Bowen Coking Coal Limited

ASX:BCB Stock Report

Market Cap: AU$60.0m

Bowen Coking Coal Valuation

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

Valuation Score

5/6

Valuation Score 5/6

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

Below Fair Value: BCB (A$0.01) is trading below our estimate of fair value (A$0.25)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for BCB. This is calculated by dividing BCB's market cap by their current revenue.
What is BCB's PS Ratio?
PS Ratio0.1x
SalesAU$450.21m
Market CapAU$60.00m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for BCB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average22.4x
IRD Iron Road
58xn/aAU$47.4m
CKA Cokal
10.8xn/aAU$63.7m
LCY Legacy Iron Ore
3xn/aAU$87.9m
FHS Freehill Mining
17.8xn/aAU$12.3m
BCB Bowen Coking Coal
0.1x21.5%AU$60.0m

Price-To-Sales vs Peers: BCB is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (22.4x).

Price to Sales Ratio vs Industry

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

126 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.58.9x3.2%
BCB Bowen Coking Coal
 0.1x21.5%US$37.53m
BHP BHP Group
2.2x-3.1%US$125.60b
FMG Fortescue
1.9x-5.5%US$35.01b
BCB 0.1xIndustry Avg. 58.9xNo. of Companies126PS020406080100+
126 CompaniesEstimated GrowthMarket Cap
Industry Avg.58.9x10.5%
BCB Bowen Coking Coal
 0.1x71.8%US$37.53m
No more companies

Price-To-Sales vs Industry: BCB is good value based on its Price-To-Sales Ratio (0.1x) compared to the Australian Metals and Mining industry average (58x).

Price to Sales Ratio vs Fair Ratio

What is BCB'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.

BCB PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.1x
Fair PS Ratio1x

Price-To-Sales vs Fair Ratio: BCB is good value based on its Price-To-Sales Ratio (0.1x) compared to the estimated Fair Price-To-Sales Ratio (1x).

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 BCB forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$0.006
AU$0.22
+3,514.2%
67.9%AU$0.40AU$0.04n/a3
Dec ’25AU$0.008
AU$0.22
+2,607.3%
68.2%AU$0.40AU$0.039n/a3
Nov ’25AU$0.008
AU$0.22
+2,651.9%
65.1%AU$0.40AU$0.05n/a3
Oct ’25n/a
AU$0.22
0%
65.1%AU$0.40AU$0.05n/a3
Sep ’25AU$0.014
AU$0.28
+1,920.8%
29.7%AU$0.40AU$0.21n/a3
Aug ’25AU$0.033
AU$0.28
+757.3%
29.7%AU$0.40AU$0.21n/a3
Jul ’25AU$0.059
AU$0.28
+379.5%
29.7%AU$0.40AU$0.21n/a3
Jun ’25AU$0.065
AU$0.32
+391.3%
25.4%AU$0.40AU$0.24n/a2
May ’25AU$0.056
AU$0.32
+463.0%
27.0%AU$0.40AU$0.23n/a2
Apr ’25AU$0.047
AU$0.31
+567.7%
27.6%AU$0.40AU$0.23n/a2
Mar ’25AU$0.063
AU$0.31
+398.1%
27.6%AU$0.40AU$0.23n/a2
Feb ’25AU$0.068
AU$0.31
+361.5%
27.6%AU$0.40AU$0.23n/a2
Jan ’25AU$0.10
AU$0.32
+217.6%
26.1%AU$0.40AU$0.23n/a2
Dec ’24AU$0.12
AU$0.32
+176.2%
26.1%AU$0.40AU$0.23AU$0.0082
Nov ’24AU$0.11
AU$0.34
+206.7%
18.7%AU$0.40AU$0.27AU$0.0082
Oct ’24AU$0.17
AU$0.35
+109.3%
16.0%AU$0.40AU$0.29n/a2
Sep ’24AU$0.10
AU$0.36
+260.2%
11.2%AU$0.40AU$0.32AU$0.0142
Aug ’24AU$0.095
AU$0.45
+369.1%
10.1%AU$0.49AU$0.40AU$0.0332
Jul ’24AU$0.16
AU$0.45
+178.5%
10.1%AU$0.49AU$0.40AU$0.0592
Jun ’24AU$0.22
AU$0.45
+102.6%
10.1%AU$0.49AU$0.40AU$0.0652
May ’24AU$0.23
AU$0.45
+89.6%
10.1%AU$0.49AU$0.40AU$0.0562
Apr ’24AU$0.25
AU$0.45
+81.0%
7.4%AU$0.49AU$0.42AU$0.0472
Mar ’24AU$0.27
AU$0.45
+67.6%
7.4%AU$0.49AU$0.42AU$0.0632
Feb ’24AU$0.28
AU$0.48
+69.5%
0.6%AU$0.49AU$0.48AU$0.0682
Jan ’24AU$0.33
AU$0.48
+46.4%
0.6%AU$0.49AU$0.48AU$0.102
Dec ’23AU$0.28
AU$0.48
+72.5%
0.6%AU$0.49AU$0.48AU$0.122

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 00:12
End of Day Share Price 2024/12/20 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

Bowen Coking Coal Limited is covered by 4 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
Chris KallosEdison Investment Research
null nullIndependent Investment Research (Aust.) Pty Ltd
Tom SartorMorgans Financial Limited