Goldstone Resources Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for GRL. This is calculated by dividing GRL's market cap by their current revenue.
What is GRL's PS Ratio?
PS Ratio	2.8x
Sales	US$4.56m
Market Cap	US$12.72m

GRL 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	4.5x
Enterprise Value/EBITDA	11.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for GRL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.5x
PRIM Primorus Investments	1.7x	n/a	UK£5.6m
GDP Goldplat	0.2x	-12.5%	UK£10.8m
CNG China Nonferrous Gold	0.09x	n/a	UK£5.0m
HUM Hummingbird Resources	0.2x	n/a	UK£16.6m
GRL Goldstone Resources	2.8x	n/a	UK£10.2m

Price-To-Sales vs Peers: GRL is expensive based on its Price-To-Sales Ratio (2.8x) compared to the peer average (0.5x).

Price to Sales Ratio vs Industry

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

14 Companies	Price / Sales	Estimated Growth	Market Cap
GLEN Glencore	0.3x	-0.8%	US$57.94b
NLMK Novolipetsk Steel	0.3x	n/a	US$4.08b
EVR EVRAZ	0.1x	-8.5%	US$1.42b
PDL Petra Diamonds	0.2x	8.5%	US$81.18m

14 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: GRL is expensive based on its Price-To-Sales Ratio (2.8x) compared to the UK Metals and Mining industry average (2x).

Price to Sales Ratio vs Fair Ratio

What is GRL'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.

GRL PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	2.8x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate GRL's Price-To-Sales 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.

Discover undervalued companies

Elkem

NOK 11.6b

Engages in the provision of advanced material solutions worldwide.

0SFN

NOK 18.10

0.9%

-0.3%

Navigator Company

€2.5b

Manufactures and markets pulp and paper products worldwide.

0KLO

€3.52

-2.9%

-7.0%

NV Bekaert

€1.7b

Provides steel wire transformation and coating technologies worldwide.

0OQJ

€32.44

-0.6%

-22.0%