Company Valuation: Impact Minerals Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2020 2021 2022 2023 2024 2025
Market Cap 1 21.05 24.28 17.37 39.83 45.89 23.73
Change - 15.36% -28.47% 129.28% 15.22% -48.28%
Enterprise Value (EV) 1 18.58 20.84 13.52 35.55 42.86 21.6
Change - 12.15% -35.12% 162.95% 20.55% -49.61%
P/E -11.2x -4.54x -6.11x -6.14x -6.4x -2.17x
PBR 1.57x 1.55x 0.94x 2.29x 3.06x 2.08x
PEG - -0x 0.1x -0.1x -2.26x -0.1x
Capitalization / Revenue 1,017x 1,554x 4,950x 522x 396x -
EV / Revenue 898x 1,333x 3,853x 466x 370x -
EV / EBITDA -16.5x -20.7x -9.83x -126x -69.7x -10.9x
EV / EBIT -14.5x -4.38x -5.38x -6.15x -7.63x -2.8x
EV / FCF -16x -5.15x -1.98x -49.4x -183x 188x
FCF Yield -6.27% -19.4% -50.5% -2.02% -0.55% 0.53%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.012 -0.0264 -0.0115 -0.0228 -0.0234 -0.0277
Distribution rate - - - - - -
Net sales 1 0.0207 0.0156 0.003509 0.0762 0.1159 -
EBITDA 1 -1.128 -1.008 -1.375 -0.282 -0.6151 -1.977
EBIT 1 -1.28 -4.76 -2.514 -5.782 -5.618 -7.713
Net income 1 -1.685 -4.76 -2.399 -5.782 -6.753 -9.018
Net Debt 1 -2.467 -3.443 -3.848 -4.271 -3.026 -2.134
Reference price 2 0.1350 0.1200 0.0700 0.1400 0.1500 0.0600
Nbr of stocks (in thousands) 155,949 202,379 248,137 284,470 305,943 395,533
Announcement Date 9/28/20 9/16/21 9/28/22 9/20/23 9/27/24 9/30/25
1AUD in Million2AUD
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 10.62M
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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