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Ramelius Resources Ltd
ASX:RMS

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Ramelius Resources Ltd
ASX:RMS
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Price: 3.865 AUD -1.65% Market Closed
Market Cap: AU$7.3B

P/OCF

11.8
Current
115%
More Expensive
vs 3-y average of 5.5

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
11.8
=
Market Cap
AU$7.1B
/
Operating Cash Flow
AU$614.7m

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
11.8
=
Market Cap
AU$7.1B
/
Operating Cash Flow
AU$614.7m

Valuation Scenarios

Ramelius Resources Ltd is trading above its 3-year average

If P/OCF returns to its 3-Year Average (5.5), the stock would be worth AU$1.8 (54% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-58%
Maximum Upside
+12%
Average Downside
26%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 11.8 AU$3.87
0%
3-Year Average 5.5 AU$1.8
-54%
5-Year Average 5 AU$1.64
-58%
Industry Average 11.3 AU$3.69
-5%
Country Average 13.2 AU$4.32
+12%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
AU
Ramelius Resources Ltd
ASX:RMS
7.6B AUD 11.8 24.9
RU
Polyus PJSC
LSE:PLZL
70.4T USD 34 229.6 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
683.4B ZAR 11 11.7
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
181.2B ZAR 6.7 10.8
CN
Zijin Mining Group Co Ltd
SSE:601899
944.7B CNY 12.2 17.8
US
Newmont Corporation
NYSE:NEM
121.8B USD 11.6 17.2
CA
Agnico Eagle Mines Ltd
TSX:AEM
138.8B CAD 14.9 22.8
CA
Barrick Mining Corp
F:ABR0
58.7B EUR 9 13.8
CA
Barrick Gold Corp
TSX:ABX
92.7B CAD 8.9 13.7
CA
Wheaton Precious Metals Corp
TSX:WPM
88.1B CAD 34.2 44.2
HK
Zijin Gold International Co Ltd
HKEX:2259
454.2B HKD 66.3 36.3

Market Distribution

In line with most companies in Australia
Percentile
45th
Based on 1 393 companies
45th percentile
11.8
Low
0.2 — 8.9
Typical Range
8.9 — 19.2
High
19.2 —
Distribution Statistics
Australia
Min 0.2
30th Percentile 8.9
Median 13.2
70th Percentile 19.2
Max 8 864.3

Ramelius Resources Ltd
Glance View

Market Cap
7.3B AUD
Industry
Metals & Mining

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.

RMS Intrinsic Value
4.126 AUD
Undervaluation 6%
Intrinsic Value
Price AU$3.865
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