Eclipse Metals Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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 EPM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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

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

Key Valuation Metric

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

Key metric: As EPM barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for EPM. This is calculated by dividing EPM's market cap by their current book value.
What is EPM's PB Ratio?
PB Ratio	0.8x
Book	AU$13.53m
Market Cap	AU$11.25m

EPM key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1226.3x
Enterprise Value/EBITDA	212.2x
PEG Ratio	n/a

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for EPM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	1.2x
NAE New Age Exploration	1.9x	n/a	AU$9.6m
ALM Alma Metals	1.8x	n/a	AU$9.3m
EME Energy Metals	0.4x	n/a	AU$22.0m
REY Rey Resources	0.7x	n/a	AU$7.6m
EPM Eclipse Metals	0.8x	n/a	AU$11.3m

Price-To-Book vs Peers: EPM is good value based on its Price-To-Book Ratio (0.8x) compared to the peer average (1.3x).

Price to Book Ratio vs Industry

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

4 Companies	Price / Book	Estimated Growth	Market Cap
ATS Australis Oil & Gas	0.2x	n/a	US$7.54m
BME Black Mountain Energy	0.07x	n/a	US$2.00m
AUH AustChina Holdings	0.2x	n/a	US$1.56m
BSN Basin Energy	0.2x	n/a	US$1.49m

No more companies available in this PB range

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: EPM is good value based on its Price-To-Book Ratio (0.8x) compared to the Australian Oil and Gas industry average (1.3x).

Price to Book Ratio vs Fair Ratio

What is EPM'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.

EPM PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	0.8x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate EPM'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.

Discover undervalued companies

Beach Energy

AU$3.0b

Operates as an oil and gas exploration and production company.

BPT

AU$1.24

-3.9%

-16.5%

Beach Energy

AU$3.0b

Operates as an oil and gas exploration and production company.

BPT

AU$1.29

1.2%

-13.4%

Amplitude Energy

AU$475.2m

Engages in exploration, development, and production of natural gas and low-cost oil in Australia.

AEL

AU$0.18

2.9%

71.4%