Financials Emerald Resources NL

Equities

EMR

AU000000EMR4

Gold

Market Closed - Australian S.E. Other stock markets 11:40:13 09/05/2024 am IST			5-day change	1st Jan Change
3.38 ^AUD	-3.15%		+3.68%	+12.29%

01/05	Euroz Hartleys Adjusts Emerald Resources’ Price Target to AU$3.95 From AU$3.90, Keeps at Buy	MT
26/04	Emerald Resources to Proceed with Compulsory Acquisition of Bullseye Mining	MT

Valuation

Fiscal Period: June	2021	2022	2023	2024	2025	2026
Capitalization ¹	463.9	652.7	1,221	2,201	-	-
Enterprise Value (EV) ¹	463.9	652.7	1,230	2,077	1,950	1,975
P/E ratio	-27.8 x	13.1 x	17.1 x	21.4 x	20.4 x	19.9 x
Yield	-	-	-	-	-	-
Capitalization / Revenue	-	-	4.08 x	6.05 x	5.81 x	6.03 x
EV / Revenue	-	-	4.11 x	5.71 x	5.15 x	5.41 x
EV / EBITDA	-	-	8.11 x	10.1 x	8.87 x	9.59 x
EV / FCF	-	-	14.2 x	13.2 x	14.9 x	-98.7 x
FCF Yield	-	-	7.06%	7.56%	6.7%	-1.01%
Price to Book	-	-	-	-	-	-
Nbr of stocks (in thousands)	5,15,397	5,93,351	5,95,462	6,51,052	-	-
Reference price ²	0.9000	1.100	2.050	3.490	3.490	3.490
Announcement Date	27/09/21	30/09/22	31/08/23	-	-	-

¹AUD in Million²AUD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June	2021	2022	2023	2024	2025	2026
Net sales ¹	-	-	299.5	363.5	378.8	365.1
EBITDA ¹	-	-	151.6	205.4	219.8	206
EBIT ¹	-	-	109.2	163.8	174.2	164.7
Operating Margin	-	-	36.45%	45.06%	45.99%	45.11%
Earnings before Tax (EBT) ¹	-	-	70.92	138	160.2	163.5
Net income ¹	-16.7	45.37	66.28	103.3	112.1	114.5
Net margin	-	-	22.13%	28.42%	29.59%	31.36%
EPS ²	-0.0324	0.0838	0.1199	0.1630	0.1710	0.1750
Free Cash Flow ¹	-	-	86.87	157	130.6	-20
FCF margin	-	-	29.01%	43.19%	34.48%	-5.48%
FCF Conversion (EBITDA)	-	-	57.3%	76.44%	59.42%	-
FCF Conversion (Net income)	-	-	131.06%	151.98%	116.5%	-
Dividend per Share ²	-	-	-	-	-	-
Announcement Date	27/09/21	30/09/22	31/08/23	-	-	-

¹AUD in Million²AUD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June	2024 S1
Net sales ¹	176.7
EBITDA ¹	95.09
EBIT ¹	75.71
Operating Margin	42.83%
Earnings before Tax (EBT) ¹	57.31
Net income ¹	44.66
Net margin	25.27%
EPS ²	0.0726
Dividend per Share	-
Announcement Date	28/02/24

¹AUD in Million²AUD

Estimates

Balance Sheet Analysis

Fiscal Period: June	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	8.95	-	-	-
Net Cash position ¹	-	-	-	124	250	226
Leverage (Debt/EBITDA)	-	-	0.059 x	-	-	-
Free Cash Flow ¹	-	-	86.9	157	131	-20
ROE (net income / shareholders' equity)	-	-	23.5%	21.4%	18.8%	16.1%
ROA (Net income/ Total Assets)	-	-	14.2%	15.6%	15.6%	13.7%
Assets ¹	-	-	467.9	662.2	718.6	835.8
Book Value Per Share	-	-	-	-	-	-
Cash Flow per Share ²	-	-	-	0.2600	0.2400	0.2300
Capex ¹	-	-	8.61	13.8	26.6	177
Capex / Sales	-	-	2.87%	3.8%	7.02%	48.4%
Announcement Date	27/09/21	30/09/22	31/08/23	-	-	-

¹AUD in Million²AUD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Emerald Resources NL

Trading Rating

Investor Rating

ESG Refinitiv

D+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

3.38 AUD

Average target price

3.3 AUD

Spread / Average Target

-2.37%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Other Gold

	1st Jan change	Capi.
EMERALD RESOURCES NL	+12.29%	1.49B
FRANCO-NEVADA CORPORATION	+18.48%	24.32B
GOLD FIELDS LIMITED	+6.46%	14.23B
ZHONGJIN GOLD CORP.,LTD	+37.05%	9.02B
HARMONY GOLD MINING COMPANY LIMITED	+39.14%	5.55B
ENDEAVOUR MINING PLC	-2.62%	5.08B
EVOLUTION MINING LIMITED	-4.29%	4.96B
TRIPLE FLAG PRECIOUS METALS CORP.	+25.96%	3.22B
KOZA ALTIN ISLETMELERI	+17.46%	2.31B
PT ANEKA TAMBANG TBK	-9.97%	2.3B

Other Gold