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Lynas Rare Earths AUD

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Sector: Rare earths

AU_LYC

Price chart

17.41 AUDDay -3.57%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
17.41 AUD · -3.57%
Market cap
16.3 bn AUD

Growth

Δ revenue y/y
16.8%
Δ EBITDA y/y
-20.2%

Multiples

P/E (LTM)
2.0x
3y avg: 44.9x
P/B (FY)
6.9x
P/E (ann.)
101.5x
EV/EBITDA (LTM)
3y avg: 28.5x
EV/EBITDA (ann.)
77.7x

Cash return

Dividend yield
FCF yield (LTM)
1.6%

Value creation

fundamental value/yr, % of market cap
Value created / year

Liquidity

Daily turnover (listing)
96.2 mln AUD

Shares: yahoo_fundamentals_timeseries/LYC.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 dynamics

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.

DatePeriodStatusRevenueM AUDOperating profitM AUDD&AM AUDEBITDAM AUDNet profitM AUDOperating CFM AUDCapex + M&AM AUDAssetsM AUDEquityM AUDROE (annualized)Net debtM AUDSource
2025-12-31H1 2025 (6M)OK-129.0
y/y
73.4
y/y
-74.9
y/y
-1.5
y/y
72.2
y/y
-29.8319.93994.9
y/y
3364.3
y/y
5.6%-610.3
2025-06-30FY 2025 (12M)OK542.7
y/y 16.8%
7.3
y/y -89.7%
95.0
y/y 67.0%
102.3
y/y -20.2%
8.0
y/y -90.5%
104.2-430.82944.2
y/y 5.0%
2352.7
y/y 4.9%
0.3%-15.2
2024-06-30FY 2024 (12M)OK464.4
y/y -41.0%
71.4
y/y -78.4%
56.9
y/y -8.5%
128.3
y/y -67.4%
84.5
y/y -72.8%
35.0-579.32804.9
y/y 6.3%
2242.8
y/y 3.7%
3.8%-352.0
2023-06-30FY 2023 (12M)OK787.1
y/y
331.2
y/y
62.2
y/y
393.3
y/y
310.7
y/y
386.8-595.52638.7
y/y
2163.4
y/y
-833.6
Data quality No obvious scale, balance-sheet, or cash-flow sanity issues in the displayed periods.

Revenue & EBITDA

RevenueEBITDA

Quarterly values (AUD mln)

02004006008002023 FY2024 FY2025 FY

Year-over-year change

-75%-50%-25%0%25%2023 FY2024 FY2025 FY

Cash flow

FCF (AUD mln)

-500-400-300-200-10002023 FY2024 FY2025 FY

Net debt / cash (AUD mln)

-1 000-800-600-400-20002023 H12023 FY2024 H12024 FY2025 H12025 FY

Revenue growth & acceleration

Growth accelerating ▲
Last-year revenue growth +17% vs -41% the year before — a +57.8 pp move. 3-year CAGR -15%.
revenue growth by year: 2023 -12% · 2024 -41% · 2025 +17%
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).

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
= —
-26
2. Current EV/EBITDA (LTM)
(Market cap + Net debt) ÷ EBITDA (LTM)
= (16 284 + -610) ÷ 102
30.0x — capped at 30x
3. Target multiple
(Current EV/EBITDA + 9) ÷ 2
= (30.0 + 9) ÷ 2
19.5x
4. Cash flow (balance method, LTM)
Net-debt reduction + dividends + buybacks − equity issuance
= 258 + 0 + 0 − 0
-327
5. Value created per year
(EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap
= (-26 × 19.5 + -327) ÷ 16 284
-5.1%

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

Caveats:

Dividends

No dividend rows found for this issuer (checked: Yahoo Finance (ex-div)).

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