Mt Malcolm Mines NL

CHIA:M2M Stock Report

Market Cap: AU$6.3m

Mt Malcolm Mines Valuation

Is M2M 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 M2M when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate M2M's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate M2M's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for M2M?

Key metric: As M2M barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for M2M. This is calculated by dividing M2M's market cap by their current book value.
What is M2M's PB Ratio?
PB Ratio0.8x
BookAU$8.14m
Market CapAU$6.30m

Price to Book Ratio vs Peers

How does M2M's PB Ratio compare to its peers?

The above table shows the PB ratio for M2M vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average2.3x
OZM OzAurum Resources
1.8xn/aAU$5.1m
FG1 Flynn Gold
3.1xn/aAU$7.6m
WGR Western Gold Resources
3.7xn/aAU$4.9m
RR1 Reach Resources
0.5xn/aAU$7.0m
M2M Mt Malcolm Mines
0.8xn/aAU$6.3m

Price-To-Book vs Peers: M2M is good value based on its Price-To-Book Ratio (0.8x) compared to the peer average (2.3x).

Price to Book Ratio vs Industry

How does M2M'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$15.43m
CTO Citigold
0.1xn/aUS$7.80m
M2M 0.8xIndustry Avg. 1.1xNo. of Companies92PB00.81.62.43.24+
16 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: M2M is good value based on its Price-To-Book Ratio (0.8x) compared to the Australian Metals and Mining industry average (1.1x).

Price to Book Ratio vs Fair Ratio

What is M2M'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.

M2M PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.8x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate M2M'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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