Company Valuation: Capstone Mining

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,823 2,520 3,379 4,707 7,675 8,588 - -
Change - 38.28% 34.06% 39.33% 63.04% 11.9% - -
Enterprise Value (EV) 1 1,571 3,008 4,251 5,644 8,637 9,242 8,725 8,542
Change - 91.45% 41.33% 32.78% 53.04% 7% -5.59% -2.1%
P/E 7.95x 19.5x -31.9x 56.8x 24.5x 17.5x 11.5x 11.4x
PBR - - - 1.56x 2.26x 2.11x 1.77x 1.49x
PEG - -0.3x 0x -0x 0x 0.3x 0.2x 8.14x
Capitalization / Revenue 2.29x 1.94x 2.51x 2.94x 3.25x 2.96x 2.45x 2.41x
EV / Revenue 1.98x 2.32x 3.16x 3.53x 3.66x 3.19x 2.49x 2.4x
EV / EBITDA 3.63x 8.52x 16.3x 11.4x 9.07x 6.47x 4.55x 4.4x
EV / EBIT 4.42x 21.4x 129x 34.6x 12.2x 9.25x 6.25x 6.08x
EV / FCF 3.74x -6.37x -8.5x -114x 52x 26.4x 19.3x 155x
FCF Yield 26.7% -15.7% -11.8% -0.88% 1.92% 3.79% 5.19% 0.64%
Dividend per Share 3 - - - - - - - -
Rate of return - - - - - - - -
EPS 3 0.7017 0.2539 -0.2025 0.1565 0.5622 0.8936 1.359 1.378
Distribution rate - - - - - - - -
Net sales 1 794.8 1,296 1,346 1,599 2,360 2,898 3,504 3,561
EBITDA 1 432.2 352.8 260.3 496.1 952.7 1,429 1,918 1,943
EBIT 1 355.2 140.2 32.93 162.9 705.7 998.6 1,396 1,404
Net income 1 226.8 122.2 -101.7 82.9 315.9 456.2 730.5 723.7
Net Debt 1 -251.7 487.2 871.8 936.5 962.4 653.3 137 -46.4
Reference price 3 5.58 4.94 6.45 8.89 13.78 15.66 15.66 15.66
Nbr of stocks (in thousands) 413,361 690,500 691,784 761,894 763,657 763,949 - -
Announcement Date 2/15/22 2/15/23 2/22/24 2/19/25 3/2/26 - - -
1CAD in Million2USD in Million3CAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
30.22x5.52x8.42x1.46% 53.54B
97.49x4.76x14.61x0.03% 26.4B
14.37x4.27x7.01x5.56% 24.4B
8.34x1.54x4.62x0.52% 19.27B
18.69x5.43x10.89x-.--% 17.78B
14.37x - - 2.82% 14.99B
16.67x4.2x7.75x0.09% 12.39B
17.7x3.22x6.55x-.--% 8.67B
19.72x4.01x7.64x1.14% 7.05B
Average 26.40x 4.12x 8.43x 1.29% 20.5B
Weighted average by Cap. 31.16x 4.48x 8.83x 1.49%

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