Zenith Minerals Valuation

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for ZNC. This is calculated by dividing ZNC's market cap by their current revenue.
What is ZNC's PS Ratio?
PS Ratio	24.6x
Sales	AU$668.32k
Market Cap	AU$16.41m

ZNC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	20.3x
Enterprise Value/EBITDA	-229.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for ZNC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	18.9x
AMD Arrow Minerals	29.9x	n/a	AU$26.0m
WSI WestStar Industrial	0.06x	n/a	AU$13.0m
WAK WA Kaolin	12x	n/a	AU$30.9m
SUM Summit Minerals	33.5x	n/a	AU$14.0m
ZNC Zenith Minerals	24.6x	-27.3%	AU$16.4m

Price-To-Sales vs Peers: ZNC is expensive based on its Price-To-Sales Ratio (24.6x) compared to the peer average (18.9x).

Price to Sales Ratio vs Industry

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

123 Companies	Price / Sales	Estimated Growth	Market Cap
BHP BHP Group	2.3x	-4.1%	US$131.63b
FMG Fortescue	2x	-5.6%	US$36.31b
NCM Newcrest Mining	3x	5.2%	US$13.37b
NST Northern Star Resources	4.1x	8.5%	US$13.15b

123 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: ZNC is good value based on its Price-To-Sales Ratio (24.6x) compared to the Australian Metals and Mining industry average (61.9x).

Price to Sales Ratio vs Fair Ratio

What is ZNC'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.

ZNC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	24.6x
Fair PS Ratio	2.1x

Price-To-Sales vs Fair Ratio: ZNC is expensive based on its Price-To-Sales Ratio (24.6x) compared to the estimated Fair Price-To-Sales Ratio (2.1x).

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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