Elemental Altus Royalties Corp.

DB:T8S Stock Report

Market Cap: €181.9m

Elemental Altus Royalties Valuation

Is T8S 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-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of T8S when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: T8S (€0.71) is trading below our estimate of fair value (€0.96)

Significantly Below Fair Value: T8S is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for T8S?

Key metric: As T8S is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for T8S. This is calculated by dividing T8S's market cap by their current earnings.
What is T8S's PE Ratio?
PE Ratio105.7x
EarningsUS$1.80m
Market CapUS$189.83m

Price to Earnings Ratio vs Peers

How does T8S's PE Ratio compare to its peers?

The above table shows the PE ratio for T8S vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15x
EIS Eisen- und Hüttenwerke
19.3xn/a€211.2m
UZU Uzin Utz
10.1x2.1%€242.1m
2HRA H&R GmbH KGaA
22.3x52.9%€123.2m
NTG Nabaltec
8.4x5.9%€118.4m
T8S Elemental Altus Royalties
105.7xn/a€272.8m

Price-To-Earnings vs Peers: T8S is expensive based on its Price-To-Earnings Ratio (105.7x) compared to the peer average (15x).

Price to Earnings Ratio vs Industry

How does T8S's PE Ratio compare vs other companies in the European Metals and Mining Industry?

15 CompaniesPrice / EarningsEstimated GrowthMarket Cap
T8S 105.7xIndustry Avg. 11.5xNo. of Companies15PE0816243240+
15 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: T8S is expensive based on its Price-To-Earnings Ratio (105.7x) compared to the European Metals and Mining industry average (11.5x).

Price to Earnings Ratio vs Fair Ratio

What is T8S's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

T8S PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio105.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate T8S's Price-To-Earnings 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 T8S forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.71
€1.39
+95.6%
15.2%€1.60€1.06n/a4
Dec ’25€0.74
€1.39
+87.6%
15.2%€1.60€1.06n/a4
Nov ’25€0.81
€1.37
+69.6%
15.2%€1.57€1.04n/a4
Oct ’25€0.81
€1.36
+67.6%
3.4%€1.42€1.33n/a3
Sep ’25€0.73
€1.37
+86.0%
3.4%€1.43€1.33n/a3
Aug ’25€0.75
€1.37
+82.3%
3.4%€1.43€1.33n/a3
Jul ’25€0.76
€1.37
+80.5%
5.1%€1.46€1.29n/a3
Jun ’25€0.73
€1.36
+86.7%
5.1%€1.45€1.28n/a3
May ’25€0.74
€1.40
+87.7%
5.2%€1.47€1.30n/a4
Apr ’25€0.74
€1.27
+71.7%
10.2%€1.46€1.12n/a4
Mar ’25€0.65
€1.28
+96.6%
10.2%€1.47€1.12n/a4
Feb ’25€0.69
€1.30
+87.3%
10.9%€1.47€1.13n/a4
Jan ’25€0.69
€1.30
+86.5%
12.4%€1.44€1.07n/a3
Dec ’24€0.79
€1.30
+64.1%
12.4%€1.44€1.07€0.743
Nov ’24€0.72
€1.32
+81.7%
12.4%€1.46€1.09€0.813
Oct ’24€0.76
€1.29
+70.4%
10.7%€1.40€1.09€0.813
Sep ’24€0.79
€1.31
+65.8%
6.8%€1.39€1.19€0.733
Aug ’24€0.84
€1.33
+57.1%
6.8%€1.41€1.20€0.753
Jul ’24€0.77
€1.39
+82.3%
2.0%€1.43€1.36€0.763
Jun ’24€0.81
€1.37
+70.7%
2.0%€1.41€1.34€0.733
May ’24€0.89
€1.34
+50.5%
2.0%€1.37€1.31€0.743
Apr ’24€0.87
€1.36
+57.1%
5.2%€1.46€1.29€0.743
Mar ’24€0.85
€1.47
+72.5%
3.4%€1.51€1.40€0.653
Feb ’24n/a
€1.42
0%
5.7%€1.47€1.30€0.693
Jan ’24n/a
€1.41
0%
5.1%€1.51€1.33€0.693
Dec ’23n/a
€1.61
0%
10.9%€1.86€1.49€0.793

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 Analysis2024/12/23 07:44
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Elemental Altus Royalties Corp. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Carey MacRuryCanaccord Genuity
Kerry SmithHaywood Securities Inc.
Shane NagleNational Bank Financial