Protean Energy Limited

ASX:POW Stock Report

Market Cap: AU$5.2m

Protean Energy Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

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

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

Key Valuation Metric

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

Key metric: As POW is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for POW. This is calculated by dividing POW's market cap by their current book value.
What is POW's PB Ratio?
PB Ratio4.2x
BookAU$1.23m
Market CapAU$5.20m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for POW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.2x
AL8 Alderan Resources
1.2xn/aAU$5.7m
CUS Copper Search
1.1xn/aAU$4.4m
TG1 TechGen Metals
0.8xn/aAU$5.1m
NIS NickelSearch
1.8xn/aAU$4.0m
POW Protean Energy
4.2xn/aAU$5.2m

Price-To-Book vs Peers: POW is good value based on its Price-To-Book Ratio (4.2x) compared to the peer average (4.4x).

Price to Book Ratio vs Industry

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

16 CompaniesPrice / BookEstimated GrowthMarket Cap
HAS Hastings Technology Metals
0.2x12.6%US$29.98m
JRV Jervois Global
0.1xn/aUS$21.09m
ADN Andromeda Metals
0.1x25.5%US$14.33m
CTO Citigold
0.1xn/aUS$7.80m
POW 4.2xIndustry Avg. 1.2xNo. of Companies97PB00.81.62.43.24+
16 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: POW is expensive based on its Price-To-Book Ratio (4.2x) compared to the Australian Metals and Mining industry average (1.1x).

Price to Book Ratio vs Fair Ratio

What is POW'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.

POW PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio4.2x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate POW'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?

Analyst Forecast: Insufficient data to show price forecast.

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