Hamak Gold Valuation

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

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

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


Key Valuation Metric

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

Key metric: As HAMA 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 HAMA. This is calculated by dividing HAMA's market cap by their current book value.
What is HAMA's PB Ratio?
PB Ratio0.6x
BookUS$1.70m
Market CapUS$1.04m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for HAMA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1x
KAT Katoro Gold
3.4xn/aUK£1.1m
WSBN Wishbone Gold
0.2xn/aUK£1.2m
TTAU Tectonic Gold
0.4xn/aUK£1.4m
CGNR Conroy Gold and Natural Resources
0.1xn/aUK£2.2m
HAMA Hamak Gold
0.6xn/aUK£831.0k

Price-To-Book vs Peers: HAMA is good value based on its Price-To-Book Ratio (0.6x) compared to the peer average (1x).


Price to Book Ratio vs Industry

How does HAMA'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$19.83m
RMM Rambler Metals and Mining
0.05xn/aUS$4.07m
IRON Ironveld
0.1xn/aUS$3.43m
HAMA 0.6xIndustry Avg. 1.0xNo. of Companies16PB00.61.21.82.43+
12 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: HAMA is good value based on its Price-To-Book Ratio (0.6x) compared to the UK Metals and Mining industry average (1x).


Price to Book Ratio vs Fair Ratio

What is HAMA'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.

HAMA PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.6x
Fair PB Ration/a

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