Company Valuation: Aris Mining Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 413.8 336.8 454.1 598.6 3,318 3,273 - -
Change - -18.61% 34.83% 31.84% 454.34% -1.37% - -
Enterprise Value (EV) 1 404.5 415.7 637.3 862.3 3,446 3,102 2,543 2,228
Change - 2.79% 53.28% 35.32% 299.62% -9.98% -18.02% -12.39%
P/E - 248x 41.4x - - 6.55x 5.05x 4.79x
PBR - - - - - - - -
PEG - - 0x - - - 0.2x 0.88x
Capitalization / Revenue 1.08x 0.84x 1.01x 1.17x 3.58x 2.1x 1.61x 1.45x
EV / Revenue 1.06x 1.04x 1.42x 1.69x 3.71x 1.99x 1.25x 0.99x
EV / EBITDA 2.36x 2.51x 4x 5.29x 7.42x 3.69x 2.2x 1.85x
EV / EBIT - - - - - 3.75x 2.45x 2.09x
EV / FCF 23.7x -10.5x -40.5x -16x 29.8x 12.8x 8.81x 5.32x
FCF Yield 4.22% -9.49% -2.47% -6.27% 3.36% 7.8% 11.4% 18.8%
Dividend per Share 2 - 0.0987 - - - - - -
Rate of return - 3.99% - - - - - -
EPS 2 - 0.01 0.08 - - 2.42 3.14 3.31
Distribution rate - 987% - - - - - -
Net sales 1 382.6 400 447.7 510.6 927.7 1,559 2,038 2,250
EBITDA 1 171.6 166 159.4 163.1 464.4 841 1,157 1,206
EBIT 1 - - - - - 828 1,037 1,064
Net income 1 180 0.622 11.42 24.58 78.3 437.6 638.8 722.2
Net Debt 1 -9.299 78.97 183.2 263.7 127.6 -171 -730 -1,045
Reference price 2 4.21 2.48 3.31 3.50 16.23 15.85 15.85 15.85
Nbr of stocks (in thousands) 98,241 136,058 137,216 170,900 204,402 206,431 - -
Announcement Date 3/31/22 3/14/23 3/6/24 3/12/25 3/11/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 2.06x3.82x - 3.38B
12.21x4.42x6.92x0.92% 118B
9.58x1.67x5.54x3.5% 108B
15.6x5.9x8.3x0.96% 92.72B
11.4x2.97x4.59x2.22% 65.12B
27.54x16.2x19.39x0.62% 57.28B
30.62x18.57x20.01x0.74% 45.92B
10.84x3.48x5.21x4.2% 44.54B
13.62x4.39x6.32x2.25% 42.03B
7.74x2.72x4.03x5.41% 31.7B
Average 15.46x 6.24x 8.41x 2.31% 60.9B
Weighted average by Cap. 14.78x 6.00x 8.46x 2.05%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Aris Mining Corporation

Historical PBR trend

Valuation ratios - PBR - Aris Mining Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Aris Mining Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Aris Mining Corporation

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