Atlantic Lithium Limited

DB:BSG0 Stock Report

Market Cap: €104.4m

Atlantic Lithium Valuation

Is BSG0 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 BSG0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate BSG0's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate BSG0's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BSG0?

Key metric: As BSG0 barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for BSG0. This is calculated by dividing BSG0's market cap by their current book value.
What is BSG0's PB Ratio?
PB Ratio4.8x
BookAU$35.45m
Market CapAU$169.20m

Price to Book Ratio vs Peers

How does BSG0's PB Ratio compare to its peers?

The above table shows the PB ratio for BSG0 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average13.3x
M0LY Greenland Resources
45.3xn/a€69.4m
STA Strandline Resources
0.8x37.8%AU$138.9m
HGO Hillgrove Resources
1.9x66.5%AU$115.3m
MNO Meridian Mining UK Societas
5.2x86.7%CA$134.1m
BSG0 Atlantic Lithium
4.8x5.7%€87.1m

Price-To-Book vs Peers: BSG0 is good value based on its Price-To-Book Ratio (4.8x) compared to the peer average (13.3x).

Price to Book Ratio vs Industry

How does BSG0's PB Ratio compare vs other companies in the European Metals and Mining Industry?

24 CompaniesPrice / BookEstimated GrowthMarket Cap
BSG0 4.8xIndustry Avg. 0.9xNo. of Companies28PB00.61.21.82.43+
24 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: BSG0 is expensive based on its Price-To-Book Ratio (4.8x) compared to the European Metals and Mining industry average (0.9x).

Price to Book Ratio vs Fair Ratio

What is BSG0'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.

BSG0 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio4.8x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate BSG0'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 BSG0 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.13
€0.37
+181.3%
47.0%€0.61€0.19n/a3
Nov ’25€0.13
€0.39
+188.6%
43.9%€0.60€0.19n/a3
Oct ’25€0.14
€0.38
+164.7%
45.3%€0.59€0.18n/a3
Sep ’25€0.14
€0.40
+185.1%
38.0%€0.60€0.24n/a3
Aug ’25€0.20
€0.40
+103.2%
36.9%€0.59€0.24n/a3
Jul ’25€0.21
€0.44
+107.4%
38.7%€0.66€0.25n/a3
Jun ’25€0.25
€0.44
+77.4%
35.8%€0.65€0.27n/a3
May ’25€0.23
€0.44
+94.2%
35.8%€0.65€0.27n/a3
Apr ’25€0.20
€0.44
+120.2%
35.6%€0.64€0.27n/a3
Mar ’25€0.21
€0.38
+77.7%
13.7%€0.43€0.33n/a2
Feb ’25€0.21
€0.51
+143.2%
36.2%€0.76€0.33n/a3
Jan ’25€0.23
€0.38
+69.5%
15.8%€0.44€0.32n/a2
Dec ’24€0.31
€0.43
+39.9%
5.5%€0.45€0.40n/a2
Nov ’24€0.20
€0.50
+152.0%
51.0%€0.86€0.25€0.133
Oct ’24€0.26
€0.54
+106.3%
50.5%€0.92€0.28€0.143
Sep ’24€0.21
€0.55
+161.6%
46.2%€0.90€0.32€0.143
Aug ’24€0.22
€0.72
+230.0%
29.2%€0.93€0.43€0.203
Jul ’24€0.31
€0.59
+92.8%
41.1%€0.93€0.41€0.213
Jun ’24€0.35
€0.71
+100.8%
32.8%€1.03€0.48€0.253
May ’24€0.35
€0.65
+89.1%
26.9%€0.90€0.48€0.233
Apr ’24€0.32
€0.67
+110.9%
26.3%€0.91€0.50€0.203
Mar ’24€0.40
€0.80
+101.8%
19.8%€0.96€0.64€0.212
Feb ’24€0.44
€0.80
+83.4%
19.5%€0.96€0.65€0.212
Jan ’24€0.39
€0.75
+90.4%
28.5%€0.96€0.53€0.232
Dec ’23€0.49
€0.75
+52.3%
28.5%€0.96€0.53€0.312
Nov ’23€0.44
€0.74
+70.0%
28.5%€0.95€0.53€0.202

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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