Financials Elemental Altus Royalties Corp.

Equities

ELE

CA28619K1093

Diversified Mining

Market Closed - Toronto S.E. 03:54:30 2024-04-26 pm EDT 5-day change 1st Jan Change
1.19 CAD +0.85% Intraday chart for Elemental Altus Royalties Corp. -0.83% +8.18%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 58.38 90.58 174.8 162.6 170.4 - -
Enterprise Value (EV) 2 58.38 108.9 187.3 162.6 175.6 145.9 170.4
P/E ratio - - - - - - -
Yield - - - - - - -
Capitalization / Revenue 11.4 x 13.7 x 18.1 x 13.8 x 8.83 x 6.53 x 5.34 x
EV / Revenue 11.4 x 16.5 x 19.4 x 13.8 x 9.1 x 5.59 x 5.34 x
EV / EBITDA 16.2 x 34.4 x 28 x - 11.8 x 6.78 x 7.7 x
EV / FCF -6.47 x -2.79 x -14 x - 8.74 x 6.77 x 12.2 x
FCF Yield -15.5% -35.8% -7.15% - 11.4% 14.8% 8.22%
Price to Book - - - - - - -
Nbr of stocks (in thousands) 44,525 68,991 180,886 195,990 195,990 - -
Reference price 3 1.670 1.660 1.310 1.100 1.190 1.190 1.190
Announcement Date 4/27/21 3/31/22 4/28/23 4/17/24 - - -
1CAD in Million2USD in Million3CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5.1 6.611 9.639 11.74 19.29 26.09 31.92
EBITDA 1 3.6 3.169 6.7 - 14.85 21.51 22.14
EBIT 1 1.242 -0.317 -3.301 - -4.2 -2.9 -
Operating Margin 24.36% -4.8% -34.25% - -21.77% -11.11% -
Earnings before Tax (EBT) - - - - - - -
Net income - - - - - - -
Net margin - - - - - - -
EPS - - - - - - -
Free Cash Flow 1 -9.029 -39.02 -13.39 - 20.1 21.56 14
FCF margin -177.05% -590.18% -138.91% - 104.17% 82.62% 43.86%
FCF Conversion (EBITDA) - - - - 135.32% 100.2% 63.25%
FCF Conversion (Net income) - - - - - - -
Dividend per Share - - - - - - -
Announcement Date 4/27/21 3/31/22 4/28/23 4/17/24 - - -
1USD in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2024 Q1
Net sales 1 1.901 2.322 2.195 - - 2.806 2.6 2.378 4.652
EBITDA 1 1.218 0.809 0.976 1.162 1.2 2.367 3.299 2.157 3.032
EBIT - - - - - - - - -
Operating Margin - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - -
Net income - - - - - - - - -
Net margin - - - - - - - - -
EPS - - - - - - - - -
Dividend per Share - - - - - - - - -
Announcement Date 11/16/21 3/31/22 5/19/22 8/15/22 4/28/23 5/23/23 8/21/23 11/23/23 -
1USD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 18.3 12.5 - 5.2 - -
Net Cash position 1 - - - - - 24.5 -
Leverage (Debt/EBITDA) - 5.781 x 1.869 x - 0.35 x - -
Free Cash Flow 1 -9.03 -39 -13.4 - 20.1 21.6 14
ROE (net income / shareholders' equity) - - - - - - -
ROA (Net income/ Total Assets) - - - - - - -
Assets - - - - - - -
Book Value Per Share - - - - - - -
Cash Flow per Share 2 0.0800 0.0200 -0.0100 - 0.1100 0.1500 0.1400
Capex 11.1 40.1 12.7 - - - -
Capex / Sales 217.99% 607.11% 131.41% - - - -
Announcement Date 4/27/21 3/31/22 4/28/23 4/17/24 - - -
1USD in Million2CAD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
1.19 CAD
Average target price
2.05 CAD
Spread / Average Target
+72.27%
Consensus

Quarterly revenue - Rate of surprise

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