Company Valuation: Lynas Rare Earths Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 7,878 6,397 5,543 8,054 18,177 13,115 - -
Change - -18.8% -13.35% 45.31% 125.69% -27.85% - -
Enterprise Value (EV) 1 7,099 5,563 5,191 8,039 17,307 11,962 11,317 10,410
Change - -21.64% -6.69% 54.87% 115.28% -30.88% -5.4% -8.02%
P/E 14.6x 20.2x 65.8x 1,013x 81.9x 24x 16.3x 12.4x
PBR 4.79x 2.96x 2.47x 3.42x 5.21x 3.23x 2.67x 2.25x
PEG - -0.5x -0.9x -11.2x 0x 0x 0.3x 0.4x
Capitalization / Revenue 8.56x 8.65x 12x 14.5x 18.6x 8.04x 6.32x 5.1x
EV / Revenue 7.72x 7.52x 11.2x 14.4x 17.7x 7.33x 5.45x 4.05x
EV / EBITDA 11.8x 14.7x 39.3x 79.4x 44.8x 13.3x 9.2x 6.06x
EV / EBIT 13.1x 17.6x 69x 1,298x 70x 16.7x 10.6x 6.99x
EV / FCF 25.9x -26.6x -9.54x -24.6x 123x 25.8x 16.7x 10.1x
FCF Yield 3.86% -3.75% -10.5% -4.06% 0.81% 3.87% 6% 9.86%
Dividend per Share 2 - - - - - 0.085 0.0953 0.5507
Rate of return - - - - - 0.65% 0.73% 4.23%
EPS 2 0.597 0.3392 0.0901 0.0085 0.2206 0.5435 0.7988 1.05
Distribution rate - - - - - 15.6% 11.9% 52.4%
Net sales 1 920 739.3 463.3 556.5 977.9 1,631 2,077 2,573
EBITDA 1 601.2 377.7 132.1 101.2 386 900 1,230 1,719
EBIT 1 540.6 315.5 75.23 6.191 247.4 715.5 1,066 1,490
Net income 1 540.8 310.7 84.51 7.99 222.4 558.9 837.2 1,095
Net Debt 1 -778.8 -833.8 -352 -15.23 -870.8 -1,152 -1,798 -2,705
Reference price 2 8.73 6.85 5.93 8.61 18.06 13.03 13.03 13.03
Nbr of stocks (in thousands) 902,412 933,815 934,718 935,447 1,006,503 1,006,503 - -
Announcement Date 25/8/22 28/8/23 27/8/24 27/8/25 25/8/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.02x7.01x12.71x0.68% 8.86B
26.11x2.5x20.3x1.09% 19.25B
8.68x1.96x5.1x8.31% 18.24B
18.73x6.65x11.86x0.2% 10.02B
7.03x0.96x3.42x11.83% 9.28B
19.62x - - 0.24% 7.75B
-147.12x15.46x53.91x-.--% 7.31B
4.49x0.74x2.19x9.32% 6.45B
7.8x1.55x4.98x5.31% 5.63B
Average -3.52x 4.61x 14.31x 4.11% 10.31B
Weighted average by Cap. 2.88x 4.10x 13.92x 4.12%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Lynas Rare Earths Limited

Historical PBR trend

Valuation ratios - PBR - Lynas Rare Earths Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Lynas Rare Earths Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Lynas Rare Earths Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Lynas Rare Earths Limited
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