Ramaco Resources, Inc.

MUN:5R02 Stock Report

Market Cap: €604.6m

Ramaco Resources Valuation

Is 5R02 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 5R02 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 5R02 (€11.8) is trading below our estimate of fair value (€26.89)

Significantly Below Fair Value: 5R02 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 5R02?

Key metric: As 5R02 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 5R02. This is calculated by dividing 5R02's market cap by their current earnings.
What is 5R02's PE Ratio?
PE Ratio19.1x
EarningsUS$34.31m
Market CapUS$640.64m

Price to Earnings Ratio vs Peers

How does 5R02's PE Ratio compare to its peers?

The above table shows the PE ratio for 5R02 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.1x
EIS Eisen- und Hüttenwerke
18.3xn/a€200.6m
ACT AlzChem Group
12.2x12.6%€610.6m
STO3 Sto SE KGaA
11x7.8%€727.4m
SIM0 SIMONA
10.9xn/a€354.0m
5R02 Ramaco Resources
19.1x36.9%€640.6m

Price-To-Earnings vs Peers: 5R02 is expensive based on its Price-To-Earnings Ratio (19.1x) compared to the peer average (13.1x).

Price to Earnings Ratio vs Industry

How does 5R02's PE Ratio compare vs other companies in the European Metals and Mining Industry?

15 CompaniesPrice / EarningsEstimated GrowthMarket Cap
5R02 19.1xIndustry Avg. 12.5xNo. of Companies15PE0816243240+
15 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 5R02 is expensive based on its Price-To-Earnings Ratio (19.1x) compared to the European Metals and Mining industry average (12.9x).

Price to Earnings Ratio vs Fair Ratio

What is 5R02'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.

5R02 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.1x
Fair PE Ratio24.4x

Price-To-Earnings vs Fair Ratio: 5R02 is good value based on its Price-To-Earnings Ratio (19.1x) compared to the estimated Fair Price-To-Earnings Ratio (24.4x).

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 5R02 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€11.80
€17.60
+49.1%
4.3%€18.52€16.67n/a3
Nov ’25€9.30
€17.07
+83.5%
6.7%€18.28€15.54n/a3
Oct ’25€10.50
€17.09
+62.8%
4.3%€17.99€16.19n/a3
Sep ’25€11.30
€18.06
+59.8%
4.1%€18.96€17.16n/a3
Aug ’25€12.50
€19.29
+54.3%
3.9%€20.21€18.37n/a3
Jul ’25€13.00
€19.72
+51.7%
3.9%€20.42€18.56n/a4
Jun ’25€12.80
€19.72
+54.1%
3.9%€20.42€18.56n/a4
May ’25€15.40
€21.88
+42.1%
5.6%€22.59€19.76n/a4
Apr ’25€15.32
€21.78
+42.2%
6.4%€23.17€19.46n/a4
Mar ’25€16.13
€22.64
+40.4%
19.4%€29.88€18.68n/a4
Feb ’25€17.57
€22.31
+27.0%
19.4%€29.44€18.40n/a4
Jan ’25€15.64
€17.29
+10.5%
10.1%€18.52€14.82n/a3
Dec ’24€15.21
€14.47
-4.9%
18.2%€18.38€11.03n/a4
Nov ’24€11.21
€13.05
+16.4%
16.6%€15.19€9.49€9.304
Oct ’24€10.46
€11.07
+5.8%
17.0%€14.28€9.52€10.504
Sep ’24€7.27
€8.33
+14.6%
27.6%€10.11€3.94€11.305
Aug ’24€8.29
€8.90
+7.3%
31.4%€11.98€3.95€12.505
Jul ’24€7.66
€8.70
+13.7%
32.1%€11.96€3.95€13.005
Jun ’24n/a
€9.53
0%
27.3%€11.86€4.79€12.805
May ’24n/a
€9.58
0%
27.3%€11.92€4.81€15.405
Apr ’24n/a
€10.01
0%
27.9%€11.99€4.84€15.325
Mar ’24n/a
€10.31
0%
27.2%€12.13€4.90€16.135
Feb ’24n/a
€10.67
0%
29.2%€13.97€4.89€17.575
Jan ’24n/a
€10.78
0%
29.2%€14.12€4.94€15.645
Dec ’23n/a
€12.84
0%
30.1%€15.98€5.24€15.215
Nov ’23n/a
€14.23
0%
45.3%€24.65€5.39€11.215

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

UBE

JP¥224.0b

Engages in the chemicals, construction materials, and machinery businesses in Japan, North America, Europe, Africa, the Middle East, Thailand, India, Latin America, and internationally.

UBE

JP¥14.00

7D

-0.7%

1Y

0.7%

Transcontinental

CA$1.4b

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, Australia, and New Zealand.

53L

CA$11.10

7D

-1.8%

1Y

53.1%

Trinseo

US$120.4m

Operates as a specialty material solutions provider in the United States, Europe, the Asia-Pacific, and internationally.

3XD

US$3.10

7D

-2.5%

1Y

-48.8%