Company Valuation: Arafura Rare Earths Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 446.4 644.6 404.3 431.3 1,312 1,032 - -
Change - 44.4% -37.28% 6.67% 204.23% -21.32% - -
Enterprise Value (EV) 1 421.7 515.7 362.9 404.3 590.1 597.4 1,524 2,231
Change - 22.3% -29.64% 11.42% 45.95% 1.24% 155.01% 46.43%
P/E -12.2x -6.04x -3.84x -22.2x -23.3x -48.4x -38.6x -7.33x
PBR - 3x 2.92x 2.89x 1.55x 1x 1x 1.15x
PEG - -0x 0.4x 0.3x -0.7x 0.7x -1.5x -0x
Capitalization / Revenue - - - - - - 49,583x 8.09x
EV / Revenue - - - - - - 73,175x 17.5x
EV / EBITDA -11.9x -5.21x -3.71x -12.6x -14.6x -14x -34.8x -34x
EV / EBIT -11.8x -5.18x -3.42x -12.4x -14.4x -12.2x -30.6x -21.9x
EV / FCF -13.6x -7.4x -3.32x - -20.3x -0.67x -1.62x 18.9x
FCF Yield -7.37% -13.5% -30.1% - -4.92% -149% -61.7% 5.3%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.0233 -0.0505 -0.0456 -0.0079 -0.0105 -0.00351 -0.0044 -0.0232
Distribution rate - - - - - - - -
Net sales 1 - - - - - - 0.0208 127.6
EBITDA 1 -35.38 -99.04 -97.79 -31.98 -40.53 -42.83 -43.82 -65.71
EBIT 1 -35.7 -99.61 -106.2 -32.66 -41.01 -49.09 -49.82 -102
Net income 1 -35.56 -96.38 -101 -19.24 -41.09 -30.42 -32.12 -147.6
Net Debt 1 -24.68 -128.8 -41.42 -26.94 -721.9 -434.9 491.2 1,199
Reference price 2 0.2850 0.3050 0.1750 0.1750 0.2450 0.1700 0.1700 0.1700
Nbr of stocks (in thousands) 1,566,242 2,113,365 2,310,302 2,464,329 5,355,175 6,072,493 - -
Announcement Date 17/8/22 16/8/23 21/8/24 22/8/25 31/8/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-49.86x - -14.66x - 739M
9.48x2.18x5.67x6.91% 20.58B
30.11x2.5x20.18x0.64% 19.02B
23.57x7.57x14.16x0.12% 11.44B
6.08x1.14x4.85x10.27% 10.75B
24.51x7.82x14.56x0.59% 9.68B
21.63x - - 0.33% 8.74B
-171.99x17.82x57.72x-.--% 8.42B
5.03x0.86x2.59x8.26% 7.31B
8.16x1.73x5.62x4.44% 6.3B
Average -9.33x 5.20x 12.30x 3.51% 10.3B
Weighted average by Cap. 1.28x 4.64x 14.70x 3.55%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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