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 4,148 - -
Change - -9.24% 62.1% 12.72% 40.19% 27% - -
Enterprise Value (EV) 1 1,341 1,216 1,936 2,221 3,412 4,222 4,545 4,708
Change - -9.29% 59.15% 14.75% 53.63% 23.72% 7.65% 3.59%
P/E 87x 77.5x 23.2x -26.1x -15.2x -24.5x -63.8x 63.9x
PBR - - - - - - - -
PEG - - 0x 0x -0x 1.1x 1x -0x
Capitalization / Revenue 70.2x 75.2x 1,114x 579x 664x 198x 153x 12.2x
EV / Revenue 67x 71.8x 1,044x 552x 694x 202x 167x 13.8x
EV / EBITDA -88.2x -42.2x -55.9x -26.3x -78.3x -89.1x -116x 33x
EV / EBIT 62.2x 68.2x 20.9x -23.5x -55.6x -93.7x -132x 17.9x
EV / FCF - -34.7x -57.1x -46.2x -28.8x -17.7x -15.3x -75.8x
FCF Yield - -2.88% -1.75% -2.16% -3.48% -5.64% -6.55% -1.32%
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 4.590 4.590 4.590
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.($)
13.48x3.58x6.61x3.33% 18.34B
-74.32x - -96.87x - 6.89B
-54.61x32.17x-89.02x - 3.57B
247.26x10.64x46.93x-.--% 3.3B
-24.05x198.07x-87.56x - 2.92B
-117.36x829.98x-68.81x-.--% 993M
-120.97x244173.67x-84.96x-.--% 518M
Average -18.65x 40,874.69x -53.38x 0.83% 5.22B
Weighted average by Cap. 2.88x 4,324.61x -29.51x 2.64%

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.