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Karora Resources Valuation

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

Discounted Cash Flow
Simply Wall St
CA$55.46
Fair Value
87.9% undervalued intrinsic discount
2
Number of Analysts

Below Fair Value: KRR (CA$6.7) is trading below our estimate of fair value (CA$55.46)

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for KRR. This is calculated by dividing KRR's market cap by their current earnings.
What is KRR's PE Ratio?
PE Ratio86.5x
EarningsCA$14.00m
Market CapCA$1.21b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for KRR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32.4x
CXB Calibre Mining
43.9x29.0%CA$1.9b
OSK Osisko Mining
n/a-43.6%CA$1.9b
ARIS Aris Mining
n/a116.3%CA$900.6m
KNT K92 Mining
20.9x27.2%CA$2.3b
KRR Karora Resources
86.5xn/aCA$1.2b

Price-To-Earnings vs Peers: KRR is expensive based on its Price-To-Earnings Ratio (86.5x) compared to the peer average (26.2x).


Price to Earnings Ratio vs Industry

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

44 CompaniesPrice / EarningsEstimated GrowthMarket Cap
IMG IAMGOLD
4.4x2.3%US$3.10b
SLI Standard Lithium
2.7xn/aUS$308.24m
DRX ADF Group
4.5x-5.9%US$175.73m
THX Thor Explorations
3.1x2.4%US$152.15m
KRR 86.5xIndustry Avg. 13.6xNo. of Companies44PE020406080100+
44 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KRR is expensive based on its Price-To-Earnings Ratio (86.5x) compared to the Canadian Metals and Mining industry average (14.6x).


Price to Earnings Ratio vs Fair Ratio

What is KRR'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.

KRR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio86.5x
Fair PE Ration/a

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

The above table shows the analyst KRR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
CA$6.20
0%
4.8%CA$6.50CA$5.90n/a2
Jan ’26n/a
CA$6.20
0%
4.8%CA$6.50CA$5.90n/a2
Dec ’25n/a
CA$6.20
0%
4.8%CA$6.50CA$5.90n/a2
Nov ’25n/a
CA$6.20
0%
4.8%CA$6.50CA$5.90n/a2
Oct ’25n/a
CA$6.20
0%
4.8%CA$6.50CA$5.90n/a2
Sep ’25n/a
CA$6.20
0%
4.8%CA$6.50CA$5.90n/a2
Aug ’25CA$6.54
CA$6.03
-7.7%
3.1%CA$6.30CA$5.90n/a3
Jul ’25CA$5.96
CA$6.37
+6.9%
13.4%CA$8.25CA$5.90n/a6
Jun ’25CA$5.53
CA$6.32
+14.2%
14.0%CA$8.25CA$5.65n/a6
May ’25CA$5.34
CA$6.55
+22.6%
13.1%CA$8.25CA$5.90n/a6
Apr ’25CA$5.08
CA$7.01
+37.9%
5.8%CA$7.75CA$6.50n/a7
Mar ’25CA$4.38
CA$6.97
+59.1%
6.3%CA$7.75CA$6.50n/a8
Feb ’25CA$4.30
CA$6.81
+58.4%
10.5%CA$7.75CA$5.25n/a8
Jan ’25CA$4.87
CA$6.69
+37.3%
9.3%CA$7.50CA$5.25n/a8
Dec ’24CA$5.02
CA$6.59
+31.3%
9.5%CA$7.50CA$5.25n/a8
Nov ’24CA$4.12
CA$6.58
+59.7%
10.1%CA$7.50CA$5.20n/a8
Oct ’24CA$3.83
CA$6.55
+71.0%
9.7%CA$7.50CA$5.20n/a8
Sep ’24CA$4.65
CA$6.55
+40.9%
9.7%CA$7.50CA$5.20n/a8
Aug ’24CA$4.38
CA$6.52
+48.9%
10.2%CA$7.50CA$5.20CA$6.547
Jul ’24CA$4.05
CA$6.66
+64.6%
11.2%CA$7.50CA$5.20CA$5.967
Jun ’24CA$4.55
CA$6.66
+46.5%
11.2%CA$7.50CA$5.20CA$5.537
May ’24CA$4.71
CA$6.59
+40.0%
10.4%CA$7.50CA$5.20CA$5.347
Apr ’24CA$4.54
CA$6.34
+39.7%
11.7%CA$7.50CA$5.20CA$5.087
Mar ’24CA$4.53
CA$6.53
+44.0%
13.2%CA$8.00CA$5.20CA$4.388
Feb ’24CA$5.32
CA$6.50
+22.2%
14.9%CA$8.00CA$4.50CA$4.308
Jan ’24CA$4.65
CA$6.01
+29.3%
14.3%CA$7.50CA$4.50CA$4.879
Analyst Price Target
Consensus Narrative from 2 Analysts
CA$6.20
Fair Value
8.1% overvalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/08/05 10:32
End of Day Share Price 2024/08/05 00:00
Earnings2024/03/31
Annual Earnings2023/12/31

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

Karora Resources Inc. is covered by 11 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
Michael BandrowskiBeacon Securities Limited
Carey MacRuryCanaccord Genuity
null nullCantor Fitzgerald Canada Corporation