Leeuwin Metals Valuation

Is LM1 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 LM1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate LM1's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate LM1's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LM1?

Key metric: As LM1 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for LM1. This is calculated by dividing LM1's market cap by their current revenue.
What is LM1's PS Ratio?
PS Ratio	10.3x
Sales	AU$450.50k
Market Cap	AU$4.63m

LM1 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/Revenue	5.7x
Enterprise Value/EBITDA	-5.3x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does LM1's PS Ratio compare to its peers?

The above table shows the PS ratio for LM1 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	23.4x
BUS Bubalus Resources	34.9x	n/a	AU$4.7m
CBY Canterbury Resources	10.4x	n/a	AU$4.1m
SI6 SI6 Metals	42.5x	n/a	AU$3.0m
GRL Godolphin Resources	5.6x	n/a	AU$4.1m
LM1 Leeuwin Metals	10.3x	n/a	AU$4.6m

Price-To-Sales vs Peers: LM1 is good value based on its Price-To-Sales Ratio (10.3x) compared to the peer average (23.4x).

Price to Sales Ratio vs Industry

How does LM1's PS Ratio compare vs other companies in the AU Metals and Mining Industry?

120 Companies	Price / Sales	Estimated Growth	Market Cap
BHP BHP Group	2.3x	-3.2%	US$132.56b
FMG Fortescue	2x	-5.6%	US$36.75b
NCM Newcrest Mining	3x	5.2%	US$13.37b
NST Northern Star Resources	4x	8.5%	US$13.15b

120 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: LM1 is good value based on its Price-To-Sales Ratio (10.3x) compared to the Australian Metals and Mining industry average (58.6x).

Price to Sales Ratio vs Fair Ratio

What is LM1'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.

LM1 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	10.3x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate LM1's Price-To-Sales 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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