Ten Sixty Four Limited

ASX:X64 Stock Report

Market Cap: AU$129.9m

Ten Sixty Four Valuation

Is X64 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of X64 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: X64 (A$0.57) is trading below our estimate of fair value (A$1.64)

Significantly Below Fair Value: X64 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for X64?

Key metric: As X64 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for X64. This is calculated by dividing X64's market cap by their current earnings.
What is X64's PE Ratio?
PE Ratio30.6x
EarningsUS$2.82m
Market CapUS$86.38m

Price to Earnings Ratio vs Peers

How does X64's PE Ratio compare to its peers?

The above table shows the PE ratio for X64 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.5x
RND Rand Mining
16.2xn/aAU$108.1m
BCN Beacon Minerals
9xn/aAU$82.6m
ALK Alkane Resources
17.1x36.3%AU$302.5m
TBR Tribune Resources
59.7xn/aAU$258.7m
X64 Ten Sixty Four
30.6xn/aAU$129.9m

Price-To-Earnings vs Peers: X64 is expensive based on its Price-To-Earnings Ratio (30.6x) compared to the peer average (13.5x).

Price to Earnings Ratio vs Industry

How does X64's PE Ratio compare vs other companies in the AU Metals and Mining Industry?

9 CompaniesPrice / EarningsEstimated GrowthMarket Cap
KCN Kingsgate Consolidated
1.7x-13.3%US$225.14m
GRR Grange Resources
2.6xn/aUS$181.06m
RHI Red Hill Minerals
1.8xn/aUS$179.75m
PTN Patronus Resources
2.4xn/aUS$68.31m
X64 30.6xIndustry Avg. 12.1xNo. of Companies13PE01224364860+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: X64 is expensive based on its Price-To-Earnings Ratio (30.6x) compared to the Australian Metals and Mining industry average (13.6x).

Price to Earnings Ratio vs Fair Ratio

What is X64's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

X64 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio30.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate X64's Price-To-Earnings 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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