Financials Metals Acquisition Corp Nyse

Equities

MTAL

KYG604051006

Specialty Mining & Metals

Market Closed - Nyse Other stock markets 04:00:02 2024-04-29 pm EDT			5-day change	1st Jan Change
13.3 ^USD	-4.25%		+0.61%	+26.79%

Apr. 23	Transcript : Metals Acquisition Limited, 2023 Guidance/Update Call, Apr 22, 2024
Apr. 22	Metals Acquisition Limited Provides CSA Copper Mine Production Guidance for the Year 2024, 2025 and 2026	CI

Valuation

Fiscal Period: December	2023	2024	2025	2026
Capitalization ¹	620.9	922.4	-	-
Enterprise Value (EV) ¹	1,037	993.3	885.3	703.9
P/E ratio	-2.56 x	-78 x	-831 x	18.6 x
Yield	-	-	-	-
Capitalization / Revenue	3.91 x	2.79 x	2.4 x	2.08 x
EV / Revenue	6.52 x	3 x	2.3 x	1.59 x
EV / EBITDA	31.5 x	5.58 x	3.99 x	2.65 x
EV / FCF	-37.7 x	17.5 x	7.34 x	3.59 x
FCF Yield	-2.66%	5.73%	13.6%	27.9%
Price to Book	-	-	-	-
Nbr of stocks (in thousands)	50,237	69,354	-	-
Reference price ²	12.36	13.30	13.30	13.30
Announcement Date	2/29/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2022	2023	2024	2025	2026
Net sales ¹	-	159	330.7	384.4	442.8
EBITDA ¹	-	32.92	178.1	221.8	265.8
EBIT ¹	-	-13.8	85.38	126	165
Operating Margin	-	-8.68%	25.82%	32.78%	37.27%
Earnings before Tax (EBT) ¹	-4.743	-159.6	1	24.55	76.95
Net income ¹	-4.743	-144.6	4.556	26.02	59.51
Net margin	-	-90.92%	1.38%	6.77%	13.44%
EPS ²	-	-4.830	-0.1705	-0.0160	0.7135
Free Cash Flow ¹	-	-27.54	56.88	120.7	196.1
FCF margin	-	-17.32%	17.2%	31.39%	44.29%
FCF Conversion (EBITDA)	-	-	31.94%	54.4%	73.8%
FCF Conversion (Net income)	-	-	1,248.3%	463.82%	329.53%
Dividend per Share	-	-	-	-	-
Announcement Date	3/24/23	2/29/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1
Net sales ¹	81	-	-	-	-
EBITDA	-	-	-	-	-
EBIT	-	-	-	-	-
Operating Margin	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-
Net income	-	-	-	-	-
Net margin	-	-	-	-	-
EPS ²	-0.1900	-0.1700	-0.1700	-0.1200	-0.1900
Dividend per Share	-	-	-	-	-
Announcement Date	-	-	-	-	-

¹USD in Million²USD

Estimates

Balance Sheet Analysis

Fiscal Period: December	2022	2023	2024	2025	2026
Net Debt ¹	-	417	70.8	40.5	-
Net Cash position ¹	-	-	-	-	218
Leverage (Debt/EBITDA)	-	12.65 x	0.3978 x	0.1827 x	-
Free Cash Flow ¹	-	-27.5	60.1	123	199
ROE (net income / shareholders' equity)	-	-53.9%	-1.26%	1.46%	10.5%
ROA (Net income/ Total Assets)	-	-	2%	5%	8%
Assets ¹	-	-	227.4	520.6	744
Book Value Per Share ²	-	-	7.200	8.110	9.440
Cash Flow per Share ²	-	-0.0800	1.780	2.370	3.350
Capex ¹	-	25.2	44.8	39.6	37.4
Capex / Sales	-	15.82%	13.54%	10.3%	8.44%
Announcement Date	3/24/23	2/29/24	-	-	-

¹USD in Million²USD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for Metals Acquisition Corp

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

13.3 USD

Average target price

16.92 USD

Spread / Average Target

+27.19%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Copper Ore Mining

	1st Jan change	Capi.
PT AMMAN MINERAL INTERNASIONAL TBK	+44.27%	42.21B
ANTOFAGASTA PLC	+35.87%	28.24B
SOCIEDAD MINERA CERRO VERDE S.A.A.	+4.16%	13.31B
FIRST QUANTUM MINERALS LTD.	+61.94%	10.64B
TONGLING NONFERROUS METALS GROUP CO.,LTD.	+22.56%	7.03B
KATANGA MINING LIMITED	+19.23%	6.98B
KGHM POLSKA MIED? S.A.	+17.20%	7.14B
CAPSTONE COPPER CORP.	+57.52%	5.61B
HINDUSTAN COPPER LIMITED	+42.93%	4.5B

Copper Ore Mining