Company Valuation: Lynas Rare Earths Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 7,878 6,397 5,543 8,054 18,177 12,591 - -
Change - -18.8% -13.35% 45.31% 125.69% -30.73% - -
Enterprise Value (EV) 1 7,099 5,563 5,191 8,039 17,307 11,439 10,794 9,886
Change - -21.64% -6.69% 54.87% 115.28% -33.9% -5.64% -8.41%
P/E 14.6x 20.2x 65.8x 1,013x 81.9x 23x 15.7x 11.9x
PBR 4.79x 2.96x 2.47x 3.42x 5.21x 3.11x 2.57x 2.16x
PEG - -0.5x -0.9x -11.2x 0x 0x 0.3x 0.4x
Capitalization / Revenue 8.56x 8.65x 12x 14.5x 18.6x 7.72x 6.06x 4.89x
EV / Revenue 7.72x 7.52x 11.2x 14.4x 17.7x 7.01x 5.2x 3.84x
EV / EBITDA 11.8x 14.7x 39.3x 79.4x 44.8x 12.7x 8.78x 5.75x
EV / EBIT 13.1x 17.6x 69x 1,298x 70x 16x 10.1x 6.63x
EV / FCF 25.9x -26.6x -9.54x -24.6x 123x 24.7x 15.9x 9.63x
FCF Yield 3.86% -3.75% -10.5% -4.06% 0.81% 4.05% 6.29% 10.4%
Dividend per Share 2 - - - - - 0.085 0.0953 0.5507
Rate of return - - - - - 0.68% 0.76% 4.4%
EPS 2 0.597 0.3392 0.0901 0.0085 0.2206 0.5435 0.7988 1.05
Distribution rate - - - - - 15.6% 11.9% 52.4%
Net sales 1 920 739.3 463.3 556.5 977.9 1,631 2,077 2,573
EBITDA 1 601.2 377.7 132.1 101.2 386 900 1,230 1,719
EBIT 1 540.6 315.5 75.23 6.191 247.4 715.5 1,066 1,490
Net income 1 540.8 310.7 84.51 7.99 222.4 558.9 837.2 1,095
Net Debt 1 -778.8 -833.8 -352 -15.23 -870.8 -1,152 -1,798 -2,705
Reference price 2 8.73 6.85 5.93 8.61 18.06 12.51 12.51 12.51
Nbr of stocks (in thousands) 902,412 933,815 934,718 935,447 1,006,503 1,006,503 - -
Announcement Date 8/25/22 8/28/23 8/27/24 8/27/25 8/25/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.99x2.49x20.21x1.09% 19.25B
8.63x1.95x5.07x8.36% 18.24B
18.35x6.51x11.61x0.21% 10.02B
7.02x0.96x3.41x11.85% 9.28B
21.45x6.49x11.76x0.73% 8.86B
19.51x - - 0.24% 7.75B
-146.44x15.39x52.95x-.--% 7.31B
4.53x0.75x2.21x9.24% 6.45B
Average -5.12x 4.93x 15.32x 3.96% 10.9B
Weighted average by Cap. 2.37x 4.19x 14.30x 4.05%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Lynas Rare Earths Limited

Historical PBR trend

Valuation ratios - PBR - Lynas Rare Earths Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Lynas Rare Earths Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Lynas Rare Earths Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Lynas Rare Earths Limited
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