Financials Emerald Resources NL

Equities

EMR

AU000000EMR4

Gold

Market Closed - Australian S.E. Other stock markets 02:10:25 2024-07-12 am EDT			5-day change	1st Jan Change
4.02 ^AUD	+1.52%		+9.54%	+33.55%

Jul. 09	Euroz Hartleys Adjusts Emerald Resources' Price Target to AU$4.05 From AU$3.95, Keeps at Buy	MT
Jul. 08	Emerald Resources Posts Record Production at Okvau Gold Mine; Shares Rise 3%	MT

Valuation

Fiscal Period: June	2021	2022	2023	2024	2025	2026
Capitalization ¹	463.9	652.7	1,221	2,638	-	-
Enterprise Value (EV) ¹	463.9	652.7	1,230	2,508	2,371	2,382
P/E ratio	-27.8 x	13.1 x	17.1 x	23.6 x	19.1 x	17.9 x
Yield	-	-	-	-	-	-
Capitalization / Revenue	-	-	4.08 x	7.29 x	6.76 x	6.69 x
EV / Revenue	-	-	4.11 x	6.94 x	6.08 x	6.05 x
EV / EBITDA	-	-	8.11 x	12.8 x	10.3 x	10.3 x
EV / FCF	-	-	14.2 x	18.3 x	15.3 x	54.6 x
FCF Yield	-	-	7.06%	5.46%	6.53%	1.83%
Price to Book	-	-	-	5.66 x	4.47 x	3.57 x
Nbr of stocks (in thousands)	515,397	593,351	595,462	656,113	-	-
Reference price ²	0.9000	1.100	2.050	4.020	4.020	4.020
Announcement Date	9/27/21	9/30/22	8/31/23	-	-	-

¹AUD in Million²AUD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June	2021	2022	2023	2024	2025	2026
Net sales ¹	-	-	299.5	361.6	390	394
EBITDA ¹	-	-	151.6	196.2	230.9	232.3
EBIT ¹	-	-	109.2	171	188.9	183.7
Operating Margin	-	-	36.45%	47.3%	48.44%	46.62%
Earnings before Tax (EBT) ¹	-	-	70.92	144.7	174.4	181.8
Net income ¹	-16.7	45.37	66.28	108	139	148.6
Net margin	-	-	22.13%	29.87%	35.65%	37.73%
EPS ²	-0.0324	0.0838	0.1199	0.1700	0.2100	0.2250
Free Cash Flow ¹	-	-	86.87	137	154.8	43.64
FCF margin	-	-	29.01%	37.88%	39.69%	11.08%
FCF Conversion (EBITDA)	-	-	57.3%	69.81%	67.03%	18.79%
FCF Conversion (Net income)	-	-	131.06%	126.81%	111.34%	29.36%
Dividend per Share ²	-	-	-	-	-	-
Announcement Date	9/27/21	9/30/22	8/31/23	-	-	-

¹AUD in Million²AUD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June	2024 S1
Net sales ¹	176.7
EBITDA ¹	95.09
EBIT ¹	75.71
Operating Margin	42.83%
Earnings before Tax (EBT) ¹	57.31
Net income ¹	44.66
Net margin	25.27%
EPS ²	0.0726
Dividend per Share	-
Announcement Date	2/28/24

¹AUD in Million²AUD

Estimates

Balance Sheet Analysis

Fiscal Period: June	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	8.95	-	-	-
Net Cash position ¹	-	-	-	130	266	255
Leverage (Debt/EBITDA)	-	-	0.059 x	-	-	-
Free Cash Flow ¹	-	-	86.9	137	155	43.6
ROE (net income / shareholders' equity)	-	-	23.5%	23.5%	23%	20%
ROA (Net income/ Total Assets)	-	-	14.2%	16%	17%	15%
Assets ¹	-	-	467.9	675.1	817.8	990.9
Book Value Per Share ²	-	-	-	0.7100	0.9000	1.130
Cash Flow per Share ²	-	-	-	0.2500	0.2800	0.2900
Capex ¹	-	-	8.61	9.6	26.2	209
Capex / Sales	-	-	2.87%	2.65%	6.71%	52.96%
Announcement Date	9/27/21	9/30/22	8/31/23	-	-	-

¹AUD in Million²AUD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Emerald Resources NL

Trading Rating

Investor Rating

ESG Refinitiv

D+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

4.02 AUD

Average target price

4.183 AUD

Spread / Average Target

+4.06%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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