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 3,613 - -
Change - -18.61% 34.83% 31.84% 454.34% 8.88% - -
Enterprise Value (EV) 1 404.5 415.7 637.3 862.3 3,446 3,556 3,166 2,778
Change - 2.79% 53.28% 35.32% 299.62% 3.2% -10.98% -12.26%
P/E - 248x 41.4x - - 7.23x 5.84x 5.06x
PBR - - - - - - - -
PEG - - 0x - - - 0.2x 0.3x
Capitalization / Revenue 1.08x 0.84x 1.01x 1.17x 3.58x 2.33x 1.84x 1.67x
EV / Revenue 1.06x 1.04x 1.42x 1.69x 3.71x 2.29x 1.61x 1.28x
EV / EBITDA 2.36x 2.51x 4x 5.29x 7.42x 4.22x 2.8x 2.26x
EV / EBIT - - - - - 4.3x 3.05x 2.61x
EV / FCF 23.7x -10.5x -40.5x -16x 29.8x 14.8x 10.4x 6.31x
FCF Yield 4.22% -9.49% -2.47% -6.27% 3.36% 6.77% 9.6% 15.9%
Dividend per Share 2 - 0.0987 - - - - - -
Rate of return - 3.99% - - - - - -
EPS 2 - 0.01 0.08 - - 2.42 2.995 3.46
Distribution rate - 987% - - - - - -
Net sales 1 382.6 400 447.7 510.6 927.7 1,552 1,966 2,169
EBITDA 1 171.6 166 159.4 163.1 464.4 842.7 1,131 1,229
EBIT 1 - - - - - 828 1,037 1,064
Net income 1 180 0.622 11.42 24.58 78.3 426.5 622.5 720
Net Debt 1 -9.299 78.97 183.2 263.7 127.6 -56.65 -447 -835
Reference price 2 4.21 2.48 3.31 3.50 16.23 17.50 17.50 17.50
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.($)
- 2.29x4.22x - 3.61B
11.69x4.34x6.79x0.91% 121B
9.78x1.76x5.75x3.47% 115B
14.69x5.71x7.99x0.88% 93.01B
11.62x2.93x4.5x2.22% 66.28B
28.29x16.95x19.81x0.57% 61.92B
15.11x5.08x7.17x1.79% 48.7B
11.46x3.77x5.55x3.99% 48.45B
29.45x17.51x18.91x0.74% 46.1B
7.68x2.74x4.01x5.54% 31.64B
Average 15.53x 6.31x 8.47x 2.23% 63.56B
Weighted average by Cap. 14.74x 6.03x 8.47x 2%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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