Financials Ferro-Alloy Resources Limited

Equities

Market Closed - London S.E. Other stock markets 11:35:23 2024-05-09 am EDT			5-day change	1st Jan Change
6.25 ^GBX	-1.57%		+19.05%	+8.70%

Apr. 29	EARNINGS: Aminex says 2024 to be "decisive"; i3 held back by wildfires	AN
Apr. 29	Ferro-Alloy Resources Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	57.06	45.66	129	62.05	37.73	37.73	-
Enterprise Value (EV) ¹	57.06	45.89	127.6	58.83	35.37	48.46	39.77
P/E ratio	-16.6 x	-	-	-	-	-	-
Yield	-	-	-	-	-	-	-
Capitalization / Revenue	31 x	19.2 x	27.3 x	9.89 x	6.19 x	4.62 x	1.58 x
EV / Revenue	31 x	19.3 x	27 x	9.38 x	6.19 x	5.93 x	1.67 x
EV / EBITDA	-20.9 x	-13.6 x	-56.6 x	-15.1 x	-7.7 x	-17.9 x	8.76 x
EV / FCF	-8.38 x	-	-17 x	-7.57 x	-7.2 x	-7.75 x	-0.83 x
FCF Yield	-11.9%	-	-5.9%	-13.2%	-13.9%	-12.9%	-121%
Price to Book	-	-	-	-	-	-	-
Nbr of stocks (in thousands)	312,979	330,589	377,677	446,101	483,222	483,222	-
Reference price ²	0.1823	0.1381	0.3416	0.1391	0.0793	0.0793	0.0793
Announcement Date	6/29/20	6/27/21	4/29/22	4/28/23	4/29/24	-	-

¹USD in Million²USD

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	4.22	1.841	2.373	4.731	6.271	5.716	8.168	23.87
EBITDA ¹	-	-2.731	-3.378	-2.255	-3.899	-4.592	-2.704	4.542
EBIT ¹	-	-3.159	-3.809	-2.71	-4.404	-5.068	-1.765	4.153
Operating Margin	-	-171.59%	-160.51%	-57.28%	-70.23%	-88.66%	-21.6%	17.4%
Earnings before Tax (EBT) ¹	-	-3.342	-	-2.827	-4.286	-5.251	-5.174	-0.9466
Net income	-	-3.342	-	-	-	-	-	-
Net margin	-	-181.53%	-	-	-	-	-	-
EPS	-	-0.0110	-	-	-	-	-	-
Free Cash Flow ¹	-	-6.813	-	-7.523	-7.769	-6.029	-6.25	-48.08
FCF margin	-	-370.07%	-	-159.02%	-123.89%	-106.55%	-76.51%	-201.44%
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	-	-	-	-	-	-	-	-
Announcement Date	4/30/19	6/29/20	6/27/21	4/29/22	4/28/23	4/29/24	-	-

¹USD in Million²USD

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net Debt ¹	-	-	0.23	-	-	5.67	10.7	2.04
Net Cash position ¹	-	-	-	1.42	3.22	-	-	-
Leverage (Debt/EBITDA)	-	-	-0.0678 x	-	-	-1.48 x	-3.969 x	0.449 x
Free Cash Flow ¹	-	-6.81	-	-7.52	-7.77	-6.03	-6.25	-48.1
ROE (net income / shareholders' equity)	-	-	-	-	-	-	-	-
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets	-	-	-	-	-	-	-	-
Book Value Per Share	-	-	-	-	-	-	-	-
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex	-	2.34	1.06	2.54	-	-	-	-
Capex / Sales	-	126.94%	44.63%	53.77%	-	-	-	-
Announcement Date	4/30/19	6/29/20	6/27/21	4/29/22	4/28/23	4/29/24	-	-

¹USD in Million

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.0793 USD

Average target price

0.3363 USD

Spread / Average Target

+323.94%

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