Company Valuation: Kenmare Resources plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 596.4 501.5 448.4 355.2 296.6 216.6 - -
Change - -15.91% -10.6% -20.77% -16.5% -26.98% - -
Enterprise Value (EV) 1 679.2 474 394.1 377.8 455.4 401.2 387.5 341
Change - -30.21% -16.86% -4.13% 20.55% -11.91% -3.4% -12.01%
P/E 5.42x 2.49x 3.67x 5.61x -0.91x -6.08x -5.86x 4.08x
PBR 0.64x 0.45x 0.42x 0.31x 0.36x 0.28x 0.29x 0.26x
PEG - 0x -0.1x -0.1x 0x 0.1x -1.55x -0x
Capitalization / Revenue 1.31x 0.95x 0.98x 0.86x 0.9x 0.72x 0.67x 0.52x
EV / Revenue 1.49x 0.9x 0.86x 0.91x 1.39x 1.34x 1.2x 0.82x
EV / EBITDA 3.14x 1.59x 1.79x 2.4x 7.85x 8.57x 5.68x 2.59x
EV / EBIT 4.44x 2.03x 2.54x 4.23x 479x -26.2x 14.5x 3.78x
EV / FCF 7.77x 3.17x 4.55x 52.2x -4.42x -20.8x 24.6x 7.38x
FCF Yield 12.9% 31.6% 22% 1.92% -22.6% -4.82% 4.07% 13.6%
Dividend per Share 2 0.3271 0.543 0.5604 0.32 - - 0.12 0.144
Rate of return 5.21% 10.3% 11.2% 8.04% - - 4.94% 5.93%
EPS 2 1.16 2.12 1.37 0.71 -3.64 -0.3995 -0.4146 0.595
Distribution rate 28.2% 25.6% 40.9% 45.1% - - -28.9% 24.2%
Net sales 1 455.9 526 458.5 414.7 328.6 299.3 322 415
EBITDA 1 216.1 298 220.3 157.1 58 46.83 68.25 131.4
EBIT 1 153 233.4 155.1 89.22 0.951 -15.3 26.65 90.13
Net income 1 128.5 206 131 64.89 -325 -38.57 -32.1 60.1
Net Debt 1 82.8 -27.5 -54.29 22.56 158.8 184.6 170.9 124.4
Reference price 2 6.283 5.283 5.025 3.981 3.324 2.427 2.427 2.427
Nbr of stocks (in thousands) 94,922 94,922 89,228 89,228 89,228 89,228 - -
Announcement Date 3/23/22 3/22/23 3/20/24 3/26/25 3/25/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-6.61x1.28x7.89x-.--% 215M
24.31x9.4x14.4x2.12% 159B
23.36x3.5x8.33x0.86% 99.57B
11.94x1.38x5.71x2.96% 54.36B
19.5x3.66x12.48x0.9% 22.25B
7.07x0.29x8.02x6.01% 19.65B
32.93x - - 1.23% 20.08B
20.42x1.19x10.21x2.15% 17.61B
11.04x1.52x10.45x2.94% 16.58B
Average 16.00x 2.78x 9.69x 2.13% 45.48B
Weighted average by Cap. 21.05x 5.27x 10.84x 2.04%

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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