Adriatic Metals Valuation
Is 3FNA undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
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 3FNA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 3FNA (€2.62) is trading below our estimate of fair value (€5.32)
Significantly Below Fair Value: 3FNA is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 3FNA?
Key metric: As 3FNA barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.
| What is 3FNA's PB Ratio? | |
|---|---|
| PB Ratio | 5.6x |
| Book | US$157.77m |
| Market Cap | US$879.76m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 4097.4x |
| Enterprise Value/EBITDA | -30.2x |
| PEG Ratio | n/a |
Price to Book Ratio vs Peers
How does 3FNA's PB Ratio compare to its peers?
| Company | Forward PB | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 11.1x | ||
M0LY Greenland Resources | 42.7x | n/a | €62.7m |
SZG Salzgitter | 0.2x | 93.9% | €940.6m |
TKA thyssenkrupp | 0.3x | 126.6% | €2.4b |
STO3 Sto SE KGaA | 1x | 3.5% | €727.4m |
3FNA Adriatic Metals | 5.6x | 50.6% | €1.4b |
Price-To-Book vs Peers: 3FNA is good value based on its Price-To-Book Ratio (5.6x) compared to the peer average (11x).
Price to Book Ratio vs Industry
How does 3FNA's PB Ratio compare vs other companies in the European Metals and Mining Industry?
| 22 Companies | Price / Book | Estimated Growth | Market Cap |
|---|---|---|---|
| 22 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Book vs Industry: 3FNA is expensive based on its Price-To-Book Ratio (5.6x) compared to the European Metals and Mining industry average (0.9x).
Price to Book Ratio vs Fair Ratio
What is 3FNA'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.
| Fair Ratio | |
|---|---|
| Current PB Ratio | 5.6x |
| Fair PB Ratio | n/a |
Price-To-Book vs Fair Ratio: Insufficient data to calculate 3FNA'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?
Analyst Forecast: Insufficient data to show price forecast.
Discover undervalued companies
Ecora Resources
UK£159.8m
Operates as a natural resource royalty and streaming company in Australia, North and South America, Europe, and internationally.
HGR
UK£0.77
7D
8.9%
1Y
-29.0%
Central Asia Metals
UK£277.0m
Operates as a base metals producer.
9C3
UK£1.87
7D
0.5%
1Y
-4.1%
Arkema
€5.7b
Manufactures and sells specialty chemicals and advanced materials worldwide.
V1S
€75.20
7D
-2.0%
1Y
-17.2%