Company Valuation: Royal Gold, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 6,978 6,906 7,394 7,946 8,670 10,211 - -
Change - -1.03% 7.07% 7.47% 9.11% 17.77% - -
Enterprise Value (EV) 1 6,959 6,767 7,847 8,088 8,475 9,668 8,985 8,229
Change - -2.75% 15.95% 3.08% 4.78% 14.08% -7.06% -8.41%
P/E ratio - 25.2x 31.1x - 26.2x 18.7x 15.8x 18.5x
PBR - 2.66x 2.7x - - - - -
PEG - - -2.4x - - 0.3x 0.9x -1.2x
Capitalization / Revenue 14x 10.6x 12.3x 13.1x 12.1x 11x 8.71x 8.25x
EV / Revenue 14x 10.4x 13x 13.4x 11.8x 10.4x 7.66x 6.65x
EV / EBITDA 18.1x 13x 16.5x 16.9x 14.5x 13x 9.85x 8.73x
EV / EBIT 34.7x 20.6x 27.7x 26.7x 19.7x 15.3x 11.6x 10.5x
EV / FCF 37.7x 110x -15.5x 19.6x 19.8x 18.8x 11.7x 10.2x
FCF Yield 2.66% 0.91% -6.43% 5.11% 5.04% 5.31% 8.56% 9.79%
Dividend per Share 2 1.11 1.3 1.425 1.525 1.65 1.8 1.9 -
Rate of return 1.04% 1.24% 1.26% 1.26% 1.25% 1.16% 1.22% -
EPS 2 - 4.17 3.63 - 5.04 8.31 9.84 8.37
Distribution rate - 31.2% 39.3% - 32.7% 21.7% 19.3% -
Net sales 1 498.8 653.6 603.2 605.7 719.4 931.9 1,173 1,238
EBITDA 1 384.8 522.6 474.4 479.6 585.8 745 911.7 942.2
EBIT 1 200.3 328.4 283.7 303.2 429.9 632 773.3 786
Net income 1 - 274 239 - 332 546.9 648.4 550
Net Debt 1 -18.69 -138.4 453 141.8 -195.5 -543 -1,226 -1,982
Reference price 2 106.36 105.21 112.72 120.96 131.85 155.11 155.11 155.11
Nbr of stocks (in thousands) 65,605 65,637 65,593 65,692 65,757 65,831 - -
Announcement Date 05/08/20 16/02/22 15/02/23 14/02/24 12/02/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.97x10.39x13.07x1.14% 1.02TCr
10.44x3.28x5.99x1.71% 6.38TCr
16.88x5.45x8.33x1.22% 5.96TCr
37.97x21.34x26.12x0.77% 4.04TCr
11.24x2.31x3.86x1.92% 3.58TCr
9.13x2.46x3.84x6.66% 2.37TCr
11.79x2.98x5.14x0.77% 1.89TCr
27.32x3.57x10.39x3.11% 1.51TCr
17.24x6.82x9.69x4.64% 1.13TCr
21.83x5.89x9.4x0.39% 1.07TCr
Average 18.28x 6.45x 9.58x 2.23% 2.9TCr
Weighted average by Cap. 17.55x 6.54x 9.54x 1.97%
See all sector valuations

Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  4. Valuation Royal Gold, Inc.