Andrada Mining Limited

AIM:ATM Stock Report

Market Cap: UK£36.4m

Andrada Mining Valuation

Is ATM 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Discounted Cash Flow
Simply Wall St
UK£0.064
Fair Value
65.7% undervalued intrinsic discount
3
Number of Analysts

Below Fair Value: ATM (£0.02) is trading below our estimate of fair value (£0.06)

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

Key Valuation Metric

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

Key metric: As ATM is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for ATM. This is calculated by dividing ATM's market cap by their current revenue.
What is ATM's PS Ratio?
PS Ratio1.8x
SalesUK£19.94m
Market CapUK£36.39m

Price to Sales Ratio vs Peers

How does ATM's PS Ratio compare to its peers?

The above table shows the PS ratio for ATM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average11.3x
FAR Ferro-Alloy Resources
11.5x-94.3%UK£41.5m
CAPD Capital
0.6x2.6%UK£153.1m
EMH European Metals Holdings
32x6.7%UK£14.0m
MTL Metals Exploration
1.1x14.2%UK£145.8m
ATM Andrada Mining
1.8x35.0%UK£36.4m

Price-To-Sales vs Peers: ATM is good value based on its Price-To-Sales Ratio (1.8x) compared to the peer average (20.4x).

Price to Sales Ratio vs Industry

How does ATM's PS Ratio compare vs other companies in the GB Metals and Mining Industry?

13 CompaniesPrice / SalesEstimated GrowthMarket Cap
GLEN Glencore
0.2x-0.8%US$49.74b
NLMK Novolipetsk Steel
0.3xn/aUS$4.08b
EVR EVRAZ
0.1x-8.5%US$1.42b
PDL Petra Diamonds
0.2x7.7%US$60.16m
ATM 1.8xIndustry Avg. 1.9xNo. of Companies13PS01.22.43.64.86+
13 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: ATM is good value based on its Price-To-Sales Ratio (1.8x) compared to the UK Metals and Mining industry average (1.9x).

Price to Sales Ratio vs Fair Ratio

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

ATM PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.8x
Fair PS Ratio1x

Price-To-Sales vs Fair Ratio: ATM is expensive based on its Price-To-Sales Ratio (1.8x) compared to the estimated Fair Price-To-Sales Ratio (1x).

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 ATM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£0.022
UK£0.15
+604.5%
82.9%UK£0.33UK£0.025n/a3
Feb ’26UK£0.02
UK£0.17
+766.7%
64.3%UK£0.33UK£0.08n/a3
Jan ’26UK£0.021
UK£0.17
+715.7%
64.3%UK£0.33UK£0.08n/a3
Dec ’25UK£0.028
UK£0.18
+542.4%
65.7%UK£0.34UK£0.08n/a3
Nov ’25UK£0.029
UK£0.18
+509.2%
65.7%UK£0.34UK£0.08n/a3
Oct ’25UK£0.034
UK£0.18
+439.2%
60.5%UK£0.34UK£0.10n/a3
Sep ’25UK£0.034
UK£0.17
+409.8%
59.8%UK£0.32UK£0.10n/a3
Aug ’25UK£0.033
UK£0.17
+433.3%
59.8%UK£0.32UK£0.10n/a3
Jul ’25UK£0.038
UK£0.17
+356.1%
59.8%UK£0.32UK£0.10n/a3
Jun ’25UK£0.049
UK£0.19
+298.6%
51.1%UK£0.33UK£0.10n/a3
May ’25UK£0.049
UK£0.24
+389.8%
37.5%UK£0.33UK£0.15n/a2
Apr ’25UK£0.042
UK£0.24
+471.4%
37.5%UK£0.33UK£0.15n/a2
Mar ’25UK£0.045
UK£0.24
+433.3%
37.5%UK£0.33UK£0.15n/a2
Feb ’25UK£0.041
UK£0.24
+492.6%
37.5%UK£0.33UK£0.15UK£0.022
Jan ’25UK£0.051
UK£0.24
+366.0%
37.5%UK£0.33UK£0.15UK£0.0212
Dec ’24UK£0.057
UK£0.24
+321.1%
37.5%UK£0.33UK£0.15UK£0.0282
Nov ’24UK£0.058
UK£0.27
+356.9%
24.5%UK£0.33UK£0.20UK£0.0292
Oct ’24UK£0.068
UK£0.27
+289.7%
24.5%UK£0.33UK£0.20UK£0.0342
Sep ’24UK£0.07
UK£0.27
+278.6%
24.5%UK£0.33UK£0.20UK£0.0342
Aug ’24UK£0.072
UK£0.25
+251.7%
30.7%UK£0.33UK£0.17UK£0.0332
Jul ’24UK£0.075
UK£0.28
+264.2%
27.3%UK£0.35UK£0.20UK£0.0382
Mar ’24UK£0.045
UK£0.22
+391.2%
10.5%UK£0.25UK£0.20UK£0.0452
Feb ’24UK£0.051
UK£0.22
+338.2%
10.5%UK£0.25UK£0.20UK£0.0412
Analyst Price Target
Consensus Narrative from 3 Analysts
UK£0.15
Fair Value
85.8% 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.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/21 04:39
End of Day Share Price 2025/02/21 00:00
Earnings2024/08/31
Annual Earnings2024/02/29

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

Andrada Mining Limited is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard HatchBerenberg
Roger BellHannam & Partners (Advisory) LLP
Andrew BreichmanasStifel, Equities Research