Middle Island Resources Limited

CHIA:MDI Stock Report

Market Cap: AU$4.4m

Middle Island Resources Valuation

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Book ratio for MDI. This is calculated by dividing MDI's market cap by their current book value.
What is MDI's PB Ratio?
PB Ratio1.1x
BookAU$3.97m
Market CapAU$4.37m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for MDI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average0.7x
RGL Riversgold
0.6xn/aAU$4.6m
PRX Prodigy Gold
0.8xn/aAU$4.2m
A8G Australasian Metals
0.6xn/aAU$4.1m
GCR Golden Cross Resources
0.7xn/aAU$3.3m
MDI Middle Island Resources
1.1xn/aAU$4.4m

Price-To-Book vs Peers: MDI is expensive based on its Price-To-Book Ratio (1.1x) compared to the peer average (0.7x).

Price to Book Ratio vs Industry

How does MDI'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$32.13m
JRV Jervois Global
0.1xn/aUS$17.47m
ADN Andromeda Metals
0.2x25.5%US$15.50m
LPD Lepidico
0.2x96.5%US$11.10m
MDI 1.1xIndustry Avg. 1.1xNo. of Companies92PB00.81.62.43.24+
16 CompaniesEstimated GrowthMarket Cap
No more companies

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

Price to Book Ratio vs Fair Ratio

What is MDI'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.

MDI PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1.1x
Fair PB Ration/a

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