Company Valuation: Fitzroy River Corporation Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2020 2021 2022 2023 2024 2025
Market Cap 1 12.09 16.19 14.03 18.35 13.49 17.81
Change - 33.93% -13.33% 30.77% -26.47% 32%
Enterprise Value (EV) 1 14.97 15.72 12.76 16.59 11.11 17.06
Change - 5.02% -18.82% 30.04% -33.06% 53.59%
P/E -2.07x 167x 16.5x 132x -179x -65.4x
PBR 3x 2.6x 1.83x 3.12x 2.38x 6.27x
PEG - -2x 0x -1.6x 1x -0x
Capitalization / Revenue 25x 23.4x 10.9x 17.7x 18.6x 29.3x
EV / Revenue 30.9x 22.7x 9.88x 16x 15.3x 28.1x
EV / EBITDA -38.1x 63.4x 14.2x 25.1x 30.7x 75.5x
EV / EBIT -24.3x -333x 21.1x 45.4x -196x -88.6x
EV / FCF -50.3x -150x 28.9x 19.7x 30.4x 35.4x
FCF Yield -1.99% -0.67% 3.46% 5.08% 3.29% 2.83%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.0675 0.000899 0.007883 0.001285 -0.0007 -0.002522
Distribution rate - - - - - -
Net sales 1 0.484 0.6912 1.291 1.037 0.7255 0.6075
EBITDA 1 -0.393 0.2481 0.8989 0.6607 0.362 0.226
EBIT 1 -0.617 -0.0472 0.6035 0.3653 -0.0566 -0.1926
Net income 1 -5.83 0.0836 0.851 0.1388 -0.0719 -0.2723
Net Debt 1 2.876 -0.4744 -1.273 -1.758 -2.385 -0.7498
Reference price 2 0.1400 0.1500 0.1300 0.1700 0.1250 0.1650
Nbr of stocks (in thousands) 86,363 107,954 107,954 107,954 107,954 107,954
Announcement Date 9/23/20 9/15/21 9/30/22 9/15/23 9/3/24 9/3/25
1AUD in Million2AUD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 14.88M
11.06x2.09x4.81x3.04% 135B
10.83x3x5.67x4.18% 88.64B
7.55x2.55x4.2x3.1% 70.97B
7.03x2.37x3.82x1.93% 52.76B
11.13x3.37x4.7x2.34% 52.18B
8.85x2.27x4.4x2.77% 49.11B
8.01x1.24x4.21x2.37% 48.17B
9.89x2.94x4.26x7.82% 38.92B
5.17x1.58x3.65x4.9% 32.53B
Average 8.83x 2.38x 4.41x 3.61% 56.88B
Weighted average by Cap. 9.35x 2.41x 4.58x 3.41%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Fitzroy River Corporation Limited
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