Company Valuation: Artemis Resources Limited

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 107.7 21.18 59.96 65.26 37.48 21.98
Change - -80.32% 183.05% 8.84% -42.56% -41.37%
Enterprise Value (EV) 1 84.09 26.15 53.12 55.64 25.25 16.68
Change - -68.9% 103.1% 4.75% -54.62% -33.93%
P/E ratio 8.42x -2.22x -4.29x -5.59x -4.66x -1.2x
PBR 1.84x 0.4x 1.12x 1.13x 0.63x 0.48x
PEG - 0x 0.71x 0.2x 0.1x -0x
Capitalization / Revenue 5.67x 1,747x 318x 488x 1,123x 274x
EV / Revenue 4.43x 2,157x 282x 416x 756x 208x
EV / EBITDA 6.05x -3.59x -11.1x -14.4x -10.9x -6.7x
EV / EBIT 6.14x -3.27x -3.76x -5.04x -3.57x -5.06x
EV / FCF -20.8x -0.87x -144x -6.36x -4.42x -2.1x
FCF Yield -4.8% -115% -0.69% -15.7% -22.6% -47.6%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.0202 -0.0144 -0.0135 -0.0093 -0.0058 -0.0117
Distribution rate - - - - - -
Net sales 1 18.98 0.0121 0.1885 0.1338 0.0334 0.0802
EBITDA 1 13.9 -7.287 -4.793 -3.877 -2.325 -2.49
EBIT 1 13.69 -7.995 -14.12 -11.03 -7.076 -3.3
Net income 1 12.07 -9.348 -12.27 -10.48 -7.529 -16.92
Net Debt 1 -23.57 4.971 -6.841 -9.616 -12.24 -5.296
Reference price 2 0.1700 0.0320 0.0580 0.0520 0.0270 0.0140
Nbr of stocks (in thousands) 633,294 661,991 1,033,819 1,254,998 1,388,331 1,569,918
Announcement Date 9/28/18 9/27/19 9/30/20 9/30/21 9/30/22 9/29/23
1AUD in Million2AUD
Estimates

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P/E ratio EV / Sales EV / EBITDA Yield (Y) Capi. ($)
9.97x2.63x4.83x+5.35%133B
8.4x1.98x4.37x+7.03%102B
18.14x0.39x5.67x+2.75%57.44B
39.4x5.65x14.96x-.--%38.48B
10.3x2.4x4.56x+5.85%39.4B
74.79x1.49x4.46x+3.16%31.63B
19.54x6.04x11.71x+5.33%23.97B
24.72x2.03x4.97x+1.65%23.22B
12.25x1.51x5.3x+7.56%19.79B
Average 24.17x 2.68x 6.76x +4.30% 52.08B
Weighted average by Cap. 18.76x 2.46x 5.99x +4.76%
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Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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