Contango Ore, Inc.

DB:F85 Stock Report

Market Cap: €162.7m

Contango Ore Valuation

Is F85 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 F85 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: F85 (€16.6) is trading below our estimate of fair value (€205.73)

Significantly Below Fair Value: F85 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for F85?

Key metric: As F85 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 F85. This is calculated by dividing F85's market cap by their current book value.
What is F85's PB Ratio?
PB Ratio-16.9x
Book-US$10.22m
Market CapUS$172.18m

Price to Book Ratio vs Peers

How does F85's PB Ratio compare to its peers?

The above table shows the PB ratio for F85 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average25.1x
M0LY Greenland Resources
45.8xn/a€66.4m
W2C IberAmerican Lithium
52.2xn/a€3.8m
EIS Eisen- und Hüttenwerke
2.1xn/a€202.4m
2HRA H&R GmbH KGaA
0.3x52.9%€124.7m
F85 Contango Ore
n/a126.4%€172.2m

Price-To-Book vs Peers: F85 has negative equity and a Price-To-Book Ratio (-16.9x) compared to the peer average (25.2x).

Price to Book Ratio vs Industry

How does F85's PB Ratio compare vs other companies in the European Metals and Mining Industry?

22 CompaniesPrice / BookEstimated GrowthMarket Cap
F85 is unprofitableIndustry Avg. 0.9xNo. of Companies28PB00.61.21.82.43+
22 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: F85 has negative equity and a Price-To-Book Ratio (-16.9x) compared to the European Metals and Mining industry average (0.9x).

Price to Book Ratio vs Fair Ratio

What is F85'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.

F85 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio-16.9x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate F85'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 F85 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€16.60
€30.47
+83.6%
16.2%€37.80€23.63n/a6
Nov ’25€19.60
€31.73
+61.9%
10.0%€37.08€27.51n/a6
Oct ’25€17.20
€30.33
+76.3%
9.5%€36.24€26.88n/a6
Sep ’25€19.20
€29.91
+55.8%
9.5%€35.74€26.51n/a6
Aug ’25€20.80
€31.48
+51.4%
8.3%€35.15€27.44n/a5
Jul ’25€16.50
€31.92
+93.5%
9.2%€35.50€27.72n/a4
Jun ’25€22.20
€32.15
+44.8%
9.0%€34.99€27.32n/a4
May ’25€19.60
€29.98
+53.0%
16.2%€35.44€21.66n/a5
Apr ’25€17.70
€28.77
+62.5%
19.4%€35.06€21.42n/a4
Mar ’25€15.40
€30.08
+95.3%
20.2%€35.28€21.56n/a3
Feb ’25€16.05
€34.00
+111.8%
2.7%€34.92€33.08n/a2
Jan ’25n/a
€32.21
0%
9.8%€35.30€27.87n/a3
Dec ’24n/a
€32.58
0%
9.8%€35.71€28.19€16.603
Nov ’24n/a
€32.58
0%
9.8%€35.71€28.19€19.603
Oct ’24n/a
€32.58
0%
9.8%€35.71€28.19€17.203
Sep ’24n/a
€30.74
0%
11.8%€34.35€27.12€19.202
Aug ’24n/a
€30.74
0%
11.8%€34.35€27.12€20.802
Jul ’24n/a
€31.15
0%
11.8%€34.82€27.49€16.502
Jun ’24n/a
€31.75
0%
11.8%€35.48€28.01€22.202
May ’24n/a
€33.04
0%
4.1%€34.39€31.68€19.602
Apr ’24n/a
€34.05
0%
4.1%€35.45€32.65€17.702

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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