Aeris Resources Limited

ASX:AIS Stock Report

Market Cap: AU$179.0m

Aeris Resources Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: AIS (A$0.19) is trading below our estimate of fair value (A$1.07)

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

Key Valuation Metric

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

Key metric: As AIS is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for AIS. This is calculated by dividing AIS's market cap by their current revenue.
What is AIS's PS Ratio?
PS Ratio0.3x
SalesAU$540.02m
Market CapAU$178.99m

Price to Sales Ratio vs Peers

How does AIS's PS Ratio compare to its peers?

The above table shows the PS ratio for AIS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.5x
AR1 Austral Resources Australia
0.8xn/aAU$84.3m
SFR Sandfire Resources
3.3x8.6%AU$4.7b
BIS Bisalloy Steel Group
1.2xn/aAU$190.2m
FEX Fenix Resources
0.7x25.4%AU$183.8m
AIS Aeris Resources
0.3x-10.5%AU$179.0m

Price-To-Sales vs Peers: AIS is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (1.5x).

Price to Sales Ratio vs Industry

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

123 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.61.9x2.7%
AIS Aeris Resources
 0.3x-10.5%US$116.68m
BHP BHP Group
2.3x-4.1%US$131.63b
FMG Fortescue
2x-5.6%US$36.31b
AIS 0.3xIndustry Avg. 61.9xNo. of Companies123PS020406080100+
123 CompaniesEstimated GrowthMarket Cap
Industry Avg.61.9x10.7%
AIS Aeris Resources
 0.3x44.8%US$116.68m
No more companies

Price-To-Sales vs Industry: AIS is good value based on its Price-To-Sales Ratio (0.3x) compared to the Australian Metals and Mining industry average (61.9x).

Price to Sales Ratio vs Fair Ratio

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

AIS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.3x
Fair PS Ratio0.3x

Price-To-Sales vs Fair Ratio: AIS is expensive based on its Price-To-Sales Ratio (0.3x) compared to the estimated Fair Price-To-Sales Ratio (0.3x).

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 AIS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$0.18
AU$0.27
+43.2%
19.0%AU$0.34AU$0.20n/a4
Nov ’25AU$0.21
AU$0.27
+26.2%
19.0%AU$0.34AU$0.20n/a4
Oct ’25AU$0.23
AU$0.23
+3.3%
11.1%AU$0.27AU$0.20n/a4
Sep ’25AU$0.18
AU$0.23
+27.8%
11.1%AU$0.27AU$0.20n/a4
Aug ’25AU$0.20
AU$0.24
+21.2%
12.5%AU$0.28AU$0.20n/a4
Jul ’25AU$0.23
AU$0.26
+14.4%
11.1%AU$0.30AU$0.22n/a4
Jun ’25AU$0.28
AU$0.27
-2.7%
12.8%AU$0.30AU$0.22n/a4
May ’25AU$0.26
AU$0.24
-5.9%
16.4%AU$0.30AU$0.20n/a4
Apr ’25AU$0.15
AU$0.17
+8.1%
22.5%AU$0.23AU$0.13n/a4
Mar ’25AU$0.12
AU$0.17
+50.0%
25.4%AU$0.23AU$0.13n/a4
Feb ’25AU$0.10
AU$0.17
+72.5%
25.4%AU$0.23AU$0.13n/a4
Jan ’25AU$0.14
AU$0.18
+22.4%
22.3%AU$0.23AU$0.13n/a4
Dec ’24AU$0.12
AU$0.20
+69.6%
33.7%AU$0.30AU$0.13n/a4
Nov ’24AU$0.15
AU$0.45
+197.3%
88.3%AU$1.23AU$0.20AU$0.215
Oct ’24AU$0.18
AU$0.45
+152.2%
85.8%AU$1.23AU$0.20AU$0.235
Sep ’24AU$0.24
AU$0.46
+93.3%
82.7%AU$1.23AU$0.25AU$0.185
Aug ’24AU$0.38
AU$0.84
+120.5%
29.3%AU$1.23AU$0.55AU$0.205
Jul ’24AU$0.48
AU$0.86
+80.0%
25.0%AU$1.23AU$0.60AU$0.235
Jun ’24AU$0.45
AU$0.93
+106.7%
20.5%AU$1.23AU$0.70AU$0.284
May ’24AU$0.48
AU$1.03
+113.9%
14.1%AU$1.23AU$0.90AU$0.263
Apr ’24AU$0.67
AU$0.89
+32.8%
6.7%AU$0.95AU$0.83AU$0.152
Mar ’24AU$0.60
AU$0.88
+45.8%
5.1%AU$0.92AU$0.83AU$0.122
Feb ’24AU$0.68
AU$0.89
+30.9%
4.5%AU$0.93AU$0.85AU$0.102
Jan ’24AU$0.56
AU$0.86
+53.1%
7.5%AU$0.93AU$0.80AU$0.142
Dec ’23AU$0.57
AU$0.86
+51.8%
7.5%AU$0.93AU$0.80AU$0.122
Nov ’23AU$0.30
AU$0.86
+183.6%
7.5%AU$0.93AU$0.80AU$0.152

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.

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