Company Valuation: Helix Resources Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2020 2021 2022 2023 2024 2025
Market Cap 1 7.411 31.43 16.26 11.61 9.789 6.725
Change - 324.02% -48.25% -28.59% -15.71% -31.3%
Enterprise Value (EV) 1 7.323 26.06 4.847 6.199 7.381 6.7
Change - 255.81% -81.4% 27.89% 19.07% -9.23%
P/E -13.5x -19.3x -4.6x -1.46x -6x -4x
PBR 0.75x 1.82x 0.59x 0.59x 0.46x 0.33x
PEG - -0.8x -0.3x -0x 0.1x -
Capitalization / Revenue 51.2x 156x 230x 35x 70.4x 108x
EV / Revenue 50.6x 129x 68.5x 18.7x 53.1x 108x
EV / EBITDA -15.1x -33.4x -3.21x -5.21x 1.33x -4.7x
EV / EBIT -14.8x -33.1x -2.51x -0.79x -6.87x -4.48x
EV / FCF -2.95x -39x -1.02x -1.4x -1.45x -2.71x
FCF Yield -34% -2.56% -98.3% -71.2% -69% -37%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.0362 -0.0454 -0.0533 -0.1194 -0.0175 -0.0175
Distribution rate - - - - - -
Net sales 1 0.1446 0.2013 0.0708 0.3314 0.139 0.0623
EBITDA 1 -0.4836 -0.7804 -1.508 -1.19 5.537 -1.424
EBIT 1 -0.4938 -0.7884 -1.929 -7.802 -1.075 -1.496
Net income 1 -0.4806 -1.17 -2.156 -7.912 -1.181 -1.576
Net Debt 1 -0.0882 -5.369 -11.41 -5.414 -2.408 -0.0248
Reference price 2 0.4900 0.8750 0.2450 0.1750 0.1050 0.0700
Nbr of stocks (in thousands) 15,126 35,915 66,376 66,376 93,263 96,120
Announcement Date 9/24/20 9/30/21 9/27/22 9/22/23 9/27/24 9/30/25
1AUD in Million2AUD
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 5.37M
16.47x3.89x7.05x3.58% 215B
11.05x2.75x5.99x5.32% 160B
14.77x4.24x7x3.22% 97.7B
11.64x0.37x5.97x3.53% 85.53B
25.37x6.24x16.25x-.--% 62.7B
55.1x3.12x7.66x2.32% 56.49B
15.44x3.14x6.19x0.59% 31.78B
12.21x3.88x5.98x5.09% 26.51B
12.65x4.56x8.01x3.93% 24.88B
Average 19.41x 3.58x 7.79x 3.07% 76.03B
Weighted average by Cap. 17.85x 3.43x 7.46x 3.45%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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