Company Valuation: Royal Gold, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 6,906 7,394 7,946 8,670 18,761 20,791 - -
Change - 7.07% 7.47% 9.11% 116.39% 10.82% - -
Enterprise Value (EV) 1 6,767 7,847 8,088 8,475 19,423 20,182 18,905 17,480
Change - 15.95% 3.08% 4.78% 129.19% 3.91% -6.33% -7.54%
P/E ratio 25.2x 31.1x - 26.2x 33.2x 19.6x 18.6x 18.9x
PBR 2.66x 2.7x - - - 2.57x 2.3x 2.09x
PEG - -2.4x - - 1x 0.2x 3.57x -11.05x
Capitalization / Revenue 10.6x 12.3x 13.1x 12.1x 18.2x 10.2x 9.12x 9.67x
EV / Revenue 10.4x 13x 13.4x 11.8x 18.8x 9.9x 8.29x 8.13x
EV / EBITDA 13x 16.5x 16.9x 14.5x 22.9x 12.4x 10.2x 9.95x
EV / EBIT 20.6x 27.7x 26.7x 19.7x 30.4x 15.2x 12.2x 12.7x
EV / FCF 110x -15.5x 19.6x 19.8x -22.1x 17.4x 11.9x 11.7x
FCF Yield 0.91% -6.43% 5.11% 5.04% -4.53% 5.76% 8.43% 8.54%
Dividend per Share 2 1.3 1.425 1.525 1.65 1.825 1.92 2 2.2
Rate of return 1.24% 1.26% 1.26% 1.25% 0.82% 0.78% 0.82% 0.9%
EPS 2 4.17 3.63 - 5.04 6.69 12.52 13.17 12.95
Distribution rate 31.2% 39.3% - 32.7% 27.3% 15.3% 15.2% 17%
Net sales 1 653.6 603.2 605.7 719.4 1,030 2,038 2,281 2,151
EBITDA 1 522.6 474.4 479.6 585.8 848.3 1,631 1,854 1,756
EBIT 1 328.4 283.7 303.2 429.9 638.2 1,326 1,553 1,374
Net income 1 274 239 - 332 466.3 975.5 1,116 1,100
Net Debt 1 -138.4 453 141.8 -195.5 661.7 -609.9 -1,887 -3,312
Reference price 2 105.21 112.72 120.96 131.85 222.29 244.99 244.99 244.99
Nbr of stocks (in thousands) 65,637 65,593 65,692 65,757 84,398 84,867 - -
Announcement Date 16/02/22 15/02/23 14/02/24 12/02/25 18/02/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.57x9.9x12.37x0.78% 2.08TCr
11.25x4.14x6.2x0.87% 13TCr
13.6x5.38x7.53x0.86% 9.8TCr
11.38x3.2x4.58x1.82% 7.52TCr
26.5x15.68x18.64x0.55% 6.46TCr
11.46x3.6x5.08x3.92% 5.18TCr
9.93x3.4x5.2x0.48% 3.74TCr
17.85x4.12x7.68x2.41% 2.25TCr
11.19x3.18x4.88x - 2.04TCr
16.86x5.96x8.39x0.37% 1.83TCr
Average 14.96x 5.86x 8.05x 1.34% 5.36TCr
Weighted average by Cap. 14.25x 5.77x 7.86x 1.29%

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

  1. Stock Market
  2. Equities
  3. RGLD Stock
  4. Valuation Royal Gold, Inc.