Latest Ratios: P/E Ratio -22.4x · EV/EBITDA N/A · ROE -54.7%. (2001–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.2B | $1.2B | $285M | — | — | — | — | — | — | — | — |
| Enterprise Value | $1.1B | $1.1B | $246M | — | — | — | — | — | — | — | — |
| P/E Ratio → | -22.40 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | — | — | — | — | — | — | — | — | — | — | — |
| P/B Ratio | 7.64 | 8.58 | 7.69 | — | — | — | — | — | — | — | — |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | — | — | — | — | — | — | — | 71.5% | 68.9% | 71.4% | 78.4% |
| Operating Margin | — | — | — | — | — | — | — | -0.0% | -0.0% | 23.4% | 11.1% |
| Net Profit Margin | — | — | — | — | — | — | — | 9.3% | 13.2% | 12.7% | 3.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -54.7% | -54.7% | -103.2% | -194.6% | -153.4% | -198.1% | -0.1% | 6.4% | 7.7% | 14.6% | 4.8% |
| ROA | -49.7% | -49.7% | -86.2% | -141.2% | -126.0% | -176.6% | -0.0% | 2.2% | 2.6% | 2.9% | 0.9% |
| ROIC | -404.7% | -404.7% | — | — | — | — | -0.1% | -0.0% | -0.0% | 6.9% | 4.7% |
| ROCE | -45.1% | -45.1% | -91.0% | -196.2% | -145.1% | -115.7% | -0.0% | -0.0% | -0.0% | 5.5% | 3.2% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.12 | 0.03 | 1.36 | 1.36 | — |
| Debt / EBITDA | — | — | — | — | — | — | — | 0.29 | 17.22 | 6.45 | 4.45 |
| Net Debt / Equity | — | -0.88 | -1.05 | -1.10 | -1.21 | -1.04 | -0.79 | -0.02 | 1.31 | 1.31 | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | -0.19 | 16.56 | 6.18 | 4.37 |
| Debt / FCF | — | — | — | — | — | — | — | -0.43 | 55.12 | 52.80 | 41.65 |
| Interest Coverage | -69.96 | -69.96 | -140.96 | -890.45 | -624.12 | -503.63 | -0.73 | -0.00 | -0.00 | 4.14 | 1.75 |
Net cash position: cash ($130M) exceeds total debt ($2M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 15.15 | 15.15 | 7.23 | 3.49 | 2.80 | 10.30 | 6.25 | 1.25 | 1.49 | 1.90 | 1.67 |
| Quick Ratio | 15.15 | 15.15 | 7.23 | 3.49 | 2.80 | 10.30 | 6.25 | 1.02 | 1.25 | 1.62 | 1.30 |
| Cash Ratio | 14.97 | 14.97 | 7.11 | 3.41 | 2.69 | 10.06 | 4.96 | 0.83 | 1.11 | 1.42 | 1.04 |
| Asset Turnover | — | — | — | — | — | — | — | 0.22 | 0.19 | 0.19 | 0.27 |
| Inventory Turnover | — | — | — | — | — | — | — | 3.93 | 4.13 | 3.97 | 3.06 |
| Days Sales Outstanding | — | — | — | — | — | — | — | 18.61 | 14.84 | 18.51 | 17.88 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $85M | $68M | $58M | $48M | $36M | $40M | $60M | $60M | $60M | $60M |
Exploration Burn Rate Sustainability
As reported in financial statements, Collective Mining trades at a price-to-book ratio of 7.64, a valuation multiple that appears to price in significant future discovery success rather than current tangible assets, distinguishing it from established producers like Gold Fields which trade at much lower multiples.
The elevated P/B ratio suggests that the market is assigning a substantial premium to the company's management team and the geological potential of the Guayabales project. Investors should monitor whether this valuation remains supported as the company transitions from pure exploration to resource definition, as any failure to meet drill-intercept expectations could lead to a rapid compression of these multiples.
Based on the provided financial data, the company's ROIC has remained deeply negative, reaching -22.0% in 2026Q1, which is a structural reality for an exploration-stage entity that has yet to generate any revenue from its mineral assets in the Caldas department of Colombia.
The persistent negative returns on capital are expected given the company's current business model, which focuses entirely on capital-intensive drilling and evaluation. Analysts should interpret these figures not as a failure of operational efficiency, but as a necessary cost of de-risking the underlying asset base before potential commercialization.
According to recent quarterly filings, the company maintains a current ratio of 4.77, providing a substantial liquidity buffer that, based on reported figures, appears sufficient to fund multi-year exploration activities without the immediate necessity for dilutive equity financing in the near term.
This strong liquidity position is a critical safeguard against the volatility inherent in the junior mining sector and the specific regulatory risks associated with Colombian operations. The high current ratio suggests that management has successfully prioritized balance sheet strength to ensure operational continuity, even if the broader commodity cycle faces temporary headwinds.
As indicated by the company's financial history, the use of P/E ratios or net margin analysis is fundamentally misapplied to Collective Mining, as these metrics obscure the reality that the firm is a pre-revenue cost center rather than an operating business with established cash flows.
Investors should instead focus on metrics like the 'discovery cost per ounce' or the 'meters drilled per month' to gauge the company's progress. Relying on traditional profitability ratios for an exploration-stage company risks misinterpreting necessary capital expenditures as operational losses, thereby failing to capture the true value creation occurring through geological de-risking.
Includes 30+ ratios · 25 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying CNL stock.
Collective Mining Ltd.'s current P/E ratio is -22.4x. This places it at the 50th percentile of its historical range.
Collective Mining Ltd.'s return on equity (ROE) is -54.7%. The historical average is -19.5%.
Based on historical data, Collective Mining Ltd. is trading at a P/E of -22.4x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.