Conroy Gold and Natural Resources plc

AIM:CGNR Stock Report

Market Cap: UK£2.2m

Conroy Gold and Natural Resources Valuation

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

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

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

Key Valuation Metric

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

Key metric: As CGNR 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 CGNR. This is calculated by dividing CGNR's market cap by their current book value.
What is CGNR's PB Ratio?
PB Ratio0.1x
Book€19.72m
Market Cap€2.58m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for CGNR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.3x
WSBN Wishbone Gold
0.2xn/aUK£1.5m
TTAU Tectonic Gold
0.4xn/aUK£1.4m
BWAP BWA Group
1.3xn/aUK£3.8m
KAT Katoro Gold
3.2xn/aUK£997.8k
CGNR Conroy Gold and Natural Resources
0.1xn/aUK£2.2m

Price-To-Book vs Peers: CGNR is good value based on its Price-To-Book Ratio (0.1x) compared to the peer average (1.3x).

Price to Book Ratio vs Industry

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

11 CompaniesPrice / BookEstimated GrowthMarket Cap
Industry Avg.1.0x21.6%
CGNR Conroy Gold and Natural Resources
 0.1xn/aUS$2.71m
POG Petropavlovsk
0.08x12.5%US$56.91m
GEMD Gem Diamonds
0.1x1.9%US$19.86m
CGNR 0.1xIndustry Avg. 1.0xNo. of Companies16PB00.61.21.82.43+
11 CompaniesEstimated GrowthMarket Cap
Industry Avg.1.0x21.6%
CGNR Conroy Gold and Natural Resources
 0.1xn/aUS$2.71m
No more companies

Price-To-Book vs Industry: CGNR is good value based on its Price-To-Book Ratio (0.1x) compared to the UK Metals and Mining industry average (1x).

Price to Book Ratio vs Fair Ratio

What is CGNR'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.

CGNR PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.1x
Fair PB Ration/a

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