St Barbara Limited

CHIA:SBM Stock Report

Market Cap: AU$181.1m

St Barbara Valuation

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for SBM. This is calculated by dividing SBM's market cap by their current revenue.
What is SBM's PS Ratio?
PS Ratio0.8x
SalesAU$223.60m
Market CapAU$181.13m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for SBM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.8x
TBR Tribune Resources
2.1xn/aAU$224.6m
DCN Dacian Gold
2.8xn/aAU$346.8m
ALK Alkane Resources
1.8x20.8%AU$305.6m
X64 Ten Sixty Four
0.6xn/aAU$129.9m
SBM St Barbara
0.8x12.1%AU$181.1m

Price-To-Sales vs Peers: SBM is good value based on its Price-To-Sales Ratio (0.8x) compared to the peer average (1.9x).

Price to Sales Ratio vs Industry

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

125 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.60.1x3.2%
SBM St Barbara
 0.8x12.1%US$113.03m
BHP BHP Group
2.2x-3.1%US$125.61b
FMG Fortescue
1.9x-5.5%US$35.28b
SBM 0.8xIndustry Avg. 60.1xNo. of Companies124PS020406080100+
125 CompaniesEstimated GrowthMarket Cap
Industry Avg.60.1x10.5%
SBM St Barbara
 0.8x68.1%US$113.03m
No more companies

Price-To-Sales vs Industry: SBM is good value based on its Price-To-Sales Ratio (0.8x) compared to the Australian Metals and Mining industry average (60.1x).

Price to Sales Ratio vs Fair Ratio

What is SBM'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.

SBM PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.8x
Fair PS Ratio0.4x

Price-To-Sales vs Fair Ratio: SBM is expensive based on its Price-To-Sales Ratio (0.8x) compared to the estimated Fair Price-To-Sales Ratio (0.4x).

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 SBM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$0.20
AU$0.46
+130.0%
18.8%AU$0.54AU$0.34n/a3
Dec ’25AU$0.34
AU$0.43
+24.6%
14.9%AU$0.49AU$0.34n/a3
Nov ’25AU$0.46
AU$0.44
-3.6%
16.5%AU$0.50AU$0.34n/a3
Oct ’25AU$0.34
AU$0.25
-26.3%
40.6%AU$0.35AU$0.09n/a4
Sep ’25AU$0.25
AU$0.23
-9.0%
36.2%AU$0.30AU$0.09n/a4
Aug ’25AU$0.22
AU$0.23
+3.4%
36.2%AU$0.30AU$0.09n/a4
Jul ’25AU$0.20
AU$0.22
+8.5%
36.8%AU$0.30AU$0.09n/a4
Jun ’25AU$0.24
AU$0.23
-6.2%
35.6%AU$0.30AU$0.09n/a4
May ’25AU$0.26
AU$0.21
-18.4%
33.2%AU$0.26AU$0.09n/a4
Apr ’25AU$0.17
AU$0.18
+1.4%
32.7%AU$0.25AU$0.09n/a4
Mar ’25AU$0.14
AU$0.21
+42.5%
16.0%AU$0.25AU$0.17n/a3
Feb ’25AU$0.17
AU$0.21
+27.4%
12.3%AU$0.25AU$0.19n/a3
Jan ’25AU$0.21
AU$0.22
+3.2%
10.9%AU$0.25AU$0.20n/a3
Dec ’24AU$0.20
AU$0.22
+5.7%
10.9%AU$0.25AU$0.20AU$0.343
Nov ’24AU$0.17
AU$0.22
+23.8%
10.9%AU$0.25AU$0.20AU$0.463
Oct ’24AU$0.18
AU$0.36
+104.7%
22.7%AU$0.48AU$0.30AU$0.343
Sep ’24AU$0.19
AU$0.36
+85.3%
24.5%AU$0.48AU$0.29AU$0.253
Aug ’24AU$0.24
AU$0.39
+59.5%
17.2%AU$0.48AU$0.33AU$0.223
Jul ’24AU$0.48
AU$0.62
+28.8%
17.9%AU$0.76AU$0.48AU$0.205
Jun ’24AU$0.55
AU$0.62
+12.4%
17.9%AU$0.76AU$0.48AU$0.245
May ’24AU$0.60
AU$0.66
+9.0%
20.2%AU$0.85AU$0.48AU$0.266
Apr ’24AU$0.68
AU$0.77
+13.2%
25.2%AU$1.05AU$0.50AU$0.176
Mar ’24AU$0.57
AU$0.77
+35.1%
25.2%AU$1.05AU$0.50AU$0.146
Feb ’24AU$0.71
AU$0.96
+34.3%
40.4%AU$1.80AU$0.50AU$0.177
Jan ’24AU$0.78
AU$0.95
+22.0%
40.6%AU$1.80AU$0.50AU$0.218
Dec ’23AU$0.63
AU$0.84
+32.7%
46.8%AU$1.80AU$0.50AU$0.208

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 20:41
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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 here.

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 .

Analyst Sources

St Barbara Limited is covered by 20 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightBarclay Pearce Capital Pty Limited
Stephen ThomasBell Potter
Reg SpencerCanaccord Genuity