Ramelius Resources Ltd
ASX:RMS
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EV/S
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.
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.
Valuation Scenarios
If EV/S returns to its 3-Year Average (2.3), the stock would be worth AU$1.57 (58% downside from current price).
| Scenario | EV/S Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 5.5 | AU$3.72 |
0%
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| 3-Year Average | 2.3 | AU$1.57 |
-58%
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| 5-Year Average | 1.9 | AU$1.28 |
-66%
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| Industry Average | 12.2 | AU$8.3 |
+123%
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| Country Average | 4.3 | AU$2.94 |
-21%
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Forward EV/S
Today’s price vs future revenue
| Today's Enterprise Value | Revenue | Forward EV/S | ||
|---|---|---|---|---|
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AU$6.7B
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/ |
Jan 2026
AU$1.2B
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= |
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AU$6.7B
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/ |
Jun 2026
AU$1.1B
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= |
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AU$6.7B
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/ |
Jun 2027
AU$1.5B
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= |
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AU$6.7B
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/ |
Jun 2028
AU$2.1B
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= |
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AU$6.7B
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/ |
Jun 2029
AU$3.1B
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= |
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AU$6.7B
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/ |
Jun 2030
AU$3.5B
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= |
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AU$6.7B
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/ |
Jun 2031
AU$1.7B
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= |
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AU$6.7B
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/ |
Jun 2032
AU$1.6B
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= |
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AU$6.7B
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/ |
Jun 2033
AU$1.7B
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= |
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Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.
Peer Comparison
| Market Cap | EV/S | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
|
Ramelius Resources Ltd
ASX:RMS
|
7.2B AUD | 5.5 | 23.9 | |
| RU |
P
|
Polyus PJSC
LSE:PLZL
|
70.4T USD | 11 233 | 34 959.7 | |
| ZA |
G
|
Gold Fields Ltd
JSE:GFI
|
653.6B ZAR | 4.7 | 11.2 | |
| ZA |
H
|
Harmony Gold Mining Company Ltd
JSE:HAR
|
171.1B ZAR | 2 | 10.5 | |
| CN |
|
Zijin Mining Group Co Ltd
SSE:601899
|
914.7B CNY | 2.7 | 14.8 | |
| US |
|
Newmont Corporation
NYSE:NEM
|
131.4B USD | 5.6 | 18.6 | |
| CA |
|
Agnico Eagle Mines Ltd
TSX:AEM
|
136.2B CAD | 8.2 | 22.4 | |
| CA |
|
Barrick Gold Corp
TSX:ABX
|
92.2B CAD | 3.9 | 13.8 | |
| CA |
|
Barrick Mining Corp
F:ABR0
|
57.1B EUR | 4 | 13.8 | |
| CA |
|
Wheaton Precious Metals Corp
TSX:WPM
|
88.1B CAD | 26.6 | 42.5 | |
| HK |
Z
|
Zijin Gold International Co Ltd
HKEX:2259
|
428.5B HKD | 9.6 | 34.2 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.9 |
| Median | 4.3 |
| 70th Percentile | 14.5 |
| Max | 1 646 389.2 |
Other Multiples
Ramelius Resources Ltd
Glance View
Ramelius Resources Ltd., an Australian gold medalist in the mining sector, carves its narrative through the golden soils of Western Australia. Established in 2003, Ramelius discovered its first glittering success with the Wattle Dam Gold Mine, a project that propelled it onto investors' radar by showcasing its knack for identifying and maximizing rich gold deposits. With its headquarters in Perth, the company deftly manages a portfolio of operations centered around the Mount Magnet, Edna May, Vivien, and Marda Gold Mines. Each of these sites serves as a testament to Ramelius's commitment to sustainable growth and profitability through strategic exploration and development. The intricate dance of geology and engineering enables the company to efficiently extract gold, which it then transitions from raw ore to refined gold bars, eventually sold to meet burgeoning demand in the global markets. Integral to Ramelius's financial narrative is its adeptness in project acquisition and expansion, a strategic choice that not only bolsters its resource base but also fortifies its production capacity. By integrating new assets and enhancing existing operations, the company has consistently driven down production costs while simultaneously increasing output. Alongside this operational efficiency, Ramelius places a clear emphasis on maintaining robust financial health, managing risks prudently, and constantly innovating within its technical operations. The end result is a resilient revenue stream, primarily derived from the sale of gold, that repositions the company for sustained growth in the volatile commodity markets, solidifying its place as a formidable player in the mining industry.