EMX Royalty Corporation (EMX) Financial Ratios
22 years of historical data (2003–2024) · Basic Materials · Industrial Materials
EV/EBITDA
↓
61.61
↓-25% vs avg
5yr avg: 81.73
30Y Low23.6·High54.1
P/FCF
↑
136.62
↑+317% vs avg
5yr avg: 32.80
30Y Low13.6·High58.7
P/B Ratio
↓
4.05
↑+104% vs avg
5yr avg: 1.99
30Y Low1.0·High4.0
ROE
↑
-2.8%
↓+66% vs avg
5yr avg: -8.3%
30Y Low-72%·High80%
Debt/EBITDA
↓
4.61
↓-74% vs avg
5yr avg: 17.50
30Y Low4.0·High43.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
EMX Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
EMX Royalty Corporation currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 136.6x P/FCF, 317% above the 5-year average of 32.8x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $453M | $195M | $180M | $208M | $202M | $280M | $134M | $91M | $65M | $77M | $32M |
| Enterprise Value | $462M | $203M | $193M | $241M | $233M | $239M | $81M | $28M | $62M | $74M | $28M |
| P/E Ratio → | -144.44 | — | — | 46.55 | — | — | — | 1.98 | — | — | — |
| P/S Ratio | 19.04 | 8.18 | 8.88 | 22.35 | 21.26 | 241.87 | 121.86 | 58.24 | 28.52 | 46.37 | 27.24 |
| P/B Ratio | 4.05 | 1.69 | 1.50 | 1.25 | 1.86 | 3.66 | 1.78 | 1.14 | 1.92 | 2.45 | 1.01 |
| P/FCF | 136.62 | 58.69 | 26.13 | 13.57 | — | — | — | — | — | — | 19.33 |
| P/OCF | 66.48 | 28.56 | 25.51 | 12.59 | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
EMX EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
EMX Royalty Corporation's enterprise value stands at 61.6x EBITDA, 25% below its 5-year average of 81.7x. The Basic Materials sector median is 11.0x, placing the stock at a 460% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 8.53 | 9.50 | 25.97 | 24.49 | 206.40 | 73.93 | 17.81 | 27.29 | 44.93 | 23.74 |
| EV / EBITDA | 61.61 | 27.10 | 23.60 | 194.48 | — | — | — | — | — | — | — |
| EV / EBIT | 478.81 | 47.70 | 113.50 | 13.26 | — | — | — | — | — | — | — |
| EV / FCF | — | 61.18 | 27.97 | 15.76 | — | — | — | — | — | — | 16.84 |
EMX Profitability
Margins and return-on-capital ratios measuring operating efficiency
EMX Royalty Corporation earns an operating margin of 4.0%, below the Basic Materials sector average of 10.3%. Operating margins have expanded from -70.3% to 4.0% over the past 3 years, signaling improving operational efficiency. A negative ROE of -2.8% indicates the company is currently destroying shareholder equity. ROIC of 0.6% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 72.1% | 72.1% | 20.9% | -108.4% | -38.9% | 17.1% | 41.3% | 14.4% | 14.9% | -7.2% | -18.9% |
| Operating Margin | 4.0% | 4.0% | 14.5% | -70.3% | -105.5% | -651.2% | -734.8% | -550.4% | -342.3% | -498.9% | -697.2% |
| Net Profit Margin | -13.8% | -13.8% | -23.3% | 48.4% | -315.3% | -406.5% | -960.1% | 2914.2% | -258.6% | -120.5% | -427.2% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -2.8% | -2.8% | -3.3% | 3.3% | -32.3% | -6.2% | -13.6% | 80.5% | -18.1% | -6.4% | -14.1% |
| ROA | -2.1% | -2.1% | -2.4% | 2.3% | -24.5% | -5.9% | -13.0% | 75.6% | -16.3% | -5.5% | -11.9% |
| ROIC | 0.6% | 0.6% | 1.3% | -2.9% | -8.6% | -19.5% | -31.2% | -27.3% | -19.5% | -22.1% | -20.1% |
| ROCE | 0.7% | 0.7% | 1.7% | -4.0% | -10.9% | -10.0% | -10.4% | -15.0% | -22.2% | -23.4% | -19.8% |
EMX Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
EMX Royalty Corporation carries a Debt/EBITDA ratio of 4.6x, which is highly leveraged (90% above the sector average of 2.4x). Net debt stands at $8M ($35M total debt minus $26M cash). Interest coverage of just 1.1x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.30 | 0.30 | 0.27 | 0.33 | 0.46 | — | — | — | — | — | — |
| Debt / EBITDA | 4.61 | 4.61 | 4.01 | 43.87 | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 0.07 | 0.11 | 0.20 | 0.28 | -0.54 | -0.70 | -0.79 | -0.08 | -0.08 | -0.13 |
