Company Valuation: Ecora Royalties PLC

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 389.7 467.2 329.8 199.2 384.8 425.7 - -
Change - 19.89% -29.4% -39.61% 93.19% 10.62% - -
Enterprise Value (EV) 1 507.7 512.5 404.4 281.5 470.3 477.8 447.9 414.8
Change - 0.95% -21.1% -30.39% 67.08% 1.58% -6.26% -7.39%
P/E 10.1x 4.5x 388x -20.6x 17.4x 20.6x 28.7x 22.7x
PBR 0.83x 0.75x 0.68x 0.46x 0.83x 0.89x 0.88x 0.87x
PEG - 0x -3.9x 0x -0x -3.12x -1x 0.9x
Capitalization / Revenue 4.57x 3.29x 5.33x 3.34x 6.88x 5.55x 6x 5.65x
EV / Revenue 5.95x 3.61x 6.53x 4.72x 8.41x 6.23x 6.32x 5.51x
EV / EBITDA 7.17x 4.03x 8.03x 5.86x 11.9x 8.76x 9.3x 7.91x
EV / EBIT 9.12x 4.37x 9.58x 7.13x 18.6x 13.2x 17.7x 14.6x
EV / FCF -2.55x 3.2x -17.2x 12.7x 17.2x 12x 10.2x 8.15x
FCF Yield -39.3% 31.3% -5.83% 7.85% 5.83% 8.34% 9.76% 12.3%
Dividend per Share 2 0.0918 0.0873 0.085 0.0281 0.02 0.0476 0.0496 0.0498
Rate of return 5.03% 4.81% 6.65% 3.51% 1.29% 2.79% 2.91% 2.92%
EPS 2 0.18 0.403 0.0033 -0.0389 0.0888 0.0829 0.0594 0.0752
Distribution rate 51% 21.7% 2,576% -72.2% 22.5% 57.5% 83.6% 66.3%
Net sales 1 85.3 141.9 61.9 59.61 55.9 76.63 70.9 75.3
EBITDA 1 70.79 127.1 50.35 48.06 39.4 54.52 48.17 52.47
EBIT 1 55.66 117.4 42.21 39.48 25.31 36.2 25.36 28.46
Net income 1 37.48 94.64 0.847 -9.827 22.18 20.84 14.92 18.37
Net Debt 1 118.1 45.38 74.55 82.3 85.5 52.07 22.17 -10.92
Reference price 2 1.825 1.815 1.279 0.801 1.545 1.705 1.705 1.705
Nbr of stocks (in thousands) 2,13,481 2,57,451 2,57,903 2,48,598 2,49,055 2,49,689 - -
Announcement Date 30/03/22 29/03/23 27/03/24 27/03/25 26/03/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.56x6.23x8.76x2.79% 43Cr
18.51x3.9x6.97x3.64% 22TCr
10.93x2.73x5.87x5.31% 16TCr
13.53x3.97x6.59x3.46% 8.96TCr
12.08x0.41x5.81x3.25% 8.18TCr
22.37x6.02x13.97x-.--% 5.82TCr
26.79x2.82x7.25x1.31% 5.13TCr
15.04x2.87x5.97x0.67% 2.84TCr
10.35x3.59x5.32x5.24% 2.5TCr
12.57x4.43x7.78x4.36% 2.32TCr
Average 16.27x 3.70x 7.43x 3% 7.32TCr
Weighted average by Cap. 15.82x 3.32x 7.06x 3.45%

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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