Landore Resources Limited

AIM:LND Stock Report

Market Cap: UK£10.9m

Landore Resources Valuation

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

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

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


Key Valuation Metric

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

Key metric: As LND 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 LND. This is calculated by dividing LND's market cap by their current book value.
What is LND's PB Ratio?
PB Ratio7.3x
BookUK£1.49m
Market CapUK£10.95m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for LND vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average2.7x
KAV Kavango Resources
0.7xn/aUK£11.7m
PREM Premier African Minerals
0.4xn/aUK£11.2m
CMET Capital Metals
1.9xn/aUK£11.2m
MARU Marula Mining
7.9xn/aUK£10.1m
LND Landore Resources
7.3xn/aUK£10.9m

Price-To-Book vs Peers: LND is expensive based on its Price-To-Book Ratio (7.3x) compared to the peer average (2.7x).


Price to Book Ratio vs Industry

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

12 CompaniesPrice / BookEstimated GrowthMarket Cap
POG Petropavlovsk
0.08x12.5%US$56.91m
GEMD Gem Diamonds
0.1x1.9%US$19.80m
RMM Rambler Metals and Mining
0.05xn/aUS$4.07m
IRON Ironveld
0.1xn/aUS$3.43m
LND 7.3xIndustry Avg. 1.0xNo. of Companies16PB00.61.21.82.43+
12 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: LND is expensive based on its Price-To-Book Ratio (7.3x) compared to the UK Metals and Mining industry average (0.9x).


Price to Book Ratio vs Fair Ratio

What is LND'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.

LND PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio7.3x
Fair PB Ration/a

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