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Mineros Valuation Multiples
Discover revenue and EBITDA valuation multiples for Mineros and similar public comparables like Osisko Development, Sigma Lithium, Alphamin Resources, Kingsgate and more.
Mineros Overview
About Mineros
Mineros SA is a precious metals producer with gold production, development, and exploration stage properties in Latin and South America, including Colombia and Nicaragua. Its principal producing mining properties are the Nechi Alluvial mine in Colombia and the Pioneer and Panama mines in Nicaragua. The Group operates in two principal countries, Colombia (Nechi Alluvial) and Nicaragua (HEMCO Nicaragua). The Group also has gold exploration projects, including the La Pepa project in Chile, included in the Segment Chile (La Pepa). Key revenue is generated from Nicaragua (HEMCO Nicaragua).
Founded
1974
HQ

Employees
1.4K
Website
Sectors
Financials (LTM)
EV
$1B
Mineros Financials
Mineros reported last 12-month revenue of $835M and EBITDA of $381M.
In the same LTM period, Mineros generated $408M in gross profit, $381M in EBITDA, and $170M in net income.
Revenue (LTM)
Mineros P&L
In the most recent fiscal year, Mineros reported revenue of $800M and EBITDA of $358M.
Mineros expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $835M | XXX | $800M | XXX | XXX | XXX |
| Gross Profit | $408M | XXX | $326M | XXX | XXX | XXX |
| Gross Margin | 49% | XXX | 41% | XXX | XXX | XXX |
| EBITDA | $381M | XXX | $358M | XXX | XXX | XXX |
| EBITDA Margin | 46% | XXX | 45% | XXX | XXX | XXX |
| EBIT Margin | β | XXX | 29% | XXX | XXX | XXX |
| Net Profit | $170M | XXX | $145M | XXX | XXX | XXX |
| Net Margin | 20% | XXX | 18% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Mineros Stock Performance
Mineros has current market cap of $1B, and enterprise value of $1B.
Market Cap Evolution
Mineros' stock price is $4.86.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1B | $1B | 0.2% | XXX | XXX | XXX | $0.49 |
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Start Free TrialMineros Valuation Multiples
Mineros trades at 1.6x EV/Revenue multiple, and 3.5x EV/EBITDA.
EV / Revenue (LTM)
Mineros Financial Valuation Multiples
As of April 2, 2026, Mineros has market cap of $1B and EV of $1B.
Equity research analysts estimate Mineros' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Mineros has a P/E ratio of 8.4x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV/Revenue | 1.6x | XXX | 1.7x | XXX | XXX | XXX |
| EV/EBITDA | 3.5x | XXX | 3.8x | XXX | XXX | XXX |
| EV/EBIT | β | XXX | 5.7x | XXX | XXX | XXX |
| EV/Gross Profit | 3.3x | XXX | 4.1x | XXX | XXX | XXX |
| P/E | 8.4x | XXX | 9.9x | XXX | XXX | XXX |
| EV/FCF | 8.0x | XXX | 9.7x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Mineros Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Mineros Margins & Growth Rates
Mineros' revenue in the last 12 month grew by 10%.
Mineros' revenue per employee in the last FY averaged $0.6M, while opex per employee averaged $0.1M for the same period.
Mineros' rule of 40 is 65% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Mineros' rule of X is 92% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Mineros Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 10% | XXX | 18% | XXX | XXX | XXX |
| EBITDA Margin | 46% | XXX | 45% | XXX | XXX | XXX |
| EBITDA Growth | 7% | XXX | 24% | XXX | XXX | XXX |
| Rule of 40 | β | XXX | 65% | XXX | XXX | XXX |
| Bessemer Rule of X | β | XXX | 92% | XXX | XXX | XXX |
| Revenue per Employee | β | XXX | $0.6M | XXX | XXX | XXX |
| Opex per Employee | β | XXX | $0.1M | XXX | XXX | XXX |
| G&A Expenses to Revenue | β | XXX | 1% | XXX | XXX | XXX |
| Opex to Revenue | β | XXX | 11% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Mineros Public Comps
See public comps and valuation multiples for other Metals & Mining comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Osisko Development | XXX | XXX | XXX | XXX | XXX | XXX |
| Sigma Lithium | XXX | XXX | XXX | XXX | XXX | XXX |
| Alphamin Resources | XXX | XXX | XXX | XXX | XXX | XXX |
| Kingsgate | XXX | XXX | XXX | XXX | XXX | XXX |
| Nexa Resources PerΓΊ | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Mineros M&A Activity
Mineros acquired XXX companies to date.
Last acquisition by Mineros was on XXXXXXXX, XXXXX. Mineros acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Mineros
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialMineros Investment Activity
Mineros invested in XXX companies to date.
Mineros made its latest investment on XXXXXXXX, XXXXX. Mineros invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Mineros
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Mineros
| When was Mineros founded? | Mineros was founded in 1974. |
| Where is Mineros headquartered? | Mineros is headquartered in Colombia. |
| How many employees does Mineros have? | As of today, Mineros has over 1K employees. |
| Who is the CEO of Mineros? | Mineros' CEO is Daniel Henao. |
| Is Mineros publicly listed? | Yes, Mineros is a public company listed on Tokyo Stock Exchange. |
| What is the stock symbol of Mineros? | Mineros trades under MSA ticker. |
| When did Mineros go public? | Mineros went public in 2021. |
| Who are competitors of Mineros? | Mineros main competitors are Osisko Development, Sigma Lithium, Alphamin Resources, Kingsgate. |
| What is the current market cap of Mineros? | Mineros' current market cap is $1B. |
| What is the current revenue of Mineros? | Mineros' last 12 months revenue is $835M. |
| What is the current revenue growth of Mineros? | Mineros revenue growth (NTM/LTM) is 10%. |
| What is the current EV/Revenue multiple of Mineros? | Current revenue multiple of Mineros is 1.6x. |
| Is Mineros profitable? | Yes, Mineros is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Mineros? | Mineros' last 12 months EBITDA is $381M. |
| What is Mineros' EBITDA margin? | Mineros' last 12 months EBITDA margin is 46%. |
| What is the current EV/EBITDA multiple of Mineros? | Current EBITDA multiple of Mineros is 3.5x. |
| What is the current FCF of Mineros? | Mineros' last 12 months FCF is $167M. |
| What is Mineros' FCF margin? | Mineros' last 12 months FCF margin is 20%. |
| What is the current EV/FCF multiple of Mineros? | Current FCF multiple of Mineros is 8.0x. |
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