Company Valuation: Montauk Renewables, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,445 1,548 1,265 567.7 237.6 391.1 - -
Change - 7.09% -18.29% -55.11% -58.15% 64.61% - -
Enterprise Value (EV) 1 1,445 1,514 1,254 577.7 342.5 494.8 454.1 404
Change - 4.76% -17.15% -53.95% -40.71% 44.45% -8.23% -11.03%
P/E -342x 44.1x 81x 56.9x 167x 22.8x 12.9x 9.1x
PBR - 6.88x 5.06x 2.21x 0.91x 1.39x 1.25x 1.11x
PEG - -0x -1.4x -1.6x -1.9x 0x 0.2x 0.2x
Capitalization / Revenue 9.76x 7.53x 7.23x 3.23x 1.35x 1.84x 1.58x 1.38x
EV / Revenue 9.76x 7.37x 7.17x 3.29x 1.94x 2.32x 1.84x 1.42x
EV / EBITDA 51.7x 21.5x 27x 13.6x 9.63x 9.07x 5.93x 4.74x
EV / EBIT 433x 34x 49.6x 30.2x 61.2x 16.5x 9.16x 6.59x
EV / FCF - 25.8x -56.9x -31.4x -3.97x -6.12x -4.51x -
FCF Yield - 3.88% -1.76% -3.18% -25.2% -16.3% -22.2% -
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.03 0.25 0.11 0.07 0.01 0.12 0.2114 0.3002
Distribution rate - - - - - - - -
Net sales 1 148.1 205.6 174.9 175.7 176.4 213 247.4 284
EBITDA 1 27.95 70.54 46.45 42.62 35.57 54.54 76.52 85.31
EBIT 1 3.335 44.57 25.29 19.1 5.596 29.91 49.58 61.31
Net income 1 -4.528 35.19 14.95 9.734 1.748 17.39 23.73 -
Net Debt 1 - -33.71 -10.31 9.995 105 103.8 63.07 12.98
Reference price 2 10.250 11.030 8.910 3.980 1.670 2.730 2.730 2.730
Nbr of stocks (in thousands) 1,41,015 1,40,331 1,41,943 1,42,640 1,42,257 1,43,245 - -
Announcement Date 16/03/22 16/03/23 14/03/24 13/03/25 11/03/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
22.75x2.32x9.07x-.--% 39Cr
30.98x5.2x38.08x0.21% 25TCr
18.81x8.57x14.79x3.27% 16TCr
20.21x4.16x11.44x3.53% 15TCr
19.27x10.9x14.22x3.67% 10TCr
12.02x1.8x6.38x5.9% 9.86TCr
18.54x5.6x12.29x3.67% 9.54TCr
20.1x3.1x12.61x0.67% 9TCr
16.9x5.4x10.83x3.82% 8.89TCr
18.44x5x12.09x3.24% 6.46TCr
Average 19.80x 5.21x 14.18x 2.8% 11.05TCr
Weighted average by Cap. 21.14x 5.64x 17.99x 2.74%

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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