Ionic Rare Earths Limited

ASX:IXR Stock Report

Market Cap: AU$48.3m

Ionic Rare Earths Valuation

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

Valuation Score


Valuation Score 4/6

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

Below Fair Value: IXR (A$0.01) is trading below our estimate of fair value (A$0.1)

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

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

IXR 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/Revenue13.4x
Enterprise Value/EBITDA-2.5x
PEG Ration/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for IXR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average7.5x
FML Focus Minerals
CAI Calidus Resources
AWJ Auric Mining
MLS Metals Australia
IXR Ionic Rare Earths

Price-To-Sales vs Peers: IXR is expensive based on its Price-To-Sales Ratio (14.8x) compared to the peer average (7.5x).

Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a16.1%
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a16.1%
No more companies

Price-To-Sales vs Industry: IXR is good value based on its Price-To-Sales Ratio (14.8x) compared to the Australian Metals and Mining industry average (78.9x).

Price to Sales Ratio vs Fair Ratio

What is IXR'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.

IXR PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio14.8x
Fair PS Ratio21x

Price-To-Sales vs Fair Ratio: IXR is good value based on its Price-To-Sales Ratio (14.8x) compared to the estimated Fair Price-To-Sales Ratio (21x).

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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