Core Lithium Valuation

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

Below Fair Value: CXO (A$0.16) is trading above our estimate of fair value (A$0.01)

Significantly Below Fair Value: CXO is trading above our estimate of fair value.


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

CXO 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/Revenue1.1x
Enterprise Value/EBITDA244.7x
PEG Ration/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for CXO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.6x
PLL Piedmont Lithium
6.3x38.1%AU$387.3m
STA Strandline Resources
2.3x18.6%AU$138.9m
DVP Develop Global
5.3x65.5%AU$577.5m
BDM Burgundy Diamond Mines
0.3x-23.7%AU$277.1m
CXO Core Lithium
1.8x12.5%AU$331.2m

Price-To-Sales vs Peers: CXO is good value based on its Price-To-Sales Ratio (1.8x) compared to the peer average (3.6x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a13.6%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a13.6%
n/an/an/a
No more companies

Price-To-Sales vs Industry: CXO is good value based on its Price-To-Sales Ratio (1.8x) compared to the Australian Metals and Mining industry average (74.1x).


Price to Sales Ratio vs Fair Ratio

What is CXO'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.

CXO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.8x
Fair PS Ratio0.8x

Price-To-Sales vs Fair Ratio: CXO is expensive based on its Price-To-Sales Ratio (1.8x) compared to the estimated Fair Price-To-Sales Ratio (0.8x).


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 CXO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$0.15
AU$0.12
-24.2%
24.7%AU$0.15AU$0.06n/a8
Mar ’25AU$0.24
AU$0.14
-42.7%
31.7%AU$0.20AU$0.06n/a8
Feb ’25AU$0.20
AU$0.19
-0.9%
56.2%AU$0.45AU$0.10n/a9
Jan ’25AU$0.25
AU$0.30
+20.0%
44.7%AU$0.55AU$0.10n/a10
Dec ’24AU$0.27
AU$0.38
+41.9%
29.1%AU$0.60AU$0.25n/a10
Nov ’24AU$0.34
AU$0.40
+14.8%
26.7%AU$0.60AU$0.25n/a10
Oct ’24AU$0.41
AU$0.49
+22.0%
28.1%AU$0.80AU$0.34n/a10
Sep ’24AU$0.40
AU$0.49
+22.5%
25.8%AU$0.77AU$0.36n/a8
Aug ’24AU$0.66
AU$0.68
+3.7%
29.0%AU$0.95AU$0.41n/a9
Jul ’24AU$0.90
AU$0.91
+1.6%
28.6%AU$1.40AU$0.53n/a9
Jun ’24AU$1.04
AU$0.90
-13.1%
30.5%AU$1.40AU$0.53n/a9
May ’24AU$0.95
AU$0.90
-6.3%
29.0%AU$1.35AU$0.56n/a8
Apr ’24AU$0.86
AU$0.92
+6.8%
27.9%AU$1.45AU$0.50n/a8
Mar ’24AU$0.95
AU$0.98
+2.7%
27.7%AU$1.45AU$0.49AU$0.248
Feb ’24AU$1.13
AU$1.00
-11.7%
31.1%AU$1.45AU$0.49AU$0.206
Jan ’24AU$1.03
AU$1.04
+1.1%
32.8%AU$1.50AU$0.53AU$0.255
Dec ’23AU$1.34
AU$1.28
-4.7%
42.5%AU$1.80AU$0.53AU$0.273
Nov ’23AU$1.44
AU$1.60
+11.1%
6.3%AU$1.70AU$1.50AU$0.342
Sep ’23AU$1.36
AU$1.65
+21.8%
9.1%AU$1.80AU$1.50AU$0.402

Analyst Forecast: Target price is lower than the current share price.


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