Leading Edge Materials Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

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

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

Key Valuation Metric

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

Key metric: As LEMSE 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 LEMSE. This is calculated by dividing LEMSE's market cap by their current book value.
What is LEMSE's PB Ratio?
PB Ratio	1x
Book	CA$22.47m
Market Cap	CA$23.21m

LEMSE 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	n/a
Enterprise Value/EBITDA	-7.6x
PEG Ratio	n/a

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for LEMSE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	2x
DRIL Drillcon	1.2x	n/a	SEK 201.6m
GRANGX Grangex	1.2x	n/a	SEK 122.9m
LOVI Lovisagruvan	3.3x	n/a	SEK 99.8m
BLUE Bluelake Mineral	2.2x	n/a	SEK 81.9m
LEMSE Leading Edge Materials	1x	n/a	SEK 23.2m

Price-To-Book vs Peers: LEMSE is good value based on its Price-To-Book Ratio (1x) compared to the peer average (2x).

Price to Book Ratio vs Industry

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

2 Companies	Price / Book	Estimated Growth	Market Cap
KOPY Kopy Goldfields	0.1x	n/a	US$7.58m
BAT Eurobattery Minerals	0.1x	n/a	US$1.52m

No more companies available in this PB range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: LEMSE is expensive based on its Price-To-Book Ratio (1x) compared to the European Metals and Mining industry average (0.9x).

Price to Book Ratio vs Fair Ratio

What is LEMSE'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.

LEMSE PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	1x
Fair PB Ratio	n/a

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