Company Valuation: Chatham Rock Phosphate Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 2.748 5.609 14.35 14.44 9.261 8.473
Change - 104.14% 155.8% 0.62% -35.86% -8.51%
Enterprise Value (EV) 1 2.735 5.23 12.98 13.7 9.209 8.467
Change - 91.21% 148.18% 5.58% -32.81% -8.06%
P/E -4.2x -7.73x -12.2x -8.12x -5.92x -6.73x
PBR 0.63x 1.09x 2.03x 1.98x 1.41x 1.31x
PEG - 0.2x 7.21x -0.3x 0.3x 0.2x
Capitalization / Revenue 532x 1,078x 2,693x 35,044x - -
EV / Revenue 530x 1,005x 2,436x 33,264x - -
EV / EBITDA -4.26x -9.19x -12.6x -7.7x -5.9x -6.95x
EV / EBIT -4.26x -9.18x -12.6x -7.68x -5.88x -6.92x
EV / FCF -11.3x -8.28x 28.3x -6.89x -8.13x -12.3x
FCF Yield -8.83% -12.1% 3.53% -14.5% -12.3% -8.15%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.0249 -0.0166 -0.0163 -0.0208 -0.0164 -0.0115
Distribution rate - - - - - -
Net sales 1 0.005166 0.005202 0.005328 0.000412 - -
EBITDA 1 -0.6419 -0.5694 -1.031 -1.781 -1.56 -1.219
EBIT 1 -0.642 -0.5695 -1.034 -1.785 -1.567 -1.224
Net income 1 -0.6403 -0.5729 -1.033 -1.771 -1.472 -1.183
Net Debt 1 -0.0124 -0.3789 -1.367 -0.7333 -0.0524 -0.005794
Reference price 2 0.1045 0.1284 0.1995 0.1692 0.0971 0.0774
Nbr of stocks (in thousands) 26,303 43,699 71,931 85,329 95,333 109,484
Announcement Date 29/7/20 28/7/21 29/7/22 1/8/23 29/7/24 29/7/25
1CAD in Million2CAD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 3.32M
30.46x3.03x13.29x0.89% 56.09B
9.52x1.09x5.7x5.96% 7.45B
20.06x1.29x6.99x1.48% 5.15B
27.47x4.95x18.86x0.55% 4.13B
Average 21.88x 2.59x 11.21x 2.22% 14.56B
Weighted average by Cap. 27.41x 2.82x 12.38x 1.43%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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