Taiton Resources Limited

ASX:T88 Stock Report

Market Cap: AU$10.7m

Taiton Resources Valuation

Is T88 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of T88 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate T88's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate T88's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for T88?

Key metric: As T88 is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for T88. This is calculated by dividing T88's market cap by their current book value.
What is T88's PB Ratio?
PB Ratio2.1x
BookAU$5.17m
Market CapAU$10.71m

Price to Book Ratio vs Peers

How does T88's PB Ratio compare to its peers?

The above table shows the PB ratio for T88 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.5x
AUH AustChina Holdings
0.2xn/aAU$2.4m
NAE New Age Exploration
2.1xn/aAU$9.6m
EDE Eden Innovations
2.1xn/aAU$6.2m
ALM Alma Metals
1.8xn/aAU$7.7m
T88 Taiton Resources
2.1xn/aAU$10.7m

Price-To-Book vs Peers: T88 is expensive based on its Price-To-Book Ratio (2.1x) compared to the peer average (1.3x).

Price to Book Ratio vs Industry

How does T88's PB Ratio compare vs other companies in the AU Oil and Gas Industry?

5 CompaniesPrice / BookEstimated GrowthMarket Cap
BLU Blue Energy
0.2x109.7%US$8.42m
ATS Australis Oil & Gas
0.2xn/aUS$7.54m
BME Black Mountain Energy
0.07xn/aUS$2.00m
AUH AustChina Holdings
0.2xn/aUS$1.56m
T88 2.1xIndustry Avg. 1.3xNo. of Companies12PB00.81.62.43.24+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: T88 is expensive based on its Price-To-Book Ratio (2.1x) compared to the Australian Oil and Gas industry average (1.3x).

Price to Book Ratio vs Fair Ratio

What is T88's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

T88 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio2.1x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate T88's Price-To-Book Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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