Musgrave Minerals Limited

DB:6MU Stock Report

Market Cap: €139.9m

Musgrave Minerals Valuation

Is 6MU undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 6MU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 6MU's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 6MU's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6MU?

Key metric: As 6MU barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for 6MU. This is calculated by dividing 6MU's market cap by their current book value.
What is 6MU's PB Ratio?
PB Ratio4.2x
BookAU$55.10m
Market CapAU$230.57m

Price to Book Ratio vs Peers

How does 6MU's PB Ratio compare to its peers?

The above table shows the PB ratio for 6MU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average33.7x
M0LY Greenland Resources
46.3xn/a€64.0m
W2C IberAmerican Lithium
52.3xn/a€2.0m
EIS Eisen- und Hüttenwerke
2.1xn/a€202.4m
PNX Pasinex Resources
34.2xn/a€1.4m
6MU Musgrave Minerals
4.2x15.7%€230.6m

Price-To-Book vs Peers: 6MU is good value based on its Price-To-Book Ratio (4.2x) compared to the peer average (8x).


Price to Book Ratio vs Industry

How does 6MU's PB Ratio compare vs other companies in the European Metals and Mining Industry?

22 CompaniesPrice / BookEstimated GrowthMarket Cap
6MU 4.2xIndustry Avg. 0.9xNo. of Companies29PB00.61.21.82.43+
22 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: 6MU is expensive based on its Price-To-Book Ratio (4.2x) compared to the European Metals and Mining industry average (1x).


Price to Book Ratio vs Fair Ratio

What is 6MU'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.

6MU PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio4.2x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate 6MU'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.


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