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 6,818 - -
Change - -45.31% 65.52% 75.7% 33.09% 133.43% - -
Enterprise Value (EV) 1 1,177 606.8 1,027 1,781 2,201 6,269 6,148 5,868
Change - -48.45% 69.16% 73.47% 23.63% 184.75% -1.92% -4.55%
P/E 11x 60x 18.1x 10x 6.19x 36x 15.4x 9.54x
PBR 2.17x 1.05x 1.33x 1.66x 1.54x 1.76x 1.67x 1.51x
PEG - -0.7x 0x 0x 0x -0.5x 0x 0.2x
Capitalization / Revenue 2.18x 1.25x 1.98x 2.49x 2.43x 6.63x 5.05x 3.54x
EV / Revenue 1.86x 1x 1.63x 2.02x 1.83x 6.1x 4.55x 3.04x
EV / EBITDA 3.45x 2.07x 3.72x 3.85x 2.68x 9.46x 6.96x 4.46x
EV / EBIT 6.63x 5.53x 9.18x 6.36x 3.34x 22.2x 10.3x 6.29x
EV / FCF 9.63x -18.2x 7.3x 5.37x 3.61x 20.6x 15.6x 8.19x
FCF Yield 10.4% -5.51% 13.7% 18.6% 27.7% 4.84% 6.4% 12.2%
Dividend per Share 2 0.045 0.01 0.02 0.05 0.08 0.0506 0.0506 0.0781
Rate of return 2.65% 1.15% 1.59% 2.6% 3.17% 1.4% 1.4% 2.16%
EPS 2 0.1545 0.0145 0.0695 0.1917 0.4068 0.1005 0.2346 0.3794
Distribution rate 29.1% 69% 28.8% 26.1% 19.7% 50.3% 21.6% 20.6%
Net sales 1 634.3 603.9 631.3 882.6 1,203 1,028 1,350 1,927
EBITDA 1 341 292.8 276.3 462.2 822.2 662.4 883.4 1,315
EBIT 1 177.5 109.8 111.8 279.9 658.2 282.5 594.3 932.9
Net income 1 126.8 12.4 61.56 216.6 474.2 151.4 443.5 710
Net Debt 1 -202.5 -147.8 -222.5 -413.8 -719.3 -549.3 -669.8 -949.8
Reference price 2 1.695 0.870 1.260 1.920 2.520 3.620 3.620 3.620
Nbr of stocks (in thousands) 814,017 867,385 991,298 1,142,970 1,158,992 1,883,376 - -
Announcement Date 25/8/21 28/8/22 27/8/23 25/8/24 24/8/25 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
34.63x5.84x9.07x1.45% 4.61B
12.69x4.25x6.19x2.2% 44.83B
28.75x17.5x18x0.76% 44.73B
7.38x2.73x3.89x5.84% 33.37B
16.45x4.79x8.38x3.15% 18.58B
11.72x - - 5.62% 18.03B
6.7x1.88x3.8x4.65% 11.37B
22.78x12.14x14.25x0.75% 6.62B
6.92x0.54x4.33x7.97% 4.13B
Average 16.45x 6.21x 8.49x 3.6% 20.7B
Weighted average by Cap. 16.28x 7.63x 9.30x 3.14%

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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