Gold Royalty Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Sep '22 Sep 30, 2022
Market Cap	826	907	206	214	335	366
Market Cap Growth	223.17%	340.45%	-3.82%	-36.14%	-8.27%	0.78%
Enterprise Value	812.38	893.25	253.47	245.41	335.32	360.95
Last Close Price	3.58	4.04	1.21	1.47	2.33	2.54
PE Ratio	-	-202.00	-60.50	-8.17	-25.89	-18.14
Forward PE	54.24	89.78	-	-	-	-
PS Ratio	52.93	58.11	20.38	70.25	83.98	92.68
PB Ratio	1.15	1.30	0.37	0.41	0.63	0.68
P/TBV Ratio	0.90	1.01	0.35	0.41	0.60	0.61
P/FCF Ratio	-	147.02	80.99	-31.14	-21.23	-18.95
P/OCF Ratio	133.91	147.02	80.99	-31.14	-21.26	-18.98
EV/Sales Ratio	52.04	57.22	25.09	80.51	83.98	91.52
EV/EBITDA Ratio	183.38	208.85	-324.13	-8.19	-21.25	-18.39
EV/EBIT Ratio	479.56	579.66	-62.35	-7.92	-19.10	-16.82
EV/FCF Ratio	-	144.77	99.67	-35.69	-21.23	-18.71
Debt / Equity Ratio	0.00	0.00	0.09	0.06	0.02	0.02
Debt / EBITDA Ratio	0.02	0.02	-63.94	-1.10	-0.62	-0.49
Debt / FCF Ratio	0.02	0.02	19.66	-4.81	-0.62	-0.50
Net Debt / Equity Ratio	-0.02	-0.02	0.09	0.06	0	-0.01
Net Debt / EBITDA Ratio	-3.24	-3.24	-60.76	-1.04	0.00	0.23
Net Debt / FCF Ratio	-2.24	-2.24	18.69	-4.55	0.00	0.24
Asset Turnover	0.02	0.02	0.01	0.00	0.01	0.01
Quick Ratio	3.62	3.62	1.07	0.71	2.60	2.12
Current Ratio	4.88	4.88	1.52	1.44	2.90	2.35
Return on Equity (ROE)	-0.64%	-0.66%	-0.63%	-5.07%	-3.35%	-4.56%
Return on Assets (ROA)	0.18%	0.19%	-0.21%	-3.67%	-3.48%	-4.43%
Return on Invested Capital (ROIC)	0.19%	0.19%	-0.21%	-3.72%	-3.60%	-4.61%
Return on Capital Employed (ROCE)	0.20%	0.20%	-0.57%	-4.54%	-3.69%	-4.50%
Earnings Yield	-0.50%	-0.50%	-1.65%	-12.24%	-3.86%	-5.51%
FCF Yield	-8.08%	0.68%	1.23%	-3.21%	-4.71%	-5.28%
Dividend Yield	-	0.00%	0.00%	1.22%	1.72%	1.24%
Payout Ratio	-	0.00%	0.00%	-9.71%	-43.05%	-23.24%
Buyback Yield / Dilution	-9.70%	-9.70%	-10.22%	-5.79%	-6.68%	-282.15%
Total Shareholder Return	-9.70%	-9.70%	-10.22%	-4.57%	-4.97%	-280.91%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q