Lynas Rare Earths Ltd
ASX:LYC

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Lynas Rare Earths Ltd
ASX:LYC
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Price: 18.455 AUD 0.35% Market Closed
Market Cap: AU$18.6B

EV/S

24.8
Current
103%
More Expensive
vs 3-y average of 12.2

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
24.8
=
Enterprise Value
AU$19.5B
/
Revenue
AU$715.9m

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
24.8
=
Enterprise Value
AU$19.5B
/
Revenue
AU$715.9m

Valuation Scenarios

Lynas Rare Earths Ltd is trading above its 3-year average

If EV/S returns to its 3-Year Average (12.2), the stock would be worth AU$9.11 (51% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-92%
Maximum Upside
No Upside Scenarios
Average Downside
69%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 24.8 AU$18.46
0%
3-Year Average 12.2 AU$9.11
-51%
5-Year Average 12.4 AU$9.28
-50%
Industry Average 3.9 AU$2.89
-84%
Country Average 2.1 AU$1.57
-92%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
AU$19.5B
/
Jan 2026
AU$715.9m
=
24.8
Current
AU$19.5B
/
Jun 2026
AU$1.1B
=
17
Forward
AU$19.5B
/
Jun 2027
AU$1.7B
=
11.2
Forward
AU$19.5B
/
Jun 2028
AU$2.2B
=
8.7
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close
Market Cap EV/S P/E
MY
Lynas Rare Earths Ltd
ASX:LYC
18.5B AUD 24.8 216.3
AU
BHP Group Ltd
ASX:BHP
284.5B AUD 3.9 19.4
AU
Rio Tinto Ltd
ASX:RIO
279.2B AUD 3.5 19.7
UK
Rio Tinto PLC
LSE:RIO
120.6B GBP 3.1 15.9
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.5T MXN 5 18.1
CH
Glencore PLC
LSE:GLEN
66.1B GBP 0.5 238.8
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 7 33.9
CN
CMOC Group Ltd
SSE:603993
414.2B CNY 2 20.4
UK
Anglo American PLC
LSE:AAL
44.5B GBP 3.5 -15.4
CN
China Molybdenum Co Ltd
OTC:CMCLF
51.1B USD 1.7 17.3
ZA
African Rainbow Minerals Ltd
JSE:ARI
44.4B ZAR 2.6 34.5

Market Distribution

Higher than 95% of companies in Malaysia
Percentile
95th
Based on 447 companies
95th percentile
24.8
Low
0 — 1.1
Typical Range
1.1 — 3.7
High
3.7 —
Distribution Statistics
Malaysia
Min 0
30th Percentile 1.1
Median 2.1
70th Percentile 3.7
Max 5 877.2

Lynas Rare Earths Ltd
Glance View

Lynas Rare Earths Ltd. has carved out a unique niche in the global minerals market. It stands prominently due to its status as one of the only few non-Chinese entities capable of processing rare earth materials, which are critical to the production of high-tech goods ranging from smartphones to electric vehicles. The story of Lynas is deeply intertwined with the increasing demand for these minerals, driven by technological advancement and the push towards greener technologies. Mining its primary resources from the Mount Weld mine in Western Australia, Lynas extracts and refines rare earth elements, and its expansive processing facility in Malaysia provides the company a crucial competitive advantage. In a landscape dominated by geopolitical tensions and a push for supply chain diversification, Lynas has emerged as a critical player in ensuring that industries worldwide have access to these vital materials. The company generates revenue primarily by selling processed rare earth oxides to manufacturers in various sectors including renewable energy, automotive, and electronics. Its strategic focus on sustainable and responsible resource management further reinforces its reputation, as it continuously strives to meet regulatory standards and secure the trust of investors and stakeholders alike. Lynas thus stands as a testament to both strategic foresight and operational excellence in a swiftly evolving global market.

LYC Intrinsic Value
9.44 AUD
Overvaluation 49%
Intrinsic Value
Price AU$18.455
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