Company Valuation: Variscan Mines

Data adjusted to current consolidation scope
Fiscal Period: June 2020 2021 2022 2023 2024 2025
Market Cap 1 3.297 19.96 6.668 4.056 1.895 4.697
Change - 505.25% -66.59% -39.17% -53.28% 147.87%
Enterprise Value (EV) 1 1.151 15.52 4.722 3.038 1.745 4.495
Change - 1,248.1% -69.58% -35.66% -42.58% 157.64%
P/E -2.09x -23.2x -8.04x -3.88x -2.8x -4.26x
PBR 0.6x 2.15x 0.76x 0.5x 0.2x 0.43x
PEG - 0.4x 2.16x 5.75x 0.1x 0.2x
Capitalization / Revenue - - - - 1,76,60,77,353x -
EV / Revenue - - - - - -
EV / EBITDA -1.18x - - -3.99x -3.29x -
EV / EBIT -1.08x -26.2x -6.54x -3.62x -2.87x -5.75x
EV / FCF -4.82x -40.4x -10.3x -7.2x 23.8x -9.17x
FCF Yield -20.7% -2.48% -9.68% -13.9% 4.21% -10.9%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.007641 -0.00323 -0.00311 -0.003089 -0.001783 -0.001408
Distribution rate - - - - - -
Net sales - - - - 0.001073 -
EBITDA 1 -0.9746 - - -0.7617 -0.53 -
EBIT 1 -1.067 -0.5919 -0.7218 -0.8404 -0.6088 -0.782
Net income 1 -1.125 -0.6846 -0.8271 -0.8862 -0.6503 -0.9204
Net Debt 1 -2.146 -4.436 -1.946 -1.018 -0.1503 -0.2019
Reference price 2 0.016000 0.075000 0.025000 0.012000 0.005000 0.006000
Nbr of stocks (in thousands) 2,06,093 2,66,107 2,66,732 3,38,004 3,79,000 7,82,858
Announcement Date 29/09/20 29/09/21 27/09/22 29/09/23 27/09/24 30/09/25
1AUD in Million2AUD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 39.8L
6.07x1.07x3.04x8.95% 1.02TCr
4.39x0.75x2.05x11.73% 617.94Cr
20.66x - - - 221.02Cr
10.86x1.76x7.16x2.07% 104.36Cr
10.81x - - 1.26% 31Cr
Average 10.56x 1.19x 4.08x 6% 331.69Cr
Weighted average by Cap. 7.49x 1.00x 2.93x 9.38%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Variscan Mines