Company Valuation: Brazilian Rare Earths Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025 2026 2027 2028
Market Cap 1 409.2 581.8 1,088 1,014 - -
Change - 42.19% 86.91% -6.75% - -
Enterprise Value (EV) 1 409.2 500.1 925.2 917.6 1,069 1,597
Change - 22.23% 84.98% -0.82% 16.46% 49.41%
P/E -5.17x -11.9x -23.8x -25x -22.6x -16.9x
PBR - 7.15x 6.71x 8.32x 12.8x 66.2x
PEG 0.1x 0.3x 1.5x 2x -2.2x -0.5x
Capitalization / Revenue - 217x 257x - - -
EV / Revenue - 186x 218x - - -
EV / EBITDA - -10.9x -22.2x -22.7x -24x -32.3x
EV / EBIT - -10.9x -22.2x -22.7x -24x -32.3x
EV / FCF - -11.8x -27x -22.7x -10.8x -4.73x
FCF Yield - -8.45% -3.71% -4.41% -9.26% -21.1%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.3694 -0.1976 -0.1662 -0.145 -0.16 -0.2145
Distribution rate - - - - - -
Net sales 1 - 2.685 4.238 - - -
EBITDA 1 - -46.05 -41.74 -40.5 -44.5 -49.5
EBIT 1 - -46.07 -41.75 -40.5 -44.5 -49.5
Net income 1 -69.08 -46.07 -42.06 -37.65 -42.75 -57.5
Net Debt 1 - -81.69 -162.4 -96.6 54.4 582.4
Reference price 2 1.910 2.360 3.960 3.620 3.620 3.620
Nbr of stocks (in thousands) 214,230 246,539 274,627 280,154 - -
Announcement Date 3/26/24 3/31/25 3/29/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-24.48x - -22.17x-.--% 694M
29.58x - - 0.56% 19.97B
55.07x14.04x32.17x-.--% 11.17B
-662.57x16.9x49.21x-.--% 8.05B
27.47x - - - 5.47B
-17.85x - - - 3.83B
28.71x - - - 1.99B
-76.92x - -6.73x - 848M
Average -80.12x 15.47x 13.12x 0.14% 6.5B
Weighted average by Cap. -78.29x 15.24x 35.37x 0.28%

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 Brazilian Rare Earths Limited