Company Valuation: Grange Resources Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 341.4 873.8 978 538.2 254.6 329.8
Change - 155.93% 11.92% -44.97% -52.69% 29.55%
Enterprise Value (EV) 1 154.9 427.8 876 257.8 -42.11 54.87
Change - 176.08% 104.79% -70.57% -116.34% 230.29%
P/E 1.67x 2.71x 5.69x 3.59x 4.37x 7.11x
PBR 0.48x 1x 1.08x 0.52x 0.24x 0.3x
PEG - 0x -0.1x -0.3x -0.1x -0.3x
Capitalization / Revenue 0.65x 1.12x 1.64x 0.88x 0.49x 0.69x
EV / Revenue 0.29x 0.55x 1.47x 0.42x -0.08x 0.11x
EV / EBITDA 0.61x 0.92x 3.35x 0.95x -0.35x 0.52x
EV / EBIT 0.69x 0.98x 3.83x 1.26x -0.73x 1.08x
EV / FCF 1.62x 1.02x -5.2x 2.59x -0.36x 1.22x
FCF Yield 61.7% 98.1% -19.2% 38.6% -280% 82.1%
Dividend per Share 2 0.03 0.12 0.04 0.02 - -
Rate of return 10.2% 15.9% 4.73% 4.3% - -
EPS 2 0.1764 0.2784 0.1484 0.1296 0.0504 0.0401
Distribution rate 17% 43.1% 27% 15.4% - -
Net sales 1 526.3 781.7 594.6 614.7 520.8 477.9
EBITDA 1 252.4 462.7 261.8 270.8 119.3 106.4
EBIT 1 223.8 436 228.6 204.7 57.93 50.88
Net income 1 204.2 322.3 171.7 150.1 58.55 46.6
Net Debt 1 -186.5 -446 -101.9 -280.4 -296.7 -275
Reference price 2 0.2950 0.7550 0.8450 0.4650 0.2200 0.2850
Nbr of stocks (in thousands) 1,157,339 1,157,339 1,157,339 1,157,339 1,157,339 1,157,339
Announcement Date 2/25/21 2/25/22 2/24/23 2/28/24 2/28/25 2/26/26
1AUD in Million2AUD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 112M
13.59x1.5x7.81x0.9% 56.64B
16.85x0.95x7.71x0.84% 56.14B
13.82x1.51x8.91x0.91% 33.34B
13.17x1.17x7.08x2.28% 24.14B
35.53x6.8x23.14x0.17% 23.61B
12.54x0.77x7.15x3.6% 21.91B
12.25x0.56x5.42x2.94% 18.69B
13.9x0.93x7x2.75% 10.79B
13.29x3.98x10.38x0.06% 10.6B
Average 16.10x 2.02x 9.40x 1.6% 25.6B
Weighted average by Cap. 16.13x 1.79x 9.12x 1.37%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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