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VAU.AX

VAU.AXBasic MaterialsASX

Gold

PriceMA150MA200
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Financials · Annual
Revenue
$620.0M
+46.7% YoY
Net Income
-$5.4M
+37.7% YoY
EBITDA
$133.3M
+72.5% YoY
Free Cash Flow
$224.4M

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About VAU.AX

Part of the basic materials sector, VAU.AX (VAU.AX) is listed under Gold. The company carries a $4.37B market cap, placing it firmly in the mid-cap category. The company operates through Leonora Operations (King of the Hills and Darlot operations), Mount Monger Operation, Deflector Region (Deflector and Rothsay operations), and Sugar Zone Operation segments.

Key stats
Market Cap$4.37B
P/E (TTM)52.75
Fwd P/E6.17
EPS$0.08
Beta0.98
52W Change+49.8%
Dividend Yield1.67%
ROE4.3%
Analysis

With $530.0M in cash and $74.1M in debt, VAU.AX maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Free cash flow comes in at $224.4M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 4.3% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 9.6% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $189.7M (2021) to $620.0M (2024), reflecting a 227% increase over the period.

With cash comfortably exceeding debt, VAU.AX has financial flexibility that may help navigate uncertain periods. At over 50x earnings, VAU.AX carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing VAU.AX.

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