Company Valuation: Ramaco Resources, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 599.9 387.8 871.2 537.7 1,122 702.9 - -
Change - -35.35% 124.62% -38.28% 108.7% -37.36% - -
Enterprise Value (EV) 1 621.4 387.8 929.7 537.7 1,133 890.6 940.9 1,071
Change - -37.58% 139.73% -42.17% 110.75% -21.41% 5.65% 13.8%
P/E 15.1x 3.38x 9.93x 93.3x -18.2x -12.5x -1,055x 25.7x
PBR 2.84x - 2.45x - 2.46x 2.16x 2.17x 1.82x
PEG - 0x -0.3x -1x 0x 5.3x 10.7x -0x
Capitalization / Revenue 2.12x 0.69x 1.26x 0.81x 2.09x 1.23x 1x 0.79x
EV / Revenue 2.19x 0.69x 1.34x 0.81x 2.11x 1.56x 1.34x 1.2x
EV / EBITDA 7.86x 1.9x 5.1x 5.08x 31.4x 35.6x 8.12x 6.69x
EV / EBIT 15.7x 2.58x 9.76x 32.3x -20.3x -12.5x -130x 15.4x
EV / FCF 13.2x - 13.7x 12.3x -18.6x -11.9x 403x 9.38x
FCF Yield 7.57% - 7.31% 8.15% -5.37% -8.38% 0.25% 10.7%
Dividend per Share 2 - - 0.5 0.55 - 0.06 0.0467 0.0533
Rate of return - - 2.91% 5.36% - 0.5% 0.39% 0.44%
EPS 2 0.9 2.6 1.73 0.11 -0.99 -0.9667 -0.0114 0.47
Distribution rate - - 28.9% 500% - -6.21% -408% 11.3%
Net sales 1 283.4 565.7 693.5 666.3 536.6 570.1 700 895.3
EBITDA 1 79.04 204.6 182.1 105.8 36.06 25.05 115.8 160.1
EBIT 1 39.53 150.4 95.24 16.64 -55.96 -71.37 -7.211 69.74
Net income 1 39.76 116 82.31 11.19 -51.45 -57.3 2.55 48.54
Net Debt 1 21.48 - 58.59 - 11.07 187.7 238 367.9
Reference price 2 13.60 8.79 17.18 10.26 18.00 12.06 12.06 12.06
Nbr of stocks (in thousands) 44,109 44,122 53,377 53,216 66,449 63,388 - -
Announcement Date 2/24/22 3/8/23 3/7/24 3/10/25 2/25/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.87x2.59x8.46x0.3% 5.55B
9.13x1.97x5.41x2.46% 3.75B
-32.65x1.1x15.45x-.--% 2.47B
14.43x0.42x1.26x5.57% 1.8B
27.42x - - - 803M
Average 7.24x 1.52x 7.65x 2.08% 2.87B
Weighted average by Cap. 7.02x 1.86x 7.94x 1.54%

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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