Metallium Limited

CHIA:MTM Stock Report

Market Cap: AU$618.4m

Metallium Valuation

Is MTM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

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Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: MTM (A$0.96) is trading below our estimate of future cash flow value (A$17.65)

Significantly Below Future Cash Flow Value: MTM is trading below future cash flow value by more than 20%.

Key Valuation Metric

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

Key metric: As MTM 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 MTM. This is calculated by dividing MTM's market cap by their current book value.
What is MTM's PB Ratio?
PB Ratio24x
BookAU$25.72m
Market CapAU$618.44m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for MTM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average20.9x
MEI Meteoric Resources
78.4x42.03%AU$660.9m
JMS Jupiter Mines
1xn/aAU$560.3m
INR ioneer
1.8x-43.66%AU$615.2m
WC8 Wildcat Resources
2.5x-10.61%AU$623.2m
MTM Metallium
24x90.17%AU$618.4m

Price-To-Book vs Peers: MTM is expensive based on its Price-To-Book Ratio (24x) compared to the peer average (20.9x).

Historical Price to Book Ratio

Historical Price to Book Ratio compares a stock's price to the book value of it's equity over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Book Ratio vs Industry

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

41 CompaniesPrice / BookEstimated GrowthMarket Cap
GRR Grange Resources
0.3xn/aUS$206.20m
OMH OM Holdings
0.4x101.00%US$172.84m
X64 Ten Sixty Four
0.4xn/aUS$86.38m
WMC Wiluna Mining
0.3xn/aUS$46.24m
MTM 24.0xIndustry Avg. 2.8xNo. of Companies107PB0246810+
41 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: MTM is expensive based on its Price-To-Book Ratio (24x) compared to the Australian Metals and Mining industry average (2.8x).

Price to Book Ratio vs Fair Ratio

What is MTM'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.

MTM PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio24x
Fair PB Ration/a

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

The above table shows the analyst MTM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$0.96
AU$1.55
+61.46%
3.23%AU$1.60AU$1.50n/a2
Jan ’27AU$1.06
AU$1.55
+46.92%
3.23%AU$1.60AU$1.50n/a2
Dec ’26AU$1.04
AU$1.55
+49.76%
3.23%AU$1.60AU$1.50n/a2
AU$1.55
Fair Value
38.1% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/23 09:54
End of Day Share Price 2026/01/23 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Metallium Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Reg SpencerCanaccord Genuity