Sayona Mining Limited

ASX:SYA Stock Report

Market Cap: AU$219.3m

Sayona Mining Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for SYA. This is calculated by dividing SYA's market cap by their current revenue.
What is SYA's PS Ratio?
PS Ratio1.1x
SalesAU$204.43m
Market CapAU$219.32m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for SYA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.3x
CXO Core Lithium
3x-17.1%AU$154.3m
PYX PYX Resources
6.8x64.1%AU$233.0m
PLL Piedmont Lithium
1.5x22.6%AU$241.4m
EQR EQ Resources
1.8xn/aAU$101.5m
SYA Sayona Mining
1.1x7.2%AU$219.3m

Price-To-Sales vs Peers: SYA is good value based on its Price-To-Sales Ratio (1.1x) compared to the peer average (2.1x).

Price to Sales Ratio vs Industry

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

119 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.55.0x6.0%
SYA Sayona Mining
 1.1x7.2%US$140.05m
BHP BHP Group
2.3x-2.2%US$123.37b
FMG Fortescue
1.9x-3.6%US$30.47b
SYA 1.1xIndustry Avg. 55.0xNo. of Companies119PS020406080100+
119 CompaniesEstimated GrowthMarket Cap
Industry Avg.55.0x12.0%
SYA Sayona Mining
 1.1xn/aUS$140.05m
No more companies

Price-To-Sales vs Industry: SYA is good value based on its Price-To-Sales Ratio (1.1x) compared to the Australian Metals and Mining industry average (57.1x).

Price to Sales Ratio vs Fair Ratio

What is SYA'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.

SYA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.1x
Fair PS Ratio7.4x

Price-To-Sales vs Fair Ratio: SYA is good value based on its Price-To-Sales Ratio (1.1x) compared to the estimated Fair Price-To-Sales Ratio (7.4x).

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 SYA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$0.019
AU$0.043
+123.7%
5.9%AU$0.045AU$0.04n/a2
Apr ’26AU$0.017
AU$0.043
+150.0%
5.9%AU$0.045AU$0.04n/a2
Dec ’25AU$0.032
AU$0.08
+150.0%
50.0%AU$0.12AU$0.04n/a2
Nov ’25AU$0.034
AU$0.062
+81.4%
67.6%AU$0.12AU$0.025n/a3
Oct ’25AU$0.033
AU$0.075
+127.3%
72.0%AU$0.15AU$0.025n/a3
Sep ’25AU$0.027
AU$0.077
+184.0%
68.5%AU$0.15AU$0.03n/a3
Aug ’25AU$0.031
AU$0.08
+158.1%
62.1%AU$0.15AU$0.04n/a3
Jul ’25AU$0.034
AU$0.083
+145.1%
57.4%AU$0.15AU$0.04n/a3
Jun ’25AU$0.045
AU$0.083
+85.2%
57.4%AU$0.15AU$0.04n/a3
May ’25AU$0.032
AU$0.083
+160.4%
57.4%AU$0.15AU$0.04n/a3
Apr ’25AU$0.039
AU$0.083
+113.7%
57.4%AU$0.15AU$0.04AU$0.0173
Mar ’25AU$0.045
AU$0.083
+85.2%
57.4%AU$0.15AU$0.04AU$0.0193
Feb ’25AU$0.038
AU$0.10
+163.2%
71.2%AU$0.20AU$0.04AU$0.0233
Jan ’25AU$0.071
AU$0.17
+139.4%
33.6%AU$0.22AU$0.09AU$0.0273
Dec ’24AU$0.062
AU$0.20
+217.2%
10.4%AU$0.22AU$0.17AU$0.0323
Nov ’24AU$0.072
AU$0.20
+173.2%
10.4%AU$0.22AU$0.17AU$0.0343
Oct ’24AU$0.093
AU$0.23
+147.3%
12.3%AU$0.25AU$0.19AU$0.0333
Sep ’24AU$0.12
AU$0.25
+117.4%
16.3%AU$0.30AU$0.20AU$0.0273
Aug ’24AU$0.15
AU$0.27
+74.2%
11.1%AU$0.30AU$0.24AU$0.0312
Jul ’24AU$0.17
AU$0.28
+57.1%
12.7%AU$0.31AU$0.24AU$0.0342
Jun ’24AU$0.18
AU$0.28
+55.6%
10.7%AU$0.31AU$0.25AU$0.0452
Apr ’24AU$0.20
AU$0.29
+41.5%
3.4%AU$0.30AU$0.28AU$0.0392
AnalystConsensusTarget
Consensus Narrative from 2 Analysts
AU$0.043
Fair Value
55.3% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/24 04:24
End of Day Share Price 2025/04/24 00:00
Earnings2024/12/31
Annual Earnings2024/06/30

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

Sayona Mining Limited is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Reg SpencerCanaccord Genuity
Hayden BairstowMacquarie Research
Austin YunMacquarie Research