Redcastle Resources Limited

ASX:RC1 Stock Report

Market Cap: AU$6.7m

Redcastle Resources Valuation

Is RC1 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 RC1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate RC1's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate RC1's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RC1?

Key metric: As RC1 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 RC1. This is calculated by dividing RC1's market cap by their current book value.
What is RC1's PB Ratio?
PB Ratio1.9x
BookAU$3.49m
Market CapAU$6.69m

Price to Book Ratio vs Peers

How does RC1's PB Ratio compare to its peers?

The above table shows the PB ratio for RC1 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average0.6x
SVG Savannah Goldfields
0.8xn/aAU$6.2m
M2M Mt Malcolm Mines
0.8xn/aAU$6.3m
DTM Dart Mining
0.3xn/aAU$5.6m
KAL Kalgoorlie Gold Mining
0.7xn/aAU$6.8m
RC1 Redcastle Resources
1.9xn/aAU$6.7m

Price-To-Book vs Peers: RC1 is expensive based on its Price-To-Book Ratio (1.9x) compared to the peer average (0.6x).

Price to Book Ratio vs Industry

How does RC1's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

15 CompaniesPrice / BookEstimated GrowthMarket Cap
HAS Hastings Technology Metals
0.2x12.6%US$32.92m
JRV Jervois Global
0.1xn/aUS$21.09m
ADN Andromeda Metals
0.2x25.5%US$15.57m
CTO Citigold
0.2xn/aUS$9.74m
RC1 1.9xIndustry Avg. 1.1xNo. of Companies89PB00.81.62.43.24+
15 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: RC1 is expensive based on its Price-To-Book Ratio (1.9x) compared to the Australian Metals and Mining industry average (1.1x).

Price to Book Ratio vs Fair Ratio

What is RC1'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.

RC1 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1.9x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate RC1'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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