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 8,326 - -
Change - 38.28% 34.06% 39.33% 63.04% 8.49% - -
Enterprise Value (EV) 1 1,571 3,008 4,251 5,644 8,637 8,979 8,463 8,280
Change - 91.45% 41.33% 32.78% 53.04% 3.96% -5.75% -2.17%
P/E 7.95x 19.5x -31.9x 56.8x 24.5x 16.6x 10.9x 10.8x
PBR - - - 1.56x 2.26x 1.99x 1.68x 1.41x
PEG - -0.3x 0x -0x 0x 0.3x 0.2x 7.71x
Capitalization / Revenue 2.29x 1.94x 2.51x 2.94x 3.25x 2.87x 2.38x 2.34x
EV / Revenue 1.98x 2.32x 3.16x 3.53x 3.66x 3.1x 2.42x 2.33x
EV / EBITDA 3.63x 8.52x 16.3x 11.4x 9.07x 6.29x 4.41x 4.26x
EV / EBIT 4.42x 21.4x 129x 34.6x 12.2x 8.99x 6.06x 5.9x
EV / FCF 3.74x -6.37x -8.5x -114x 52x 25.6x 18.7x 151x
FCF Yield 26.7% -15.7% -11.8% -0.88% 1.92% 3.9% 5.35% 0.66%
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 14.82 14.82 14.82
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.($)
25.9x5.1x7.83x1.69% 48.33B
89.93x4.82x14.77x0.03% 26.68B
8.11x1.49x4.4x0.52% 18.56B
18.26x5.33x10.69x-.--% 17.33B
12.62x - - 3.04% 13.91B
16.37x4.12x7.61x0.09% 12.17B
16.94x3.1x6.29x-.--% 8.34B
19.88x4.04x7.71x1.06% 7.14B
Average 26.00x 4.00x 8.47x 0.8% 19.06B
Weighted average by Cap. 31.33x 4.33x 8.95x 0.94%

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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