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

JMI is good value based on its Price-To-Book Ratio (1.8x) compared to the peer average (2x).

How does JMI's PB Ratio compare vs other companies in the European Oil and Gas Industry?

JMI is expensive based on its Price-To-Book Ratio (1.8x) compared to the European Oil and Gas industry average (0.9x).

What is JMI'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.

Insufficient data to calculate JMI's Price-To-Book Fair Ratio for valuation analysis.

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

JMI (€0.68) is trading below our estimate of [[fair value]] (€2.61)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

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

JMI Stock Overview

Operates as a uranium exploration company in Namibia and Australia. More details

JMI fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	5/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 74% below our estimate of its fair value

Earnings are forecast to grow 25.48% per year

Risk Analysis

Makes less than USD$1m in revenue (A$16K)

Shareholders have been diluted in the past year

Volatile share price over the past 3 months compared to the German market

My Notes

Capture your thoughts, links and company narrative

Deep Yellow Limited Competitors

EnviTec Biogas

XTRA:ETG

€447.0m

Verbio

XTRA:VBK

€654.2m

Friedrich Vorwerk Group

XTRA:VH2

€547.0m

CropEnergies

HMSE:CE2

€1.2b

Price History & Performance

Summary of share price highs, lows and changes for Deep Yellow
Historical stock prices
Current Share Price	AU$0.68
52 Week High	AU$1.12
52 Week Low	AU$0.53
Beta	0.36
1 Month Change	-8.11%
3 Month Change	-21.48%
1 Year Change	-1.81%
3 Year Change	17.24%
5 Year Change	314.63%
Change since IPO	-59.52%

Recent updates

Shareholder Returns

	JMI	DE Oil and Gas	DE Market
7D	8.6%	0.5%	-0.2%
1Y	-1.8%	-38.4%	7.0%

Return vs Industry: JMI exceeded the German Oil and Gas industry which returned -38.4% over the past year.

Return vs Market: JMI underperformed the German Market which returned 7% over the past year.

Price Volatility

Is JMI's price volatile compared to industry and market?
JMI volatility
JMI Average Weekly Movement	7.0%
Oil and Gas Industry Average Movement	5.6%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.7%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: JMI's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: JMI's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
1985	n/a	John Borshoff	deepyellow.com.au

Deep Yellow Limited, together with its subsidiaries, operates as a uranium exploration company in Namibia and Australia. Its flagship property is the 100% owned Tumas Project located in Namibia. The company is also involved in the iron ore exploration and property investment businesses.

Deep Yellow Limited Fundamentals Summary

How do Deep Yellow's earnings and revenue compare to its market cap?
JMI fundamental statistics
Market cap	€646.27m
Earnings (TTM)	-€6.34m
Revenue (TTM)	€9.51k

Over9,999x

P/S Ratio

-103.8x

P/E Ratio

Is JMI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
JMI income statement (TTM)
Revenue	AU$15.95k
Cost of Revenue	AU$0
Gross Profit	AU$15.95k
Other Expenses	AU$10.65m
Earnings	-AU$10.64m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.011
Gross Margin	100.00%
Net Profit Margin	-66,685.50%
Debt/Equity Ratio	0%

How did JMI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 13:45
End of Day Share Price	2024/12/23 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Deep Yellow Limited is covered by 9 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.

Analyst	Institution
Regan Burrows	Bell Potter
James Bullen	Canaccord Genuity
Ray Chantry	EL&C Baillieu

JMI Stock Overview

Rewards

Risk Analysis

Deep Yellow Limited Competitors

XTRA:ETG

€447.0m

XTRA:VBK

€654.2m

XTRA:VH2

€547.0m

HMSE:CE2

€1.2b

Price History & Performance

Recent News & Updates

Deep Yellow Limited Announces Updated Ore Reserve Upgrades Tumas Project

Deep Yellow Limited Appoints Jim Morgan as Head of Project Delivery

Full year 2024 earnings released: AU$0.013 loss per share (vs AU$0.014 loss in FY 2023)

Deep Yellow Limited, Annual General Meeting, Nov 15, 2024

Deep Yellow Limited Announces an Updated Mineral Resource Estimate for the Tumas 1, 1 East, 2 and 3 Deposits Located in the Erongo Region of Namibia

New major risk - Share price stability

Recent updates

Deep Yellow Limited Announces Updated Ore Reserve Upgrades Tumas Project

Deep Yellow Limited Appoints Jim Morgan as Head of Project Delivery

Full year 2024 earnings released: AU$0.013 loss per share (vs AU$0.014 loss in FY 2023)

Deep Yellow Limited, Annual General Meeting, Nov 15, 2024

Deep Yellow Limited Announces an Updated Mineral Resource Estimate for the Tumas 1, 1 East, 2 and 3 Deposits Located in the Erongo Region of Namibia

New major risk - Share price stability

Deep Yellow Limited Announces Chief Financial Officer Changes

Deep Yellow Limited Announces Executive Changes

First half 2024 earnings released: AU$0.008 loss per share (vs AU$0.008 loss in 1H 2023)

Deep Yellow Limited has filed a Follow-on Equity Offering in the amount of AUD 29.999999 million.

