O3 Mining Inc.

DB:15A Stock Report

Market Cap: €76.3m

O3 Mining Valuation

Is 15A undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 15A when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 15A (€0.68) is trading below our estimate of fair value (€96.7)

Significantly Below Fair Value: 15A is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 15A?

Key metric: As 15A 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 15A. This is calculated by dividing 15A's market cap by their current book value.
What is 15A's PB Ratio?
PB Ratio0.5x
BookCA$240.16m
Market CapCA$113.12m

Price to Book Ratio vs Peers

How does 15A's PB Ratio compare to its peers?

The above table shows the PB ratio for 15A vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average12.9x
02P Pearl Gold
0.8xn/a€10.8m
M0LY Greenland Resources
44.3xn/a€65.8m
EIS Eisen- und Hüttenwerke
2.1xn/a€202.4m
BNN BRAIN Biotech
4.4x71.5%€71.2m
15A O3 Mining
0.5x67.8%€113.1m

Price-To-Book vs Peers: 15A is good value based on its Price-To-Book Ratio (0.5x) compared to the peer average (12.9x).

Price to Book Ratio vs Industry

How does 15A's PB Ratio compare vs other companies in the European Metals and Mining Industry?

22 CompaniesPrice / BookEstimated GrowthMarket Cap
15A 0.5xIndustry Avg. 0.9xNo. of Companies28PB00.61.21.82.43+
22 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: 15A is good value based on its Price-To-Book Ratio (0.5x) compared to the European Metals and Mining industry average (0.9x).

Price to Book Ratio vs Fair Ratio

What is 15A'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.

15A 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 15A'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 15A forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.68
€2.12
+211.4%
20.0%€2.73€1.64n/a6
Nov ’25€0.70
€2.11
+201.1%
23.5%€2.91€1.58n/a6
Oct ’25€0.69
€2.03
+197.0%
21.1%€2.65€1.49n/a6
Sep ’25€0.66
€2.13
+225.8%
24.3%€2.95€1.51n/a4
Aug ’25€0.77
€2.28
+197.6%
21.7%€2.98€1.53n/a7
Jul ’25€0.89
€2.32
+162.0%
21.8%€3.01€1.54n/a7
Jun ’25€0.89
€2.32
+160.4%
21.4%€2.98€1.52n/a7
May ’25€1.00
€2.43
+143.3%
18.9%€2.99€1.53n/a6
Apr ’25€0.99
€2.48
+149.2%
18.4%€3.01€1.54n/a6
Mar ’25€0.92
€2.48
+169.5%
18.4%€3.01€1.54n/a6
Feb ’25€0.97
€2.43
+148.9%
19.4%€3.03€1.55n/a6
Jan ’25€1.05
€2.47
+134.9%
12.5%€2.92€2.04n/a6
Dec ’24€1.06
€2.46
+132.4%
11.3%€2.88€2.01n/a6
Nov ’24€1.06
€2.54
+139.6%
11.3%€2.97€2.07€0.706
Oct ’24€0.99
€2.59
+161.4%
11.8%€2.96€2.06€0.697
Sep ’24€1.02
€2.59
+154.1%
11.8%€2.91€2.03€0.666
Aug ’24€0.98
€2.60
+164.3%
11.2%€2.95€2.06€0.777
Jul ’24€1.03
€2.69
+161.0%
12.8%€3.11€2.07€0.898
Jun ’24€1.06
€2.69
+153.8%
14.9%€3.42€2.05€0.898
May ’24€1.07
€2.64
+147.2%
14.6%€3.34€2.01€1.008
Apr ’24€0.88
€2.59
+196.6%
16.7%€3.00€1.57€0.998
Mar ’24€0.99
€2.59
+160.8%
16.7%€3.00€1.57€0.928
Feb ’24€1.06
€2.57
+142.1%
16.3%€2.95€1.54€0.978
Jan ’24€1.11
€2.56
+130.3%
18.6%€2.96€1.66€1.057
Dec ’23€1.11
€2.56
+130.3%
18.6%€2.96€1.66€1.067
Nov ’23€0.89
€2.54
+187.5%
20.0%€2.97€1.67€1.067

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

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