Boab Metals Limited

CHIA:BML Stock Report

Market Cap: AU$32.7m

Boab Metals Valuation

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

Below Fair Value: BML (A$0.14) is trading below our estimate of fair value (A$13.89)

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

Key Valuation Metric

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

Key metric: As BML barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for BML. This is calculated by dividing BML's market cap by their current book value.
What is BML's PB Ratio?
PB Ratio2.7x
BookAU$12.09m
Market CapAU$32.68m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for BML vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average2.2x
MRC Mineral Commodities
0.4xn/aAU$25.6m
RTR Rumble Resources
0.6x92.8%AU$34.4m
RDM Red Metal
5.9xn/aAU$37.8m
AEV Avenira
1.9xn/aAU$29.7m
BML Boab Metals
2.7x52.5%AU$32.7m

Price-To-Book vs Peers: BML is expensive based on its Price-To-Book Ratio (2.7x) compared to the peer average (2.2x).

Price to Book Ratio vs Industry

How does BML'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$32.81m
JRV Jervois Global
0.1xn/aUS$17.47m
ADN Andromeda Metals
0.2x25.5%US$15.50m
CTO Citigold
0.1xn/aUS$9.69m
BML 2.7xIndustry Avg. 1.1xNo. of Companies94PB00.81.62.43.24+
17 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: BML is expensive based on its Price-To-Book Ratio (2.7x) compared to the Australian Metals and Mining industry average (1.1x).

Price to Book Ratio vs Fair Ratio

What is BML'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.

BML PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio2.7x
Fair PB Ration/a

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