Vanadium Resources Limited

CHIA:VR8 Stock Report

Market Cap: AU$14.6m

Vanadium Resources Valuation

Is VR8 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-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 VR8 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate VR8's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate VR8's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for VR8?

Key metric: As VR8 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 VR8. This is calculated by dividing VR8's market cap by their current book value.
What is VR8's PB Ratio?
PB Ratio0.5x
BookAU$29.83m
Market CapAU$14.63m

Price to Book Ratio vs Peers

How does VR8's PB Ratio compare to its peers?

The above table shows the PB ratio for VR8 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average0.9x
LPM Lithium Plus Minerals
0.6xn/aAU$13.9m
EG1 Evergreen Lithium
0.9xn/aAU$14.7m
GTE Great Western Exploration
1.1xn/aAU$13.1m
POD Podium Minerals
0.9xn/aAU$18.8m
VR8 Vanadium Resources
0.5xn/aAU$14.6m

Price-To-Book vs Peers: VR8 is good value based on its Price-To-Book Ratio (0.5x) compared to the peer average (0.8x).

Price to Book Ratio vs Industry

How does VR8'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$32.90m
JRV Jervois Global
0.1xn/aUS$21.08m
ADN Andromeda Metals
0.2x25.5%US$15.59m
CTO Citigold
0.1xn/aUS$7.78m
VR8 0.5xIndustry Avg. 1.1xNo. of Companies93PB00.81.62.43.24+
16 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: VR8 is good value based on its Price-To-Book Ratio (0.5x) compared to the Australian Metals and Mining industry average (1.1x).

Price to Book Ratio vs Fair Ratio

What is VR8'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.

VR8 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.5x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate VR8'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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