Atico Mining Corporation

DB:9AO Stock Report

Market Cap: €10.8m

Atico Mining Valuation

Is 9AO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 9AO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 9AO (€0.07) is trading below our estimate of fair value (€1.04)

Significantly Below Fair Value: 9AO is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 9AO?

Key metric: As 9AO is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 9AO. This is calculated by dividing 9AO's market cap by their current revenue.
What is 9AO's PS Ratio?
PS Ratio0.2x
SalesUS$70.53m
Market CapUS$11.28m

Price to Sales Ratio vs Peers

How does 9AO's PS Ratio compare to its peers?

The above table shows the PS ratio for 9AO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.5x
BIG1 Bio-Gate
0.8x16.3%€6.3m
DLX Delignit
0.3x10.2%€24.6m
IBU IBU-tec advanced materials
0.7x19.2%€33.3m
MGL Magontec
0.2x9.4%AU$16.3m
9AO Atico Mining
0.2x0.4%€15.8m

Price-To-Sales vs Peers: 9AO is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.5x).

Price to Sales Ratio vs Industry

How does 9AO's PS Ratio compare vs other companies in the European Metals and Mining Industry?

36 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.0.7x2.0%
9AO Atico Mining
 0.2x0.4%US$11.28m
9AO 0.2xIndustry Avg. 0.7xNo. of Companies35PS00.81.62.43.24+
36 CompaniesEstimated GrowthMarket Cap
Industry Avg.0.7x28.1%
9AO Atico Mining
 0.2xn/aUS$11.28m
No more companies

Price-To-Sales vs Industry: 9AO is good value based on its Price-To-Sales Ratio (0.2x) compared to the European Metals and Mining industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is 9AO's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

9AO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ratio0.2x

Price-To-Sales vs Fair Ratio: 9AO is good value based on its Price-To-Sales Ratio (0.2x) compared to the estimated Fair Price-To-Sales Ratio (0.2x).

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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