Mount Ridley Mines Valuation

Is MRD 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-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MRD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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

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

Key Valuation Metric

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

Key metric: As MRD is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for MRD. This is calculated by dividing MRD's market cap by their current revenue.
What is MRD's PS Ratio?
PS Ratio	7.2x
Sales	AU$1.09m
Market Cap	AU$7.78m

MRD key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	5.5x
Enterprise Value/EBITDA	-3.2x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does MRD's PS Ratio compare to its peers?

The above table shows the PS ratio for MRD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	9.5x
THB Thunderbird Resources	15.3x	n/a	AU$5.8m
NIM Nimy Resources	5.2x	n/a	AU$7.6m
DAL Dalaroo Metals	5.1x	n/a	AU$5.7m
SRN Surefire Resources	12.2x	n/a	AU$7.9m
MRD Mount Ridley Mines	7.2x	n/a	AU$7.8m

Price-To-Sales vs Peers: MRD is good value based on its Price-To-Sales Ratio (7.2x) compared to the peer average (12.9x).

Price to Sales Ratio vs Industry

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

120 Companies	Price / Sales	Estimated Growth	Market Cap
BHP BHP Group	2.3x	-3.2%	US$131.27b
FMG Fortescue	2x	-5.6%	US$36.55b
NCM Newcrest Mining	3x	5.2%	US$13.37b
NST Northern Star Resources	4x	8.5%	US$12.81b

120 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: MRD is good value based on its Price-To-Sales Ratio (7.2x) compared to the Australian Metals and Mining industry average (58.6x).

Price to Sales Ratio vs Fair Ratio

What is MRD's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MRD PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	7.2x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate MRD's Price-To-Sales 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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