What is IGO Ltd's P/B ratio?

IGO Ltd trades at a P/B of 3.0x.

What is IGO Ltd's market capitalization?

IGO Ltd's market cap is 6.3 bn AUD.

IGO Ltd (IGO) Stock — Financials, Valuation & Dividends

Price chart

8.36 AUDDay 3.98%

Key metrics

Market

Price

8.36 AUD · 3.98%

Market cap

6.3 bn AUD

Growth

Δ revenue y/y

-31.7%

Δ EBITDA y/y

—

Multiples

P/E (LTM)

—

P/B (FY)

3.0x

P/E (ann.)

EV/EBITDA (LTM)

—

EV/EBITDA (ann.)

426.3x

Cash return

Dividend yield

—

FCF yield (LTM)

1.2%

Value creation

fundamental value/yr, % of market cap

Value created / year

+5.1%

↓ details

Liquidity

Daily turnover (listing)

21.5 mln AUD

Shares: yahoo_fundamentals_timeseries/IGO.AX

Amounts: USD (converted) · As reported
Converted modes use NBK / ECB-linked rates: balance sheet date for BS items, period average for P&L and cash flow (see filing row evidence). As reported keeps each row in its filing currency.

Financial results

Monetary columns are in M AUD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

Date	Period	Status	RevenueM AUD	Operating profitM AUD	D&AM AUD	EBITDAM AUD	Net profitM AUD	Operating CFM AUD	Capex + M&AM AUD	AssetsM AUD	EquityM AUD	ROE (annualized)	Net debtM AUD	Source
2025-12-31	H1 2026 (6M)	OK	194.1 y/y -31.7% y/y -31.7%	-82.8 y/y — y/y —	89.9 y/y -57.8% y/y -57.8%	7.1 y/y — y/y —	-34.1 y/y — y/y —	28.5	-0.4	2298.7 y/y -7.5%	2059.6 y/y -9.3%	-3.3%	-277.9	Link
2025-06-30	H2 2025 (6M)	OK	228.5 y/y -37.7% y/y -40.6%	-140.6 y/y — y/y 32.7%	13.0 y/y 1.8% y/y 124.1%	-127.6 y/y — y/y 51.5%	-172.5 y/y — y/y 39.6%	49.5	-3.0	2356.3 y/y -33.9%	2092.4 y/y -34.9%	-43.8%	-248.3	—
2024-12-31	H1 2025 (6M)	OK	284.0 y/y -35.2% y/y -35.2%	-250.2 y/y — y/y —	213.1 y/y -22.8% y/y -22.8%	-37.1 y/y -156.1% y/y -156.1%	-782.1 y/y -371.3% y/y -371.3%	-6.6	-2.3	2484.0 y/y -39.5%	2271.1 y/y -36.8%	-57.0%	-203.4	Link
2024-06-30	H2 2024 (6M)	OK	385.0 y/y -21.6% y/y —	-209.0 y/y — y/y —	-54.0 y/y -22.6% y/y —	-263.0 y/y — y/y —	-285.5 y/y -99.5% y/y —	304.3	-13.6	3566.8 y/y -24.7%	3215.9 y/y -15.2%	0.1%	-419.3	—
2023-12-31	H1 2024 (6M)	OK	438.2 y/y — y/y —	-210.1 y/y — y/y —	276.2 y/y — y/y —	66.1 y/y — y/y —	288.3 y/y — y/y —	567.7	-185.3	4104.2 y/y —	3595.4 y/y —	15.6%	-215.1	Link
2023-06-30	FY 2023 (12M)	OK	1049.9 y/y — y/y —	-694.5 y/y — y/y —	287.1 y/y — y/y —	-407.4 y/y — y/y —	549.1 y/y — y/y —	1423.1	-338.4	4737.9 y/y —	3790.2 y/y —	—	-417.3	—

Revenue & EBITDA

RevenueEBITDA

Quarterly values (AUD mln)

Year-over-year change

Cash flow

FCF (AUD mln)

Net debt / cash (AUD mln)

Profit and cash

Profit is cash-backed

In a typical year of 2022–2025 operating cash flow came to 1.84x of reported net profit; after capex, 1.39x. Loss years (2025) are left out of the ratio.

year	2022	2023	2024	2025
cash flow / profit	1.08x	2.59x	—	—
accruals, % of assets	-0.5%	-18.4%	-24.4%	-42.3%

capex 0.7x of depreciation

Read from the reported annual statements: cash flow / profit is the median of the yearly operating cash flow over net profit for the years shown; accruals are (profit − operating cash flow) / assets, the classic gap between what was booked and what was collected. A gap can be growth in working capital, capitalised costs, revaluations or profit from associates — the panel points at it, the statements explain it. Not investment advice.

Fundamental value creation

Value the company creates per year, as a % of market cap

Value created per year: +5.1%

How this was calculated

1. EBITDA growth (latest quarter YoY, annualised) [EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X (2025-12-31 vs 2024-12-31) = (7 − 10) × -16.97	56
2. Current EV/EBITDA (LTM) (Market cap + Net debt) ÷ EBITDA (LTM) = (6 331 + -278) ÷ -120	0.0x
3. Target multiple (Current EV/EBITDA + 9) ÷ 2 = (0.0 + 9) ÷ 2	4.5x
4. Cash flow (balance method, LTM) Net-debt reduction + dividends + buybacks − equity issuance = 74 + 0 + 0 − 0	74
5. Value created per year (EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap = (56 × 4.5 + 74) ÷ 6 331	+5.1%

Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.

Caveats:

half-year basis (semi-annual reporter)
base 2024-12-31 normalized for growth: margin -13.1% << typical 3.7% -> base EBITDA -37->10 (vs normal-margin base, not the trough)
negative LTM EBITDA — value destruction
dividends/buybacks not in data - balance cash flow uses net-debt change only

Revenue growth & acceleration

Growth decelerating ▼

Last-year revenue growth -38% vs -22% the year before — a -16.2 pp move. 3-year CAGR -15%.

revenue growth by year: 2023 +24% · 2024 -22% · 2025 -38%

The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

Dividends

Paid (completed)

Date	Per share	Details	Status	Source
2024-09-11	0.26 AUD	Ex-dividend: 0.26 AUD per share	Paid	Yahoo Finance (ex-div)
2024-03-11	0.11 AUD	Ex-dividend: 0.11 AUD per share	Paid	Yahoo Finance (ex-div)
2023-09-13	0.6 AUD	Ex-dividend: 0.6 AUD per share	Paid	Yahoo Finance (ex-div)
2023-03-15	0.14 AUD	Ex-dividend: 0.14 AUD per share	Paid	Yahoo Finance (ex-div)
2022-09-15	0.05 AUD	Ex-dividend: 0.05 AUD per share	Paid	Yahoo Finance (ex-div)
2022-03-02	0.05 AUD	Ex-dividend: 0.05 AUD per share	Paid	Yahoo Finance (ex-div)
2021-09-07	0.1 AUD	Ex-dividend: 0.1 AUD per share	Paid	Yahoo Finance (ex-div)

KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).

Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)

Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of IGO Ltd — from primary filings.

IGO Limited discovers, develops, and delivers battery minerals, primarily nickel, lithium, copper, cobalt, and silver, through mining operations and exploration in Australia.

IGO Ltd AUD