Gateway Mining Limited

CHIA:GML Stock Report

Market Cap: AU$9.1m

Gateway Mining Valuation

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

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

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

Key Valuation Metric

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

Key metric: As GML 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 GML. This is calculated by dividing GML's market cap by their current book value.
What is GML's PB Ratio?
PB Ratio0.3x
BookAU$26.24m
Market CapAU$9.10m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for GML vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.8x
GMN Gold Mountain
0.4xn/aAU$6.8m
DGR DGR Global
0.4xn/aAU$12.5m
BCM Brazilian Critical Minerals
5.9xn/aAU$9.8m
ASR Asra Minerals
0.4xn/aAU$6.7m
GML Gateway Mining
0.3xn/aAU$9.1m

Price-To-Book vs Peers: GML is expensive based on its Price-To-Book Ratio (0.3x) compared to the peer average (-5.3x).

Price to Book Ratio vs Industry

How does GML'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$32.33m
JRV Jervois Global
0.1xn/aUS$19.33m
ADN Andromeda Metals
0.2x25.5%US$15.44m
CTO Citigold
0.1xn/aUS$7.80m
GML 0.3xIndustry Avg. 1.1xNo. of Companies93PB00.81.62.43.24+
16 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: GML is good value based on its Price-To-Book Ratio (0.3x) compared to the Australian Metals and Mining industry average (1.1x).

Price to Book Ratio vs Fair Ratio

What is GML'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.

GML PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.3x
Fair PB Ration/a

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