WA1 Resources Ltd

DB:NJ7 Stock Report

Market Cap: €696.3m

WA1 Resources Valuation

Is NJ7 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of NJ7 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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Below Future Cash Flow Value: Insufficient data to calculate NJ7's future cash flow value for valuation analysis.

Significantly Below Future Cash Flow Value: Insufficient data to calculate NJ7's future cash flow value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NJ7?

Key metric: As NJ7 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 NJ7. This is calculated by dividing NJ7's market cap by their current book value.
What is NJ7's PB Ratio?
PB Ratio9.2x
BookAU$125.94m
Market CapAU$1.16b

Price to Book Ratio vs Peers

How does NJ7's PB Ratio compare to its peers?

The above table shows the PB ratio for NJ7 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average43.1x
M0LY Greenland Resources
17.6xn/a€133.2m
PNX Pasinex Resources
151.6xn/a€15.1m
EIS Eisen- und Hüttenwerke
2xn/a€362.6m
STO3 Sto SE KGaA
1.1x27.01%€807.1m
NJ7 WA1 Resources
9.2x68.69%€1.2b

Price-To-Book vs Peers: NJ7 is good value based on its Price-To-Book Ratio (9.2x) compared to the peer average (43.1x).

Historical Price to Book Ratio

Historical Price to Book Ratio compares a stock's price to the book value of it's equity over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Book Ratio vs Industry

How does NJ7's PB Ratio compare vs other companies in the European Metals and Mining Industry?

34 CompaniesPrice / BookEstimated GrowthMarket Cap
NJ7 9.2xIndustry Avg. 1.5xNo. of Companies34PB012345+
34 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: NJ7 is expensive based on its Price-To-Book Ratio (9.2x) compared to the European Metals and Mining industry average (1.4x).

Price to Book Ratio vs Fair Ratio

What is NJ7'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.

NJ7 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio9.2x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate NJ7'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 NJ7 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€8.60
€15.81
+83.80%
15.11%€19.12€13.59n/a3
Feb ’27€9.26
€14.74
+59.16%
5.29%€15.62€13.73n/a3
Jan ’27n/a
€14.74
0%
5.29%€15.62€13.73n/a3
Dec ’26n/a
€14.88
0%
6.46%€15.84€13.92n/a2
Nov ’26n/a
€14.94
0%
4.28%€15.59€14.30n/a2
Oct ’26n/a
€14.94
0%
4.28%€15.59€14.30n/a2
Sep ’26n/a
€14.94
0%
4.28%€15.59€14.30n/a2
Aug ’26n/a
€14.94
0%
4.28%€15.59€14.30n/a2
Jul ’26n/a
€14.94
0%
4.28%€15.59€14.30n/a2
May ’26n/a
€16.82
0%
0.75%€16.95€16.70n/a2
Apr ’26n/a
€16.82
0%
0.75%€16.95€16.70n/a2
Mar ’26n/a
€16.82
0%
0.75%€16.95€16.70n/a2
Feb ’26n/a
€16.82
0%
0.75%€16.95€16.70€9.262
Jan ’26n/a
€16.82
0%
0.75%€16.95€16.70n/a2
Dec ’25n/a
€16.70
0%
2.79%€17.16€16.23n/a2
Nov ’25n/a
€16.70
0%
2.79%€17.16€16.23n/a2
Oct ’25n/a
€16.89
0%
0.15%€16.91€16.86n/a2
Sep ’25n/a
€16.89
0%
0.15%€16.91€16.86n/a2
Aug ’25n/a
€17.14
0%
1.24%€17.35€16.92n/a2
Jul ’25n/a
€17.12
0%
1.15%€17.32€16.92n/a2
Jun ’25n/a
€13.83
0%
22.11%€16.89€10.78n/a2
May ’25n/a
€10.71
0%
1.06%€10.82€10.60n/a2
Apr ’25n/a
€10.71
0%
1.06%€10.82€10.60n/a2
€14.63
Fair Value
41.2% undervalued intrinsic discount
3
Number of Analysts

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/20 09:33
End of Day Share Price 2026/02/20 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

WA1 Resources Ltd is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Regan BurrowsBell Potter
Timothy HoffCanaccord Genuity
Hugo NicolaciGoldman Sachs