De Grey Mining Valuation

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

Below Fair Value: DEG (A$1.21) is trading below our estimate of fair value (A$5.81)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

DEG 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/Revenue1559.2x
Enterprise Value/EBITDA-112.3x
PEG Ration/a

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for DEG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average3.5x
GOR Gold Road Resources
2.1x11.0%AU$1.9b
PRU Perseus Mining
1.8x-17.2%AU$3.8b
RED Red 5
8.1x47.7%AU$2.9b
RMS Ramelius Resources
2x12.3%AU$2.2b
DEG De Grey Mining
4.1x44.8%AU$2.9b

Price-To-Book vs Peers: DEG is expensive based on its Price-To-Book Ratio (4.1x) compared to the peer average (3.5x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a13.5%
n/an/an/a
No. of CompaniesPB048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a13.5%
n/an/an/a
No more companies

Price-To-Book vs Industry: DEG is expensive based on its Price-To-Book Ratio (4.1x) compared to the Australian Metals and Mining industry average (1.2x).


Price to Book Ratio vs Fair Ratio

What is DEG'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.

DEG PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio4.1x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate DEG'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 DEG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$1.21
AU$1.72
+42.5%
15.3%AU$2.35AU$1.35n/a9
Jul ’25AU$1.17
AU$1.79
+52.9%
15.1%AU$2.35AU$1.43n/a9
Jun ’25AU$1.14
AU$1.64
+44.7%
7.7%AU$1.80AU$1.43n/a8
May ’25AU$1.25
AU$1.79
+43.6%
19.3%AU$2.70AU$1.45n/a9
Apr ’25AU$1.27
AU$1.71
+34.8%
15.6%AU$2.35AU$1.40n/a9
Mar ’25AU$1.26
AU$1.72
+36.2%
15.6%AU$2.35AU$1.40n/a9
Feb ’25AU$1.20
AU$1.72
+43.1%
15.6%AU$2.35AU$1.40n/a9
Jan ’25AU$1.26
AU$1.71
+35.9%
11.7%AU$2.10AU$1.40n/a9
Dec ’24AU$1.39
AU$1.69
+22.3%
12.2%AU$2.10AU$1.40n/a9
Nov ’24AU$1.17
AU$1.63
+38.9%
9.0%AU$1.80AU$1.40n/a8
Oct ’24AU$1.12
AU$1.79
+60.7%
15.3%AU$2.45AU$1.35n/a9
Sep ’24AU$1.39
AU$1.84
+33.0%
15.1%AU$2.45AU$1.35n/a9
Aug ’24AU$1.38
AU$1.85
+33.9%
16.0%AU$2.45AU$1.35n/a8
Jul ’24AU$1.35
AU$2.02
+49.9%
12.7%AU$2.50AU$1.75AU$1.175
Jun ’24AU$1.41
AU$2.05
+45.9%
13.1%AU$2.50AU$1.80AU$1.144
May ’24AU$1.62
AU$2.03
+25.5%
16.2%AU$2.60AU$1.80AU$1.254
Apr ’24AU$1.55
AU$1.87
+20.6%
12.4%AU$2.20AU$1.55AU$1.274
Mar ’24AU$1.45
AU$1.87
+29.0%
12.4%AU$2.20AU$1.55AU$1.264
Feb ’24AU$1.47
AU$1.87
+27.6%
12.4%AU$2.20AU$1.55AU$1.204
Jan ’24AU$1.29
AU$1.75
+35.8%
12.7%AU$2.05AU$1.45AU$1.264
Dec ’23AU$1.30
AU$1.75
+34.2%
12.7%AU$2.05AU$1.45AU$1.394
Nov ’23AU$1.10
AU$1.70
+54.8%
17.3%AU$2.05AU$1.25AU$1.174
Oct ’23AU$1.04
AU$1.73
+66.3%
22.0%AU$2.15AU$1.15AU$1.124
Sep ’23AU$0.92
AU$1.58
+72.1%
18.2%AU$1.80AU$1.10AU$1.394
Aug ’23AU$0.91
AU$1.59
+75.4%
16.7%AU$1.80AU$1.15AU$1.384
Jul ’23AU$0.81
AU$1.69
+108.3%
20.4%AU$2.15AU$1.20AU$1.354

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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