Company Valuation: Mineros S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,089,545 554,514 550,018 1,275,383 4,525,442 6,336,013 - -
Change - -49.11% -0.81% 131.88% 254.83% 40.01% - -
Enterprise Value (EV) 1 1,089,545 540,329 454,973 985,831 4,185,915 5,713,040 5,349,375 5,048,957
Change - -50.41% -15.8% 116.68% 324.61% 36.48% -6.37% -5.62%
P/E - - - - - - - -
PBR - 0.33x 0.41x - - - - -
PEG - - - - - - - -
Capitalization / Revenue 0.56x 0.21x 0.28x 0.58x 1.54x 1.79x 2.28x 2.41x
EV / Revenue 0.56x 0.21x 0.23x 0.45x 1.43x 1.61x 1.93x 1.92x
EV / EBITDA 1.8x 0.62x 0.72x - 3.19x 3.83x 7.95x -
EV / EBIT - - - - - - - -
EV / FCF - - - 2.67x 9.58x 32.8x 20.3x -
FCF Yield - - - 37.4% 10.4% 3.04% 4.92% -
Dividend per Share 2 - 393.1 - 308.1 - - - -
Rate of return - 21.2% - 7.24% - - - -
EPS 2 - - - - - - - -
Distribution rate - - - - - - - -
Net sales 1 1,939,433 2,591,258 1,975,123 2,212,483 2,931,925 3,540,880 2,774,112 2,627,871
EBITDA 1 604,610 866,865 633,931 - 1,314,056 1,493,192 672,589 -
EBIT - 586,285 426,001 - - - - -
Net income - - - - - - - -
Net Debt 1 - -14,185 -95,046 -289,551 -339,527 -622,973 -986,638 -1,287,056
Reference price 2 3,635.00 1,850.00 1,835.00 4,255.00 15,300.00 21,820.00 21,820.00 21,820.00
Nbr of stocks (in thousands) 299,737 299,737 299,737 299,737 295,781 290,376 - -
Announcement Date 2/28/22 2/20/23 2/15/24 2/14/25 2/18/26 - - -
1COP in Million2COP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.63x4.64x7.23x0.85% 129B
15.96x6.24x8.72x0.81% 101B
12.43x3.14x4.78x2.08% 70.78B
30.94x18.64x21.84x0.52% 68.38B
12.47x4.11x6.02x3.71% 52.72B
9.78x3.3x5x0.54% 33.24B
17.28x3.65x7.6x2.27% 22.48B
21.27x11.13x13.66x0.77% 21.15B
14.53x3.94x7.63x - 20.31B
Average 16.37x 6.53x 9.16x 1.44% 57.69B
Weighted average by Cap. 16.09x 6.65x 9.14x 1.31%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


-40%: Exceptional extension
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