Company Valuation: Mineral Resources Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,135 9,081 13,786 10,484 4,213 12,933 - -
Change - -10.39% 51.8% -23.95% -59.82% 206.97% - -
Enterprise Value (EV) 1 9,855 9,779 15,641 14,912 9,562 17,351 15,731 15,147
Change - -0.77% 59.94% -4.66% -35.88% 81.45% -9.34% -3.71%
P/E 7.98x 26.1x 56.6x 84.3x -4.7x 13.8x 14.4x 15.7x
PBR 3.16x 2.83x 3.97x 3x 1.32x 3.11x 2.4x 2.17x
PEG - -0.4x -1.8x -1.7x 0x -0x -3.14x -1.9x
Capitalization / Revenue 2.71x 2.66x 2.88x 1.99x 0.94x 2.04x 1.95x 1.98x
EV / Revenue 2.64x 2.86x 3.27x 2.83x 2.14x 2.73x 2.37x 2.32x
EV / EBITDA 5.18x 9.55x 8.92x 14.1x 10.6x 6.79x 5.9x 5.89x
EV / EBIT 6x 14.6x 12x 34.8x 66.9x 10.5x 9.15x 9.8x
EV / FCF 20x -26.1x -28.5x -6.17x -4.01x 24.6x 17.6x 18x
FCF Yield 5.01% -3.83% -3.5% -16.2% -24.9% 4.06% 5.67% 5.56%
Dividend per Share 2 2.75 1 1.9 0.2 - 0.0688 0.9376 1.524
Rate of return 5.12% 2.07% 2.66% 0.37% - 0.1% 1.43% 2.33%
EPS 2 6.732 1.849 1.262 0.64 -4.59 4.761 4.543 4.166
Distribution rate 40.9% 54.1% 150% 31.3% - 1.44% 20.6% 36.6%
Net sales 1 3,734 3,418 4,779 5,278 4,472 6,349 6,649 6,540
EBITDA 1 1,901 1,024 1,754 1,057 901 2,555 2,666 2,572
EBIT 1 1,643 671.5 1,304 429 143 1,653 1,719 1,545
Net income 1 1,270 349.2 243.3 114 -896 920.9 871.8 716.1
Net Debt 1 -280.2 697.5 1,855 4,428 5,349 4,418 2,798 2,214
Reference price 2 53.73 48.27 71.43 53.92 21.56 65.52 65.52 65.52
Nbr of stocks (in thousands) 188,624 188,138 192,996 194,437 195,408 197,384 - -
Announcement Date 8/10/21 8/28/22 8/28/23 8/28/24 8/27/25 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.99x2.77x6.87x0.1% 9.3B
20.75x4.1x7.33x3.48% 228B
11.97x2.97x6.49x4.91% 175B
15.94x4.53x7.52x3.17% 102B
12.57x0.39x6.27x3.3% 90.81B
25.65x6.99x16.99x-.--% 67.31B
52.31x3.23x7.91x1.76% 58.72B
15.13x3.13x6.19x0.59% 32.42B
13.6x4.42x6.66x4.3% 30.02B
13.29x4.78x8.49x3.82% 25.91B
Average 19.52x 3.73x 8.07x 2.54% 81.96B
Weighted average by Cap. 19.24x 3.66x 7.85x 3.21%

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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  4. Valuation Mineral Resources Limited