Ten Sixty Four Valuation

Is X64 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 X64 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: X64 (A$0.57) is trading below our estimate of fair value (A$1.64)

Significantly Below Fair Value: X64 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for X64?

Key metric: As X64 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for X64. This is calculated by dividing X64's market cap by their current earnings.
What is X64's PE Ratio?
PE Ratio	30.6x
Earnings	US$2.82m
Market Cap	US$86.38m

X64 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	0.3x
Enterprise Value/EBITDA	0.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does X64's PE Ratio compare to its peers?

The above table shows the PE ratio for X64 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	25.5x
RND Rand Mining	16.2x	n/a	AU$108.1m
BCN Beacon Minerals	9x	n/a	AU$82.6m
ALK Alkane Resources	17.1x	36.3%	AU$302.5m
TBR Tribune Resources	59.7x	n/a	AU$258.7m
X64 Ten Sixty Four	30.6x	n/a	AU$129.9m

Price-To-Earnings vs Peers: X64 is expensive based on its Price-To-Earnings Ratio (30.6x) compared to the peer average (13.5x).

Price to Earnings Ratio vs Industry

How does X64's PE Ratio compare vs other companies in the AU Metals and Mining Industry?

9 Companies	Price / Earnings	Estimated Growth	Market Cap
KCN Kingsgate Consolidated	1.7x	-13.3%	US$225.14m
GRR Grange Resources	2.6x	n/a	US$181.06m
RHI Red Hill Minerals	1.8x	n/a	US$179.75m
PTN Patronus Resources	2.4x	n/a	US$68.31m

9 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: X64 is expensive based on its Price-To-Earnings Ratio (30.6x) compared to the Australian Metals and Mining industry average (11x).

Price to Earnings Ratio vs Fair Ratio

What is X64'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.

X64 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	30.6x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate X64'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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