Company Valuation: Royal Gold, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,906 7,394 7,946 8,670 18,761 20,169 - -
Change - 7.07% 7.47% 9.11% 116.39% 7.51% - -
Enterprise Value (EV) 1 6,767 7,847 8,088 8,475 19,423 19,809 18,296 16,815
Change - 15.95% 3.08% 4.78% 129.19% 1.99% -7.64% -8.09%
P/E 25.2x 31.1x - 26.2x 33.2x 21.2x 18.8x 17.1x
PBR 2.66x 2.7x - - - 2.53x 2.26x 2.03x
PEG - -2.4x - - 1x 0.3x 1.5x 1.71x
Capitalization / Revenue 10.6x 12.3x 13.1x 12.1x 18.2x 11x 9.23x 8.54x
EV / Revenue 10.4x 13x 13.4x 11.8x 18.8x 10.8x 8.37x 7.12x
EV / EBITDA 13x 16.5x 16.9x 14.5x 22.9x 13.5x 10.5x 8.61x
EV / EBIT 20.6x 27.7x 26.7x 19.7x 30.4x 17.3x 13x 11.4x
EV / FCF 110x -15.5x 19.6x 19.8x -22.1x 17.1x 12.1x 11x
FCF Yield 0.91% -6.43% 5.11% 5.04% -4.53% 5.84% 8.26% 9.09%
Dividend per Share 2 1.3 1.425 1.525 1.65 1.825 1.925 2 2.2
Rate of return 1.24% 1.26% 1.26% 1.25% 0.82% 0.81% 0.84% 0.92%
EPS 2 4.17 3.63 - 5.04 6.69 11.21 12.63 13.89
Distribution rate 31.2% 39.3% - 32.7% 27.3% 17.2% 15.8% 15.8%
Net sales 1 653.6 603.2 605.7 719.4 1,030 1,835 2,186 2,362
EBITDA 1 522.6 474.4 479.6 585.8 848.3 1,465 1,750 1,953
EBIT 1 328.4 283.7 303.2 429.9 638.2 1,145 1,407 1,470
Net income 1 274 239 - 332 466.3 952.8 1,074 1,182
Net Debt 1 -138.4 453 141.8 -195.5 661.7 -360.5 -1,873 -3,354
Reference price 2 105.21 112.72 120.96 131.85 222.29 238.05 238.05 238.05
Nbr of stocks (in thousands) 65,637 65,593 65,692 65,757 84,398 84,728 - -
Announcement Date 2/16/22 2/15/23 2/14/24 2/12/25 2/18/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.24x10.8x13.44x0.81% 20.17B
12.52x4.49x7x0.88% 124B
9.84x1.78x5.73x3.36% 116B
16x6.11x8.6x0.92% 95.97B
11.91x3.06x4.66x2.18% 67.18B
28.07x16.97x20.17x0.58% 60.91B
15.97x5.32x7.62x1.73% 50.61B
11.45x3.67x5.47x4.06% 47.38B
30.52x18.79x19.91x0.72% 46.98B
8.2x2.88x4.24x5.11% 33.99B
Average 16.57x 7.39x 9.68x 2.04% 66.25B
Weighted average by Cap. 15.43x 6.38x 8.89x 1.92%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Royal Gold, Inc.

Historical PBR trend

Valuation ratios - PBR - Royal Gold, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Royal Gold, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Royal Gold, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Royal Gold, Inc.
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