DeSoto Resources Limited

CHIA:DES Stock Report

Market Cap: AU$8.7m

DeSoto Resources Valuation

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

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

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

Key Valuation Metric

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

Key metric: As DES 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 DES. This is calculated by dividing DES's market cap by their current book value.
What is DES's PB Ratio?
PB Ratio1x
BookAU$9.04m
Market CapAU$8.70m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for DES vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.1x
REE RareX
1.9xn/aAU$8.7m
CUF CuFe
1.6xn/aAU$8.7m
NWM Norwest Minerals
0.4xn/aAU$8.7m
MRR MinRex Resources
0.6xn/aAU$8.7m
DES DeSoto Resources
1xn/aAU$8.7m

Price-To-Book vs Peers: DES is good value based on its Price-To-Book Ratio (1x) compared to the peer average (1.1x).

Price to Book Ratio vs Industry

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

16 CompaniesPrice / BookEstimated GrowthMarket Cap
HAS Hastings Technology Metals
0.2x12.6%US$32.32m
JRV Jervois Global
0.1xn/aUS$19.32m
ADN Andromeda Metals
0.2x25.5%US$15.59m
CTO Citigold
0.1xn/aUS$7.80m
DES 1.0xIndustry Avg. 1.1xNo. of Companies92PB00.81.62.43.24+
16 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: DES is good value based on its Price-To-Book Ratio (1x) compared to the Australian Metals and Mining industry average (1.1x).

Price to Book Ratio vs Fair Ratio

What is DES'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.

DES PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1x
Fair PB Ration/a

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