Company Valuation: Ionic Rare Earths Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 55.29 104.1 57.78 32.23 41.44 49.59 - -
Change - 88.2% -44.47% -44.21% 28.56% 19.66% - -
Enterprise Value (EV) 1 55.29 86.31 50.61 30.83 41.44 50.87 2.016 9.742
Change - 56.1% -41.36% -39.08% 34.43% 22.75% -96.04% 383.14%
P/E -29.7x -31.6x -10.3x -1.92x -5.43x -10.6x -9.05x 8x
PBR - - 2.03x 1.12x - 1.72x 0.33x 0.28x
PEG - -0.7x -0.2x -0x 0.1x 0.2x -0.5x -0x
Capitalization / Revenue - - - - - 59.8x 61.5x 1.08x
EV / Revenue - - - - - 61.4x 2.5x 0.21x
EV / EBITDA - -28.4x -9.85x -2.36x - -6.49x -0.25x 0.33x
EV / EBIT - - -9.19x -2.11x - -6.09x -0.18x 0.46x
EV / FCF - -10.3x -5.61x - - -5x -0.02x 0.36x
FCF Yield - -9.7% -17.8% - - -20% -6,023% 277%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.0174 -0.0255 -0.0426 -0.1041 -0.0435 -0.0206 -0.0242 0.0273
Distribution rate - - - - - - - -
Net sales 1 - - - - - 0.8289 0.8068 45.97
EBITDA 1 - -3.039 -5.137 -13.05 - -7.843 -8.017 29.25
EBIT 1 - - -5.509 -14.63 - -8.348 -11.3 21.34
Net income 1 -1.722 -3.081 -5.51 -14.68 -7.46 -8.348 -11.31 9.458
Net Debt 1 - -17.75 -7.173 -1.407 - 1.28 -47.57 -39.85
Reference price 2 0.5173 0.8061 0.4393 0.2002 0.2360 0.2188 0.2188 0.2188
Nbr of stocks (in thousands) 106,880 129,087 131,537 161,043 175,581 226,608 - -
Announcement Date 30/9/21 23/9/22 29/9/23 30/9/24 29/9/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-10.63x61.37x-6.49x - 49.59M
34.65x2.86x21.87x0.55% 21.83B
28.44x9.23x16.83x0.5% 11.74B
-204.15x21.4x69.92x-.--% 10B
29.78x - - - 5.97B
-20.86x - - - 4.4B
29.04x - - - 2.03B
-4.25x - - - 2.03B
-118.5x625.29x-15.9x - 893M
Average -26.28x 144.03x 17.25x 0.35% 6.55B
Weighted average by Cap. -15.62x 21.26x 30.54x 0.41%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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