Resource Base Limited

ASX:RBX Stock Report

Market Cap: AU$3.1m

Resource Base Valuation

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

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

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

Key Valuation Metric

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

Key metric: As RBX 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 RBX. This is calculated by dividing RBX's market cap by their current book value.
What is RBX's PB Ratio?
PB Ratio1x
BookAU$3.09m
Market CapAU$3.06m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for RBX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average0.4x
E79 E79 Gold Mines
0.4xn/aAU$2.5m
DTM Dart Mining
0.3xn/aAU$5.6m
MOH Moho Resources
0.6xn/aAU$2.7m
KNB Koonenberry Gold
0.4xn/aAU$4.3m
RBX Resource Base
1xn/aAU$3.1m

Price-To-Book vs Peers: RBX is expensive based on its Price-To-Book Ratio (1x) compared to the peer average (0.4x).

Price to Book Ratio vs Industry

How does RBX'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$32.32m
JRV Jervois Global
0.1xn/aUS$19.32m
ADN Andromeda Metals
0.2x25.5%US$15.43m
CTO Citigold
0.1xn/aUS$7.80m
RBX 1.0xIndustry Avg. 1.1xNo. of Companies92PB00.81.62.43.24+
16 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: RBX is good value based on its Price-To-Book Ratio (1x) compared to the Australian Metals and Mining industry average (1.1x).

Price to Book Ratio vs Fair Ratio

What is RBX'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.

RBX PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1x
Fair PB Ration/a

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