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 1,07,954 1,07,954 1,07,954 1,07,954 1,07,954
Announcement Date 23/09/20 15/09/21 30/09/22 15/09/23 03/09/24 03/09/25
1AUD in Million2AUD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 1.91Cr
11.83x2.26x5.3x2.73% 15TCr
12.28x3.22x6.19x3.74% 9.81TCr
8.45x2.57x4.54x2.92% 7.42TCr
7.36x2.44x3.91x1.81% 5.77TCr
10.79x3.56x5.2x2.18% 5.59TCr
9.71x1.4x4.54x2.02% 5.65TCr
8.41x2.44x4.67x2.53% 5.1TCr
12.68x3.38x5.1x5.71% 4.37TCr
12.72x4.12x6x1.22% 3.38TCr
Average 10.47x 2.82x 5.05x 2.76% 6.2TCr
Weighted average by Cap. 10.62x 2.70x 5.12x 2.82%

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