1.66x 1.54x 1.42x 1.26x 1.09x
PEG - -0.7x 0x 0x 0x -0.5x 0x 0.1x
Capitalization / Revenue 2.18x 1.25x 1.98x 2.49x 2.43x 5.28x 3.84x 2.72x
EV / Revenue 1.86x 1x 1.63x 2.02x 1.83x 4.83x 3.35x 2.17x
EV / EBITDA 3.45x 2.07x 3.72x 3.85x 2.68x 7.37x 4.74x 3x
EV / EBIT 6.63x 5.53x 9.18x 6.36x 3.34x 14.8x 6.24x 3.93x
EV / FCF 9.63x -18.2x 7.3x 5.37x 3.61x 17.9x 8.98x 5.03x
FCF Yield 10.4% -5.51% 13.7% 18.6% 27.7% 5.57% 11.1% 19.9%
Dividend per Share 2 0.045 0.01 0.02 0.05 0.08 0.0518 0.0611 0.1063
Rate of return 2.65% 1.15% 1.59% 2.6% 3.17% 1.73% 2.04% 3.54%
EPS 2 0.1545 0.0145 0.0695 0.1917 0.4068 0.0766 0.3124 0.4592
Distribution rate 29.1% 69% 28.8% 26.1% 19.7% 67.7% 19.5% 23.2%
Net sales 1 634.3 603.9 631.3 882.6 1,203 1,074 1,477 2,084
EBITDA 1 341 292.8 276.3 462.2 822.2 704.6 1,046 1,504
EBIT 1 177.5 109.8 111.8 279.9 658.2 350.7 793.5 1,150
Net income 1 126.8 12.4 61.56 216.6 474.2 178.7 593.1 872.8
Net Debt 1 -202.5 -147.8 -222.5 -413.8 -719.3 -481.4 -720.9 -1,159
Reference price 2 1.695 0.870 1.260 1.920 2.520 3.000 3.000 3.000
Nbr of stocks (in thousands) 814,017 867,385 991,298 1,142,970 1,158,992 1,891,390 - -
Announcement Date 8/25/21 A 8/28/22 A 8/27/23 A 8/25/24 A 8/24/25 A - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
39.19x4.83x7.37x1.73% 3.92B
24.09x14.56x15.78x0.82% 41.64B
8.48x2.91x4.21x3.16% 32B
5.61x2.27x3.15x7.22% 30.01B
14.61x4.37x7.44x3.52% 17.16B
8.54x - - 7.7% 13.04B
5.08x1.6x3.12x5.3% 9.82B
20.03x11.06x13.44x0.77% 6.17B
5.98x0.45x3.79x9.06% 3.65B
Average 14.62x 5.26x 7.29x 4.36% 17.49B
Weighted average by Cap. 13.68x 6.56x 8.11x 3.87%

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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