Raiden Resources Limited

ASX:RDN Stock Report

Market Cap: AU$73.7m

Raiden Resources Valuation

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

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

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

Key Valuation Metric

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

Key metric: As RDN 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 RDN. This is calculated by dividing RDN's market cap by their current book value.
What is RDN's PB Ratio?
PB Ratio3.6x
BookAU$20.73m
Market CapAU$73.68m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for RDN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.1x
SFX Sheffield Resources
0.5x65.4%AU$69.1m
CEL Challenger Gold
0.4xn/aAU$81.3m
ARL Ardea Resources
1.3xn/aAU$72.9m
DME Dome Gold Mines
2.2xn/aAU$75.6m
RDN Raiden Resources
3.6xn/aAU$73.7m

Price-To-Book vs Peers: RDN is expensive based on its Price-To-Book Ratio (3.6x) compared to the peer average (1.1x).

Price to Book Ratio vs Industry

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

17 CompaniesPrice / BookEstimated GrowthMarket Cap
HAS Hastings Technology Metals
0.2x12.6%US$31.24m
JRV Jervois Global
0.1xn/aUS$19.38m
ADN Andromeda Metals
0.2x25.5%US$17.69m
CTO Citigold
0.1xn/aUS$7.80m
RDN 3.6xIndustry Avg. 1.2xNo. of Companies95PB00.81.62.43.24+
17 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: RDN is expensive based on its Price-To-Book Ratio (3.6x) compared to the Australian Metals and Mining industry average (1.2x).

Price to Book Ratio vs Fair Ratio

What is RDN'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.

RDN PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio3.6x
Fair PB Ration/a

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