Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBIT Multiple | -3.2x - -3.6x | -3.4x |
| Selected Fwd EBIT Multiple | -4.3x - -4.8x | -4.5x |
| Fair Value | A$0.63 - A$0.69 | A$0.66 |
| Upside | 15.3% - 25.8% | 20.6% |
| Benchmarks | Ticker | Full Ticker |
| Austin Metals Limited | AYT | ASX:AYT |
| Andean Silver Limited | ASL | ASX:ASL |
| Torque Metals Limited | TOR | ASX:TOR |
| GBM Resources Limited | GBZ | ASX:GBZ |
| Artemis Resources Limited | ARV | ASX:ARV |
| Australian Strategic Materials Ltd | ASM | ASX:ASM |
| - | - | - |
| Select LTM EBIT Multiple | |||||||
| Benchmark Companies | |||||||
| AYT | ASL | TOR | GBZ | ARV | ASM | ||
| ASX:AYT | ASX:ASL | ASX:TOR | ASX:GBZ | ASX:ARV | ASX:ASM | ||
| Historical EBIT Growth | |||||||
| 5Y CAGR | NM- | NM- | NM- | NM- | NM- | NM- | |
| 3Y CAGR | NM- | NM- | NM- | NM- | NM- | NM- | |
| Latest Twelve Months | -1196.3% | -230.0% | -38.4% | -531.1% | -60.9% | -14.9% | |
| Historical EBIT Profit Margin | |||||||
| 5 Year Average Margin | -4508.3% | -247768.9% | -3711.4% | -2185.2% | -8244.5% | -557.0% | |
| Prior Fiscal Year | -4260.2% | -15321.8% | -1009.6% | -226.8% | -4116.2% | -441.9% | |
| Latest Fiscal Year | -4210.6% | -2728.4% | -2492.8% | -2237.4% | -547.4% | -412.8% | |
| Latest Twelve Months | -27366.5% | -1167.3% | -2222.1% | -2138.9% | -1050.4% | -615.6% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 232.83x | 200.99x | 662.60x | 300.92x | 22.16x | 20.18x | |
| EV / LTM EBITDA | -0.9x | -16.5x | -34.0x | -16.6x | -12.2x | -3.5x | |
| EV / LTM EBIT | -0.9x | -17.2x | -29.8x | -14.1x | -2.1x | -3.3x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBIT | -29.8x | -14.1x | -0.9x | ||||
| Historical EV / LTM EBIT | -191.8x | -12.7x | -4.5x | ||||
| Selected EV / LTM EBIT | -3.2x | -3.4x | -3.6x | ||||
| (x) LTM EBIT | (26) | (26) | (26) | ||||
| (=) Implied Enterprise Value | 83 | 87 | 92 | ||||
| (-) Non-shareholder Claims * | 16 | 16 | 16 | ||||
| (=) Equity Value | 99 | 103 | 108 | ||||
| (/) Shares Outstanding | 181.3 | 181.3 | 181.3 | ||||
| Implied Value Range | 0.55 | 0.57 | 0.59 | ||||
| FX Rate: AUD/AUD | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 0.55 | 0.57 | 0.59 | 0.55 | |||
| Upside / (Downside) | 0.0% | 4.4% | 8.8% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | AYT | ASL | TOR | GBZ | ARV | ASM | |
| Enterprise Value | 6 | 201 | 128 | 27 | 10 | 83 | |
| (+) Cash & Short Term Investments | 1 | 26 | 1 | 1 | 3 | 33 | |
| (+) Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Debt | 0 | (0) | (1) | (6) | (0) | (17) | |
| (-) Other Liabilities | 0 | 0 | 0 | 0 | 0 | (0) | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 6 | 227 | 129 | 22 | 13 | 99 | |
| (/) Shares Outstanding | 1,584.2 | 184.3 | 526.6 | 1,171.1 | 2,865.7 | 181.3 | |
| Implied Stock Price | 0.00 | 1.23 | 0.25 | 0.02 | 0.00 | 0.55 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 0.00 | 1.23 | 0.25 | 0.02 | 0.00 | 0.55 | |
| Trading Currency | AUD | AUD | AUD | AUD | AUD | AUD | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |