Red Rock Resources Valuation

Is R2TA 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 R2TA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate R2TA's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate R2TA's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for R2TA?

Key metric: As R2TA 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 R2TA. This is calculated by dividing R2TA's market cap by their current book value.
What is R2TA's PB Ratio?
PB Ratio	0.1x
Book	UK£14.68m
Market Cap	UK£2.10m

R2TA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	-1.7x
PEG Ratio	n/a

Price to Book Ratio vs Peers

How does R2TA's PB Ratio compare to its peers?

The above table shows the PB ratio for R2TA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	26x
W2C IberAmerican Lithium	14x	n/a	€2.8m
PNX Pasinex Resources	33.7x	n/a	€1.6m
M0LY Greenland Resources	53.3x	n/a	€59.8m
3330 Decheng Technology	3.2x	n/a	€1.9m
R2TA Red Rock Resources	0.1x	n/a	€2.1m

Price-To-Book vs Peers: R2TA is good value based on its Price-To-Book Ratio (0.1x) compared to the peer average (25.3x).

Price to Book Ratio vs Industry

How does R2TA's PB Ratio compare vs other companies in the European Metals and Mining Industry?

24 Companies	Price / Book	Estimated Growth	Market Cap
Industry Avg.	0.9x	28.1%
R2TA Red Rock Resources	0.1x	n/a	US$2.67m

24 Companies		Estimated Growth	Market Cap
Industry Avg.	0.9x	28.1%
R2TA Red Rock Resources	0.1x	n/a	US$2.67m

No more companies

Price-To-Book vs Industry: R2TA is good value based on its Price-To-Book Ratio (0.1x) compared to the European Metals and Mining industry average (0.9x).

Price to Book Ratio vs Fair Ratio

What is R2TA'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.

R2TA PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	0.1x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate R2TA'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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