QPM Energy Limited

ASX:QPM Stock Report

Market Cap: AU$91.0m

QPM Energy Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: Insufficient data to calculate QPM's future cash flow value for valuation analysis.

Significantly Below Future Cash Flow Value: Insufficient data to calculate QPM's future cash flow value for valuation analysis.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for QPM. This is calculated by dividing QPM's market cap by their current revenue.
What is QPM's PS Ratio?
PS Ratio1x
SalesAU$88.57m
Market CapAU$91.03m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for QPM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average8.7x
ARL Ardea Resources
32xn/aAU$127.4m
MLG MLG Oz
0.2x5.71%AU$107.7m
TAS Tasman Resources
1.5xn/aAU$32.3m
KSN Kingston Resources
1.1xn/aAU$72.4m
QPM QPM Energy
1x22.23%AU$91.0m

Price-To-Sales vs Peers: QPM is good value based on its Price-To-Sales Ratio (1x) compared to the peer average (8.7x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

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

123 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.91.7x8.1%
QPM QPM Energy
 1x22.23%US$65.44m
BHP BHP Group
4.2x0.32%US$227.57b
FMG Fortescue
3x-2.40%US$49.37b
QPM 1.0xIndustry Avg. 91.7xNo. of Companies123PS020406080100+
123 CompaniesEstimated GrowthMarket Cap
Industry Avg.91.7x14.7%
QPM QPM Energy
 1x9.38%US$65.44m
No more companies

Price-To-Sales vs Industry: QPM is good value based on its Price-To-Sales Ratio (1x) compared to the Australian Metals and Mining industry average (91.7x).

Price to Sales Ratio vs Fair Ratio

What is QPM'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.

QPM PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1x
Fair PS Ratio0.8x

Price-To-Sales vs Fair Ratio: QPM is expensive based on its Price-To-Sales Ratio (1x) compared to the estimated Fair Price-To-Sales Ratio (0.8x).

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 QPM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$0.023
AU$0.082
+257.96%
45.73%AU$0.12AU$0.03n/a3
May ’27AU$0.027
AU$0.10
+269.15%
32.36%AU$0.14AU$0.06n/a3
Apr ’27AU$0.031
AU$0.10
+221.52%
32.36%AU$0.14AU$0.06n/a3
Mar ’27AU$0.031
AU$0.10
+233.32%
35.63%AU$0.15AU$0.06n/a3
Feb ’27AU$0.036
AU$0.11
+205.56%
26.76%AU$0.15AU$0.08n/a3
Jan ’27AU$0.035
AU$0.11
+223.80%
25.30%AU$0.15AU$0.08n/a3
Dec ’26AU$0.04
AU$0.12
+208.33%
20.22%AU$0.15AU$0.09n/a3
Nov ’26AU$0.043
AU$0.13
+194.58%
22.63%AU$0.16AU$0.09n/a3
Oct ’26AU$0.039
AU$0.13
+224.79%
22.63%AU$0.16AU$0.09n/a3
Sep ’26AU$0.031
AU$0.13
+308.61%
22.63%AU$0.16AU$0.09n/a3
Aug ’26AU$0.032
AU$0.13
+295.84%
22.63%AU$0.16AU$0.09n/a3
Jul ’26AU$0.031
AU$0.14
+340.87%
26.94%AU$0.18AU$0.09n/a3
Jun ’26AU$0.04
AU$0.14
+241.68%
24.15%AU$0.18AU$0.10AU$0.0233
May ’26AU$0.045
AU$0.13
+188.89%
22.65%AU$0.17AU$0.10AU$0.0273
Apr ’26AU$0.04
AU$0.13
+233.33%
19.69%AU$0.17AU$0.11AU$0.0313
Mar ’26AU$0.054
AU$0.13
+140.74%
16.62%AU$0.16AU$0.11AU$0.0313
Feb ’26AU$0.064
AU$0.14
+118.75%
14.29%AU$0.16AU$0.12AU$0.0362
AU$0.082
Fair Value
72.1% undervalued intrinsic discount
3
Number of Analysts

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/31 08:09
End of Day Share Price 2026/05/29 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

QPM Energy Limited is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stuart HoweBell Potter
Stuart BakerMST Financial Services Pty Limited
Paul KanerOrd Minnett Limited