Globe Metals & Mining Limited

ASX:GBE Stock Report

Market Cap: AU$33.9m

Globe Metals & Mining Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

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

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

Key Valuation Metric

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

Key metric: As GBE is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for GBE. This is calculated by dividing GBE's market cap by their current book value.
What is GBE's PB Ratio?
PB Ratio1x
BookAU$32.74m
Market CapAU$33.88m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for GBE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average0.9x
HAS Hastings Technology Metals
0.2x12.6%AU$49.7m
WTM Waratah Minerals
1.4xn/aAU$34.3m
BMR Ballymore Resources
1.6xn/aAU$23.0m
GAL Galileo Mining
0.5xn/aAU$26.7m
GBE Globe Metals & Mining
1xn/aAU$33.9m

Price-To-Book vs Peers: GBE is expensive based on its Price-To-Book Ratio (1x) compared to the peer average (0.9x).

Price to Book Ratio vs Industry

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

15 CompaniesPrice / BookEstimated GrowthMarket Cap
HAS Hastings Technology Metals
0.2x12.6%US$32.32m
JRV Jervois Global
0.1xn/aUS$19.32m
ADN Andromeda Metals
0.2x25.5%US$15.59m
CTO Citigold
0.1xn/aUS$7.80m
GBE 1.0xIndustry Avg. 1.1xNo. of Companies98PB00.81.62.43.24+
15 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: GBE is good value based on its Price-To-Book Ratio (1x) compared to the Australian Metals and Mining industry average (1.1x).

Price to Book Ratio vs Fair Ratio

What is GBE'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.

GBE PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1x
Fair PB Ration/a

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

Analyst Forecast: Insufficient data to show price forecast.

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