Valuation West African Resources Limited

Equities

Market Closed - Australian S.E. Other stock markets 10:40:16 06/03/2026 am IST			5-day change	1st Jan Change
3.150 ^AUD	-5.12%		-9.74%	+5.00%

04/03	West African Resources UBS Sells Stake, Shares Down 7%	MT
23/02	West African Resources Confirms Ongoing Talks with Burkina Faso on Kiaka Stake Increase	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	918.2	1,347	1,202	969.7	1,636	3,598	3,598	-
Change	-	46.74%	-10.8%	-19.32%	68.67%	120%	0%	-
Enterprise Value (EV) ¹	1,065	1,190	1,051	834.6	1,670	3,399	2,341	1,589
Change	-	11.69%	-11.7%	-20.56%	100.08%	103.55%	-31.13%	-32.11%
P/E ratio	9.33x	6.38x	7.39x	6.65x	6.97x	7.18x	2.89x	3.25x
PBR	5.56x	2.57x	1.72x	1.13x	1.24x	2.04x	1.26x	0.97x
PEG	-	0.1x	-0.3x	-0.6x	0.2x	0x	0x	-0.3x
Capitalization / Revenue	2.95x	1.89x	1.98x	1.47x	2.24x	2.35x	1.12x	1.19x
EV / Revenue	3.42x	1.67x	1.73x	1.26x	2.29x	2.22x	0.73x	0.53x
EV / EBITDA	6.01x	2.68x	3.3x	2.58x	4.12x	3.79x	1.12x	0.86x
EV / EBIT	6.95x	3.07x	4.06x	3.53x	5.06x	4.43x	1.18x	0.96x
EV / FCF	34.7x	4.92x	317x	-49.8x	-7.15x	10.1x	1.83x	1.13x
FCF Yield	2.88%	20.3%	0.32%	-2.01%	-14%	9.88%	54.8%	88.3%
Dividend per Share ²	-	-	-	-	-	-	0.1933	0.2567
Rate of return	-	-	-	-	-	-	6.14%	8.15%
EPS ²	0.112	0.207	0.159	0.142	0.206	0.439	1.09	0.9683
Distribution rate	-	-	-	-	-	-	17.7%	26.5%
Net sales ¹	311.2	712.1	608.2	661.2	730	1,529	3,222	3,014
EBITDA ¹	177.4	444.7	318.1	323.4	405.1	897	2,086	1,845
EBIT ¹	153.3	387.4	258.7	236.4	329.8	766.6	1,987	1,662
Net income ¹	89.36	189	164.4	146.9	223.8	541.6	1,309	1,170
Net Debt ¹	147.1	-157.6	-151.2	-135.1	34.3	-199.2	-1,257	-2,009
Reference price ²	1.045	1.320	1.175	0.945	1.435	3.150	3.150	3.150
Nbr of stocks (in thousands)	8,78,683	10,20,774	10,22,842	10,26,113	11,39,777	11,42,329	11,42,329	-
Announcement Date	26/03/21	30/03/22	19/03/23	13/03/24	05/03/25	-	-	-

¹AUD in Million²AUD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
WEST AFRICAN RESOURCES LIMITED	7.18x	2.22x	3.79x	-.--%	252.48Cr
NEWMONT CORPORATION	12.01x	4.22x	6.42x	0.88%	13TCr
AGNICO EAGLE MINES LIMITED	15.55x	6.19x	8.61x	0.76%	11TCr
BARRICK MINING CORPORATION	11.61x	3.24x	4.66x	1.77%	7.59TCr
WHEATON PRECIOUS METALS CORP.	46.87x	29.58x	35.56x	0.45%	6.66TCr
ANGLOGOLD ASHANTI PLC	16.72x	5.42x	8.7x	2.92%	5.38TCr
KINROSS GOLD CORPORATION	10.61x	3.69x	5.59x	0.44%	3.9TCr
NORTHERN STAR RESOURCES LIMITED	18.08x	4.52x	8.18x	2.13%	2.71TCr
ROYAL GOLD, INC.	22.98x	11.65x	13.35x	0.68%	2.37TCr
ALAMOS GOLD INC.	19.6x	7.18x	9.71x	0.23%	2.09TCr
Average	18.12x	7.79x	10.46x	1.03%	5.46TCr
Weighted average by Cap.	18.33x	8.09x	10.84x	1.12%