Hastings Technology Metals Valuation
Is HAS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
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 HAS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate HAS's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate HAS's fair value for valuation analysis.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for HAS?
Key metric: As HAS is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.
| What is HAS's PB Ratio? | |
|---|---|
| PB Ratio | 0.2x |
| Book | AU$296.42m |
| Market Cap | AU$49.73m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | -53.9x |
| PEG Ratio | n/a |
Price to Book Ratio vs Peers
How does HAS's PB Ratio compare to its peers?
| Company | Forward PB | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 3.8x | ||
TGN Tungsten Mining | 2.1x | n/a | AU$58.2m |
GBE Globe Metals & Mining | 1x | n/a | AU$33.9m |
WKT Walkabout Resources | 1.6x | n/a | AU$63.8m |
PTR Petratherm | 10.5x | n/a | AU$57.7m |
HAS Hastings Technology Metals | 0.2x | 12.6% | AU$49.7m |
Price-To-Book vs Peers: HAS is good value based on its Price-To-Book Ratio (0.2x) compared to the peer average (3.8x).
Price to Book Ratio vs Industry
How does HAS's PB Ratio compare vs other companies in the AU Metals and Mining Industry?
| 16 Companies | Price / Book | Estimated Growth | Market Cap |
|---|---|---|---|
| Industry Avg. | 1.1x | 10.6% | |
HAS Hastings Technology Metals | 0.2x | 12.6% | US$32.32m |
JRV Jervois Global | 0.1x | n/a | US$19.32m |
ADN Andromeda Metals | 0.2x | 25.5% | US$15.59m |
| 16 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
| Industry Avg. | 1.1x | 10.6% | |
HAS Hastings Technology Metals | 0.2x | 12.6% | US$32.32m |
Price-To-Book vs Industry: HAS is good value based on its Price-To-Book Ratio (0.2x) compared to the Australian Metals and Mining industry average (1.1x).
Price to Book Ratio vs Fair Ratio
What is HAS'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.
| Fair Ratio | |
|---|---|
| Current PB Ratio | 0.2x |
| Fair PB Ratio | n/a |
Price-To-Book vs Fair Ratio: Insufficient data to calculate HAS'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?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | AU$0.28 | AU$0.39 +40.6% | 13.4% | AU$0.46 | AU$0.35 | n/a | 3 |
| Nov ’25 | AU$0.27 | AU$0.39 +43.2% | 13.4% | AU$0.46 | AU$0.35 | n/a | 3 |
| Oct ’25 | AU$0.29 | AU$0.39 +32.2% | 13.4% | AU$0.46 | AU$0.35 | n/a | 3 |
| Sep ’25 | AU$0.28 | AU$0.35 +28.5% | 1.3% | AU$0.36 | AU$0.35 | n/a | 3 |
| Aug ’25 | AU$0.31 | AU$0.97 +212.9% | 89.7% | AU$2.20 | AU$0.35 | n/a | 3 |
| Jul ’25 | AU$0.29 | AU$0.32 +8.6% | 11.1% | AU$0.35 | AU$0.28 | n/a | 2 |
| Jun ’25 | AU$0.22 | AU$0.61 +177.3% | 55.7% | AU$0.95 | AU$0.27 | n/a | 2 |
| Apr ’25 | AU$0.43 | AU$1.58 +266.3% | 39.7% | AU$2.20 | AU$0.95 | n/a | 2 |
| Mar ’25 | AU$0.63 | AU$1.36 +115.3% | 60.4% | AU$2.50 | AU$0.62 | n/a | 3 |
| Feb ’25 | AU$0.57 | AU$1.36 +135.9% | 60.4% | AU$2.50 | AU$0.62 | n/a | 3 |
| Jan ’25 | AU$0.73 | AU$1.46 +98.6% | 50.4% | AU$2.50 | AU$0.93 | n/a | 3 |
| Dec ’24 | AU$0.68 | AU$1.46 +113.1% | 50.4% | AU$2.50 | AU$0.93 | n/a | 3 |
| Nov ’24 | AU$0.78 | AU$1.80 +129.3% | 57.0% | AU$3.25 | AU$1.05 | AU$0.27 | 3 |
| Oct ’24 | AU$0.72 | AU$1.80 +148.3% | 57.0% | AU$3.25 | AU$1.05 | AU$0.29 | 3 |
| Sep ’24 | AU$1.05 | AU$1.88 +79.4% | 51.5% | AU$3.25 | AU$1.10 | AU$0.28 | 3 |
| Aug ’24 | AU$1.22 | AU$1.88 +55.0% | 51.5% | AU$3.25 | AU$1.10 | AU$0.31 | 3 |
| Jul ’24 | AU$1.34 | AU$1.92 +43.0% | 49.6% | AU$3.25 | AU$1.10 | AU$0.29 | 3 |
| Jun ’24 | AU$1.47 | AU$2.82 +92.3% | 28.3% | AU$3.50 | AU$1.70 | AU$0.22 | 3 |
| May ’24 | AU$2.05 | AU$3.57 +74.0% | 20.6% | AU$4.50 | AU$2.70 | AU$0.34 | 3 |
| Apr ’24 | AU$2.55 | AU$4.12 +61.4% | 9.2% | AU$4.50 | AU$3.60 | AU$0.43 | 3 |
| Mar ’24 | AU$2.75 | AU$5.15 +87.3% | 34.0% | AU$7.60 | AU$3.60 | AU$0.63 | 3 |
| Feb ’24 | AU$3.43 | AU$5.12 +49.2% | 24.6% | AU$6.90 | AU$4.20 | AU$0.57 | 3 |
| Jan ’24 | AU$3.52 | AU$5.35 +52.0% | 21.1% | AU$6.90 | AU$4.25 | AU$0.73 | 3 |
| Dec ’23 | AU$3.81 | AU$5.32 +39.5% | 21.5% | AU$6.90 | AU$4.25 | AU$0.68 | 3 |
| Nov ’23 | AU$3.67 | AU$6.30 +71.7% | 9.5% | AU$6.90 | AU$5.70 | AU$0.78 | 2 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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