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 7,009 - -
Change - 38.28% 34.06% 39.33% 63.04% -8.68% - -
Enterprise Value (EV) 1 1,571 3,008 4,251 5,644 8,637 7,793 7,809 7,669
Change - 91.45% 41.33% 32.78% 53.04% -9.78% 0.22% -1.8%
P/E 7.95x 19.5x -31.9x 56.8x 24.5x 15.2x 9.71x 9.35x
PBR - - - 1.56x 2.26x 1.72x 1.44x 1.21x
PEG - -0.3x 0x -0x 0x 0.3x 0.2x 2.45x
Capitalization / Revenue 2.29x 1.94x 2.51x 2.94x 3.25x 2.47x 2.06x 2.03x
EV / Revenue 1.98x 2.32x 3.16x 3.53x 3.66x 2.75x 2.3x 2.22x
EV / EBITDA 3.63x 8.52x 16.3x 11.4x 9.07x 5.64x 4.21x 4.08x
EV / EBIT 4.42x 21.4x 129x 34.6x 12.2x 8.34x 6.17x 6.04x
EV / FCF 3.74x -6.37x -8.5x -114x 52x 23.2x 18.7x -3,135x
FCF Yield 26.7% -15.7% -11.8% -0.88% 1.92% 4.32% 5.33% -0.03%
Dividend per Share 3 - - - - - - - -
Rate of return - - - - - - - -
EPS 3 0.7017 0.2539 -0.2025 0.1565 0.5622 0.8575 1.343 1.394
Distribution rate - - - - - - - -
Net sales 1 794.8 1,296 1,346 1,599 2,360 2,838 3,396 3,455
EBITDA 1 432.2 352.8 260.3 496.1 952.7 1,381 1,853 1,880
EBIT 1 355.2 140.2 32.93 162.9 705.7 934 1,266 1,269
Net income 1 226.8 122.2 -101.7 82.9 315.9 445.7 692.5 685.3
Net Debt 1 -251.7 487.2 871.8 936.5 962.4 783.6 800.4 660.1
Reference price 3 5.58 4.94 6.45 8.89 13.78 13.03 13.03 13.03
Nbr of stocks (in thousands) 413,361 690,500 691,784 761,894 763,657 763,895 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
27.74x5.12x7.77x1.54% 49.46B
13.37x3.86x6.32x3.74% 23.45B
64.24x4.35x12.05x0.05% 22.59B
7.32x1.41x4.13x0.61% 17.45B
13.73x4.31x8.64x-.--% 12.94B
12.96x3x5.39x0.1% 9.37B
11.74x - - 2.02% 9.3B
20.35x3.91x7.62x1.17% 6.31B
Average 21.43x 3.71x 7.42x 1.15% 18.86B
Weighted average by Cap. 25.19x 4.06x 7.68x 1.34%

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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