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 3,570 - -
Change - -9.24% 62.1% 12.72% 40.19% 9.29% - -
Enterprise Value (EV) 1 1,341 1,216 1,936 2,221 3,412 3,644 3,967 4,130
Change - -9.29% 59.15% 14.75% 53.63% 6.77% 8.87% 4.11%
P/E 87x 77.5x 23.2x -26.1x -15.2x -21.1x -54.9x 55x
PBR - - - - - - - -
PEG - - 0x 0x -0x 1x 0.9x -0x
Capitalization / Revenue 70.2x 75.2x 1,114x 579x 664x 170x 131x 10.5x
EV / Revenue 67x 71.8x 1,044x 552x 694x 174x 146x 12.1x
EV / EBITDA -88.2x -42.2x -55.9x -26.3x -78.3x -76.9x -101x 29x
EV / EBIT 62.2x 68.2x 20.9x -23.5x -55.6x -80.9x -115x 15.7x
EV / FCF - -34.7x -57.1x -46.2x -28.8x -15.3x -13.3x -66.5x
FCF Yield - -2.88% -1.75% -2.16% -3.48% -6.53% -7.5% -1.5%
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 3.950 3.950 3.950
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.04x3.4x6.09x3.43% 17.43B
-35.59x - -80.71x - 6.13B
222.94x9.59x41.81x-.--% 2.97B
-66.81x22.16x-106.56x - 2.86B
-116.61x750.6x-65.42x-.--% 904M
-105.89x210923.81x-73.39x-.--% 451M
Average -14.82x 42,341.91x -46.36x 0.86% 5.12B
Weighted average by Cap. 10.65x 3,895.56x -21.51x 2.75%

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.