Company Valuation: Triple Flag Precious Metals Corp.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,875 2,157 2,692 3,024 6,871 6,483 - -
Change - 15.07% 24.81% 12.31% 127.23% -5.65% - -
Enterprise Value (EV) 1 1,834 2,088 2,692 2,988 6,800 6,606 6,254 5,807
Change - 13.83% 28.94% 10.97% 127.6% -2.85% -5.34% -7.14%
P/E 38.7x 39.6x 74.2x -136x 28.2x 19.5x 20.5x 16.6x
PBR 1.45x 1.64x - - - - - -
PEG - 3.1x -1.5x 1x -0x 0.5x -4.14x 0.7x
Capitalization / Revenue 12.5x 14.2x 13.2x 11.2x 17.7x 12.3x 9.97x 10.8x
EV / Revenue 12.2x 13.7x 13.2x 11.1x 17.5x 12.6x 9.62x 9.71x
EV / EBITDA 14.9x 17.7x 17x 13.6x 20.9x 14.8x 12.6x 10.9x
EV / EBIT 26.7x 32.6x 66.9x 23x 31.4x 19.6x 13.1x -
EV / FCF 26.7x 31.6x -73.2x 19.2x 72.2x -48.7x 13.7x 12.6x
FCF Yield 3.75% 3.17% -1.37% 5.22% 1.39% -2.05% 7.28% 7.96%
Dividend per Share 2 0.095 0.2 0.205 0.215 0.225 0.2375 0.24 0.24
Rate of return 0.79% 1.44% 1.53% 1.43% 0.68% 0.75% 0.76% 0.76%
EPS 2 0.31 0.35 0.18 -0.11 1.18 1.615 1.535 1.9
Distribution rate 30.6% 57.1% 114% -195% 19.1% 14.7% 15.6% 12.6%
Net sales 1 150.4 151.9 204 269 388.7 525.8 650.2 598
EBITDA 1 123.5 117.7 158.5 220.2 325 446.3 497.4 534
EBIT 1 68.74 64.11 40.26 130 216.5 336.2 478.8 -
Net income 1 45.53 55.09 36.28 -23.08 240 388.5 442.6 392.2
Net Debt 1 -40.4 -69.18 - -36.24 -71.28 123.7 -228.9 -675.4
Reference price 2 12.00 13.85 13.36 15.01 33.26 31.47 31.47 31.47
Nbr of stocks (in thousands) 1,56,193 1,55,717 2,01,570 2,01,433 2,06,562 2,06,003 - -
Announcement Date 22/02/22 21/02/23 21/02/24 19/02/25 18/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
19.49x12.56x14.8x0.75% 648.27Cr
28.96x16.82x17.88x0.75% 4.52TCr
14.94x5.33x8.05x2.27% 4.35TCr
8.15x2.9x4.13x5.49% 3.59TCr
16.73x4.87x8.52x3.1% 1.9TCr
11.32x - - 5.81% 1.74TCr
7.11x2x4.04x4.39% 1.22TCr
42.96x6.02x9.35x1.41% 477.99Cr
6.89x0.54x4.32x8% 413.74Cr
Average 17.39x 6.38x 8.89x 3.55% 2.1TCr
Weighted average by Cap. 17.04x 7.75x 9.79x 3.12%

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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