Tribune Resources Limited

CHIA:TBR Stock Report

Market Cap: AU$249.2m

Tribune Resources Valuation

Is TBR 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-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: TBR (A$4.6) is trading below our estimate of fair value (A$20.85)

Significantly Below Fair Value: TBR is trading below fair value by more than 20%.

Key Valuation Metric

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

Key metric: As TBR is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TBR. This is calculated by dividing TBR's market cap by their current earnings.
What is TBR's PE Ratio?
PE Ratio57.5x
EarningsAU$4.33m
Market CapAU$249.22m

Price to Earnings Ratio vs Peers

How does TBR's PE Ratio compare to its peers?

The above table shows the PE ratio for TBR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average26.4x
ALK Alkane Resources
16.3x36.3%AU$287.4m
RND Rand Mining
13.5xn/aAU$89.9m
X64 Ten Sixty Four
30.6xn/aAU$129.9m
RSG Resolute Mining
45.3x42.3%AU$883.6m
TBR Tribune Resources
57.5xn/aAU$249.2m

Price-To-Earnings vs Peers: TBR is expensive based on its Price-To-Earnings Ratio (57.5x) compared to the peer average (25x).

Price to Earnings Ratio vs Industry

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

9 CompaniesPrice / EarningsEstimated GrowthMarket Cap
KCN Kingsgate Consolidated
1.8x-13.3%US$236.15m
GRR Grange Resources
2.8xn/aUS$191.76m
RHI Red Hill Minerals
1.7xn/aUS$170.84m
PTN Patronus Resources
2.3xn/aUS$64.90m
TBR 57.5xIndustry Avg. 11.7xNo. of Companies12PE01224364860+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TBR is expensive based on its Price-To-Earnings Ratio (57.5x) compared to the Australian Metals and Mining industry average (11.7x).

Price to Earnings Ratio vs Fair Ratio

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

TBR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio57.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TBR's Price-To-Earnings 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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