Obermatt

Lynas

ASX:LYC · AU000000LYC6
Metals & MiningMedium

360

49
EV / EBIT11
Price / Owner Earnings93
Owner Earnings Yield1
Dividend Yield1
Price/Sales3
EV / Gross Profit16
Price/Book8
Return on Capital37
Cash Return on Capital39
Return on Equity50
EBIT Margin64
Gross Profitability29
Cash Conversion55
Accruals11
Owner Earnings Margin37
Sales growth83
Profit Growth64
Long-Term EPS Growth100
Reinvestment7
Price momentum78
Debt load75
Refinancing52
Debt Payback1
Liquidity55
Analyst ratings29
Opinion Changes50
Price Target Upside36
Market mood67
Value Creation8/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Lynas clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryAustralia
IndustryMetals & Mining
SizeMedium
TypePublic Company
ExchangeASX
Founded1983
Employees405
ISINAU000000LYC6
Last UpdateApr 2, 2026
Themes
Onshore and Offshore WindUtility Scale SolarEnergy StorageMining TechnologyDeveloper PlatformPrecious Metals

Description

Lynas Rare Earths Limited (Lynas) produces rare earth oxides (REOs), specifically high-purity neodymium (Nd) and praseodymium (Pr) oxides. Business Segments The company operates through two segments: Mining and Refining. Mining: The mining segmen…

Analysis

Hope premium

Lynas Rare Earths Limited carries what we call a hope premium: an average business trading at an ambitious price.

Valuation data is not available for this company.

The trajectory is solid and the balance sheet is adequate. The company scores 8/20 on our value-creation score: creating some value.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
62
2023202420252026

All-time high

71

Jan 2025

All-time low

4

May 2025

Average rank

46

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
3
3
1
3
Price/Earnings
3
22
28
28
Price/Book
8
32
34
15
Dividend Yield
1
1
12
12
Value (overall)
1
1
3
6

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →