Company Valuation: Ramaco Resources, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 599.9 387.8 871.2 537.7 1,122 425.2 - -
Change - -35.35% 124.62% -38.28% 108.7% -62.11% - -
Enterprise Value (EV) 1 621.4 387.8 929.7 537.7 1,133 618.2 663.2 784.9
Change - -37.58% 139.73% -42.17% 110.75% -45.45% 7.29% 18.35%
P/E 15.1x 3.38x 9.93x 93.3x -18.2x -7.52x -197x 15.6x
PBR 2.84x - 2.45x - 2.46x 1.28x 1.24x 1.05x
PEG - 0x -0.3x -1x 0x 4.34x 2x -0x
Capitalization / Revenue 2.12x 0.69x 1.26x 0.81x 2.09x 0.74x 0.61x 0.48x
EV / Revenue 2.19x 0.69x 1.34x 0.81x 2.11x 1.08x 0.95x 0.88x
EV / EBITDA 7.86x 1.9x 5.1x 5.08x 31.4x 22.1x 5.71x 4.97x
EV / EBIT 15.7x 2.58x 9.76x 32.3x -20.3x -8.87x -141x 13.5x
EV / FCF 13.2x - 13.7x 12.3x -18.6x -8.28x 284x 6.88x
FCF Yield 7.57% - 7.31% 8.15% -5.37% -12.1% 0.35% 14.5%
Dividend per Share 2 - - 0.5 0.55 - 0.02 0.0467 0.0533
Rate of return - - 2.91% 5.36% - 0.27% 0.64% 0.73%
EPS 2 0.9 2.6 1.73 0.11 -0.99 -0.9729 -0.0371 0.468
Distribution rate - - 28.9% 500% - -2.06% -126% 11.4%
Net sales 1 283.4 565.7 693.5 666.3 536.6 574.6 695.3 891.9
EBITDA 1 79.04 204.6 182.1 105.8 36.06 27.96 116.2 157.9
EBIT 1 39.53 150.4 95.24 16.64 -55.96 -69.66 -4.714 58.26
Net income 1 39.76 116 82.31 11.19 -51.45 -57.3 2.55 48.54
Net Debt 1 21.48 - 58.59 - 11.07 193 238 359.7
Reference price 2 13.600 8.790 17.180 10.260 18.000 7.320 7.320 7.320
Nbr of stocks (in thousands) 44,109 44,122 53,620 53,458 66,739 63,683 - -
Announcement Date 24/02/22 08/03/23 07/03/24 10/03/25 25/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.64x1.53x7.88x0.87% 5.86TCr
8x1.66x4.41x8.36% 5.23TCr
19.56x0.79x6.63x1.03% 4.5TCr
13.93x1.52x8.88x0.88% 3.43TCr
16.02x2.2x5.53x3.87% 3.09TCr
15.82x1.7x9.05x0.75% 3.05TCr
11.74x1.09x6.56x2.53% 2.2TCr
11.59x0.75x6.68x3.69% 2.18TCr
15.53x1.19x10.31x1.19% 2.12TCr
Average 13.98x 1.38x 7.32x 2.57% 3.52TCr
Weighted average by Cap. 13.88x 1.42x 7.11x 2.74%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Ramaco Resources, Inc.

Historical PBR trend

Valuation ratios - PBR - Ramaco Resources, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Ramaco Resources, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Ramaco Resources, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Ramaco Resources, Inc.
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