African Pioneer Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 9TI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 9TI's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 9TI's fair value for valuation analysis.


Key Valuation Metric

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

Key metric: As 9TI 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 9TI. This is calculated by dividing 9TI's market cap by their current book value.
What is 9TI's PB Ratio?
PB Ratio0.8x
BookUK£4.23m
Market CapUK£3.32m

Price to Book Ratio vs Peers

How does 9TI's PB Ratio compare to its peers?

The above table shows the PB ratio for 9TI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average23.3x
W2C IberAmerican Lithium
11.1xn/a€1.0m
PNX Pasinex Resources
33.9xn/a€1.4m
M0LY Greenland Resources
47.6xn/a€78.4m
02P Pearl Gold
0.7xn/a€11.3m
9TI African Pioneer
0.8xn/a€3.3m

Price-To-Book vs Peers: 9TI is good value based on its Price-To-Book Ratio (0.8x) compared to the peer average (23.3x).


Price to Book Ratio vs Industry

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

23 CompaniesPrice / BookEstimated GrowthMarket Cap
9TI 0.8xIndustry Avg. 0.9xNo. of Companies27PB00.61.21.82.43+
23 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: 9TI is good value based on its Price-To-Book Ratio (0.8x) compared to the European Metals and Mining industry average (0.9x).


Price to Book Ratio vs Fair Ratio

What is 9TI'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.

9TI PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.8x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate 9TI'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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