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 5,914 - -
Change - -45.31% 65.52% 75.7% 33.09% 102.48% - -
Enterprise Value (EV) 1 1,177 606.8 1,027 1,781 2,201 5,356 5,224 4,922
Change - -48.45% 69.16% 73.47% 23.63% 143.31% -2.47% -5.77%
P/E 11x 60x 18.1x 10x 6.19x 32.6x 13.2x 8.15x
PBR 2.17x 1.05x 1.33x 1.66x 1.54x 1.52x 1.44x 1.3x
PEG - -0.7x 0x 0x 0x -0.4x 0x 0.1x
Capitalization / Revenue 2.18x 1.25x 1.98x 2.49x 2.43x 5.69x 4.35x 3.05x
EV / Revenue 1.86x 1x 1.63x 2.02x 1.83x 5.15x 3.85x 2.54x
EV / EBITDA 3.45x 2.07x 3.72x 3.85x 2.68x 7.97x 5.85x 3.71x
EV / EBIT 6.63x 5.53x 9.18x 6.36x 3.34x 18.3x 8.63x 5.2x
EV / FCF 9.63x -18.2x 7.3x 5.37x 3.61x 17.6x 13.3x 6.87x
FCF Yield 10.4% -5.51% 13.7% 18.6% 27.7% 5.67% 7.53% 14.6%
Dividend per Share 2 0.045 0.01 0.02 0.05 0.08 0.0512 0.0512 0.0794
Rate of return 2.65% 1.15% 1.59% 2.6% 3.17% 1.63% 1.63% 2.53%
EPS 2 0.1545 0.0145 0.0695 0.1917 0.4068 0.0964 0.2388 0.3852
Distribution rate 29.1% 69% 28.8% 26.1% 19.7% 53.1% 21.4% 20.6%
Net sales 1 634.3 603.9 631.3 882.6 1,203 1,039 1,359 1,938
EBITDA 1 341 292.8 276.3 462.2 822.2 671.8 892.3 1,325
EBIT 1 177.5 109.8 111.8 279.9 658.2 293.2 605.4 946.2
Net income 1 126.8 12.4 61.56 216.6 474.2 159.9 451.4 719.6
Net Debt 1 -202.5 -147.8 -222.5 -413.8 -719.3 -557.5 -690 -991.5
Reference price 2 1.695 0.870 1.260 1.920 2.520 3.140 3.140 3.140
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
32.58x5.15x7.97x1.63% 4.16B
27.21x16.52x16.99x0.8% 42.34B
11.55x3.77x5.55x2.47% 39.96B
6.82x2.52x3.59x6.31% 30.82B
14.91x4.35x7.6x3.48% 16.83B
10.39x - - 6.33% 15.98B
6.28x1.76x3.56x4.97% 10.62B
6.49x0.5x4.04x8.5% 3.86B
Average 14.53x 4.94x 7.04x 4.31% 20.57B
Weighted average by Cap. 15.00x 7.02x 8.52x 3.52%

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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