🚀 VC round data is live in beta, check it out!
- Public Comps
- West African Resources
West African Resources Valuation Multiples
Discover revenue and EBITDA valuation multiples for West African Resources and similar public comparables like Grupa K_ty, İsdemir, Sims, Poderosa and more.
West African Resources Overview
About West African Resources
West African Resources Ltd is engaged in mineral exploration in Burkina Faso. It focuses on the development of the Sanbrado Gold Project. The Group's mineral portfolio also includes gold and copper-gold exploration permits in Burkina Faso. The operating segments of the Company that includes Mining Operations: comprise the Sanbrado Gold Project operation located in Burkina Faso. Construction and E&E segment comprises mines under construction andexploration and evaluation (E&E) projects in locations other than Sanbrado.
Founded
2006
HQ

Employees
3.5K
Website
Sectors
Financials (LTM)
EV
$3B
West African Resources Financials
West African Resources reported last 12-month revenue of $1B and EBITDA of $818M.
In the same LTM period, West African Resources generated $988M in gross profit, $818M in EBITDA, and $518M in net income.
Revenue (LTM)
West African Resources P&L
In the most recent fiscal year, West African Resources reported revenue of $1B and EBITDA of $662M.
West African Resources expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | $988M | XXX | $685M | XXX | XXX | XXX |
| Gross Margin | 73% | XXX | 63% | XXX | XXX | XXX |
| EBITDA | $818M | XXX | $662M | XXX | XXX | XXX |
| EBITDA Margin | 61% | XXX | 61% | XXX | XXX | XXX |
| EBIT Margin | 55% | XXX | 52% | XXX | XXX | XXX |
| Net Profit | $518M | XXX | $403M | XXX | XXX | XXX |
| Net Margin | 38% | XXX | 37% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
West African Resources Stock Performance
West African Resources has current market cap of $3B, and enterprise value of $3B.
Market Cap Evolution
West African Resources' stock price is $2.56.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $3B | $3B | 0.0% | XXX | XXX | XXX | $0.35 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialWest African Resources Valuation Multiples
West African Resources trades at 2.2x EV/Revenue multiple, and 3.7x EV/EBITDA.
EV / Revenue (LTM)
West African Resources Financial Valuation Multiples
As of March 24, 2026, West African Resources has market cap of $3B and EV of $3B.
Equity research analysts estimate West African Resources' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
West African Resources has a P/E ratio of 5.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV/Revenue | 2.2x | XXX | 2.8x | XXX | XXX | XXX |
| EV/EBITDA | 3.7x | XXX | 4.6x | XXX | XXX | XXX |
| EV/EBIT | 4.1x | XXX | 5.3x | XXX | XXX | XXX |
| EV/Gross Profit | 3.1x | XXX | 4.4x | XXX | XXX | XXX |
| P/E | 5.6x | XXX | 7.3x | XXX | XXX | XXX |
| EV/FCF | 7.9x | XXX | 12.0x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified West African Resources 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.


West African Resources Margins & Growth Rates
West African Resources' revenue in the last 12 month grew by 64%.
West African Resources' revenue per employee in the last FY averaged $0.4M.
West African Resources' rule of 40 is 125% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
West African Resources' rule of X is 221% (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).
West African Resources Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 64% | XXX | 105% | XXX | XXX | XXX |
| EBITDA Margin | 61% | XXX | 61% | XXX | XXX | XXX |
| EBITDA Growth | 75% | XXX | 120% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 125% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 221% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 0% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 11% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
West African Resources Public Comps
See public comps and valuation multiples for other Metals & Mining comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Grupa K_ty | XXX | XXX | XXX | XXX | XXX | XXX |
| İsdemir | XXX | XXX | XXX | XXX | XXX | XXX |
| Sims | XXX | XXX | XXX | XXX | XXX | XXX |
| Poderosa | XXX | XXX | XXX | XXX | XXX | XXX |
| Outokumpu | 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.
West African Resources M&A Activity
West African Resources acquired XXX companies to date.
Last acquisition by West African Resources was on XXXXXXXX, XXXXX. West African Resources acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by West African Resources
| 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 |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialWest African Resources Investment Activity
West African Resources invested in XXX companies to date.
West African Resources made its latest investment on XXXXXXXX, XXXXX. West African Resources invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by West African Resources
| 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 |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout West African Resources
| When was West African Resources founded? | West African Resources was founded in 2006. |
| Where is West African Resources headquartered? | West African Resources is headquartered in Australia. |
| How many employees does West African Resources have? | As of today, West African Resources has over 3K employees. |
| Who is the CEO of West African Resources? | West African Resources' CEO is Richard Hyde. |
| Is West African Resources publicly listed? | Yes, West African Resources is a public company listed on Australian Securities Exchange. |
| What is the stock symbol of West African Resources? | West African Resources trades under WAF ticker. |
| When did West African Resources go public? | West African Resources went public in 2010. |
| Who are competitors of West African Resources? | West African Resources main competitors are Grupa K_ty, İsdemir, Sims, Poderosa. |
| What is the current market cap of West African Resources? | West African Resources' current market cap is $3B. |
| What is the current revenue of West African Resources? | West African Resources' last 12 months revenue is $1B. |
| What is the current revenue growth of West African Resources? | West African Resources revenue growth (NTM/LTM) is 64%. |
| What is the current EV/Revenue multiple of West African Resources? | Current revenue multiple of West African Resources is 2.2x. |
| Is West African Resources profitable? | Yes, West African Resources is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of West African Resources? | West African Resources' last 12 months EBITDA is $818M. |
| What is West African Resources' EBITDA margin? | West African Resources' last 12 months EBITDA margin is 61%. |
| What is the current EV/EBITDA multiple of West African Resources? | Current EBITDA multiple of West African Resources is 3.7x. |
| What is the current FCF of West African Resources? | West African Resources' last 12 months FCF is $383M. |
| What is West African Resources' FCF margin? | West African Resources' last 12 months FCF margin is 28%. |
| What is the current EV/FCF multiple of West African Resources? | Current FCF multiple of West African Resources is 7.9x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.