LYNAS RARE EARTHS LIMITED (LYC)
Share Price Analysis and Chart

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LYC - LYNAS RARE EARTHS LIMITED

FNArena Sector : Rare Earth Minerals
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.55
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Lynas is the world's largest independent rare-earths mining company with operations in Western Australia and Malaysia. Founded as a gold company in 1983, it listed in 1986. It sold off its gold division in 2001.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$6.71

25 Sep
2023

-0.110

OPEN

$6.73

-1.61%

HIGH

$6.77

1,842,540

LOW

$6.69

TARGET
$7.888 17.5% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
ARU . ASM . HAS . LIN . NTU . PEK . SRX . SVM . VML .
FNARENA'S MARKET CONSENSUS FORECASTS
LYC: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 34.1 25.7 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx - 43.2% - 24.6% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 26.1 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx 0.0% 0.0% xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx34.1
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx739.3 M
Book Value Per Share xxxxxxxxxxxxxxx231.7
Net Operating Cash Flow xxxxxxxxxxxxxxx411.9 M
Net Profit Margin xxxxxxxxxxxxxxx42.02 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx16.31 %
Return on Invested Capital xxxxxxxxxxxxxxx14.97 %
Return on Assets xxxxxxxxxxxxxxx13.22 %
Return on Equity xxxxxxxxxxxxxxx16.31 %
Return on Total Capital xxxxxxxxxxxxxxx13.36 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-183.6 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx15 M
Long Term Debt xxxxxxxxxxxxxxx176 M
Total Debt xxxxxxxxxxxxxxx190 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx1,011 M
Price To Book Value xxxxxxxxxxxxxxx2.96

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx595.5 M
Capex % of Sales xxxxxxxxxxxxxxx80.55 %
Cost of Goods Sold xxxxxxxxxxxxxxx414 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx46 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx-

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.5

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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UBS

30/08/2023

3

Neutral

$8.00

19.23%

Lynas Rare Earths' pre-reported FY23 result was in line, save for a capital guidance increase at Kalgoorlie, and UBS is awaiting further FY24 guidance.

Capital expenditure for Kalgoorlie forecasts rose -30% observes the broker in order to meet deadlines, but the project is on track to hit first production in September. FY24 EPS forecasts fall -25%.

The broker says it is unsure a much-anticipated V-shaped recovery in the lithium price will occure and holds a NDPR forecasts of US$65kg for FY24, compared with consensus forecasts of US$85.

Neutral rating retained. Target price falls -4% to $8 from $8.30.

FORECAST
UBS forecasts a full year FY24 dividend of 0.00 cents and EPS of 3.00 cents.
UBS forecasts a full year FY25 dividend of 1.10 cents and EPS of 3.60 cents.

Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial
Access Stockbroker Research History >

LYC STOCK CHART

FNArena News on LYC

1
Rudi’s Comprehensive August 2023 Review

Sep 21 2023 - Feature Stories
2
Rudi’s View: Navigating The Post-August Complexities

Sep 20 2023 - Rudi's View
3
Australian Broker Call *Extra* Edition – Sep 06, 2023

Sep 06 2023 - Daily Market Reports
4
FNArena Corporate Results Monitor – 30-08-2023

Aug 30 2023 - Australia
5
The Short Report – 17 Aug 2023

Aug 17 2023 - Weekly Reports

Latest Rare Earth Minerals News

1
Lynas Rare Earths: High Chance Of Upside

May 23 2023 - Technicals
2
Rare Earth Elements: A Critical Challenge

May 03 2023 - Commodities
3
Security Blanket For Lynas

Nov 02 2022 - Australia
4
Consolidation Over For Lynas Rare Earths

Nov 16 2021 - Technicals
5
RESEARCH: Greenland Minerals, Major Capital Cost Reductions

Aug 05 2019 - FYI
6
Trade War Will Hasten Bull Market For Rare Earths

May 27 2019 - Commodities
7
CORRECTION: Trade Impasse Threatens US Lithium, Rare Earth Imports

May 24 2019 - Commodities
8
RESEARCH: Greenland Minerals Lowering Costs At Kvanefjeld

Feb 05 2019 - FYI
9
RESEARCH Greenland Minerals: A Rare Opportunity In Rare Earths

Sep 20 2018 - FYI
10
Rudi’s View: Lynas, Noni B And Citadel Group

Sep 13 2018 - Rudi's View