AuMEGA Metals Ltd

CHIA:AAM Stock Report

Market Cap: AU$25.6m

AuMEGA Metals Valuation

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

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

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

Key Valuation Metric

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

Key metric: As AAM 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 AAM. This is calculated by dividing AAM's market cap by their current book value.
What is AAM's PB Ratio?
PB Ratio0.5x
BookCA$43.69m
Market CapCA$23.47m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for AAM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average3.2x
SUH Southern Hemisphere Mining
6.2xn/aAU$25.0m
MTM MTM Critical Metals
1.3xn/aAU$24.0m
CAE Cannindah Resources
1.8xn/aAU$26.6m
AMD Arrow Minerals
3.5xn/aAU$19.5m
AAM AuMEGA Metals
0.5xn/aAU$25.6m

Price-To-Book vs Peers: AAM is good value based on its Price-To-Book Ratio (0.5x) compared to the peer average (3.2x).

Price to Book Ratio vs Industry

How does AAM'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$15.59m
CTO Citigold
0.2xn/aUS$7.80m
AAM 0.5xIndustry Avg. 1.1xNo. of Companies88PB00.81.62.43.24+
15 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: AAM is good value based on its Price-To-Book Ratio (0.5x) compared to the Australian Metals and Mining industry average (1.1x).

Price to Book Ratio vs Fair Ratio

What is AAM'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.

AAM PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.5x
Fair PB Ration/a

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

Discover undervalued companies

Incitec Pivot

AU$6.0b

Manufactures and distributes industrial explosives, industrial chemicals, and fertilizers in Australia and the United State.

IPL

AU$3.19

7D

1.3%

1Y

11.7%

Aurelia Metals

AU$304.5m

Engages in the exploration and production of mineral properties in Australia.

AMI

AU$0.17

7D

0%

1Y

66.7%

Nufarm

AU$1.5b

Develops, manufactures, and sells crop protection solutions and seed technologies in Europe, the Middle East, Africa, North America, and the Asia Pacific.

NUF

AU$3.95

7D

-5.0%

1Y

-14.9%