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 Ratio -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.($)
- - - - 1.48Cr
5.97x1.72x2.76x7.61% 16TCr
11.47x2.16x4.96x2.93% 14TCr
11.37x3.17x6x3.93% 9.45TCr
7.73x2.61x4.3x3.03% 7.28TCr
7.35x2.46x3.97x1.85% 5.62TCr
11.49x3.46x4.83x2.26% 5.4TCr
8.83x1.35x4.59x2.15% 5.29TCr
8.76x2.34x4.57x2.64% 5.23TCr
11.23x3.14x4.6x7.12% 4.19TCr
Average 9.36x 2.49x 4.51x 3.73% 7.24TCr
Weighted average by Cap. 9.17x 2.37x 4.39x 4.11%

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
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