Company Valuation: Denison Mines Corp.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,405 1,275 2,067 2,330 3,266 3,795 - -
Change - -9.24% 62.1% 12.72% 40.19% 16.21% - -
Enterprise Value (EV) 1 1,341 1,216 1,936 2,221 3,412 3,869 4,192 4,355
Change - -9.29% 59.15% 14.75% 53.63% 13.39% 8.35% 3.89%
P/E 87x 77.5x 23.2x -26.1x -15.2x -22.4x -58.3x 58.4x
PBR - - - - - - - -
PEG - - 0x 0x -0x 1x 0.9x -0x
Capitalization / Revenue 70.2x 75.2x 1,114x 579x 664x 181x 140x 11.1x
EV / Revenue 67x 71.8x 1,044x 552x 694x 185x 154x 12.8x
EV / EBITDA -88.2x -42.2x -55.9x -26.3x -78.3x -81.6x -107x 30.6x
EV / EBIT 62.2x 68.2x 20.9x -23.5x -55.6x -85.9x -121x 16.6x
EV / FCF - -34.7x -57.1x -46.2x -28.8x -16.3x -14.1x -70.1x
FCF Yield - -2.88% -1.75% -2.16% -3.48% -6.15% -7.1% -1.43%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.02 0.02 0.1 -0.1 -0.24 -0.1875 -0.072 0.0719
Distribution rate - - - - - - - -
Net sales 1 20 16.94 1.855 4.023 4.918 20.95 27.19 341.2
EBITDA 1 -15.2 -28.83 -34.6 -84.57 -43.58 -47.39 -39.24 142.5
EBIT 1 21.57 17.83 92.48 -94.5 -61.35 -45.04 -34.56 262.7
Net income 1 18.98 14.35 90.38 -91.12 -217.3 -166.7 -64.72 65.44
Net Debt 1 -64 -58.72 -131.1 -108.5 146.2 74 397 560
Reference price 2 1.740 1.550 2.320 2.610 3.640 4.200 4.200 4.200
Nbr of stocks (in thousands) 807,362 822,605 890,860 892,618 897,291 903,680 - -
Announcement Date 3/3/22 3/10/23 2/29/24 3/14/25 3/11/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.17x3.44x6.16x3.41% 17.77B
-38.04x - -86.32x - 6.53B
227.38x9.78x42.65x-.--% 3.03B
-75.33x24.58x-118.19x - 3.22B
-110.43x774.08x-64.75x-.--% 930M
-116.18x233594.17x-81.28x-.--% 495M
Average -16.57x 46,881.21x -50.29x 0.85% 5.33B
Weighted average by Cap. 8.51x 4,583.13x -25.20x 2.73%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  5. Valuation Denison Mines Corp.