LYC Stock Financial Analysis - Lynas Rare Earths Limited (ASX) Stock

Overview

Lynas Rare Earths Limited is an Australian-based company, primarily engaged in the mining and processing of rare earth minerals, critical for advanced electronics, renewable energy technologies, and military applications. As the largest producer of rare earth materials outside China, Lynas operates the Mt Weld mine in Western Australia, one of the richest deposits of rare earth metals globally. Additionally, it manages an advanced materials processing plant in Malaysia. Key to its strategic initiatives is the enhancement of production capabilities and expansion of its downstream processing facilities. Leveraging its proprietary technologies to process rare earth oxides, Lynas significantly contributes to the diversification and security of global rare earth supplies, aligning with growing demand for sustainable and critical materials.

Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income

The revenue for Lynas Rare Earths Limited as of 30 June 2025 is 556.51 MM.
The operating income for Lynas Rare Earths Limited as of 30 June 2025 is 9.98 MM.
The net income for Lynas Rare Earths Limited as of 30 June 2025 is 7.99 MM.

Period End (TTM)	Revenue (MM)	Operating Income (MM)	Net Income (MM)
2025-06-30	556.51	9.98	7.99
2025-03-31	519.66	26.53	29.41
2024-12-30	482.82	43.07	50.83
2024-09-30	473.05	52.43	67.67
2024-06-30	463.29	61.79	84.51
2024-03-31	533.68	110.63	142.32
2023-12-31	604.08	159.46	200.13
2023-09-30	671.68	218.73	255.40
2023-06-30	739.28	278.00	310.67
2023-03-31	857.24	399.85	422.35
2022-12-31	975.20	521.70	534.04
2022-09-30	947.60	523.30	537.43
2022-06-30	920.01	524.91	540.82
2022-03-31	760.68	399.58	407.08
2021-12-31	601.35	274.25	273.34
2021-09-30	545.19	215.35	215.21
2021-06-30	489.02	156.44	157.08
2021-03-31	408.24	85.58	87.20
2020-12-31	327.46	14.73	17.32
2020-09-30	316.29	0.60	-1.04

Income Statement: EPS

The earnings per share basic for Lynas Rare Earths Limited as of 30 June 2025 is 0.01.
The earnings per share diluted for Lynas Rare Earths Limited as of 30 June 2025 is 0.01.

Period End (TTM)	Earnings Per Share Basic	Earnings Per Share Diluted
2025-06-30	0.01	0.01
2025-03-31	0.03	0.03
2024-12-30	0.05	0.05
2024-09-30	0.07	0.07
2024-06-30	0.09	0.09
2024-03-31	0.15	0.15
2023-12-31	0.22	0.21
2023-09-30	0.28	0.28
2023-06-30	0.34	0.34
2023-03-31	0.47	0.46
2022-12-31	0.59	0.59
2022-09-30	0.60	0.59
2022-06-30	0.60	0.60
2022-03-31	0.45	0.45
2021-12-31	0.30	0.30
2021-09-30	0.24	0.24
2021-06-30	0.18	0.18
2021-03-31	0.11	0.11
2020-12-31	0.02	0.02
2020-09-30	-0.00	-0.00

Cash Flow: Operations, Investing, Financing

The cash from operating activities for Lynas Rare Earths Limited as of 30 June 2025 is 104.17 MM.
The cash from investing activities for Lynas Rare Earths Limited as of 30 June 2025 is -406.19 MM.
The cash from financing activities for Lynas Rare Earths Limited as of 30 June 2025 is -45.30 MM.

Period End (TTM)	Cash From Operating Activities (MM)	Cash From Investing Activities (MM)	Cash From Financing Activities (MM)
2025-06-30	104.17	-406.19	-45.30
2025-03-31	91.59	-423.07	-40.84
2024-12-30	79.01	-439.94	-36.38
2024-09-30	56.99	-473.58	-29.46
2024-06-30	34.96	-507.22	-22.54
2024-03-31	117.61	-574.84	80.70
2023-12-31	200.25	-642.46	183.94
2023-09-30	293.50	-598.48	191.47
2023-06-30	386.75	-554.50	199.00
2023-03-31	489.55	-400.55	99.21
2022-12-31	592.35	-246.59	-0.59
2022-09-30	526.21	-165.10	-7.20
2022-06-30	460.07	-83.60	-13.81
2022-03-31	355.76	-38.79	-12.03
2021-12-31	251.45	6.03	-10.26
2021-09-30	233.26	-66.11	197.67
2021-06-30	215.06	-138.26	405.59
2021-03-31	115.67	-175.51	405.00
2020-12-31	16.28	-212.77	404.41
2020-09-30	24.18	-117.27	203.20

Valuation Metrics : PE, PriceToBook, PriceToTBV

The p/e for Lynas Rare Earths Limited as of 30 June 2025 is 158.46.
The p/book for Lynas Rare Earths Limited as of 30 June 2025 is 3.43.
The p/tbv for Lynas Rare Earths Limited as of 30 June 2025 is 3.44.

P/Book: The current closing price divided by the book value per share.

