Lake Resources NL

ASX:LKE Stock Report

Market Cap: AU$79.9m

Lake Resources Valuation

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

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

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

Key Valuation Metric

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

Key metric: As LKE is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for LKE. This is calculated by dividing LKE's market cap by their current revenue.
What is LKE's PS Ratio?
PS Ratio3.7x
SalesAU$21.84m
Market CapAU$79.91m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for LKE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average19x
ASM Australian Strategic Materials
15.4xn/aAU$88.8m
EQR EQ Resources
4.4xn/aAU$118.6m
KSN Kingston Resources
1.6xn/aAU$66.5m
AGY Argosy Minerals
54.5xn/aAU$51.0m
LKE Lake Resources
3.7x-120.1%AU$79.9m

Price-To-Sales vs Peers: LKE is good value based on its Price-To-Sales Ratio (3.7x) compared to the peer average (19x).

Price to Sales Ratio vs Industry

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

122 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.61.1x2.6%
LKE Lake Resources
 3.7x-120.1%US$51.93m
BHP BHP Group
2.4x-4.1%US$132.38b
FMG Fortescue
2x-5.6%US$36.60b
LKE 3.7xIndustry Avg. 61.1xNo. of Companies122PS020406080100+
122 CompaniesEstimated GrowthMarket Cap
Industry Avg.61.1x10.6%
LKE Lake Resources
 3.7x78.2%US$51.93m
No more companies

Price-To-Sales vs Industry: LKE is good value based on its Price-To-Sales Ratio (3.7x) compared to the Australian Metals and Mining industry average (61.1x).

Price to Sales Ratio vs Fair Ratio

What is LKE'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.

LKE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.7x
Fair PS Ratio0.1x

Price-To-Sales vs Fair Ratio: LKE is expensive based on its Price-To-Sales Ratio (3.7x) compared to the estimated Fair Price-To-Sales Ratio (0.1x).

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 LKE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$0.047
AU$0.079
+68.8%
54.1%AU$0.14AU$0.048n/a3
Nov ’25AU$0.06
AU$0.079
+32.2%
54.1%AU$0.14AU$0.048n/a3
Oct ’25AU$0.04
AU$0.10
+158.3%
37.3%AU$0.14AU$0.05n/a3
Sep ’25AU$0.04
AU$0.10
+158.3%
37.3%AU$0.14AU$0.05n/a3
Aug ’25AU$0.036
AU$0.085
+136.1%
41.2%AU$0.12AU$0.05n/a2
Jun ’25AU$0.06
AU$0.43
+625.0%
72.4%AU$0.75AU$0.12n/a2
May ’25AU$0.059
AU$0.43
+637.3%
72.4%AU$0.75AU$0.12n/a2
Apr ’25AU$0.066
AU$0.43
+559.1%
72.4%AU$0.75AU$0.12n/a2
Mar ’25AU$0.14
AU$0.49
+265.9%
66.6%AU$1.00AU$0.12n/a5
Feb ’25AU$0.093
AU$0.49
+431.2%
66.6%AU$1.00AU$0.12n/a5
Jan ’25AU$0.13
AU$0.55
+323.1%
53.0%AU$1.00AU$0.25n/a5
Dec ’24AU$0.13
AU$0.92
+609.2%
90.0%AU$2.50AU$0.25n/a5
Nov ’24AU$0.16
AU$1.02
+538.8%
78.5%AU$2.50AU$0.25AU$0.065
Oct ’24AU$0.18
AU$1.02
+467.8%
78.5%AU$2.50AU$0.25AU$0.045
Sep ’24AU$0.21
AU$1.16
+440.5%
61.2%AU$2.50AU$0.36AU$0.045
Aug ’24AU$0.23
AU$1.59
+593.0%
46.9%AU$2.52AU$0.95AU$0.0365
Jul ’24AU$0.30
AU$1.59
+431.3%
46.9%AU$2.52AU$0.95AU$0.045
Jun ’24AU$0.52
AU$2.31
+349.3%
48.0%AU$4.25AU$0.95AU$0.065
May ’24AU$0.45
AU$2.30
+417.8%
48.7%AU$4.25AU$0.90AU$0.0595
Apr ’24AU$0.45
AU$2.50
+462.7%
40.5%AU$4.25AU$1.40AU$0.0665
Mar ’24AU$0.63
AU$2.28
+265.4%
29.5%AU$3.15AU$1.40AU$0.145
Feb ’24AU$0.80
AU$2.28
+187.3%
29.5%AU$3.15AU$1.40AU$0.0935
Jan ’24AU$0.80
AU$2.43
+204.3%
22.5%AU$3.00AU$1.40AU$0.135
Dec ’23AU$1.01
AU$2.43
+142.2%
22.5%AU$3.00AU$1.40AU$0.135
Nov ’23AU$1.06
AU$2.43
+129.6%
22.5%AU$3.00AU$1.40AU$0.165

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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