AIC Mines Limited

ASX:A1M Stock Report

Market Cap: AU$195.7m

AIC Mines Valuation

Is A1M 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-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of A1M when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A1M (A$0.34) is trading below our estimate of fair value (A$9.43)

Significantly Below Fair Value: A1M is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A1M?

Key metric: As A1M is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for A1M. This is calculated by dividing A1M's market cap by their current earnings.
What is A1M's PE Ratio?
PE Ratio25.4x
EarningsAU$7.69m
Market CapAU$195.73m

Price to Earnings Ratio vs Peers

How does A1M's PE Ratio compare to its peers?

The above table shows the PE ratio for A1M vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.9x
PRG PRL Global
20.6xn/aAU$139.0m
VYS Vysarn
28.3xn/aAU$225.1m
DDH DDH1
7.8x9.6%AU$331.8m
DRX Diatreme Resources
10.8xn/aAU$115.2m
A1M AIC Mines
25.4x31.8%AU$195.7m

Price-To-Earnings vs Peers: A1M is expensive based on its Price-To-Earnings Ratio (25.4x) compared to the peer average (19.9x).

Price to Earnings Ratio vs Industry

How does A1M's PE Ratio compare vs other companies in the AU Metals and Mining Industry?

9 CompaniesPrice / EarningsEstimated GrowthMarket Cap
KCN Kingsgate Consolidated
1.7x-13.3%US$225.14m
GRR Grange Resources
2.6xn/aUS$181.06m
RHI Red Hill Minerals
1.8xn/aUS$179.75m
PTN Patronus Resources
2.4xn/aUS$68.31m
A1M 25.4xIndustry Avg. 11.9xNo. of Companies13PE01224364860+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: A1M is expensive based on its Price-To-Earnings Ratio (25.4x) compared to the Australian Metals and Mining industry average (11.9x).

Price to Earnings Ratio vs Fair Ratio

What is A1M's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

A1M PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio25.4x
Fair PE Ratio22x

Price-To-Earnings vs Fair Ratio: A1M is expensive based on its Price-To-Earnings Ratio (25.4x) compared to the estimated Fair Price-To-Earnings Ratio (22x).

Analyst Price Targets

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

The above table shows the analyst A1M forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$0.34
AU$0.72
+110.6%
27.2%AU$1.10AU$0.60n/a5
Nov ’25AU$0.35
AU$0.72
+101.7%
27.2%AU$1.10AU$0.60n/a5
Oct ’25AU$0.37
AU$0.75
+102.7%
27.1%AU$1.10AU$0.60n/a4
Sep ’25AU$0.30
AU$0.75
+149.2%
27.3%AU$1.10AU$0.60n/a4
Aug ’25AU$0.34
AU$0.75
+120.6%
27.1%AU$1.10AU$0.60n/a4
Jul ’25AU$0.43
AU$0.81
+89.0%
27.6%AU$1.20AU$0.65n/a4
Jun ’25AU$0.52
AU$0.81
+57.8%
27.6%AU$1.20AU$0.65n/a4
May ’25AU$0.47
AU$0.75
+59.6%
18.3%AU$0.90AU$0.55n/a4
Apr ’25AU$0.35
AU$0.70
+98.6%
19.1%AU$0.90AU$0.52n/a4
Mar ’25AU$0.30
AU$0.66
+114.8%
24.7%AU$0.90AU$0.50n/a4
Feb ’25AU$0.29
AU$0.67
+126.0%
18.7%AU$0.80AU$0.50n/a3
Jan ’25AU$0.34
AU$0.67
+93.2%
18.7%AU$0.80AU$0.50n/a3
Dec ’24AU$0.34
AU$0.67
+99.0%
18.7%AU$0.80AU$0.50n/a3
Nov ’24AU$0.29
AU$0.70
+141.4%
11.7%AU$0.80AU$0.60AU$0.353
Oct ’24AU$0.32
AU$0.70
+118.8%
11.7%AU$0.80AU$0.60AU$0.373
Sep ’24AU$0.34
AU$0.70
+105.9%
11.7%AU$0.80AU$0.60AU$0.303
Aug ’24AU$0.40
AU$0.64
+60.8%
9.5%AU$0.73AU$0.60AU$0.343
Jul ’24AU$0.41
AU$0.63
+54.5%
7.4%AU$0.70AU$0.60AU$0.433
Jun ’24AU$0.39
AU$0.65
+66.7%
6.3%AU$0.70AU$0.60AU$0.523
May ’24AU$0.41
AU$0.63
+56.4%
3.7%AU$0.65AU$0.60AU$0.473
Apr ’24AU$0.44
AU$0.68
+55.3%
3.4%AU$0.70AU$0.65AU$0.353
Mar ’24AU$0.42
AU$0.68
+60.8%
3.4%AU$0.70AU$0.65AU$0.303
Feb ’24AU$0.47
AU$0.71
+52.0%
6.4%AU$0.75AU$0.65AU$0.293
Jan ’24AU$0.43
AU$0.73
+69.0%
8.4%AU$0.80AU$0.65AU$0.343
Dec ’23AU$0.47
AU$0.71
+52.7%
6.1%AU$0.75AU$0.65AU$0.343
Nov ’23AU$0.43
AU$0.73
+67.1%
2.8%AU$0.75AU$0.70AU$0.293

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Discover undervalued companies

Incitec Pivot

AU$6.0b

Manufactures and distributes industrial explosives, industrial chemicals, and fertilizers in Australia and the United State.

IPL

AU$3.16

7D

5.2%

1Y

11.3%

Aurelia Metals

AU$296.0m

Engages in the exploration and production of mineral properties in Australia.

AMI

AU$0.17

7D

6.1%

1Y

66.7%

Aurelia Metals

AU$296.0m

Engages in the exploration and production of mineral properties in Australia.

AMI

AU$0.17

7D

0%

1Y

58.1%