Alpha HPA Limited

ASX:A4N Stock Report

Market Cap: AU$1.0b

Alpha HPA Valuation

Is A4N 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 A4N when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate A4N's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate A4N's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A4N?

Key metric: As A4N barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for A4N. This is calculated by dividing A4N's market cap by their current book value.
What is A4N's PB Ratio?
PB Ratio4x
BookAU$247.17m
Market CapAU$1.01b

Price to Book Ratio vs Peers

How does A4N's PB Ratio compare to its peers?

The above table shows the PB ratio for A4N vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average2x
SDV SciDev
2.1x36.9%AU$110.1m
CXL Calix
1.6x15.3%AU$136.7m
ORI Orica
1.8x8.4%AU$8.1b
CG1 Carbonxt Group
2.4xn/aAU$26.0m
A4N Alpha HPA
4x20.3%AU$1.0b

Price-To-Book vs Peers: A4N is expensive based on its Price-To-Book Ratio (4x) compared to the peer average (2x).

Price to Book Ratio vs Industry

How does A4N's PB Ratio compare vs other companies in the AU Chemicals Industry?

2 CompaniesPrice / BookEstimated GrowthMarket Cap
DNK Danakali
0.4xn/aUS$9.12m
NRZ NeuRizer
0.06xn/aUS$2.71m
No more companies available in this PB range
A4N 4.0xIndustry Avg. 2.0xNo. of Companies6PB01.63.24.86.48+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: A4N is expensive based on its Price-To-Book Ratio (4x) compared to the Australian Chemicals industry average (2x).

Price to Book Ratio vs Fair Ratio

What is A4N'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.

A4N PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio4x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate A4N'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?

The above table shows the analyst A4N forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$0.86
AU$1.72
+98.3%
16.6%AU$2.00AU$1.43n/a2
Dec ’25AU$1.03
AU$1.70
+65.9%
17.6%AU$2.00AU$1.40n/a2
Nov ’25AU$1.01
AU$1.70
+68.3%
17.6%AU$2.00AU$1.40n/a2

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 07:34
End of Day Share Price 2025/01/02 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Alpha HPA Limited is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stuart HoweBell Potter
Ben WeddMacquarie Research