Ionic Rare Earths Ltd
ASX:IXR
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P/OCF
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Valuation Scenarios
If P/OCF returns to its Industry Average (11.3), the stock would be worth AU$-0.45 (249% downside from current price).
| Scenario | P/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | -7.6 | AU$0.31 |
0%
|
| Industry Average | 11.3 | AU$-0.45 |
-249%
|
| Country Average | 13.2 | AU$-0.53 |
-274%
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Forward P/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | P/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
|
Ionic Rare Earths Ltd
ASX:IXR
|
70.9m AUD | -7.6 | -6.3 | |
| RU |
P
|
Polyus PJSC
LSE:PLZL
|
70.4T USD | 34 229.6 | 34 959.7 | |
| ZA |
G
|
Gold Fields Ltd
JSE:GFI
|
677.1B ZAR | 10.3 | 10.9 | |
| ZA |
H
|
Harmony Gold Mining Company Ltd
JSE:HAR
|
172.5B ZAR | 6.2 | 10 | |
| CN |
|
Zijin Mining Group Co Ltd
SSE:601899
|
876.1B CNY | 9.6 | 14.2 | |
| US |
|
Newmont Corporation
NYSE:NEM
|
119.7B USD | 11.4 | 16.9 | |
| CA |
|
Agnico Eagle Mines Ltd
TSX:AEM
|
135B CAD | 13.9 | 21.2 | |
| CA |
|
Barrick Gold Corp
TSX:ABX
|
92.9B CAD | 8.6 | 13.2 | |
| CA |
|
Barrick Mining Corp
F:ABR0
|
57.7B EUR | 8.6 | 13.2 | |
| CA |
|
Wheaton Precious Metals Corp
TSX:WPM
|
84.5B CAD | 30.5 | 39.5 | |
| HK |
Z
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Zijin Gold International Co Ltd
HKEX:2259
|
407.3B HKD | 59.5 | 32.5 |
Market Distribution
| Min | 0.2 |
| 30th Percentile | 8.9 |
| Median | 13.2 |
| 70th Percentile | 19.2 |
| Max | 8 864.3 |
Other Multiples
Ionic Rare Earths Ltd
Glance View
Ionic Rare Earths Ltd. operates as a mineral exploration company, which engages in the investment and operation of gold mining. The company is headquartered in Perth, Western Australia. The firm is engaged in investing in mining and resource sector. The firm is focused on developing its flagship Makuutu Rare Earths Project (Makuutu) towards production. Its Makuutu project comprises of approximately five licenses covering approximately 242 square kilometer (km2) and is located over 40 kilometer (km) east of the regional center of Jinja and 120 km east of the capital city of Kampala in eastern Uganda. Its Makuutu project contains ionic clay-type Rare Earth Element (REE) mineralization. The Company’s exploration license includes RL1693, EL1766, RL00007, EL00147 and EL00148.