Executive Director recently sold €419k worth of stock

Deep Yellow Limited Announces Resignation of M Greene as Non-Executive Director with Effect from 23 November 2023

Deep Yellow Limited, Annual General Meeting, Nov 24, 2023

Full year 2023 earnings released: AU$0.014 loss per share (vs AU$0.018 loss in FY 2022)

New minor risk - Financial data availability

New minor risk - Financial data availability

New major risk - Financial position

Less than half of directors are independent

Deep Yellow Limited Appoints Tim Lindley as Non-Executive Director

First half 2023 earnings released: AU$0.008 loss per share (vs AU$0.008 loss in 1H 2022)

Deep Yellow Limited Announces the Commonwealth Department of Climate Change, Energy, the Environment and Water Approves the Mulga Rock Project Sandhill Dunnart Conservation Plan

Deep Yellow Limited Announces to Release the Results of the Tumas DFS, Showing the Uranium Project as a Potential World-Class Operation Delivering Robust Returns to Shareholders

Deep Yellow Limited Announces Resignation of Wayne Bramwell as Director

Deep Yellow Limited Provides Critical Minerals Assessment of Mulga Rock Project

Deep Yellow Limited Announces Completion of Omahola Drilling and Positive Results Delivered

Deep Yellow Limited Announces Steven George Michael Not Seek Re-Election as Director

Deep Yellow Limited Announces Tumas and Mulga Rock Update

High number of new directors

High number of new directors

Deep Yellow Limited Announces Completion of an 18-Hole, 6,339M Diamond Drilling Program At the Angularli Deposit

Deep Yellow Limited Updates on Two- Stage,10,000M Follow-Up RC and Core Drilling Program at Omahola Project

Deep Yellow Limited Updates on Two- Stage,10,000M Follow-Up RC and Core Drilling Program At Omahola Project

Deep Yellow Limited Announces the Appointment of Victoria Jackson as a Non-Executive Director

Deep Yellow Limited, Annual General Meeting, Nov 25, 2022

Full year 2022 earnings released: AU$0.018 loss per share (vs AU$0.017 loss in FY 2021)

Deep Yellow Limited Announces Executive Appointments

Deep Yellow Limited Continues Follow-Up Drilling At Omahola with Positive Result

Deep Yellow Limited Announces Resignation of Justin Reid as a Director

Less than half of directors are independent

Deep Yellow Limited Completes Barking Gecko Phase 2 Drilling

Deep Yellow Limited (ASX:DYL) agreed to acquire Vimy Resources Limited (ASX:VMY) approximately AUD 330 million.

Deep Yellow Limited (ASX:DYL) agreed to acquire Vimy Resources Limited (ASX:VMY) approximately AUD 330 million.

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Deep Yellow Limited Announces Commencement of Follow-Up Drilling at Omahola

Tdeep Yellow Limited Provides an Update on the Tumas Definitive Feasibility Study

Deep Yellow Limited Identifies Thick High-Grade Mineralisation At Barking Gecko

Non-Executive Director Christophe Urtel has left the company

Full year 2021 earnings released: AU$0.017 loss per share (vs AU$0.012 profit in FY 2020)

Deep Yellow Limited Announces Completion of the Tumas DFS Resource Upgrade Drilling Program at the Tumas 3 and 1 East Deposits, Located on EPLs 3496 and 3497

Deep Yellow Limited Announces Completion of RC Infill Drilling at the Tumas 3 Deposit, Located on EPL3496

Deep Yellow Limited Announces Positive Results Continue At Tumas 3 DFS Resource Drilling

Deep Yellow Limited Announces Completion of the First Phase of the Tumas RC Infill Drilling Program at the Tumas 3 East Deposit

Non-Executive Director recently sold €419k worth of stock

First half 2021 earnings released: AU$0.008 loss per share (vs AU$0.009 loss in 1H 2020)

New 90-day high: €0.56

Deep Yellow Limited Announces Commencement of Targeted Follow-Up Drilling Program at the Barking Gecko Prospect to Test the Thick Uranium Intersections Discovered in TN236RC During the Previous Drilling Program

Deep Yellow Limited Announces the Commencement of the Tumas 3 Reverse Circulation Infill Drilling Program

Deep Yellow Limited Announces the Completion of the Tumas Pre-Feasibility Study

New 90-day high: €0.37