Company Valuation: Lundin Mining Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 6,527 5,738 4,732 6,351 6,655 20,779 20,779 -
Change - -12.09% -17.53% 34.19% 4.8% 212.23% 0% -
Enterprise Value (EV) 1 6,589 5,175 4,743 7,568 8,304 21,000 20,552 21,086
Change - -21.46% -8.35% 59.54% 9.73% 152.89% -2.13% 2.6%
P/E ratio 38.6x 7.37x 11x 26.5x -33.1x 33.3x 21.9x 26.4x
PBR 1.64x 1.29x 0.97x 1.28x 2.14x 3.25x 2.84x 2.57x
PEG - 0x -0.2x -0.6x 0x -0x 0.4x -1.6x
Capitalization / Revenue 3.2x 1.72x 1.56x 1.87x 1.62x 5.17x 4.82x 4.87x
EV / Revenue 3.23x 1.55x 1.56x 2.23x 2.02x 5.23x 4.77x 4.95x
EV / EBITDA 7.69x 2.77x 3.67x 5.55x 4.86x 11.3x 8.95x 9.79x
EV / EBIT 16.1x 4.07x 8.4x 14.3x 9.02x 16.7x 12x 14x
EV / FCF 48.9x 5.43x 140x 2,165x 14.5x 37.3x 40.6x -280x
FCF Yield 2.04% 18.4% 0.72% 0.05% 6.88% 2.68% 2.46% -0.36%
Dividend per Share 2 0.127 0.3072 0.347 0.2665 0.2531 0.1003 0.0769 0.0792
Rate of return 1.43% 3.94% 5.65% 3.25% 2.94% 0.41% 0.32% 0.33%
EPS 2 0.23 1.06 0.56 0.31 -0.26 0.7309 1.109 0.9214
Distribution rate 55.2% 29% 62% 86% -97.3% 13.7% 6.94% 8.6%
Net sales 1 2,042 3,329 3,041 3,392 4,117 4,018 4,313 4,264
EBITDA 1 856.9 1,869 1,293 1,364 1,707 1,864 2,297 2,153
EBIT 1 409.7 1,273 564.3 530 920.5 1,261 1,714 1,507
Net income 1 168.8 780.3 426.9 241.6 -203.5 642.6 927.1 787.5
Net Debt 1 61.6 -563.1 10.9 1,217 1,649 220.2 -227.3 306.1
Reference price 2 8.87 7.81 6.14 8.21 8.60 24.32 24.32 24.32
Nbr of stocks (in thousands) 736,020 734,987 770,747 773,689 774,103 854,348 854,348 -
Announcement Date 2/19/21 2/17/22 2/22/23 2/21/24 2/19/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.28x5.23x11.27x0.41% 20.78B
13.28x3.26x5.93x4.03% 159B
13.52x2.77x6.35x4.5% 139B
18.35x4.58x8.35x2.87% 82.4B
53.06x0.48x8.29x1.6% 73.87B
33.18x7.52x18.27x-.--% 69.85B
-47.41x2.99x9.07x0.52% 47.27B
34.24x8.28x14.1x1.82% 37.06B
22.42x7.07x13.41x3.48% 29.42B
13.69x1.9x6.1x5.62% 27.19B
Average 18.76x 4.41x 10.11x 2.49% 68.57B
Weighted average by Cap. 18.21x 3.88x 8.96x 2.88%
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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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