Omai Gold Mines Corp.

DB:0N2 Stock Report

Market Cap: €956.1m

Omai Gold Mines Valuation

Is 0N2 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of 0N2 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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Below Future Cash Flow Value: Insufficient data to calculate 0N2's future cash flow value for valuation analysis.

Significantly Below Future Cash Flow Value: Insufficient data to calculate 0N2's future cash flow value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0N2?

Key metric: As 0N2 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 0N2. This is calculated by dividing 0N2's market cap by their current book value.
What is 0N2's PB Ratio?
PB Ratio29.2x
BookUS$37.92m
Market CapUS$1.11b

Price to Book Ratio vs Peers

How does 0N2's PB Ratio compare to its peers?

The above table shows the PB ratio for 0N2 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average0.8x
KCO Klöckner & Co
0.8x85.10%€1.2b
02P Pearl Gold
1.3xn/a€9.4m
LXS LANXESS
0.4x59.60%€1.4b
STO3 Sto SE KGaA
0.9x19.97%€649.0m
0N2 Omai Gold Mines
29.2xn/a€1.5b

Price-To-Book vs Peers: 0N2 is expensive based on its Price-To-Book Ratio (29.2x) compared to the peer average (0.8x).

Historical Price to Book Ratio

Historical Price to Book Ratio compares a stock's price to the book value of it's equity over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Book Ratio vs Industry

How does 0N2's PB Ratio compare vs other companies in the European Metals and Mining Industry?

33 CompaniesPrice / BookEstimated GrowthMarket Cap
0N2 29.2xIndustry Avg. 1.4xNo. of Companies33PB012345+
33 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: 0N2 is expensive based on its Price-To-Book Ratio (29.2x) compared to the European Metals and Mining industry average (1.4x).

Price to Book Ratio vs Fair Ratio

What is 0N2'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.

0N2 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio29.2x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate 0N2'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?

The above table shows the analyst 0N2 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€1.31
€2.49
+89.89%
6.91%€2.77€2.18n/a6
Jun ’27€1.59
€2.44
+53.48%
8.33%€2.77€2.18n/a6
May ’27€1.42
€2.38
+67.27%
11.91%€2.75€1.86n/a6
Apr ’27€1.05
€2.09
+99.47%
22.02%€2.79€1.52n/a6
Mar ’27€1.25
€2.05
+64.26%
21.83%€2.72€1.49n/a6
Feb ’27€1.14
€1.67
+46.54%
25.52%€2.49€1.21n/a6
Jan ’27€0.82
€1.52
+84.42%
17.80%€2.01€1.24n/a5
Dec ’26€0.79
€1.39
+75.56%
27.16%€2.00€0.99n/a4
Nov ’26€0.69
€1.35
+96.85%
29.02%€1.99€0.99n/a4
Oct ’26€0.77
€1.11
+45.29%
15.14%€1.40€0.98n/a4
Sep ’26€0.56
€1.06
+88.15%
18.96%€1.40€0.87n/a4
Aug ’26€0.46
€0.82
+77.12%
16.80%€1.01€0.69n/a3
Jul ’26€0.33
€0.55
+65.54%
17.24%€0.68€0.47n/a3
Jun ’26€0.31
€0.56
+84.41%
17.67%€0.70€0.48€1.593
May ’26€0.27
€0.48
+77.78%
1.64%€0.49€0.48€1.422
Apr ’26€0.27
€0.50
+83.04%
3.23%€0.52€0.49€1.052
Mar ’26€0.20
€0.52
+157.56%
3.21%€0.54€0.50€1.252
Feb ’26€0.22
€0.36
+65.43%
24.37%€0.45€0.27€1.142
Jan ’26€0.14
€0.36
+148.01%
24.37%€0.44€0.27€0.822
Dec ’25€0.11
€0.35
+208.02%
23.54%€0.43€0.27€0.792
Nov ’25€0.11
€0.35
+228.36%
23.54%€0.43€0.27€0.692
Oct ’25€0.11
€0.35
+218.12%
23.97%€0.43€0.27€0.772
€2.29
Fair Value
42.8% undervalued intrinsic discount
6
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/14 17:53
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

Omai Gold Mines Corp. is covered by 4 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.

AnalystInstitution
Jamie SprattHaywood Securities Inc.
null nullNational Bank Financial
Rabi NizamiNational Bank Financial