P/TBV: The current price divided by the tangible book value per share.

Period End (TTM)	p/e	P/Book	P/TBV
2025-06-30	158.46	3.43	3.44
2025-03-31	133.88	2.90	2.90
2024-12-30	71.89	2.71	2.71
2024-09-30	62.93	2.37	2.37
2024-06-30	17.12
2024-03-31	17.12
2023-12-31	21.36	3.07	3.07
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31	35.52	7.75	7.76
2021-12-31	58.42	8.47	8.47
2021-09-30	38.55	5.59	5.59
2021-06-30	50.82	7.37	7.37
2021-03-31	91.55	7.37	7.37
2020-12-31	460.86	8.28	8.28
2020-09-30	-7,706.14	8.28	8.28

Valuation Metrics : EBitToEv, EBit3YrAvgToEv

The ebit/ev for Lynas Rare Earths Limited as of 30 June 2025 is 0.01.
The ebit (3y)/ev for Lynas Rare Earths Limited as of 30 June 2025 is 0.02.

Period End (TTM)	EBIT/EV	EBIT (3y)/EV
2025-06-30	0.01	0.02
2025-03-31	0.01	0.03
2024-12-30	0.02	0.05
2024-09-30	0.02	0.06
2024-06-30	0.07	0.02
2024-03-31	0.07	0.02
2023-12-31	0.06	0.06
2023-09-30	0.06	0.06
2023-06-30	0.10	0.07
2023-03-31	0.00	0.03
2022-12-31	0.08	0.04
2022-09-30	0.09	0.04
2022-06-30	0.04	0.02
2022-03-31	0.03	0.01
2021-12-31	0.02	0.01
2021-09-30	0.03	0.01
2021-06-30	0.02	0.01
2021-03-31	0.01	0.01
2020-12-31	0.00	0.00
2020-09-30	-0.00	0.00

Management Effectiveness

The roa for Lynas Rare Earths Limited as of 30 June 2025 is 0.02.
The roe for Lynas Rare Earths Limited as of 30 June 2025 is 0.02.
The roic for Lynas Rare Earths Limited as of 30 June 2025 is 0.02.
The croic for Lynas Rare Earths Limited as of 30 June 2025 is -0.15.
The ocroic for Lynas Rare Earths Limited as of 30 June 2025 is 0.03.

Period End (TTM)	ROA	ROE	ROIC	CROIC	OCROIC
2025-06-30	0.02	0.02	0.02	-0.15	0.03
2025-03-31	0.02	0.02	0.02	-0.15	0.03
2024-12-30	0.03	0.04	0.03	-0.20	0.01
2024-09-30	0.03	0.03	0.03	-0.20	0.01
2024-06-30	0.14
2024-03-31	0.14
2023-12-31	0.14	0.14	0.11	-0.04	0.12
2023-09-30	0.15	0.19	0.13	0.02	0.16
2023-06-30	0.26	0.32	0.13	0.02	0.16
2023-03-31	0.00	0.00	0.00	0.09
2022-12-31	0.33	0.43	0.27	0.19	0.26
2022-09-30	0.33	0.43	0.27	0.19	0.26
2022-06-30	0.18	0.50	0.30	0.21	0.25
2022-03-31	0.18	0.38	0.22	0.18	0.19
2021-12-31	0.12	0.28	0.19	0.18	0.17
2021-09-30	0.16	0.22	0.15	0.26	0.17
2021-06-30	0.17	0.30	0.13	0.39	0.17
2021-03-31	0.09	0.17	0.07	0.27	0.09
2020-12-31	0.02	0.03	0.02	0.18	0.01
2020-09-30	-0.00	-0.00	-0.00	0.09	0.02

Gross Margins

The gross margin for Lynas Rare Earths Limited as of 30 June 2025 is 0.22.
The net margin for Lynas Rare Earths Limited as of 30 June 2025 is 0.11.
The operating margin for Lynas Rare Earths Limited as of 30 June 2025 is 0.09.

Gross Margin: The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.

Net Margin: The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.

Operating Margin: The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.

Period End (TTM)	Gross Margin	Net Margin	Operating Margin
2025-06-30	0.22	0.11	0.09
2025-03-31	0.22	0.11	0.09
2024-12-30	0.29	0.18	0.13
2024-09-30	0.29	0.18	0.13
2024-06-30	0.46	0.42	0.38
2024-03-31	0.46	0.42	0.38
2023-12-31	0.46	0.42	0.38
2023-09-30	0.46	0.42	0.38
2023-06-30	0.60	0.42	0.38
2023-03-31
2022-12-31	0.62	0.57	0.55
2022-09-30	0.62	0.57	0.55
2022-06-30	0.51	0.59	0.57
2022-03-31	0.51	0.54	0.53
2021-12-31	0.38	0.45	0.46
2021-09-30	0.38	0.39	0.39
2021-06-30	0.38	0.32	0.32
2021-03-31	0.32	0.21	0.21
2020-12-31	0.22	0.05	0.04
2020-09-30	0.19	-0.00	0.00

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