| Net Debt / EBITDA | 1.11 | 1.11 | 1.55 | 27.06 | — | — | — | — | — | — | — |
| Debt / FCF | — | 2.50 | 1.84 | 2.19 | — | — | — | — | — | — | -2.48 |
| Interest Coverage | 1.12 | 1.12 | 0.33 | 2.58 | -5.45 | — | — | -64.14 | — | — | -58.86 |
EMX Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
EMX Royalty Corporation's current ratio of 8.85x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 5.35x to 8.85x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 8.85 | 8.85 | 0.94 | 5.35 | 0.80 | 14.31 | 21.14 | 20.44 | 5.19 | 7.53 | 8.22 |
| Quick Ratio | 8.85 | 8.85 | 0.94 | 5.35 | 0.80 | 14.31 | 21.31 | 20.52 | 5.20 | 7.54 | 8.23 |
| Cash Ratio | 6.07 | 6.07 | 0.72 | 3.57 | 0.57 | 10.47 | 19.96 | 13.95 | 2.27 | 3.97 | 5.07 |
| Asset Turnover | — | 0.15 | 0.13 | 0.04 | 0.06 | 0.01 | 0.01 | 0.02 | 0.06 | 0.05 | 0.03 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 214.39 | 139.31 | 611.10 | 362.05 | 934.70 | 596.62 | 33.82 | 431.16 | 562.13 | 120.95 |
EMX Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
EMX Royalty Corporation returns 1.2% to shareholders annually primarily through share buybacks.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 2.1% | — | — | — | 50.4% | — | — | — |
| FCF Yield | 0.7% | 1.7% | 3.8% | 7.4% | — | — | — | — | — | — | 5.2% |
| Buyback Yield | 1.2% | 2.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 1.2% | 2.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $113M | $111M | $110M | $89M | $84M | $82M | $81M | $78M | $74M | $73M |
Peer Comparison
Compare EMX with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 EMXYou | $453M | -144.4 | 61.6 | 136.6 | 72.1% | 4.0% | -2.8% | 0.6% | 4.6 |
 RGLD | $15B | 32.1 | 18.6 | 21.2 | 69.3% | 64.5% | 9.0% | 9.2% | 1.1 |
 WPM | $56B | 37.3 | 28.2 | 97.0 | 72.2% | 68.8% | 18.8% | 17.4% | 0.0 |
 FNV | $42B | 37.4 | 26.0 | 28.4 | 73.9% | 71.4% | 16.3% | 16.6% | 0.0 |
 GROY | $502M | -121.2 | 110.5 | 501.6 | 76.4% | 10.9% | -0.7% | 0.2% | 0.0 |
 OR | $7B | 31.4 | 26.3 | 30.8 | 83.4% | 72.9% | 16.0% | 12.2% | 0.0 |
 NEM | $115B | 16.2 | 8.2 | 15.8 | 49.8% | 46.9% | 22.1% | 24.9% | 0.0 |
 AEM | $83B | 18.8 | 10.2 | 19.6 | 58.1% | 53.1% | 19.6% | 21.9% | 0.0 |
 KGC | $32B | 13.4 | 7.2 | 12.4 | 47.5% | 43.2% | 31.0% | 29.9% | 0.2 |
 AG | $9B | 51.4 | 13.2 | 25.3 | 34.8% | 27.8% | 7.4% | 13.1% | 0.5 |
 HL | $11B | 32.6 | 15.2 | 34.5 | 41.1% | 37.5% | 13.9% | 15.3% | 0.4 |
| Basic Materials Median | — | 23.6 | 11.0 | 29.0 | 30.9% | 10.3% | -0.0% | 4.6% | 2.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 22 years · Updated daily
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EMX — Frequently Asked Questions
Quick answers to the most common questions about buying EMX stock.
What is EMX Royalty Corporation's P/E ratio?
EMX Royalty Corporation's current P/E ratio is -144.4x. The historical average is 24.3x.
What is EMX Royalty Corporation's EV/EBITDA?
EMX Royalty Corporation's current EV/EBITDA is 61.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 34.9x.
What is EMX Royalty Corporation's ROE?
EMX Royalty Corporation's return on equity (ROE) is -2.8%. The historical average is -16.4%.
Is EMX stock overvalued?
Based on historical data, EMX Royalty Corporation is trading at a P/E of -144.4x. Compare with industry peers and growth rates for a complete picture.
What are EMX Royalty Corporation's profit margins?
EMX Royalty Corporation has 72.1% gross margin and 4.0% operating margin.
How much debt does EMX Royalty Corporation have?
EMX Royalty Corporation's Debt/EBITDA ratio is 4.6x, indicating high leverage. A ratio above 4x may signal elevated financial risk.