Company Valuation: Ecora Royalties PLC

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 287.8 387.7 258.9 159.1 285.9 355.4 - -
Change - 34.73% -33.22% -38.55% 79.7% 24.31% - -
Enterprise Value (EV) 1 377.8 424.1 318 222.6 285.9 391.1 369.5 348.9
Change - 12.27% -25.03% -29.99% 28.44% 36.78% -5.52% -5.58%
P/E ratio 9.86x 4.61x 385x -21.2x 17.3x 22.2x 30.3x 20.4x
PBR 0.81x 0.77x 0.68x 0.47x - 0.99x 0.99x 0.99x
PEG - 0x -3.9x 0x -0x -6.41x -1.1x 0.4x
Capitalization / Revenue 4.44x 3.37x 5.28x 3.44x 6.84x 6.54x 6.95x 5.98x
EV / Revenue 5.83x 3.69x 6.49x 4.82x 6.84x 7.2x 7.22x 5.87x
EV / EBITDA 7.03x 4.12x 7.97x 5.97x 9.71x 10.1x 10.6x 8.1x
EV / EBIT 8.93x 4.46x 9.51x 7.27x 15.1x 15.6x 19.3x 12.9x
EV / FCF -2.49x 3.3x -17x 13.1x - 12.6x 12.3x 8.53x
FCF Yield -40.2% 30.3% -5.87% 7.66% - 7.95% 8.11% 11.7%
Dividend per Share 2 0.07 0.07 0.0673 0.0217 - 0.0363 0.0359 0.0398
Rate of return 5.19% 4.65% 6.71% 3.39% - 2.55% 2.52% 2.79%
EPS 2 0.1367 0.3265 0.00261 -0.0302 0.0664 0.0641 0.047 0.0699
Distribution rate 51.2% 21.4% 2,579% -71.9% - 56.7% 76.3% 56.9%
Net sales 1 64.8 114.9 49.02 46.23 41.78 54.35 51.17 59.46
EBITDA 1 53.78 103 39.87 37.27 29.45 38.87 34.75 43.08
EBIT 1 42.29 95.12 33.42 30.61 18.91 25.11 19.14 27.1
Net income 1 28.47 76.67 0.6707 -7.621 16.58 15.47 11.36 16.98
Net Debt 1 90.01 36.4 59.04 63.5 - 35.64 14.06 -6.556
Reference price 2 1.348 1.506 1.004 0.640 1.148 1.424 1.424 1.424
Nbr of stocks (in thousands) 213,481 257,451 257,903 248,598 249,055 249,601 - -
Announcement Date 3/30/22 3/29/23 3/27/24 3/27/25 3/26/26 - - -
1GBP in Million2GBP
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.23x7.2x10.06x2.55% 482M
15.64x3.77x6.75x3.68% 204B
12.17x2.98x6.4x4.76% 173B
20.91x5.29x9.65x2.47% 95.19B
14.12x0.44x6.16x2.49% 86.89B
25.12x7.32x16.22x0.04% 73.87B
28.74x2.96x7.88x1.27% 53.9B
14.81x5.32x7.58x3.47% 37.78B
15.04x2.2x6.76x4.76% 33.24B
18.51x3.39x7.49x0.62% 29.11B
Average 18.73x 4.09x 8.50x 2.61% 78.78B
Weighted average by Cap. 17.18x 3.69x 7.99x 3.06%

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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