Company Valuation: Variscan Mines Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026
Market Cap 1 19.96 6.668 4.056 1.895 4.697 5.688
Change - -66.59% -39.17% -53.28% 147.87% 21.09%
Enterprise Value (EV) 1 15.52 4.722 3.038 1.745 4.495 5.276
Change - -69.58% -35.66% -42.58% 157.64% 17.38%
P/E -23.2x -8.04x -3.88x -2.8x -4.26x -3.22x
PBR 2.15x 0.76x 0.5x 0.2x 0.43x 0.46x
PEG - 2.16x 5.75x 0.1x 0.2x 0.3x
Capitalization / Revenue - - - 1,766,077,353x - -
EV / Revenue - - - - - -
EV / EBITDA - - - - - -
EV / EBIT -26.2x -6.54x -3.62x -2.87x -5.75x -4.34x
EV / FCF -40.4x -10.3x -7.2x 23.8x -9.17x -9.56x
FCF Yield -2.48% -9.68% -13.9% 4.21% -10.9% -10.5%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.00323 -0.00311 -0.003089 -0.001783 -0.001408 -0.001242
Distribution rate - - - - - -
Net sales - - - 0.001073 - -
EBITDA - - -0.7617 -0.53 - -
EBIT 1 -0.5919 -0.7218 -0.8404 -0.6088 -0.782 -1.215
Net income 1 -0.6846 -0.8271 -0.8862 -0.6503 -0.9204 -1.452
Net Debt 1 -4.436 -1.946 -1.018 -0.1503 -0.2019 -0.4117
Reference price 2 0.075000 0.025000 0.012000 0.005000 0.006000 0.004000
Nbr of stocks (in thousands) 266,107 266,732 338,004 379,000 782,858 1,421,996
Announcement Date 9/29/21 9/27/22 9/29/23 9/27/24 9/30/25 9/29/26
1AUD in Million2AUD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.72x2.56x20.75x1.06% 19.67B
8.69x1.96x5.1x8.38% 18.25B
18.5x6.12x11.18x0.2% 9.9B
7.15x0.98x3.49x11.63% 9.51B
25.33x7.44x14.72x0.34% 8.52B
19.04x - - 0.24% 7.48B
4.56x0.75x2.22x9.18% 6.6B
-302.65x13.19x46.56x-.--% 6.31B
Average -24.08x 4.72x 14.86x 3.88% 10.78B
Weighted average by Cap. -6.80x 3.91x 13.70x 4.08%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Variscan Mines Limited

Historical PBR trend

Valuation ratios - PBR - Variscan Mines Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Variscan Mines Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Variscan Mines Limited

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