We’ve recently updated our valuation analysis.

ioneer Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

INR 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/Revenuen/a
Enterprise Value/EBITDA-50.7x
PEG Ration/a

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for INR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average6.2x
AGY Argosy Minerals
11.2x115.8%AU$933.9m
PRN Perenti
0.7x24.3%AU$894.8m
MCR Mincor Resources
8.5x67.4%AU$867.3m
ADT Adriatic Metals
4.2x86.2%AU$867.4m
INR ioneer
3.3x56.2%AU$975.7m

Price-To-Book vs Peers: INR is good value based on its Price-To-Book Ratio (3.3x) compared to the peer average (6.2x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a-4.0%
n/an/an/a

Price-To-Book vs Industry: INR is expensive based on its Price-To-Book Ratio (3.3x) compared to the Australian Metals and Mining industry average (1.7x)


Price to Book Ratio vs Fair Ratio

What is INR'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.

INR PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio3.3x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate INR's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of INR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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

Significantly Below Fair Value: Insufficient data to calculate INR's fair value 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 INR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$0.47
AU$0.78
+67.2%
7.6%AU$0.86AU$0.70n/a4
Jan ’24AU$0.38
AU$0.78
+104.6%
7.6%AU$0.86AU$0.70n/a4
Dec ’23AU$0.60
AU$0.78
+29.6%
7.6%AU$0.86AU$0.70n/a4
Nov ’23AU$0.57
AU$0.78
+36.4%
7.6%AU$0.86AU$0.70n/a4
Oct ’23AU$0.64
AU$0.78
+22.4%
7.6%AU$0.86AU$0.70n/a4
Sep ’23AU$0.65
AU$0.78
+19.6%
7.6%AU$0.86AU$0.70n/a4
Aug ’23AU$0.57
AU$0.80
+40.8%
7.9%AU$0.86AU$0.70n/a4
Jul ’23AU$0.42
AU$0.82
+92.4%
2.5%AU$0.85AU$0.80n/a4
Jun ’23AU$0.48
AU$0.82
+68.6%
2.5%AU$0.85AU$0.80n/a4
May ’23AU$0.68
AU$0.82
+22.0%
2.5%AU$0.85AU$0.80n/a3
Apr ’23AU$0.72
AU$0.83
+16.0%
3.2%AU$0.87AU$0.80n/a4
Mar ’23AU$0.56
AU$0.83
+50.5%
3.2%AU$0.87AU$0.80n/a4
Feb ’23AU$0.69
AU$0.83
+21.9%
3.2%AU$0.87AU$0.80n/a4
Jan ’23AU$0.80
AU$0.81
+1.3%
5.3%AU$0.87AU$0.75AU$0.384
Dec ’22AU$0.67
AU$0.80
+19.0%
6.4%AU$0.87AU$0.75AU$0.604
Nov ’22AU$0.73
AU$0.80
+9.2%
6.4%AU$0.87AU$0.75AU$0.574
Oct ’22AU$0.65
AU$0.70
+9.3%
22.0%AU$0.87AU$0.45AU$0.644
Sep ’22AU$0.55
AU$0.59
+8.3%
16.8%AU$0.71AU$0.45AU$0.654
Aug ’22AU$0.41
AU$0.58
+40.9%
16.2%AU$0.71AU$0.45AU$0.574
Jul ’22AU$0.33
AU$0.58
+75.0%
16.2%AU$0.71AU$0.45AU$0.424
Jun ’22AU$0.34
AU$0.56
+62.3%
12.7%AU$0.64AU$0.45AU$0.484
May ’22AU$0.41
AU$0.52
+27.2%
12.9%AU$0.60AU$0.45AU$0.684
Apr ’22AU$0.37
AU$0.52
+39.2%
12.9%AU$0.60AU$0.45AU$0.724
Mar ’22AU$0.43
AU$0.53
+20.7%
14.3%AU$0.60AU$0.45AU$0.564
Feb ’22AU$0.33
AU$0.45
+36.4%
7.9%AU$0.50AU$0.40AU$0.694
Jan ’22AU$0.28
AU$0.45
+60.7%
11.1%AU$0.50AU$0.40AU$0.802

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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